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Extraordinary information regarding lock-up agreement

2021.10.13.

In line with the disclosure requirement set out in Sections 55 and 56 of Act CXX of 2001 on the Capital Market and in PM Decree No. 24/2008. (VIII.15.), AutoWallis Nyrt. (registered office: 1055 Budapest, Honvéd utca 20.; hereinafter: Company) hereby informs market participants about the matters below.

On 7 October 2021, the Company entered into a lock-up agreement on the restriction of selling and lending shares with WALLIS ASSET MANAGEMENT Zártkörűen Működő Részvénytársaság (registered office: 1055 Budapest, Honvéd utca 20.; company registration number: 01-10-046529; hereinafter: WAM), the Company’s majority shareholder.

The restriction under the agreement applies to the following shares of WAM:

• ordinary shares issued by the Issuer owned by WAM as at the first day (hereinafter: Value Date) of retail subscription in the course of the Issuer’s public offering of shares to be completed in the second half of 2021 involving the issue of a prospectus under the Capital Market Act; and

• additional ordinary shares to be potentially acquired by WAM in the course of the Issuer’s public offering of shares to be completed in the second half of 2021 involving the issue of a prospectus under the Capital Market Act.

WAM agreed not to sell or lend any of the above shares in the 12-month period following the Value Date in such a way that would cause the number of shares it owns to drop below the amount specified above. Value Date means the first calendar day of the period starting on the calendar day following the date of conclusion of the agreement and ending on 31 December 2021 on which shares actually become available for retail subscription in the course of the Issuer’s public offering of shares involving the issue of a prospectus under the Capital Market Act.

Furthermore, WAM informed the Company that it plans to subscribe for shares directly or indirectly (via a subsidiary) in the course of the public offering of shares planned by the Company for the second half of 2021.