Certain Ordinary Shares of FORCIA, Inc. are subject to a Lock-Up Agreement Ending on 23-JUN-2025. These Ordinary Shares will be under lockup for 179 days starting from 26-DEC-2024 to 23-JUN-2025.

Details:
In connection with this offering and the underwriting sale by the underwriters, Tetsuro Yashiro, who is the share lender and seller , and Hiroko Yashiro, who is our shareholders, Faurecia Employee Shareholding Plan, Naoki Yamada, Faurecia Executive Shareholding Plan, Shinichi Tanimoto, Ryugo Yoshimura and Hiroko Nishi, have agreed with the lead manager that they will not sell, etc., our common shares (excluding, however, the lending of our common shares for the underwriting sale by the underwriters and the offering by over-allotment) without the prior written consent of the lead manager during the period from the date of the execution of the original underwriting agreement to June 23, 2025, which is the 180th day after the listing (trading commencement) date (including that day).

In addition, we have agreed with the lead manager that during the period from the date of the execution of the original underwriting agreement to June 23, 2025, which is the 180th day after the date of listing (trading commencement) (including that day), we will not issue our common shares, issue securities that can be converted or exchanged for our common shares, or issue securities that confer the right to acquire or receive our common shares (excluding third-party allotments of new shares to the lead manager, etc., which were resolved at our board of directors meeting held on November 22, 2024 in connection with this offering, stock splits, the issuance of stock acquisition rights as stock options, and the offering by over-allotment) without the prior written consent of the lead manager.