Certain Ordinary Shares of Cloud Village Inc. are subject to a Lock-Up Agreement Ending on 1-DEC-2022. These Ordinary Shares will be under lockup for 365 days starting from 1-DEC-2021 to 1-DEC-2022.

Details:
The company controlling shareholder, namely, NetEase, Inc. has agreed not to dispose of their interest for a period of six months from the listing date and also agreed not to dispose of their interest for a period of further six months from the expiry date of the first six months.