6,201,339 Class B Shares of Puig Brands, S.A. are subject to a Lock-Up Agreement Ending on 1-JUN-2024. These Class B Shares will be under lockup for 32 days starting from 30-APR-2024 to 1-JUN-2024.

Details:
The company selling shareholders, Directors and senior officers and employees of the company that hold Class B Shares have agreed not to transfer any Class A Shares or Class B Shares from the date of the Underwriting Agreement until 180 (in the case of the Selling Shareholder) and 365 (in the case of the company Directors, Senior Officers and employees subject to certain exceptions) days after Admission, without the prior consent of the Joint Global Coordinators, such lock-up is subject to certain exceptions. BDT, the Manzanita LPs and Arctic will also be subject to lock-up restrictions for a period of 180 days with respect to the New Minority Shareholders Shares that they will receive following the completion of the Minority Shareholders Share Capital Increases.

6,201,339 Class B Shares are subject to a lock-up restriction until June 1, 2024; 1,980,751 Class B Shares are subject to a lock-up restriction until June 1, 2025; 1,328,651 Class B Shares are subject to a lock-up restriction until June 1, 2026; and 1,498,216 Class B Shares are subject to a lock-up restriction until January 31, 2027.