Certain Stock Options of PolyPid Ltd. are subject to a Lock-Up Agreement Ending on 23-DEC-2020. These Stock Options will be under lockup for 181 days starting from 25-JUN-2020 to 23-DEC-2020. Details: The company directors and executive officers have agreed that they will not directly or indirectly, without the prior written consent of Barclays Capital Inc., offer, sell, contract to sell, pledge, grant any option to purchase, make any short sale or otherwise dispose of any ordinary shares, or any options or warrants to purchase any ordinary shares, or any securities convertible into, exchangeable for or that represent the right to receive ordinary shares for a period of 180 days after the date of the prospectus. With respect to non-affiliates of the company who will hold an aggregate of 8,721,474 ordinary shares upon the consummation of the offering, they would be subject to lock up agreements for a period of 180 days after the date of the prospectus. With respect to affiliates of the company who will hold an aggregate of 4,574,977 ordinary shares upon the consummation of the offering, they will also be subject to lock up agreements for a period of 180 days after the date of the prospectus.