Certain Common Stock of Towa Hi System Co., Ltd. are subject to a Lock-Up Agreement Ending on 22-JUN-2021. These Common Stock will be under lockup for 179 days starting from 25-DEC-2020 to 22-JUN-2021. Details: Shigehisa Ishii, the seller and lender, Emiko Ishii, Shigemasa Ishii, SE Co., Ltd., and Kumiko Inoko, a shareholder of the Company, in connection with this offer and the sale of the underwriter by accepting the purchase transaction. Keiya Kono, Masami Ueyama, Kenji Tan, Mutsuji Takahashi, Takeshi Yamazaki, Morishige Sawada, Goro Fukui, Keiichi Tsuji and Yasuhiro Shibuya will be listed on the lead managing company from the date of the conclusion of the original underwriting contract (starting trading). During the period until March 24, 2021, which is the 90th day after the date (including the day), the sale of the Company's common stock, etc. In addition, the Towa Hi-System Employee Stock Ownership Association, which is a shareholder of the Company, will contact the lead managing underwriter until June 22, 2021, which is the 180th day after the listing (start of trading) date (including the day) from the date of conclusion of the principal underwriting contract.