Certain Ordinary Shares of China Resources Beverage (Holdings) Company Limited are subject to a Lock-Up Agreement Ending on 22-APR-2025. These Ordinary Shares will be under lockup for 183 days starting from 21-OCT-2024 to 22-APR-2025.

Details:
In accordance with Rule 10.07(1) of the Listing Rules and paragraph 7 of Chapter 4.13 of the Guide for New Listing Applicants, the Controlling Shareholders have undertaken to our Company and the Stock Exchange that, they shall not and shall procure the relevant registered holder(s) shall not, (i) in the period commencing on the date by reference to which disclosure of their shareholdings in our Company are made in this prospectus and ending on the date which is six (6) 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 Shares in respect of which they are shown by this prospectus to be the beneficial owner; (ii) in the period of 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 Shares which they are shown by this prospectus to be the beneficial owner if, immediately following such disposal or upon the exercise or enforcement of such options, rights, interests or encumbrances, they would cease to be a controlling shareholder of the Company. Nothing in the above shall prevent a controlling shareholder from pledging or charging any Shares as security for a bona fide commercial loan in accordance with Note (2) to Rule 10.07(2) or a share lending arrangement entered into by a controlling shareholder pursuant to Rule 10.07(3) of the Listing Rules.

Each Cornerstone Investor has agreed that without the prior written consent of our Company, the Joint Sponsors and the Overall Coordinators, it will not, whether directly or indirectly, at any time during the period of six months following the Listing Date (the ?Lock-up Period?), dispose of, in any way, any of the Offer Shares it has purchased, pursuant to the respective Cornerstone Investment Agreement, save for certain limited circumstances, such as transfers to any of its wholly-owned subsidiaries who will be bound by the same obligations of the Cornerstone Investor, including the Lock-up Period restriction.