Certain Ordinary Shares of PT Charlie Hospital Semarang Tbk are subject to a Lock-Up Agreement Ending on 24-APR-2024. These Ordinary Shares will be under lockup for 244 days starting from 24-AUG-2023 to 24-APR-2024.

Details:
Based on Article 2 paragraph 1 POJK No. 25/2017, any party who obtains equity securities from the company at a price and/or conversion value and/or exercise price below the Initial Public Offering price within 6 (six) months prior to submission of the Registration Statement to OJK, is prohibited from transferring part of or all ownership of the company's equity securities up to 8 (eight) months after the Registration Statement becomes effective.

PT Wahyu Agung as the shareholder of the company based on a statement dated April 11, 2023, has understood and stated that it will not sell or transfer part or all of its shares in the company within a period of 8 (eight) months from the Effectiveness of the Registration Statement in the framework of the Initial Public Offering company Shares.

Furthermore, the controller of the company, namely Junianto is willing not to transfer his control over the company within a period of at least 12 (twelve) months after the Registration Statement becomes effective as stated in the Statement Letter dated April 11, 2023.