Certain Ordinary Shares of PT Oscar Mitra Sukses Sejahtera Tbk are subject to a Lock-Up Agreement Ending on 18-JAN-2023. These Ordinary Shares will be under lockup for 246 days starting from 17-MAY-2022 to 18-JAN-2023.

Details:
Based on OJK Regulation No. 25/2017, any party that acquires the Company's shares at a price and/or conversion value and/or exercise price below the price of the Public Offering within 6 (six) months prior to the submission of the registration statement to the OJK, such party is prohibited from transferring part or all of the shares Companies that are owned up to 8 (eight) months after the registration statement in connection with the Public Offering becomes effective. OJK Regulation No. 25/2017 contains an exception that the prohibition does not apply to ownership of equity securities, either directly or indirectly by the central government, regional government, or institutions that based on the provisions of laws and regulations have the authority to conduct banking restructuring.

Hioe Mie Tjen and Hendro Jap, as shareholders of the Company take part in the Company's shares within 6 (six) months prior to the submission of registration to OJK and obtain the Company's shares at an exercise price below the Initial Public Offering price. Hioe Mie Tjen and Hendro Jap are prohibited from transferring their shares up to 8 (eight)months after the registration statement in connection with the Initial Public Offering becomes effective.