Certain A Shares of UCloud Technology Co., Ltd. are subject to a Lock-Up Agreement Ending on 20-JAN-2023. These A Shares will be under lockup for 1103 days starting from 13-JAN-2020 to 20-JAN-2023.

Details:
The company's controlling shareholders and actual controllers, Ji Xinhua, Mo Shifeng and Hua Kun, Xin Gongji and China Mobile Venture Capital Investments and Yang Lei, a director and core technical staff member who indirectly holds the issuer's shares committed not to transfer or entrust to a third party the company's shares it holds directly or indirectly before the public offering, or allow the company to repurchase these shares within 36 months from the company's share listing date. If, within 6 months after the 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. After the expiry of the lock-up period (including the extended lock-up period), the parties promise that yearly transfer of shares made by them will not exceed 25% of the holding, both direct and indirect, held by the present parties.

Tianjin Junlian Bohang Investment Partnership (Limited Partnership), Suzhou Industrial Park Yuanhe Zhongyuan Youyun Venture Capital Enterprise (Limited Partnership), Beijing Zhongjin Jiazi N~10 Equity Investment Partnership (Limited Partnership), Shanghai Guanglei Investment Center (Limited Partnership), Jiaxing Tongmei Investment Partnership (Limited Partnership) and Beijing Guangxin Equity Investment Fund Partnership, other shareholders holding the issuer's shares, China Mobile Capital, Shenzhen Huatai Ruilin Equity Investment Fund Partnership (Limited Partnership), Shanghai Huasheng Lingfei Equity Investment Partnership), Shanghai Hongliu Investment Center (Limited Partnership), Jiaxing Youxin Investments Co., ltd, Jiaxing Quanmei Co., Ltd, Tibet Yunxian Equity Investment Partnership (Limited Partnership), Tibet Yunhua Equity Investment Partnership (Limited Partnership), Tibet Yunneng Equity Investment Partnership (Limited Partnership)., Duilong Yunju Equity Investment Partnership (Limited Partnership), Duilong Yunyou Equity Investment Partnership (Limited Partnership), Lu Yizhou, Meng Weihua, Jiaxing Youliang Investment Partnership (Limited Partnership)., Jiaxing Hualiang Investment Partnership (Limited Partnership), Jiaxing Jipu Investment Partnership (Limited Partnership), Jiaxing Jishi Investment Partnership (Limited Partnership), Jiaxing Jiapu Investment Partnership (Limited Partnership), Directors and senior executives who indirectly hold the issuer's shares, Gui Shuifa, and senior executives who indirectly hold the issuer's shares, Zhang Juyan and He Xianglong and Supervisors Meng Aimin, Zhou Keze, Wen Tianle and Ye Yuming, who indirectly hold the issuer's shares committed not to transfer or entrust to a third party the company's shares it holds directly or indirectly before the public offering, or allow the company to repurchase these shares within 36 months from the company's share listing date. If, within 6 months after the 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. After the expiry of the lock-up period (including the extended lock-up period), the parties promise that yearly transfer of shares made by them will not exceed 25% of the holding, both direct and indirect, held by the present parties.