Certain Ordinary Shares of Euroasia Total Logistics Public Company Limited are subject to a Lock-Up Agreement Ending on 1-MAY-2024. These Ordinary Shares will be under lockup for 183 days starting from 31-OCT-2023 to 1-MAY-2024.

Details:
Under the regulations set by SET, the shares of the Company that are classified as Strategic shareholder collectively amounting to 55% of the paid-up capital after the IPO, cannot be sold for a period of 1 year from the date the Company's shares began trading on SET. However, the restricted shares may be sold after the expiration of a 6 month period from the date the Company's shares began trading on SET, up to a maximum of 25% of the restricted shares. The remaining 75% can be sold after the expiration of a 12 month period from the date the Company's shares began trading on SET.

Existing Shareholders entered into a lock-up agreement with the underwriters for a period of 1 year from the start of trading. After expiration of 6 months a maximum of 25% of the restricted shares will be allowed to be sold and all the remaining shares at the end of 1 year expiration from the date the Company's shares began trading on SET.