10,801,600 H Shares of Laopu Gold Co., Ltd. are subject to a Lock-Up Agreement Ending on 27-DEC-2024. These H Shares will be under lockup for 183 days starting from 27-JUN-2024 to 27-DEC-2024.

Details:
Pursuant to Rule 10.07 of the Listing Rules, each of our Controlling Shareholders has undertaken to the Hong Kong Stock Exchange that, save as disclosed in this prospectus and except pursuant to the Global Offering, the Offer Size Adjustment Option and the Overallotment Option, they will not: (i) in the period commencing on the date by reference to which disclosure of the Shareholder?s holding of Shares is made in this prospectus and ending on the date which is six months from the Listing Date (the ?First Six-month Period?), directly or indirectly dispose of, nor enter into any agreement to dispose of or otherwise create any options, rights, interests or encumbrances in respect of, any of our Shares in respect of which the Shareholder is shown in this prospectus to be the beneficial owner; or (ii) in the period of six months from the expiry of the First Six-month Period (the ?Second Six-month Period?) dispose of, nor enter into any agreement to dispose of or otherwise create any options, rights, interests or encumbrances in respect of, any of the Shares or securities referred to in (i) above if, immediately following the disposal or upon the exercise or enforcement of the options, rights, interests or encumbrances, the Shareholder would cease to be our Controlling Shareholder.

Each of the Cornerstone Investors has agreed that it will not, whether directly or indirectly, at any time during the period of six months from the Listing Date (the ?Lock-up Period?), dispose of any of the Offer Shares they have purchased pursuant to the relevant Cornerstone Investment Agreements, save for certain limited circumstances, such as transfers to any of its wholly-owned subsidiaries who will be bound by the same obligations of such Cornerstone Investor, including the Lock-up Period restriction.