When INIO insiders can sell

Substantially all of our existing shareholders, including the selling shareholder, are subject to lock-up agreements with the underwriters of this offering that restrict the shareholders ability to transfer common shares for 180 days from the date of this prospectus, subject to certain exceptions. The lock-up agreements limit the number of common shares that may be sold immediately following the public offering. After this offering, we will have 750,000,000 common shares outstanding. Subject to limitations, 660,000,000 shares (assuming no exercise of the underwriters' option to purchase additional common shares from our Principal Shareholder) will become eligible for sale upon expiration of the lock-up period, as calculated and subject to the other limitations described in more detail in the sections entitled Common Shares Eligible for Future Sale and Underwriting .

…y in connection with the Reorganization described in this prospectus, provided that any lock-up securities received pursuant to this clause (d) remain subject to the terms of the lock-up agreement; (e) to establish Rule 10b5-1 trading plans, provided that those plans do not permit transfers during the restricted period and any required or voluntary public announcement, report or filing states that no transfer may be made under the plan during the restricted period; and (f) pursuant to the sale of lock-up securities to be sold by the lock-up party under the underwriting agreement. In order to facilitate the offering of the common shares, the underwriters may engage in transactions that stabilize, maintain or otherwise affect the price of the common shares.

…ned in the lock-up agreements between the underwriters and the lock-up parties do not apply, subject in certain cases to various conditions, to certain transactions, including (a) transfers of lock-up securities: (i) as bona fide gifts, charitable contributions or for bona fide estate planning purposes; (ii) by will, other testamentary document or intestacy; (iii) (A) to any trust for the direct or indirect benefit of the lock-up party or the immediate family of such lock-up party, or if the lock-up party is a trust, to a trustor or beneficiary of the trust or to the estate of a beneficiary of such trust or (B) to any immediate fami…

With limited exceptions for estate planning, domestic relations orders, certain beneficiary designations and the laws of descent and distribution, awards under the 2026 Plan are generally non-transferable, and are exercisable only by the participant. With regard to tax withholding, exercise price and purchase price obligations arising in connection with awards under the 2026 Plan, the plan administrator may, in its discretion, accept cash or check, provide for net withholding of shares, allow our common shares that meet specified conditions to be repurchased, allow a market sell order or such other consideration as it deems suitable.

The total assets pledged as collateral in connection with the Company s borrowing arrangements were: (in millions of $) Dec. 31, 2025 Dec. 31, 2024 Cash and cash equivalents 430.4 31.4 Accounts receivable - net 78.4 99.6 Inventories 221.4 148.8 Other current assets 8.4 3.7 Property, plant, and equipment - net 106.3 97.3 Intangible assets - net 27.8 29.9 Other non-current assets 10.0 5.9 Total 882.7 416.6 The credit agreements include…

In addition, none of the shares issued or issuable upon exercise of options vested as of the expiration of the lock-up period will be eligible for sale at that time. Further, Goldman Sachs & Co. LLC, J.P. Morgan Securities LLC and Morgan Stanley & Co. LLC may, in their sole discretion, release all or some portion of the shares subject to the lock-up agreements at any time and for any reason. See Common Shares Eligible for Future Sale and Underwriting for more information.

LLC may, in their sole discretion, release all or some portion of the shares subject to the lock-up agreements at any time and for any reason. See Common Shares Eligible for Future Sale and Underwriting for more information. Sales of a substantial number of such shares upon expiration of the lock-up agreements, the perception that such sales may occur, or early release of these agreements, could have a material and adverse effect on the trading price of our common shares.