Certain Shares of Brain+ A/S are subject to a Lock-Up Agreement Ending on 22-APR-2024. These Shares will be under lockup for 333 days starting from 25-MAY-2023 to 22-APR-2024.

Details:
Members from the board and management who together own approximately 11 percent of the outstanding shares in the Company have entered into a lock-up agreement corresponding to 90 percent of the holding. The lock-up undertaking also covers any pre-emptive unit rights and warrants of series TO 2 and TO 3. The lock-up period last until completion of the exercise period for warrants of TO 3.