Certain Common Stock of CUC Inc. are subject to a Lock-Up Agreement Ending on 19-DEC-2023. These Common Stock will be under lockup for 181 days starting from 21-JUN-2023 to 19-DEC-2023.

Details:
In connection with this offer, Keita Hamaguchi, a shareholder and lender of the Company, M3 Co., Ltd., a shareholder of the Company, Development Bank of Japan Inc., Takamichi Tanabe, Toyomi Yoshida, Yoshinari Kobayashi and Tatsuya Yamada, a shareholder of the Company, Chikara Oketani, Jun Hashimoto, Yuki Kuronaga, Shota Ichinose, Eisuke Makimura, Shuichi Ikeda, Soichi Ishikawa, Takayoshi Fukuoka, Ryosuke Kamakari, Takeshi Terada and Yuko Shimizu, who are the holders of stock acquisition rights, During the period from the date of conclusion of the primary underwriting agreement to December 17, 2023, which is 180 days after the listing (trading start) date (including the day) (hereinafter referred to as the "lock-up period"), the joint lead underwriter have agreed not to sell the Company's shares