Certain A Shares of Sharetronic Data Technology Co., Ltd. are subject to a Lock-Up Agreement Ending on 27-JUL-2023. These A Shares will be under lockup for 1106 days starting from 16-JUL-2020 to 27-JUL-2023.

Details:
The company?s controlling shareholder, Sharetronic Smart Technology Co., Ltd. and Geng Sihua, actual controller committed not to transfer or entrust to a third party the company?s shares it holds directly or indirectly before the public offering, or allow the company to repurchase these shares within 36 months from the company?s share listing date. If, within 6 months after the listing, the closing price of the shares is lower than issuance price for 20 consecutive trading days or if trading price is lower than issuance price after 6 month from listing, lock-up period will be automatically extended for another 6 months. After the expiry of the lock-up period (including the extended lock-up period), the parties promise that yearly transfer of shares made by them will not exceed 25% of the holding, both direct and indirect, held by the present parties.

The other shareholders of the company committed not to transfer or entrust to a third party the company?s shares it holds directly or indirectly before the public offering, or allow the company to repurchase these shares within 12 months from the company?s share listing date. If, within 6 months after the listing, the closing price of the shares is lower than issuance price for 20 consecutive trading days or if trading price is lower than issuance price after 6 month from listing, lock-up period will be automatically extended for another 6 months.