Certain Ordinary Shares of Taleem Holdings PJSC are subject to a Lock-Up Agreement Ending on 17-MAY-2023. These Ordinary Shares will be under lockup for 180 days starting from 18-NOV-2022 to 17-MAY-2023.

Details:
Pursuant to the terms of an underwriting agreement entered into on or around the date of the publication of the Prospectus and amongst the Company and the joint bookrunners (the “Underwriting Agreement”), the Company has contractually agreed to certain lock-up restrictions for a period of 180 days after listing, subject to certain exceptions. Pursuant to the founders' lock-up arrangements, the founders representing a minimum of 93.49% of the shares of the Company (which includes, among others, all founders with individual shareholdings of no less than 1.5% of the total issued share capital of the Company), have contractually agreed to certain lock-up restrictions, subject to certain exceptions.