Certain Ordinary Shares of Landsea Green Life Service Company Limited are subject to a Lock-Up Agreement Ending on 7-JAN-2022. These Ordinary Shares will be under lockup for 184 days starting from 7-JUL-2021 to 7-JAN-2022.

Details:
The controlling shareholders, the Sole Sponsor, the Sole Global Coordinator, the Joint Bookrunners, the Joint Lead Managers and the other Hong Kong Underwriters, Hong Kong New Tourism, Cliff Lin Limited, Jianhe Holdings Limited, Lovet Limited, Dreamer Limited, Wisdom Holding Limited, BELL Limited, Orange Holding Limited, Carrying Limited, Optimis Limited and Suntony Holdings Limited have agreed to lock-up restrictions for a period of six months after the listing date which is expected to be March 31, 2021.

The shares held by controlling shareholders will be subject to a lock-up of further six months from the expiry of first lock-up period such that on disposal of such shares they cease to be controlling shareholders of the company.

A total of 160,619,165 shares of Controlling Shareholders are to be held in the Company subject to the Lock-up Undertakings upon the Listing.