Certain Class B Ordinary Shares of Ares Acquisition Corporation are subject to a Lock-Up Agreement Ending on 31-JUL-2021. These Class B Ordinary Shares will be under lockup for 180 days starting from 1-FEB-2021 to 31-JUL-2021.

Details:
The sponsor and officers and directors have agreed that, for a period of 180 days from the date of the prospectus, they will not, without the prior written consent of UBS Securities LLC, offer, sell, contract to sell, pledge or otherwise dispose of, directly or indirectly, any units, warrants, ordinary shares or any other securities convertible into, or exercisable, or exchangeable for, ordinary shares, subject to certain exceptions. UBS Securities LLC in its sole discretion may release any of the securities subject to these lock-up agreements at any time without notice, other than in the case of the officers and directors, which shall be with notice.