Certain Shares of JAIC Co.,Ltd. are subject to a Lock-Up Agreement Ending on 26-JAN-2020. These Shares will be under lockup for 90 days starting from 28-OCT-2019 to 26-JAN-2020.

Details:
Stock lender and seller, Takeshi Sato, our Company's shareholders and officers, Hiromitsu Kondo, Naoki Chikenji, Taku Furusho, Miki Higashimiya, Takuo Yanaka, Yoshiyuki Furue, the Company's shareholders, Ensu Co., Ltd., Dai Yamamoto, Mitsumasa Ozaki, Five Eyes Networks Co., Ltd., JAIC Co., Ltd. Employee Shareholding Association, MC Co., Ltd., Akira Yanaida, Katsumi Sakamoto, Tatsuya Ono, Masaki Ohara, Shiro Shigeta, Taro Inamoto, Takeyasu Igarashi and Noriyuki Nishikawa, and our Company´s warrants holders, Osamu Endo, Takatoshi Kajita, Yasumasa Matsuoka, Tsuyoshi Hirahori, Takumi Nagase, Yasuyuki Miyamoto, Megumi Takahashi, Riki Oshida, Seiko Sasamori, Hiroyasu Sato, Daisuke Yamanaka, Yuji Kato, Akihiro Inaba, Rei Muragishi, Tomomi Nomura, Tomoya Yoshida, Eri Uchino, Yusuke Yamazaki, Takeshi Hayashi, Itaru Okada, Akihiro Kajima, Keita Kato, Satoshi Tadaide, Yohei Sotozaki, Tomohiro Kokubo, Mitsuo Tahara, as well as other 58 warrants holders, have promised to SMBC Nikko Securities Inc. (hereinafter referred to as “the lead manager”) that they will not conduct Issuing, transferring, or selling the Company's common stock and securities that have the right to acquire the Company's common stock on the date of the original underwriting agreement without the prior written consent of the lead manager Promising not to include (including potential shares) during the period starting from the date of signing the original underwriting contract related to the Offering and the sale of the underwriter through the purchase transaction, until April 25, 2020, the 180th day from the listing date.

Company shareholder, TK Corporation, has promised to the lead manager that it will not conduct Issuing, transferring, or selling the Company's common stock and securities that have the right to acquire the Company's common stock on its own calculation date without the prior written consent of the lead manager, during the period starting from the date of signing of the original subscription contract pertaining to the offer and the sale of the underwriter through the purchase transaction until January 26, 2020, the 90th day from the listing date (However, the sale price is more than 1.5 times the issue price in the offer or sale price in the offer, and the sale on the Tokyo Stock Exchange through the lead manager is excluded.)