Certain Ordinary Shares of Morimatsu International Holdings Company Limited are subject to a Lock-Up Agreement Ending on 27-JUN-2022. These Ordinary Shares will be under lockup for 367 days starting from 25-JUN-2021 to 27-JUN-2022.

Details:
The controlling shareholders, Matsuhisa Terumoto, Matsuhisa Hiroyuki, Morimatsu Holdings Co., Ltd and Morimatsu Industry Co., Ltd have agreed to lock-up restrictions for a period of six months from the listing date which is expected to be March 15, 2021.

The shares held by controlling shareholders will be subject to a lock-up of further six months from the expiry of first lock-up period such that on disposal of such shares they cease to be a controlling shareholder of the company.