Certain A Shares of Suzhou Novosense Microelectronics Co., Ltd. are subject to a Lock-Up Agreement Ending on 22-APR-2023. These A Shares will be under lockup for 373 days starting from 14-APR-2022 to 22-APR-2023.

Details:
The company's controlling shareholder and actual controller and Suzhou Ruixi Information Consulting Partnership (Limited Partnership), Suzhou Naxin No. 1 Information Consulting Partnership (Limited Partnership), Suzhou Naxin No. 2 Information Consulting Partnership (Limited Partnership), Suzhou Naxin No. 3 Information Consulting Partnership ( Limited Partnership)'s promises that 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 months from listing, lock-up period will be automatically extended for another 6 months. After the expiry of the lock-up period (including the extended lock-up period), during the time serves as the company director, supervisor and senior manager, the party promise that yearly transfer of shares made by him/her will not exceed 25% of the holding.

The company's natural person shareholder Cheng Gong; Institutional shareholder Suzhou Guorun Ruiqi Venture Capital Enterprise (Limited Partnership), Shanghai Internet of Things Phase II Venture Capital Fund Partnership (Limited Partnership), Shenzhen Huiyue Growth Investment Fund Enterprise (Limited Partnership), Shenzhen Shangyun Sensing Investment Partnership (Limited Partnership), Pingtan Huaye Growth Investment Partnership (Limited Partnership), Changsha Huaye High-tech Private Equity Fund Partnership (Limited Partnership), Qufu Tianbo International Trade Co., Ltd., Shanghai Juyuan Juxin Integrated Circuit Industrial Equity Investment Fund Center (Limited Partnership), Suzhou Jiequan Zhixin Equity Investment Partnership (Limited Partnership), Shenzhen Pinglei Capital Management Co., Ltd., Jiaxing Waniu Zhixin Equity Investment Partnership (Limited Partnership), Shenzhen Debi No.1 Industrial Investment Partnership (Limited Partnership) and The new natural person shareholders Chen Yan, Jin Youhua, Zhao Ming, Qiu Ping, Zhang Wenliang, Nian Yongquan, Yu Qingjuan, Chen Jinyu, and Li Jing promised within 12 months before the application for the secondary issuance committed that within 12 months from the date when the issuer's shares are listed on the Science and Technology Innovation Board of the Shanghai Stock Exchange, they will not transfer or entrust others to manage the shares that I directly or indirectly hold before the issuer's IPO, nor shall the company repurchase those shares.