Certain Ordinary Shares of PT Trimegah Bangun Persada Tbk are subject to a Lock-Up Agreement Ending on 4-DEC-2023. These Ordinary Shares will be under lockup for 238 days starting from 10-APR-2023 to 4-DEC-2023.

Details:
Based on POJK No. 25 /2017, all parties who acquire Company shares at an exercise price below the Initial Public Offering price within 6 (six) months prior to submitting registration to the OJK are prohibited from transferring part or all the Company's shares owned up to 8 (eight) months after the registration statement in connection with the Initial Public Offering becomes effective. POJK No. 25/2017 contains an exception where the prohibition does not apply to the ownership of equity securities, either directly or indirectly by the central government, regional government, or institutions which, based on the provisions of laws and regulations, have the authority to conduct banking restructuring.