Certain Ordinary Shares of PT. Anugerah Spareparts Sejahtera Tbk are subject to a Lock-Up Agreement Ending on 1-MAY-2024. These Ordinary Shares will be under lockup for 237 days starting from 7-SEP-2023 to 1-MAY-2024.

Details:
Based on 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.

Meanwhile Josephat Suwanta Sinarya as the beneficial owner will not transfer the Company's shares which he owns legally voluntarily within a period of 12 (twelve) months after the Registration Statement Becomes Effective.