Certain Ordinary Shares of PT Sarana Mitra Luas Tbk are subject to a Lock-Up Agreement Ending on 5-JAN-2024. These Ordinary Shares will be under lockup for 240 days starting from 10-MAY-2023 to 5-JAN-2024.

Details:
Restrictions on share issued before the public offering Pursuant to POJK No. 25/2017, any party who obtains Company shares 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 registration to OJK, that party is prohibited from transferring part or all of the shares Company owned until 8 (eight) months after the registration statement in connection with the Initial Public Offering becomes effective.