Certain Common Stock of Lancers,Inc. are subject to a Lock-Up Agreement Ending on 12-JUN-2020. These Common Stock will be under lockup for 180 days starting from 15-DEC-2019 to 12-JUN-2020.

Details:
In connection with the Offering and the sale of the underwriter through purchase transactions, Yosuke Aki, the seller and the Company's shareholders, and Persol Holdings Co., Ltd., Shinsei Bank, Ltd., Lancers Employee Stock Ownership Association, Keisuke Murata, Nobuhiko Goto, Masayuki Ishiyama, Shio Onuma, Katsuhide Otani, Satoshi Hirai, Hideaki Sone, Yasuyuki Negishi, Showa Kurabayashi, and Mie Miyazawa, Nobuhiko Goto held by the Company's stock acquisition rights, Yasuyuki Negishi, Hideaki Sone, Masayuki Ishiyama, Satoshi Akiyoshi, Shio Onuma, Satoshi Hirai, Mie Miyazawa, Satoshi Yokoi Masaru Yamada and the other 40 people are, the Lead Manager, the Company does not ask the lead manager for the lead contractor 's are 180 days after the listing date (including the current day) from the date of the original underwriting agreement . Until the first day (June 12 , 2020), without the prior written consent of the lead manager, the sale of the Company's common stock, etc. lead manager company consisting of the company's common stock, excluding the like to obtain.) we have agreed that it will not perform.

The Sellers and the Company's shareholders, GLOBIS 4 Fund Investment Limited Partnership?Globis Fund ?, L.P., GMO VenturePartners 3 Investment Limited Partnership, AT-I Investment Limited Partnership, Persol Career Co., Ltd. and Colopl, Inc., and the shareholder of the Company, Opt Holding, Inc., have agreed with the lead manager that they will not sell our common stock without the prior written consent of the lead manager, during the period from the date of signing the original underwriting contract to the 90th day (March 14, 2020) after the listing date (including the current day).