NOTICE

Subject	Citystate Savings Bank, Inc.: Private Placement - Release of Shares under Lock-Up
Company Name	Citystate Savings Bank, Inc.

Security Details
Type of Security	Stock Symbol	Par Value
Common Shares	CSB	Php 10.00

Reference(s)	LN00173-2021 dated August 5, 2021
Type of Transaction(s)	Private Placement

Lock-up Details
Duration of Lock-up	180 days
Applicable Lock-up Rule	Article V, Part A, Section 7 of the Consolidated Listing and Disclosure Rules, as amended
Escrow Agent	Bank of Commerce, acting through its Trust Services Group
Date of Execution of Escrow Agreement	Jul 21, 2021

Details of the Mandatory Lock-up
Name of Shareholder	No. of Shares	Stock Symbol	Percentage
Amb. ALC Holdings and Management Corp.	18,000,000	CSB	11.95
Top Ventures Investments and Management Corp.	7,800,000	CSB	5.18

Details of the Voluntary Lock-up (if applicable)
Name of Shareholder	No. of Shares	Stock Symbol	Percentage
-	-	-	-

Total Shares to be Released from Lock-up
Stock Symbol	No. of Shares
CSB	25,800,000

Expiry of Lock-up	Feb 2, 2022
Effective Date of Tradability of the Shares	Feb 3, 2022

Other Relevant Information
As previously announced in LN00173-2021 dated August 5, 2021, in view of Citystate Savings Bank, Inc.’s (“CSB” or the “Bank”) compliance with the lock-up requirement of the Exchange, 25,800,000 common shares were subject to a lock-up period of 180 days from listing date. Further to the escrow agent’s confirmation that the lock-up period has already expired, please note that, subject to compliance with the Exchange’s rule on lodgment of securities, the 25,800,000 CSB common shares are eligible for trading. For your information and guidance.

Other Relevant Information

As previously announced in LN00173-2021 dated August 5, 2021, in view of Citystate Savings Bank, Inc.’s (“CSB” or the “Bank”) compliance with the lock-up requirement of the Exchange, 25,800,000 common shares were subject to a lock-up period of 180 days from listing date.

Further to the escrow agent’s confirmation that the lock-up period has already expired, please note that, subject to compliance with the Exchange’s rule on lodgment of securities, the 25,800,000 CSB common shares are eligible for trading.

For your information and guidance.

Filed on behalf by:

Name	Norberto Moreno Jr.
Designation	Listings Department