Certain A Shares of Shanghai Menon Animal Nutrition Technology Co., Ltd. are subject to a Lock-Up Agreement Ending on 17-JUN-2023. These A Shares will be under lockup for 372 days starting from 10-JUN-2022 to 17-JUN-2023.

Details:
The company's controlling shareholder Hong Wei and the actual controllers Hong Wei and Wang Jihong promised within 36 months since the date of listing of the present shares, there will not be no transfers nor entrustment of shares to any third party nor repurchase by the Company. If, within 6 months after the issuer's listing, the closing price of the shares is lower than issuance price for 20 consecutive trading days or if trading price is lower than issuance price after 6 month from listing, lock-up period will be automatically extended for another 6 months. If there is any case of dividends, bonus shares, capitalization of capital reserve and other similar cases, issue price will be adjusted according to ex-dividend and ex-interests. After the expiry of the lock-up period (including the extended lock-up period), during the time serves as the company director, supervisor and senior manager, the party promise that yearly transfer of shares made by him/her will not exceed 25% of the holding. The issuer's shareholder Shanghai Quanyu Investment Management Firm (Limited Partnership) and Hong Jun promised within 36 months since the date of listing of the present shares, there will not be no transfers nor entrustment of shares to any third party nor repurchase by the Company.

Shareholder Tang Ling; The issuer's other shareholders Wu Yi, Zhou Zhi, Tang Xu and Tang Wuneng promised within 12 months since the date of listing of the present shares, there will not be no transfers nor entrustment of shares to any third party nor repurchase by the Company. Director Li Da; Other directors and senior executives Zhou Xiaoqiu, Xiong Ying, Zhou Qian, and Zhang Weiwei who directly or indirectly hold shares of the issuer promised within 12 months since the date of listing of the present shares, there will not be no transfers nor entrustment of shares to any third party nor repurchase by the Company. If, within 6 months after the issuer's listing, the closing price of the shares is lower than issuance price for 20 consecutive trading days or if trading price is lower than issuance price after 6 month from listing, lock-up period will be automatically extended for another 6 months. If there is any case of dividends, bonus shares, capitalization of capital reserve and other similar cases, issue price will be adjusted according to ex-dividend and ex-interests. After the expiry of the lock-up period (including the extended lock-up period), during the time serves as the company director, supervisor and senior manager, the party promise that yearly transfer of shares made by him/her will not exceed 25% of the holding. Issuer Supervisors Lu Xuezong, Dong Ming and Sun Lei promised within 12 months since the date of listing of the present shares, there will not be no transfers nor entrustment of shares to any third party nor repurchase by the Company. After the expiry of the lock-up period (including the extended lock-up period), during the time serves as the company director, supervisor and senior manager, the party promise that yearly transfer of shares made by him/her will not exceed 25% of the holding.