Certain Ordinary Shares of R&Q Insurance Holdings Ltd. are subject to a Lock-Up Agreement Ending on 8-JAN-2023. These Ordinary Shares will be under lockup for 181 days starting from 11-JUL-2022 to 8-JAN-2023.

Details:
The Company has undertaken to the Joint Bookrunners that, between the date of the Placing Agreement and the date which is 180 calendar days after the Conditional Issuance Date, it will not, without the prior written consent of the Joint Bookrunners, enter into certain transactions involving or relating to the Ordinary Shares, subject to certain customary carveouts agreed between the Joint Bookrunners and the Company.