Certain Ordinary Shares of PT Pulau Subur Tbk are subject to a Lock-Up Agreement Ending on 30-MAY-2024. These Ordinary Shares will be under lockup for 238 days starting from 5-OCT-2023 to 30-MAY-2024.

Details:
In accordance with OJK Regulation no. 25/2017, for any acquisition of shares made at a price lower than the Offer Price and occurring within a period of 6 (six) months before the submission of the Registration Statement in the context of a Public Offering, it is prohibited to transfer part or all of the ownership for up to 8 (eight) months after the Registration Statement becomes effective.

In order to provide protection to public shareholders, based on the Controller's Statement dated May 25 2023, it states that the Controller, namely Abunawar, will not transfer control within a period of 12 (twelve) months after the Registration Statement becomes effective.