Certain Common Stock of baby calendar Inc. are subject to a Lock-Up Agreement Ending on 20-SEP-2021. These Common Stock will be under lockup for 179 days starting from 25-MAR-2021 to 20-SEP-2021. Details: Keiji Yasuda, the representative director, seller and lender, Ikuyo Yamada, the seller, and Takatani Consulting Co., Ltd., the shareholder of the Company, are the lead managing underwriters in connection with the offering and the sale by the underwriter During the period from the conclusion of the principal underwriting contract to September 20, 2021 (hereinafter referred to as the "lockup period"), which is the 180th day after the listing (starting of trading) date (including the day), the lead managing underwriter Agreed that the Company's shares will not be sold without prior written consent (however, the sale of the Company's shares for sale by the underwriter's purchase transaction, the lending of the Company's common stock for sale by over-allotment, etc.) will not be carried out. In addition, Yasuhisa Takatani, a shareholder of the Company, sold the shares of the Company to the lead managing underwriter during the lockup period without the prior written consent of the lead managing underwriter. In addition, Tomoharu Fukushima, Isabella Chow, Kazuyuki Sasaki and Tadahisa Takakuwa, who are directors of the Company and hold stock acquisition rights, will not give the lead managing underwriter the prior written consent of the lead managing underwriter during the lockup period. The company has agreed not to sell the Company's stock acquisition rights and the Company's shares acquired by exercising the stock acquisition rights.