Certain Common Stock of ONDECK Co., Ltd. are subject to a Lock-Up Agreement Ending on 28-MAR-2021. These Common Stock will be under lockup for 89 days starting from 29-DEC-2020 to 28-MAR-2021. Details: In connection with the offer and the sale of underwriters by accepting purchase transactions, Ryosuke Kubo, the seller and lender; Masao Funato, the seller; Hiroki Onishi and Kenichiro Murata, shareholders and officers of the Company; in addition, Pay Forward Co., Ltd., a shareholder of the Company, have agreed with the lead managing underwriter that during the period from the conclusion of the principal underwriting contract to March 28, 2021, which is the 90th day after the listing (start of trading) date (including the day), they will not sell the Company's shares, etc. (However, the sale of the Company's common stock for sale by underwriter's purchase transaction and sale by over-allotment, etc. are excluded) without the prior written consent of the lead managing underwriter. In addition, Angel Bridge Deal-by-Deal Fund No. 9 Co., Ltd. and Takeo Holdings Co., Ltd., which are shareholders of the Company, have agreed with the lead managing underwriter that during the period from the conclusion of the principal underwriting contract to March 28, 2021, which is the 90th day after the listing (start of trading) date (including the day), they will not sell shares (However, the sale price is 1.5 times or more the issue price in the "1st recruitment guidelines" and excludes sales made through the lead managing underwriter) without the prior written consent of the lead managing underwriter. The Ondeck Employee Stock Ownership Association, which is a shareholder of the Company, has agreed with the lead managing underwriter that during the period from the conclusion of the principal underwriting contract to June 26, 2021, which is the 180th day after the listing (trading start) date (including the day) it will not sell shares without the prior written consent of the lead managing underwriter.