Certain Common Stock of CPI Card Group Inc. are subject to a Lock-Up Agreement Ending on 30-DEC-2024. These Common Stock will be under lockup for 91 days starting from 30-SEP-2024 to 30-DEC-2024.

Details:
Directors and executive officers and the selling stockholders have agreed with the underwriters, subject to specified exceptions, not to (i) offer, pledge, sell, contract to sell, sell any option or contract to purchase, purchase any option or contract to sell, grant any option, right or warrant to purchase, make any short sale or otherwise transfer or dispose of, directly or indirectly, any shares of its common stock or any securities convertible into, exercisable or exchangeable for or that represent the right to receive its common stock (including without limitation, its common stock which may be deemed to be beneficially owned in accordance with the rules and regulations of the SEC and the common stock which may be issued upon exercise of a stock option or warrant), whether now owned or hereafter acquired, (ii) enter into any swap or other agreement that transfers, in whole or in part, any of the economic consequences of ownership of its common stock, whether any such transaction described in clause (i) or (ii) is to be settled by delivery of its common stock or such other securities, in cash or otherwise (iii) make any demand for, or exercise any right with respect to registration under the Securities Act of its common stock or any security convertible into or exercisable or exchangeable for its common stock, or (iv) publicly disclose the intention to do any of the foregoing. These restrictions will apply through and including the date that is 90 days after the date of the final prospectus supplement.