Certain Ordinary Shares of Sanlorenzo S.p.A. are subject to a Lock-Up Agreement Ending on 7-JUN-2020. These Ordinary Shares will be under lockup for 184 days starting from 6-DEC-2019 to 7-JUN-2020. Details: As part of the agreements made for the Offer and, in particular, with the signing of the Agreement for the Institutional Placement, the Selling Shareholder will undertake, with regard to the Offer Coordinators, a lock-up commitment 360 and 180 days from the Payment Date respectively; Senior Executives Marco Viti, Ferruccio Rossi, Tommaso Vincenzi and Carla Demaria will take on a 360-day lock-up commitment from the Start Date of Negotiations. Segesta S.r.l. have made similar lock-up commitments of 180 days and 90 days, respectively, from the Payment Date.