Certain Ordinary Shares of PT Cilacap Samudera Fishing Industry Tbk are subject to a Lock-Up Agreement Ending on 24-JAN-2023. These Ordinary Shares will be under lockup for 245 days starting from 24-MAY-2022 to 24-JAN-2023.

Details:
PT Asha Fortuna Corpora, PT Inti Sukses International, PT Mestika Arta Dirga, Erlin Sutioso and Ervin Sutioso acquired the Company's shares at par value per share, which is lower than the Offer Price of Rp 100 per share, where PT Asha Fortuna Corpora, PT Inti Success International, PT Mestika Arta Dirga, Erlin Sutioso and Ervin Sutioso obtained it in less than 6 months prior to submitting the registration statement to OJK, then PT Asha Fortuna Corpora, PT Inti Sukses International, PT Mestika Arta Dirga, Erlin Sutioso and Ervin Sutioso were prohibited transfer part or all of the ownership of the Company's shares up to 8 months after the registration statement becomes effective in accordance with the provisions of Article 2 Paragraph (1) OJK Regulation Number 25/POJK.04/2017 concerning Restrictions on Shares Issued Prior to the Public Offering.