Certain Common Stock of ASTech Co., Ltd. are subject to a Lock-Up Agreement Ending on 29-DEC-2023. These Common Stock will be under lockup for 38 days starting from 21-NOV-2023 to 29-DEC-2023.

Details:
Existing financial investors sell a portion of their shares, and there is no mandatory holding of the remaining shares under the listing regulations. However, in order to protect investors after listing, 40% of the remaining shares are held for 1 month after the sale of old shares, and 30% are held for 2 months. Monthly, 30% will be held voluntarily for 3 months.

In order to protect investors after listing, CEO Jongbae Yoon, the company's largest shareholder, plans to hold shares for an additional 12 months in addition to the 6 months required under the listing regulations, for a total of 18 months.