Certain Class A Common Stock of Mercantil Bank Holding Corporation are subject to a Lock-Up Agreement Ending on 17-JUN-2019. These Class A Common Stock will be under lockup for 181 days starting from 18-DEC-2018 to 17-JUN-2019.

Details:
The selling shareholder, the officers and directors of the company have agreed with the underwriters not to offer, sell, contract to sell, pledge or otherwise dispose of, directly or indirectly, any of common stock or securities convertible into or exchangeable or exercisable for shares of common stock, enter into a transaction which would have the same effect, or enter into any swap, hedge or other arrangement that transfers, in whole or in part, any of the economic consequences of ownership of common stock, whether any such transaction is to be settled by delivery of common stock or other securities, in cash or otherwise, or publicly disclose the intention to make any such offer, sale, pledge or disposition, or to enter into any such transaction, swap, hedge or other arrangement, without, in each case, the prior written consent of Raymond James & Associates, Inc. for a period of 180 days after the date of the Offering.