Certain Ordinary Shares of Yoho Group Holdings Ltd. are subject to a Lock-Up Agreement Ending on 10-JUN-2023. These Ordinary Shares will be under lockup for 366 days starting from 9-JUN-2022 to 10-JUN-2023.

Details:
Each of the company’s Controlling Shareholders has jointly and severally undertaken to each of the Company, the Sole Sponsor, the Sole Global Coordinator and the Hong Kong Underwriters that, save as (i) pursuant to the Global Offering (including the Over-allotment Option) or the Stock Borrowing Agreement; (ii) pursuant to the exercise of any options granted or to be granted under the Share Option Scheme; or (iii) permitted under the Listing Rules, at any time during the First Six-month Period, he/she/it shall not (a) sell, offer to sell, contract or agree to sell, mortgage, charge, pledge, hypothecate, lend, grant or sell any option, warrant, contract or right to sell, or otherwise transfer or dispose of or create an encumbrance over, or agree to transfer or dispose of or create an encumbrance over (other than by way of a security for a bona fide commercial loan in favour of an authorised institution (as defined in the Banking Ordinance)), either directly or indirectly, conditionally or unconditionally, any Shares or other securities of the Company or any interest therein (including, without limitation, any securities convertible or exchangeable into or exercisable for, or that represent the right to receive, or any warrants or other rights to purchase, any such Shares or other securities of the Company or any interest therein) beneficially owned by him/her/it directly or indirectly through his/its controlled entities (the “Relevant Securities”), or deposit any Relevant Securities with a depositary in connection with the issue of depositary receipts; or (b) enter into any swap or other arrangement that transfers to another, in whole or in part, any of the economic consequences of ownership of the Relevant Securities; or (c) enter into or effect any transaction with the same economic effect.

At any time during the Second Six-month Period, he/she/it will not enter into any of the transactions or offer to or agree to or announce any intention to enter into or effect any such transaction, if, immediately following any such transaction or upon the exercise or enforcement of any such option ,warrant, contract, right or encumbrance, he/she/it would cease to be a controlling shareholder (as defined in the Listing Rules) of the Company or would, together with the other Controlling Shareholders, cease to be a group of controlling shareholders (as defined in the Listing Rules) of the Company.