Certain Ordinary Shares of Country Garden Holdings Company Limited are subject to a Lock-Up Agreement Ending on 2-NOV-2022. These Ordinary Shares will be under lockup for 91 days starting from 3-AUG-2022 to 2-NOV-2022.

Details:
The Board has been informed that, on August 3, 2022, simultaneous with the completion of the Placing, Yang Huiyan (the ‘‘Substantial Shareholder'') entered into a shareholder lock-up undertaking in favour of the Placing Agent (the ‘‘Lock-up Undertaking'') and undertook that the Substantial Shareholder, Concrete Win Limited (which is wholly-owned by the Substantial Shareholder), any other affiliates over which the Substantial Shareholder exercises management or voting control, and any person acting on the Substantial Shareholder's or their behalf have not since July 27, 2022 (being the date of the Placing Agreement) undertaken the following actions set out in (a), (b), (c) or (d) below, and will not, for a period from the date of the Lock-up Undertaking up to 90 days after the completion of the Placing (both dates inclusive), without the prior written consent of the Placing Agent: (a) issue, offer, sell, contract to sell, pledge, encumber or otherwise dispose of or grant options, issue warrants or offer rights entitling persons to purchase any interest in, any Shares or any securities convertible into, exchangeable for or which carry rights to purchase the Shares or other instruments representing interests in the Shares or other securities of the same class as them; (b) enter into any swap or other agreement that transfers, in whole or in part, any of the economic consequences of the ownership of such Shares; (c) enter into any transaction with the same economic effect as, or which is designed to, or which may reasonably be expected to result in, or agree to do, any of the foregoing, whether any such transaction of the kind described in (a), (b) or (c) is to be settled by delivery of the Shares or other securities convertible into, exchangeable for or which carry rights to purchase such Shares, in cash or otherwise; or (d) announce or otherwise make public an intention to do any of the foregoing.