Certain A Shares of Smartsens Technology (Shanghai) Co., Ltd. are subject to a Lock-Up Agreement Ending on 21-MAY-2024. These A Shares will be under lockup for 739 days starting from 13-MAY-2022 to 21-MAY-2024.

Details:
The company?s holding shareholder, actual controller, chairman, general manager, core technical personnel Xu Chen and Xu Chen?s party acting in concert, deputy general manager, core technical personnel Mo Yaowu, promised that within 36 months after the listing date, they will not transfer nor entrust to others for management direct or indirect shares in the company held prior to this issuance, nor allow the company to repurchase the said shares. If the closing price of the company?s share is lower than the issue price for 20 consecutive trading days within 6 months after listing, or if the closing price of the company?s share is lower than the issue price for the period ending six months after listing, then the lockup period will automatically be extended for at least 6 months. During the term of office in the company as director, management personnel, the number of shares in the company transferred each year shall not exceed 25% of the total shares held in the company.

Director, deputy general manager, core technical personnel Ma Weijian promised that within 12 months after the listing date and within 36 months after obtaining shares in the company, he will not transfer nor entrust to others for management shares in the company held prior to this issuance, nor allow the company to repurchase the said shares. If the closing price of the company?s share is lower than the issue price for 20 consecutive trading days within 6 months after listing, or if the closing price of the company?s share is lower than the issue price for the period ending six months after listing, then the lockup period will automatically be extended for at least 6 months. During the term of office in the company as management personnel, the number of shares in the company transferred each year shall not exceed 25% of the total shares held in the company. As the company?s core technical personnel, within 4 years after the expiration of the lockup period, the number of shares transferred each year must not exceed 25% of the total shares held in the company prior issuance during listing.

Supervisor Chen Bi promised that within 12 months after the listing date and within 36 months after obtaining shares in the company, he will not transfer nor entrust to others for management shares in the company held prior to this issuance, nor allow the company to repurchase the said shares. During the term of office in the company as supervisor, the number of shares in the company transferred each year shall not exceed 25% of the total shares held in the company.

National Integrated Circuit Industry Investment Fund Phase II Co., Ltd., Forebright Smart Eyes Technology Limited Brizan China Holdings Limited Gongqingcheng Sizhiwei Technology Industrial Investment Partnership Enterprise (Limited Partnership) promised that w ithin 12 months after the listing date and within 36 months after obtaining shares in the company, they will not transfer nor entrust to others for management shares in the company held prior to this issuance, nor allow the company to repurchase the said shares.

The other shareholders promised that within 12 months after the listing date and within 36 months after obtaining shares in the company, they will not transfer nor entrust to others for management direct shares in the company held prior to this issuance, nor allow the company to repurchase the said shares.