Certain Common Stock of Laboro.AI Inc. are subject to a Lock-Up Agreement Ending on 26-JAN-2024. These Common Stock will be under lockup for 179 days starting from 31-JUL-2023 to 26-JAN-2024.

Details:
Regarding the offering and the secondary offering by way of purchase and acceptance by the underwriters, Tetsuo Shiibashi and Hiromasa Fujiwara, who are the lenders and sellers, Yosuke Matsufuji, who is the seller, SCREEN Advanced System Solutions Co., Ltd., which is a shareholder of the Company, and Taku Yoshioka, Masashi Hamamoto, Takashi Wada, Hiroaki Murata, Kengo Naiki, Tatsuyuki Nakano, Tomohiro Ueda, Tokufumi Kane, Daisuke Adachi, Katsuya Inoura, Osamu Kato, and Ishida, who are the Company's stock acquisition right holders. Chu, Jiaxin Huh, Sinyi Cho, Shunsuke Ido, Itsuki Shiratori, Yo Yue, Yuta Kanashiki, Aoi Takami, and Kaori Tomita will provide SMBC Nikko Securities Inc. (hereinafter referred to as the "lead managing company") during the period from the conclusion of the primary underwriting agreement for the secondary offering by the underwriter to January 26, 2024, which is the 180th day counting from the listing (trading start) date (hereinafter referred to as the "lockup period"). , has promised not to issue, transfer or sell the Company's common stock (including latent shares) held on its own account or securities with the right to acquire the company's common stock on the date of conclusion of the principal underwriting agreement without the prior written consent of the lead managing company. In addition, the Company has agreed with the lead manager not to issue or sell the Company's common stock or securities with the right or obligation to acquire the Company's common stock (excluding the issuance of new shares through a stock split, etc., the issuance of stock acquisition rights related to stock options, and the issuance of the Company's common stock through the exercise of stock acquisition rights, etc.) during the lockup period without obtaining the prior written consent of the lead manager.