Certain Ordinary Shares of XP Power Limited are subject to a Lock-Up Agreement Ending on 5-MAY-2024. These Ordinary Shares will be under lockup for 180 days starting from 7-NOV-2023 to 5-MAY-2024.

Details:
The Company has undertaken to Investec that, between the date of the Placing Agreement and the date which is 180 calendar days after the Closing Date, it will not, without the prior written consent of Investec, enter into certain transactions involving or relating to the Ordinary Shares, subject to certain customary carve-outs agreed between Investec and the Company.