Certain Ordinary Shares of Azelis Group NV are subject to a Lock-Up Agreement Ending on 17-MAR-2022. These Ordinary Shares will be under lockup for 182 days starting from 16-SEP-2021 to 17-MAR-2022. Details: In the Underwriting Agreement, the Selling Shareholders are expected to undertake to the Underwriters that, from the date of the Underwriting Agreement until the lapse of 180 days (in respect of the Principal Selling Shareholders) or 360 days (in respect of the Individual Selling Shareholders) following the Listing Date, they will not directly or indirectly, without the written consent (not to be unreasonably withheld or delayed) of the Joint Global Coordinators: (i) issue, pledge, offer, lend, mortgage, assign, charge, pledge, sell, contract to sell or issue, sell any option or contract to purchase, purchase any option or contract to sell or issue, grant any option, right or warrant to purchase, lend or otherwise transfer or dispose of, directly or indirectly, any Shares or any interest in the Shares or any securities convertible into or exercisable or exchangeable for, or substantially similar to, Shares or any interest in Shares or file any registration statement under the U.S. Securities Act or file or publish any prospectus with respect to any of the foregoing; (ii) enter into any swap or other agreement or transaction that transfers, in whole or in part, any of the economic consequences of ownership of the Shares; (iii) enter into any other transaction which may result in the issuance, offering, sale or disposal of securities of the Company similar to those offered in the Offering; or (iv) acquire or publicly announce the intention to acquire the Shares or to decrease or publicly announce the intention to decrease its share capital, whether any such swap or transaction described in (i) to (iv) above is to be settled by delivery of the Shares or such other securities, in cash or otherwise.