Certain H Shares of MicroTech Medical (Hangzhou) Co., Ltd. are subject to a Lock-Up Agreement Ending on 18-APR-2022. These H Shares will be under lockup for 182 days starting from 18-OCT-2021 to 18-APR-2022.

Details:
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 and including the Listing Date, 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.

Each of the Single Largest Group of Shareholders undertakes to each of the Joint Sponsors, the Joint Global Coordinators, the Joint Bookrunners, the Joint Lead Managers and the Hong Kong Underwriters that they will comply with the lock-up requirement for the First Six-Month Period in compliance with Rule 10.07 of the Listing Rules and the PRC laws and the lock-up requirement for the Second Six-Month Period in compliance with PRC laws.