Certain Ordinary Shares of PT King Tire 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 OJK Regulation No. 25/POJK.04/2017 concerning Restrictions on Shares Issued Prior to Public Offering ("POJK No. 25/2017"), PT Kingland Investindo Nusantara, Harris Muliawan, Indra Muliawan and Hardi Muliawan have stated not to transfer all of the Company's share ownership owned up to 8 (eight) months after the registration statement became effective due to the increase in equity participation by the Company's shareholders which was carried out within 6 (six) months before the Registration Statement was submitted.