Certain Ordinary Shares of EcoOnline Holding AS are subject to a Lock-Up Agreement Ending on 25-MAR-2024. These Ordinary Shares will be under lockup for 1102 days starting from 19-MAR-2021 to 25-MAR-2024.

Details:
The shareholders and members of the company's board of directors and management will enter into customary lock-up arrangements with the managers that will restrict, subject to certain exceptions, their ability to, without the prior written consent of the managers, issue, sell or dispose of shares, as applicable, for a period of 6 months for shareholders and 12 months for members of the company's board of directors and management, after the commencement of trading in the shares on Euronext Growth Oslo.

All employee shareholders, management and board members have entered into lock-up agreements with the principal shareholders that will restrict their ability to dispose of shares, as applicable, for a period of 12 months for board members and employees, and 36 months (the restricted shares to be reduced by 17.5% after 24 months) for management, after the commencement of trading on Euronext Growth Oslo.