78,949,200 Ordinary Shares of Ray Go Solar Holdings Berhad are subject to a Lock-Up Agreement Ending on 11-MAR-2023. These Ordinary Shares will be under lockup for 368 days starting from 8-MAR-2022 to 11-MAR-2023.

Details:
An aggregate of 193,699,200 shares held by the promoters, Dato' Ray Tan and Datin Wang Rui, will be held under lock-up for a period of 12 months from the first day of trading of shares on the LEAP Market.

Upon expiry of the 12 months period, the promoters' aggregate shareholdings amounting to 114,750,000 shares, representing approximately 45.00% of the total number of issued shares shall remain under moratorium for another period of 36 months.