Certain Common Stock of coly Inc. are subject to a Lock-Up Agreement Ending on 24-AUG-2021. These Common Stock will be under lockup for 179 days starting from 26-FEB-2021 to 24-AUG-2021. Details: Mizuki Nakajima, Anna Nakajima and Daichi Sasaki, who are the sellers and lenders, will be listed on the lead managing underwriter from the date of the conclusion of the original underwriting contract (starting trading) in connection with the offering and the underwriting of the underwriters. During the period until August 24, 2021 (hereinafter referred to as the "lockup period"), which is the 180th day after the date (including the day), the Company's shares will be sold without the prior written consent of the lead managing underwriter. (However, it is not possible to lend the Company's common stock for sale by underwriting purchase transactions and sale by over-allotment.) We have agreed not to do so. In addition, the Company will issue the Company's common stock, issue securities that will be converted or exchanged for the Company's common stock, or the Company's ordinary stock without the prior written consent of the lead managing underwriter during the lockup period. Issuance of securities entitled to acquire or receive shares ( however, in connection with the offering, share split, issuance of stock acquisition rights as a stock option, and sale by over-allotment , held on January 21 , 2021 except for the third-party allocation of new shares or the like for the lead manager company that has been resolved at the Board of directors of the company and the allocation destination. ) , such as we have agreed not to perform . In any of the above cases, the lead managing underwriter has the authority to cancel part or all of the contents of the agreement at its discretion even during the lockup period .