Certain Shares of Modulight Oyj are subject to a Lock-Up Agreement Ending on 21-SEP-2023. These Shares will be under lockup for 722 days starting from 29-SEP-2021 to 21-SEP-2023.

Details:
The sellers and Jyrki Liljeroos, an existing shareholder of the Company and the members of the Board of Directors and Management Team of the Company, including Pia Kantola and Timur Karki whose election to the board of Directors is conditional upon completion of the Offering, as well as the Company's key personnel who subscribed for Shares in the offering have agreed to not sell any shares during the period that will end with respect to the Sellers and Lyrki Liljeroos, 720 days from the Listing and commencement of trading (September 21, 2023).