Certain Ordinary Shares of PT Graha Prima Mentari Tbk are subject to a Lock-Up Agreement Ending on 27-FEB-2024. These Ordinary Shares will be under lockup for 236 days starting from 6-JUL-2023 to 27-FEB-2024.

Details:
The Company's shareholders declare voluntarily that within a period of 8 (eight) months after the Registration Statement becomes Effective, the Shareholders will not transfer all of their shares in the Company, as stated in: 1. Statement Letter of Rudy Susanto Wijaya owner 865,200,000 (eight hundred sixty five million two hundred thousand) shares, on March 10, 2023, 2. Statement Letter by Agus Susanto as the owner of 370,800,000 (three hundred seventy million eight hundred thousand) shares, dated March 10, 2023.

In addition, based on the Company's Controller Statement dated March 10, 2023, the Company's controlling shareholder, Rudy Susanto Wijaya, will not transfer his control within 12 months after the Company's Registration Statement becomes effective.

The Company's management stated that there were no negative covenants that could harm the rights of public shareholders.