Certain Odinary Shares of Nippon Paint Holdings Co., Ltd. are subject to a Lock-Up Agreement Ending on 18-JUL-2022. These Odinary Shares will be under lockup for 180 days starting from 19-JAN-2022 to 18-JUL-2022.

Details:
With regard to the Offering, one of the Selling Shareholders (Sumitomo Mitsui Trust Bank, Limited) and two shareholders of the Company (NIPSEA International Limited and Fraser (HK) Limited) have agreed with the underwriters to the effect that, during the period beginning on the Pricing Date and ending on the 180 day after the settlement date of the Offering.