Certain Ordinary Shares of Onward Medical N.V. are subject to a Lock-Up Agreement Ending on 21-OCT-2022. These Ordinary Shares will be under lockup for 366 days starting from 20-OCT-2021 to 21-OCT-2022.

Details:
Pursuant to the lock-up arrangement, the current holders of Locked Securities and lenders under the Convertible Loan Agreement will not voluntarily do any of the following for a period of 180 days after the Closing Date for the Current Shareholders and for a period of 365 days after the Closing Date for the Directors and Managers without the prior written consent of the Underwriters.