Certain Common Stock of Green Earth Institute Co., Ltd. are subject to a Lock-Up Agreement Ending on 21-JUN-2022. These Common Stock will be under lockup for 179 days starting from 24-DEC-2021 to 21-JUN-2022.

Details:
In connection with this offer and the sale by the underwriter's purchase transaction, the Lender, Research Institute of Innovative Technology for the Earth, and the sellers, Canet Corporation, Sappo Foods Co., Ltd., Interwoos Co., Ltd., and the Company Shareholders Tomohito Ihara, Koji Kawashima, Ryuji Urata, DIC Co., Ltd., The Electric Power Development Co., Ltd., Itochu Chemical Frontier Co., Ltd. and Itochu Corporation, agreed not to sell the Company's shares (however, the underwriter will accept the purchase transaction for sale due to over-allotment, etc.) agreed not to sell the Company's shares for sale due to over-allotment, etc.) until June 21, 2022, which is the 180th day after the listing day (including the day), without the prior written consent of the lead managing underwriter.

In addition, UTEC No. 2 Investment Limited Partnership, PNB-INSPiRE Ethical Fund 1 Investment Limited Partnership, Nissay Capital No. 5 Investment Limited Partnership, UMI No. 1 Investment Limited Partnership, Shinsei Bank, Ltd. SMBC Venture Capital Industry-University Cooperation No. 1 Investment Limited Partnership, MSIVC2012V Investment Limited Partnership, DCI High-Tech Manufacturing Growth Support Investment Limited Partnership, SC Ventures LLC, Mizuho Growth Support No. 2 Investment Limited Partnership, Himawari G3 No. Investment Limited Partnership and Tokyo Venture Corporate Growth Support Investment Limited Partnership agreed not to sell the Company's common stock from the date of conclusion of the principal underwriting contract to March 23, 2022, 90 days after the listing (start of trading) date (including the day) without the prior written consent of the lead managing company.