Certain Shares of VRAIN Solution, Inc. are subject to a Lock-Up Agreement Ending on 21-MAY-2024. These Shares will be under lockup for 89 days starting from 22-FEB-2024 to 21-MAY-2024.

Details:
The sellers, JAFCO SV6 Investment Limited Partnership, Technology Ventures No. 5 Investment Limited Partnership, Tokyo Century Corporation, and JAFCO SV6-S Fund L.P., have notified the lead manager of this offering and the underwriters. During the period starting from the date of conclusion of the principal underwriting agreement for the secondary offering by purchase and underwriting and ending on May 21, 2024, which is the 90th day from the listing (trading start) date.

In addition, the Company will notify the lead manager on August 19, 2024, which is the 180th day from the listing (trading start) date.