Certain Ordinary Shares of Garden Stage Limited are subject to a Lock-Up Agreement Ending on 30-MAY-2024. These Ordinary Shares will be under lockup for 182 days starting from 30-NOV-2023 to 30-MAY-2024.

Details:
Each of company's directors and officers named in the section ?Management?, and all of existing shareholders that own 5% or more of total outstanding shares, except for the Selling Shareholders with respect to their Ordinary Shares sold in this Offering only, have agreed that, subject to certain exceptions, such director, executive officer or shareholder will not, without the prior written consent of the underwriters, for a period of six (6) months from the effective date of the registration statement.