Certain Common Stock of Bookoff Group Holdings Limited are subject to a Lock-Up Agreement Ending on 18-AUG-2022. These Common Stock will be under lockup for 90 days starting from 20-MAY-2022 to 18-AUG-2022.

Details:
In connection with the general recruitment, our shareholders Hard Off Corporation, Dai Nippon Printing Co., Ltd., Maruyoshio Matsudo Co., Ltd., Kodansha Co., Ltd., Shueisha Co., Ltd., Shogakukan Co., Ltd. and Ryutsu Center Co., Ltd. are Nomura Securities Co., Ltd. On the other hand, during the period starting on the day when the issue price is decided and ending on the 90th day from the delivery date of the general offer (hereinafter referred to as the "lock-up period"), it is written in advance by Nomura Securities Co., Ltd. As a general rule, we have agreed not to sell our shares without consent.

In addition, during the lock-up period, the Company will issue the Company's shares, issue securities that will be converted or exchanged for the Company's shares, or the Company's shares without the prior written consent of Nomura Securities Co., Ltd. We have agreed not to issue securities that have been granted the right to acquire or receive shares.

In any of the above cases, Nomura Securities Co., Ltd. has the authority to cancel part or all of the contents of the agreement at its discretion even during the lockup period.