Certain Ordinary Shares of Asia-express Logistics Holdings Limited are subject to a Lock-Up Agreement Ending on 19-APR-2022. These Ordinary Shares will be under lockup for 732 days starting from 17-APR-2020 to 19-APR-2022. Details: The shares held by the Diligent City will be under lock up for a period of six month form the date of listing until October 19, 2020. The controlling shareholders, the Sole Sponsor, the Joint Bookrunners, the Joint Lead Managers, the Underwriters have agreed to lock-up restrictions for a period of twelve months from the listing date until April 19, 2021. The shares held by controlling shareholder will be subject to a lock-up of further twelve months from the expiry of first lock-up period such that on disposal of such shares they cease to be a controlling shareholder of the company until April 19, 2022.