Certain Common Shares of Smartvalue Co., Ltd. are subject to a Lock-Up Agreement Ending on 19-DEC-2018. These Common Shares will be under lockup for 180 days starting from 22-JUN-2018 to 19-DEC-2018. Details: The sellers Kazumasa Shibuya and Jun Shibuya, and company shareholders Commons & Sense Co., Ltd. and Nozomi Seisakusho Co., Ltd., have agreed with Daiwa Securities Co., Ltd., not to sell company shares, or securities convertible of exchangeable to company shares, or securities with rights or obligations to acquire company shares (however, excluding the sale by underwriters’ purchase subscription), beginning on the decision date of issue price to 180 days after the general subscription and sale by underwriters’ purchase subscription