11,445,850 Shares of Promimic AB are subject to a Lock-Up Agreement Ending on 25-APR-2023. These Shares will be under lockup for 365 days starting from 25-APR-2022 to 25-APR-2023.

Details:
Existing owners of Promimic have undertaken to Erik Penser Bank to, with certain exceptions, for a period of twelve months from the first day for which he shares in the Company's shares on Nasdaq First North Growth Market to sell its shares in the Company or carry out other transactions with the same effect as a sale (“Lock-up Åtag spirit”). Lock up The Commitment comprises a total of 11,445,850 shares, which corresponds to approximately 92.4 percent of the shares in the Company before the Offer and approximately 65.8 percent of the shares in the Company after the Offer, provided that the Offer is fully subscribed and reported on the following page.

Transfer restrictions described above are subject to customary restrictions and exceptions, for example the acceptance of an offer to all shareholders in the Company in accordance with Swedish take-over rules, sale or other sale of shares as a result of a public takeover bid for the Company, or where the transfer of the shares is required as a result of legal, administrative or legal requirements. In addition, Erik Penser Bank may grant an exemption from the relevant commitment if, on a case by-case basis, it is deemed appropriate by Erik Penser Bank, whereby the shares may, through Erik Penser Bank's provision, be offered for sale or sold in another way. After the lock-up period has expired, the shareholder affected by the lock-up period is free to sell his shares in Promimic.