Certain Common Shares of Fast Fitness Japan Incorporated are subject to a Lock-Up Agreement Ending on 15-MAR-2021. These Common Shares will be under lockup for 89 days starting from 16-DEC-2020 to 15-MAR-2021. Details: Stock lender, Akira Okuma; sellers, Atsuyuki Tsuchiya and Kaoru Kato; shareholders, Oak Co., Ltd., RM Japan, LLC, Atsushi Takashima and Minoru Inagaki; Yasuhira Mori, Shane Intihar and Hirohisa Yamaguchi, who are the holders of the stock acquisition rights of the Company, the agent of Shota Okuma, who is the trustee and beneficiary of the Specified Securities Trust Trustee Nomura Trust & Banking Co., Ltd. (Trust Unit 2052248) as well as Akira Okuma, who is the agent of Ayako Okuma, who is the trustee and beneficiary of the Specified Securities Trust Trustee Nomura Trust & Banking Co., Ltd. (Trust Unit 2052249), have agreed with the lead managing underwriter that during the period from the conclusion of the principal underwriting contract to March 15, 2021, which is the 90th day after the listing (starting of trading) date (including the day), they will not sell the Company's shares, and do not allow the trustee and beneficiary to do the same with Nomura Trust & Banking Co., Ltd. without the prior written consent of the lead managing underwriter. In addition, company have agreed with the lead managing underwriter that during the period from the conclusion of the principal underwriting contract to June 13, 2021, which is the 180th day after the listing (trading start) date (including the day), without the prior written consent of the lead managing underwriter, will not issue shares, issue securities that will be converted or exchanged for shares, or issue securities that have been granted the right to acquire or receive shares (However, the lead managing underwriter resolved at the Board of Directors meeting held on November 11, 2020 in connection with the offering, stock split, issuance of stock acquisition rights as stock options, and sale by over-allotment. Excludes capital increase through third-party allotment.)