Certain Ordinary Shares of PT Informasi Teknologi Indonesia Tbk are subject to a Lock-Up Agreement Ending on 29-DEC-2023. These Ordinary Shares will be under lockup for 239 days starting from 4-MAY-2023 to 29-DEC-2023.

Details:
Restrictions on Shares Issued Prior to Public Offering Based on POJK No. 25 of 2017, all parties who acquire Company shares at an exercise price below the Initial Public Offering price within 6 (six) months prior to submission of registration to the OJK are prohibited from transferring part or all of the Company's shares owned up to 8 (eight) months after the registration statement in connection with the Initial Public Offering becomes effective. POJK No. 25 of 2017 contains exceptions where the prohibition does not apply to ownership of equity securities, either directly or indirectly by the central government, regional governments, or institutions which, based on statutory provisions, have the authority to conduct banking restructuring.

In connection with the provisions above (i) PT Jati Piranti Solusindo as the owner of 2,088,000,000 shares; and (ii) PT Amanah Ayah Anak as the owner of 522,000,000 shares; which acquired their share ownership on September 29, 2022 in the amount of (i) 1,600,000,000 shares and (ii) 400,000 shares at a price of Rp. 20.- (twenty Rupiah) per share, will not transfer ownership of the Company's equity securities. either in part or in whole up to 8 (eight) months after the Registration Statement becomes effective.