Certain A Shares of Shanghai Model Organisms Center, Inc. are subject to a Lock-Up Agreement Ending on 28-DEC-2023. These A Shares will be under lockup for 737 days starting from 21-DEC-2021 to 28-DEC-2023.

Details:
Fei Jian, the company's actual controller, Chairman and core technical staff; Wang Mingjun, the company's actual controller, director and general manager committed within 36 months since the date of listing of the present shares, there will not be no transfers nor entrustment of shares to any third party nor repurchase by the Company. If, within 6 months after the issuer's listing, the closing price of the shares is lower than issuance price for 20 consecutive trading days or if trading price is lower than issuance price after 6 month from listing, lock-up period will be automatically extended for another 6 months. If there is any case of dividends, bonus shares, capitalization of capital reserve and other similar cases, issue price will be adjusted according to ex-dividend and ex-interests. After the expiry of the lock-up period (including the extended lock-up period), the party promise that yearly transfer of shares made by him/her will not exceed 25% of the holding.

Shanghai Dishi Enterprise Management Consulting Co., Ltd., the company controlling shareholder and the company?s shareholders Shanghai Puyu Enterprise Management Consulting Partnership (Limited Partnership) and Shanghai Dijun Enterprise Management Consulting Partnership (Limited Partnership) promised within 36 months since the date of listing of the present shares, there will not be no transfers nor entrustment of shares to any third party nor repurchase by the Company. If, within 6 months after the issuer's listing, the closing price of the shares is lower than issuance price for 20 consecutive trading days or if trading price is lower than issuance price after 6 month from listing, lock-up period will be automatically extended for another 6 months. If there is any case of dividends, bonus shares, capitalization of capital reserve and other similar cases, issue price will be adjusted according to ex-dividend and ex-interests.

Director Su Yuexing, Supervisors Wang Yicheng, Yan Huimin, Dong Yali, and Deputy General Manager Sun Ruilin promised within 12 months since the date of listing of the present shares, there will not be no transfers nor entrustment of shares to any third party nor repurchase by the Company. If, within 6 months after the issuer's listing, the closing price of the shares is lower than issuance price for 20 consecutive trading days or if trading price is lower than issuance price after 6 month from listing, lock-up period will be automatically extended for another 6 months. If there is any case of dividends, bonus shares, capitalization of capital reserve and other similar cases, issue price will be adjusted according to ex-dividend and ex-interests. After the expiry of the lock-up period (including the extended lock-up period), the party promise that yearly transfer of shares made by him/her will not exceed 25% of the holding. Within 4 years from the date of expiration of the issuer?s pre-IPO share sales restriction period, the annual transfer of the issuer?s shares directly or indirectly held before IPO shall not exceed 25% of the total number of shares by the time of IPO.

The core technicians Wang Jinjin, Gu Shuping and Zhu Haiyan promised within 12 months from the date of listing of the issuer and within 6 months after resignation, there will not be transfers nor entrustment of shares to any third party nor repurchase the shares issued he/she held before the issuer?s IPO directly or indirectly. Within 4 years from the date of expiration of the issuer?s pre-IPO share sales restriction period, the annual transfer of the issuer?s shares directly or indirectly held before IPO shall not exceed 25% of the total number of shares by the time of IPO.

The Promised within 36 months since the date of listing of the present shares, there will not be no transfers nor entrustment of shares to any third party nor repurchase by the Company. If, within 6 months after the issuer's listing, the closing price of the shares is lower than issuance price for 20 consecutive trading days or if trading price is lower than issuance price after 6 month from listing, lock-up period will be automatically extended for another 6 months. If there is any case of dividends, bonus shares, capitalization of capital reserve and other similar cases, issue price will be adjusted according to ex-dividend and ex-interests.

The company?s shareholders Shanghai Technology Venture Capital Investment Co., Ltd., Shenzhen Qianhai Hairun Rongfeng Investment Partnership (Limited Partnership), Beijing Kangjun Ningyuan Equity Investment Partnership (Limited Partnership), Shanghai Zhangjiang Collective Assets Investment Management Co., Ltd., Shanghai Hengsai Qingxi Venture Capital Center (Limited Partnership) and Shanghai Pudong Emerging Industry Investment Co., Ltd. within 12 months since the date of listing of the present shares, there will not be no transfers nor entrustment of shares to any third party nor repurchase by the Company.