Certain Shares of Easy Smart Group Holdings Limited are subject to a Lock-Up Agreement Ending on 8-MAY-2024. These Shares will be under lockup for 366 days starting from 8-MAY-2023 to 8-MAY-2024.

Details:
Pursuant to Rule 10.07 of the Listing Rules, our Controlling Shareholders has undertaken to us and the Stock Exchange that, except pursuant to the Share Offer (including pursuant to the Over-Allotment Option) or the Stock Borrowing Agreement, he/it will not, and shall procure that the relevant registered holder(s) of the Shares will not (a) in the period commencing on the date by reference to which disclosure of his/its shareholding is made in this prospectus and ending on the date which is six months from the Listing Date (the ?First Six-month Period?), dispose of, or enter into any agreement to dispose of or otherwise create any options, rights, interests or encumbrances (but save pursuant to a pledge or charge as security in favour of an authorised institution (as defined in the Banking Ordinance, Chapter 155 of the Laws of Hong Kong) for a bona fide commercial loan) in respect of any of our Shares in respect of which they are shown by this prospectus to be the beneficial owners (the ?Relevant Securities?); or (b) in the period of the six months commencing on the date on which the First Six-month Period expires (the ?Second Six-month Period?), dispose of, or enter into any agreement to dispose of or otherwise create any options, rights, interests or encumbrances in respect of (but save pursuant to a pledge or charge as security in favour of an authorised institution (as defined in the Banking Ordinance, Chapter 155 of the Laws of Hong Kong) for a bona fide commercial loan), any of the Relevant Securities if, immediately following such disposal, or upon the exercise or enforcement of such options, rights, interests or encumbrances, he/it would cease to be our controlling shareholder (as defined in the Listing Rules) of our Company.