Certain Shares of Kunshan Asia Aroma Corp., Ltd. are subject to a Lock-Up Agreement Ending on 10-JUN-2023. These Shares will be under lockup for 365 days starting from 10-JUN-2022 to 10-JUN-2023.

Details:
Holding shareholder and actual controller: Zhou Junxue committed that within 36 months after the listing date, shall not transfer nor entrust to others for management direct or indirect shares in the company held prior to this issuance, nor allow the company to repurchase the said shares. If the closing price of the company's share is lower than the issue price for 20 consecutive trading days within 6 months after listing, or if the closing price of the company's share is lower than the issue price for the period ending six months after listing, then the lockup period shall automatically be extended for 6 months. During the term of office as the company's director, member of supervisory board, senior management personnel, the number of shares in the company transferred each year shall not exceed 25% of the total shares held in the company.

Close relatives and family members of the holding shareholder and actual controller: Tang Huogeng; Tang Jiangang; Zhou Junfang committed that within 36 months after the listing date, shall not transfer nor entrust to others for management direct or indirect shares in the company held prior to this issuance, nor allow the company to repurchase the said shares. If the closing price of the company's share is lower than the issue price for 20 consecutive trading days within 6 months after listing, or if the closing price of the company's share is lower than the issue price for the period ending six months after listing, then the lockup period shall automatically be extended for 6 months.

Shareholders Kunshan Dinglong Bohui Investment Management Enterprise (Limited Partnership); Ningbo Meishan Bonded Port Area Yongyao Equity Investment Partnership Enterprise (Limited Partnership); Ningbo Yongding Equity Investment Partnership Enterprise (Limited Partnership); Shenzhen Qianhai Shenghui Equity Investment Partnership Enterprise (Limited Partnership); Suzhou Yonghongbao Investment Management Center (Limited Partnership); Xu Jian; Ma Huilong; Chu Jianming; Lu Jiang; Shi Weijuan; Cao Jianhua committed that within 12 months after the listing date, shall not transfer nor entrust to others for management direct or indirect shares in the company held prior to this issuance, nor allow the company to repurchase the said shares.

Members of the board of directors, members of supervisory board, senior management personnel with direct or indirect shareholding: Tang Jiangang; Wang Wenwei; Chen Qing; Fang Long; Xia Xueqi; Xu Ping; Wang Bingliang; Lu Shan; Gao Lifang committed that within 12 months after the listing date, shall not transfer nor entrust to others for management direct or indirect shares in the company held prior to this issuance, nor allow the company to repurchase the said shares. If the closing price of the company's share is lower than the issue price for 20 consecutive trading days within 6 months after listing, or if the closing price of the company's share is lower than the issue price for the period ending six months after listing, then the lockup period shall automatically be extended for 6 months. During the term of office as the company's director, member of supervisory board, senior management personnel, the number of shares in the company transferred each year shall not exceed 25% of the total shares held in the company.

Sheng Jun as member of senior management personnel committed that if the closing price of the company's share is lower than the issue price for 20 consecutive trading days within 6 months after listing, or if the closing price of the company's share is lower than the issue price for the period ending six months after listing, then the lockup period shall automatically be extended for 6 months. During the term of office as the company's director, member of supervisory board, senior management personnel, the number of shares in the company transferred each year shall not exceed 25% of the total shares held in the company.

Shareholders Sheng Jun; He Juming; Zhang Huilong; Zhou Genghong committed that within 12 months after the listing date, shall not transfer nor entrust to others for management direct or indirect shares in the company held prior to this issuance, nor allow the company to repurchase the said shares.