Certain Ordinary Shares of PT MPX Logistics International Tbk are subject to a Lock-Up Agreement Ending on 29-DEC-2023. These Ordinary Shares will be under lockup for 238 days starting from 5-MAY-2023 to 29-DEC-2023.

Details:
Based on POJK No. 25/2017, regarding Restrictions on Shares Issued Before Public Offering all parties who acquire Company shares at a price and/or conversion value and/or exercise price below the Public Offering price regarding Restrictions on Shares Issued Prior to Public Offering all parties obtaining shares Companies with a price and/or conversion value and/or exercise price below the Initial Public Offering Price within a period of 6 (six) months prior to submitting the registration statement to OJK, the said party is prohibited from transferring part or all of the Company's shares owned up to 8 (eight) ) months after the registration statement in connection with the Initial Public Offering becomes effective (lock up period).

PT Bolde Indonesia, PT Denka Lintas Indonesia, Ye Hun Ki, James Sigit Chandra, Wijaya Candera and Tjong Tjen Tjhing the company's shareholders have deposited the company's capital at a price below the Initial Public Offering Price within 6 (six) months prior to the registration statement submitted to the OJK for the first time, so that PT Bolde Indonesia, PT Denka Lintas Indonesia, Ye Hun Ki, James Sigit Chandra, Wijaya Candera and Tjong Tjen Tjhing will not transfer part or all of their share ownership in the company as stipulated in POJK No. 25/2017. The Shareholders as mentioned have understood and stated that within a period of 8 (eight) months after the Registration Statement becomes Effective, the Shareholders will not transfer part or all of their shares in the Company.