Certain Common Stock of SmartDrive inc. are subject to a Lock-Up Agreement Ending on 14-MAR-2023. These Common Stock will be under lockup for 89 days starting from 15-DEC-2022 to 14-MAR-2023.

Details:
OMU Co., Ltd., the lender, Sumitomo Corporation, the Company's shareholder, Masayuki Kato, Motohiro Tanaka, Hiroki Motokakiuchi, Yuichiro Nagai, and Gunnar, who are the holders of stock acquisition rights Lockwood, Tsugu Murayama, Takashi Takegawa, Asami Miwa, Kanta Takahashi, Shinichi Ishizu, Hitoshi Aoki, Toshifumi Hamachi, Kaori Tezuka, Tomomi Shima, Shinichi Kazama, Masaki Nanjo, Ai Watanabe, Masayoshi Saito, Yoshiki Obata, Yusuke Kumono, Shingo Ishino , Takayoshi Iwase, Haruna Taniguchi, Yuki Konno, Ryosuke Takada, and Saita Sakamoto will be listed (commencement of trading) to the joint lead managing company, starting from the date of conclusion of the primary underwriting agreement for the secondary offering by the underwriters and underwriters. ) until June 12, 2023, which is the 180th day (hereinafter referred to as the “lock-up period”), without obtaining the prior written consent of the joint lead manager, the principal underwriting contract I have promised not to issue, transfer or sell the Company's common stock (including latent stock) that I own on my own account and the securities that have the right to acquire the Company's common stock on the date of the conclusion of the contract.
During the lockup period, Retsu Kitagawa will notify the joint lead managers that the common stock (potential ) and the 13th Stock Acquisition Rights scheduled to be purchased from Japan Finance Corporation, as well as securities with the right to acquire common shares of the Company, will not be issued, transferred or sold. increase.
ANRI No. 1 Investment Business Limited Liability Union, Mitsubishi UFJ Capital No. 5 Investment Business Limited Liability Union, SMBC Venture Capital No. 3 Investment Business Limited Liability Union, Mizuho Growth Support No. 2 Investment Business Limited Liability Union, and our shareholders TJ2015.FUND LP and G.S.Growth Investment G.K. will provide the joint lead managing company with a period of During the period up to March 14, 2023, which is the 90th day from the start, without the prior written consent of the joint lead managers, the Company's common stock and Issuance, transfer or sale, etc. of securities with the right to acquire the Company's common stock (however, if the sale price is 1.5 times or more of the issue price in the public offering or the selling price in the secondary offering, Tokyo through SMBC Nikko Securities Inc.) (excluding sales on stock exchanges, etc.).