Certain Ordinary Shares of Emirates Central Cooling Systems Corporation are subject to a Lock-Up Agreement Ending on 15-MAY-2023. These Ordinary Shares will be under lockup for 187 days starting from 9-NOV-2022 to 15-MAY-2023.

Details:
Pursuant to an underwriting agreement that is expected to be entered into between the Company, the Selling Shareholders and the Joint Bookrunners prior to the date of Listing (the Underwriting Agreement), the Shares held by the Selling Shareholders following Listing are expected to be subject to a lock-up which starts on the date of Listing and ends 180 days thereafter, subject to certain permitted transfers as set out in the Underwriting Agreement.