Certain Domestic Shares of Wise Living Technology Co., Ltd are subject to a Lock-Up Agreement Ending on 8-JUL-2024. These Domestic Shares will be under lockup for 368 days starting from 6-JUL-2023 to 8-JUL-2024.

Details:
Pursuant to Rule 10.07 of the Listing Rules, each of our Controlling Shareholders has undertaken to us that except pursuant to the Global Offering and the Over-allotment Option, it/he shall not: (a) in the period commencing on the date by reference to which disclosure of its/his shareholding in our Company is made in this prospectus and ending on the date which is six months from the Listing Date (the ?First Six-month Period?), dispose of, nor enter into any agreement to dispose of or otherwise create any options, rights, interests or encumbrances in respect of, any of the securities of the Company that it/he is shown to, beneficially own in this prospectus (the ?Parent Shares?); or (b) in the period of a further six months commencing on the date on which the First Six-month Period expires (the ?Second Six-month Period?), dispose of, nor enter into any agreement to dispose of or otherwise create any options, rights, interests or encumbrances in respect of, any of the Parent Shares if, immediately following such disposal or upon the exercise or enforcement of such options, rights, interests or encumbrances, it/he will cease to be a controlling shareholder (as defined in the Listing Rules) of our Company or a member of a group of the Controlling Shareholders of our Company or would together with the other Controlling Shareholders cease to be ?Controlling Shareholders? (as defined in the Listing Rules) of our Company.