Certain Common Shares of Valuedesign Inc. are subject to a Lock-Up Agreement Ending on 24-DEC-2016. These Common Shares will be under lockup for 90 days starting from 25-SEP-2016 to 24-DEC-2016. Details: Shares held by Toru Onoe, seller and company executive Hideharu Hayashi, company executives Tsuyoshi Kaneko, Juichi Hitotsuyanagi and Seiichi Honda, company shareholders Dai Nippon Printing Co., Ltd., T-Gaia Corporation, GMO Payment Gateway, Inc., Ikyu Corporation, JA Mitsui Leasing, Ltd., JCB Co., Ltd., Toshiyuki Naka, Credit Saison Co., Ltd., Atsushi Aizawa, Mitsuhiro Umemura, Daisuke Kamata, United Consulting K.K., Natec Incorporated, Splendor Consulting Co., Ltd., Yoshimoto Fujii, ORIX Corporation, Yushi Koyanagi, Masayuki Kawado, Shuhei Oda, Ryo Hasegawa, Naoko Sanada and Shunsuke Shibata, company warrant holders Masahiro Omae, Daisuke Kasahara, Satoshi Inagaki, Ryo Tabata, Yukihiko Sakuma, Kenji Fukada, Tomoko Sano, Kana Murata, Manabu Nakajima, Kenji Hagihara, Hideyuki Nemoto, Noriko Shuozaki, Ayumi Tanaka, Akinori Ichikawa, Masato Kawano, Koichi Miyahara and 10 others will be under lock-up for the period beginning on the day of the conclusion of the original underwriting agreement to 180 days after the listing date (start of trading) on March 24, 2017. A total of 10,000 shares held by Toru Miyazaki will be under lock-up for the period beginning on the day of the conclusion of the original underwriting agreement to 180 days after the listing date (start of trading) on March 24, 2017. Shares held by company shareholder NIFSMBC-V2006S3 Investment Limited Partnership, CSK-VC Sustainability Fund LP, NEOS Corporation, CyberAgent, Inc. and NIFSMBC-V2006S1 Investment Limited Partnership will be under lock-up for the period beginning on the day of the conclusion of the original underwriting agreement to 90 days after the listing date (start of trading) on December 24, 2016.