Certain Shares of Innovent Biologics, Inc. are subject to a Lock-Up Agreement Ending on 26-DEC-2023. These Shares will be under lockup for 98 days starting from 19-SEP-2023 to 26-DEC-2023.

Details:
The Company has undertaken to the Placing Agent that for a period from the date of the Placing
Agreement up to three months after the Completion Date (which is December 19, 2023), the
Company will not, except for the Placing Shares and save pursuant to any employee share option
scheme or restricted share plan of the Company or bonus or scrip dividend or similar arrangements
or any strategic investment agreements entered into by the Company or the Group pursuant to
which the Company may issue shares or securities convertible into shares as consideration or
any agreements existing on the date of the Placing Agreement pursuant to which the Company is
obligated to issue shares, allot or issue or offer to allot or issue any Shares without first having
obtained the written consent of the Placing Agen