Certain Common Stock of Seyfert Ltd. are subject to a Lock-Up Agreement Ending on 2-AUG-2022. These Common Stock will be under lockup for 179 days starting from 4-FEB-2022 to 2-AUG-2022.

Details:
In connection with the offering and the underwriting of the underwriter, Beauty Prosperity Co., Ltd., the sellers, Takashi Hasegawa, Mie Hasegawa, Minoru Yamada, Hiroshi Fujimoto, Takashi Oka, and the Company's shareholders. Fullcast Holdings Co., Ltd., Day by Day Co., Ltd., Takeshi Hirano, Takehiro Kanai, Yasuhiro Numata, Koichi Noda, IPAS Co., Ltd., Shuji Kashima, Tadahiko Ogino, Kimiko Takagi and Keisuke Murase have agreed not to lend the Company's common stock for sale by receiving purchase transactions or over-allotment.) from the date of the original underwriting contract until August 2, 2022, which is the 180th day after the listing (start of trading) date (including the day), without the prior written consent of the lead managing underwriter.

In addition, Mizuho Seicho Shien No. 2 Investment Limited Partnership, which is a shareholder of the Company, agreed not to sell company shares, etc. on the Tokyo Stock Exchange through Mizuho Securities Co., Ltd. after the initial price on the Tokyo Stock Exchange is formed (however, the sale price is 1.5 times or more of the issue price in the "First Offering Guidelines"), from the date of conclusion of the principal underwriting contract in 2022. During the period until May 4, 2022, 90 days after the listing (starting trading) date (including the day) the sale of the Company's common stock without the prior written consent of the lead managing underwriter.

In addition, the Company will inform the lead managing underwriter in advance of the lead managing underwriter during the period from the conclusion of the principal underwriting contract to August 2, 2022, which is the 180th day after the listing (trading start date) date (including the day). Issuance of Company shares, issuance of securities converted or exchanged for Company shares, or issuance of securities entitled to acquire or receive Company shares (provided that this offer, share split) without the written consent of Excludes third-party allotment of shares to the lead managing underwriter, which was resolved at the Board of Directors of the Company held on December 24, 2021, in connection with the issuance of stock acquisition tickets as stock options and the sale by over-allotment.

In any of the above cases, the lead managing underwriter has the authority to cancel part or all of the contents of the agreement at its discretion even during the above 90 day or 180 day lockup period.