Certain Shares of Sats Asa are subject to a Lock-Up Agreement Ending on 11-OCT-2021. These Shares will be under lockup for 719 days starting from 23-OCT-2019 to 11-OCT-2021. Details: The selling shareholders are expected to agree with the managers that they will not offer, pledge, hypothecate, sell, contract to sell, sell any option or contract to purchase, purchase any option or contract to sell, grant any option, right or warrant to purchase, lend, cause the company to issue, or otherwise transfer or dispose of, directly or indirectly, any Shares or any securities convertible into or exercisable or exchangeable for Shares, for a period ending 180 days, or 365 days for SATS Management Invest AS, after the commencement of if issued/if sold trading on the Oslo Stock Exchange without the prior written consent of the Joint Global Coordinators. The members of Management and Board Members of the company have undertaken that they will not offer, pledge, hypothecate, sell, contract to sell, sell any option or contract to purchase, purchase any option or contract to sell, grant any option, right or warrant to purchase, lend, cause the company to issue, or otherwise transfer or dispose of, directly or indirectly, any Shares or any securities convertible into or exercisable or exchangeable for Shares without the prior written consent of the Joint Global Coordinators, until 365 days from the first day of trading of the Shares on the Oslo Stock Exchange. The CEO has entered into a separate lock-up arrangement in an agreement between SATS Group AS, SATS Management Invest AS, the Company, himself and his shareholding entity, Gravir Holding AS, may not transfer or otherwise dispose of any shares in SATS Management Invest AS, without the prior consent of SATS Group AS, on the day falling two years after the first day of the IPO, the Management Investor shall be entitled to transfer or otherwise dispose of 50% of his shares in SATS Management Invest AS as of the date of the Listing. On the day falling three years after the first day of the IPO, the Management Investor shall be entitled to transfer or otherwise dispose of any of his remaining shares in SATS Management Invest AS as of the date of the Listing.