Certain Ordinary Shares of Sanergy Group Limited are subject to a Lock-Up Agreement Ending on 17-JAN-2024. These Ordinary Shares will be under lockup for 366 days starting from 16-JAN-2023 to 17-JAN-2024.

Details:
Pursuant to Rule 10.07(1) of the Listing Rules, our Controlling Shareholders have undertaken to the Stock Exchange that each of them shall not: (i) during the period commencing on the date by reference to which disclosure of his/its shareholding in our Company is made in this prospectus and ending on the date which is six months from the Listing Date (the ??First Six-Month Period??), dispose of, nor enter into any agreement to dispose of or otherwise create any options, rights, interests or encumbrances in respect of, any of those Shares in respect of which he/it is shown by this prospectus to be the beneficial owners; and (ii) in the period of six months commencing on the date on which the First Six-Month Period expires (the ??Second Six-Month Period??), dispose of, nor enter into any agreement to dispose of or otherwise create any options, rights, interests or encumbrances in respect of, any of those Shares referred to in paragraph (i) above if, immediately following such disposal or upon the exercise or enforcement of such options, rights, interests or encumbrances, the Controlling Shareholders would cease to be the controlling shareholders of our Company.