Certain A Shares of Shenzhen King Brother Electronics Technology Co.,Ltd. are subject to a Lock-Up Agreement Ending on 12-AUG-2023. These A Shares will be under lockup for 740 days starting from 2-AUG-2021 to 12-AUG-2023.

Details:
The company?s holding shareholder, actual controller, chairman, general manager, core technical personnel Wu Shoukun promised within 36 months after the listing date, will not transfer nor entrust to others for management direct or indirect shares in the company held prior to this issuance, nor allow the company to repurchase the said shares. If the closing price of the company?s share is lower than the issue price for 20 consecutive trading days within 6 months after listing, or if the closing price of the company?s share is lower than the issue price for the period ending six months after listing, then the lockup period will automatically be extended for 6 months. During the term of office as the company?s director, management personnel, the number of shares in the company transferred each year will not exceed 25% of the total shares held in the company.

The company?s individual shareholder Wu Shouyong promised within 36 months after the listing date, will not transfer nor entrust to others for management direct or indirect shares in the company held prior to this issuance, nor allow the company to repurchase the said shares.

Director Zhang Wei and management personnel Chen Chun, Pan Quan, Wu Shumei promised within 12 months after the listing date, will not transfer nor entrust to others for management direct or indirect shares in the company held prior to this issuance, nor allow the company to repurchase the said shares. If the closing price of the company?s share is lower than the issue price for 20 consecutive trading days within 6 months after listing, or if the closing price of the company?s share is lower than the issue price for the period ending six months after listing, then the lockup period will automatically be extended for 6 months. During the term of office as the company?s director, the number of shares in the company transferred each year will not exceed 25% of the total shares held in the company.

The company?s shareholder Zhang Shanshan, the company?s shareholders Shenzhen Dachen Caixin Venture Capital Management Co., Ltd., Shenzhen Huiyin Fucheng No. 9 Investment Partnership Enterprise (Limited Partnership), Shareholders BOC International Investment Co., Ltd., Shenzhen Kaishuo Investment Co., Ltd., Shenzhen Tongsheng Jinquan Investment Partnership Enterprise (Limited Partnership) and other individual shareholders promised within 12 months after the listing date, will not transfer nor entrust to others for management direct or indirect shares in the company held prior to this issuance, nor allow the company to repurchase the said shares.