Certain Ordinary Shares of ID-ENTITY SA are subject to a Lock-Up Agreement Ending on 3-JAN-2024. These Ordinary Shares will be under lockup for 912 days starting from 5-JUL-2021 to 3-JAN-2024.

Details:
Christian Traviglia, Umaware Srl, Andrea Besana, Alberto Costa, Aerre People Srl have signed a lock-up agreement with the Company and with Integrae SIM S.p.A. as Nomad and Global Coordinator. Under the lock-up agreement, Christian Traviglia, Umanware Srl Andrea Besana, Alberto Costa, Aerre People Srl and the Issuer undertake irrevocably, starting from the subscription date of the agreement and until December 31, 2023, not to carry out, directly or indirectly, sales, transfer, deeds disposition or in any case operations that have as their object or effect, directly or indirectly, the attribution or transfer to third parties, for any reason and in any form of the Shares of the Company (or other financial instruments, including equity investments, which grant the right to purchase, subscribe, convert into, or exchange with, Shares of the Company other financial instruments, including equity instruments, which attribute inherent or similar rights to such shares or financial instruments) and not to approve and / or carry out, directly or indirectly, transactions on derivative instruments, which they have the same effects, even if only economic, of the aforementioned transactions; iii. not to promote and / or approve capital increase or loan issuance operations bonds convertible into (or exchangeable for) shares or to purchase / subscription bonds in shares of the Company or other financial instruments, including equity instruments, which attribute inherent rights or similar to such Shares or financial instruments, except for capital increases made pursuant to of articles 2446 and 2447 cod. civ. (or equivalent provisions of Swiss law), up to the threshold necessary for compliance with the legal limit, including through contributions in kind. These commitments may be waived only with the prior written consent of the Nomad, consent which cannot be unreasonably denied.