Certain Ordinary Shares of PT Arsy Buana Travelindo Tbk are subject to a Lock-Up Agreement Ending on 25-NOV-2023. These Ordinary Shares will be under lockup for 236 days starting from 3-APR-2023 to 25-NOV-2023.

Details:
PT Madinah Iman Wisata as the shareholder of the Company stated voluntarily not to sell or transfer part or all of its shares in the Company within a period of 8 (eight) months from the Effectiveness of the Registration Statement in the framework of the Initial Public Offering Company.

There are no parties included in the criteria for limiting shares as referred to in OJK Regulation No. 25/2017, for each acquisition of shares made at a lower price than the Offering Price and occurs within a period of 6 (six) months prior to submission of the Registration Statement in the context of a Public Offering it is prohibited to transfer part or all of its ownership up to 8 (eight) months after the Registration Statement becomes Effective.