Certain Shares of PT. Penta Valent Tbk are subject to a Lock-Up Agreement Ending on 20-SEP-2023. These Shares will be under lockup for 244 days starting from 19-JAN-2023 to 20-SEP-2023.

Details:
Any party who obtains Company shares at an exercise price below the Initial Public Offering price within 6 (six) months prior to submitting registration to the OJK, that party is prohibited from transferring part or all of the Company's shares owned up to 8 (eight)) months after the registration statement in connection with the Initial Public Offering becomes effective.

PT Tancorp Mega Buana as the party that acquires the Company's shares within a period of 6 (six) months before the registration statement in connection with the Initial Public Offering becomes effective. Based on his statement letter dated September 16, 2022 stated and guaranteed that within a period of 8 (eight) months after the Registration Statement becomes Effective.