Certain Common Stock of Liberta Co.,Ltd. are subject to a Lock-Up Agreement Ending on 16-MAR-2021. These Common Stock will be under lockup for 89 days starting from 17-DEC-2020 to 16-MAR-2021. Details: In connection with this offer and the sale of underwriters through purchase transactions, Toru Sato, the seller and lender, Akio Tsutsui, Koji Ishida, Shunsaku Nita and Tadashi Hojo, the sellers, and the Company's shareholders, MOA Co., Ltd., Toyokazu Yamazaki, Takako Sato, Takehiko Nishina and Ryohiro Mizukami, as well as Satoshi Sasaki and Hiroaki Shiina, who are the holders of the stock acquisition rights of the Company, have agreed with the lead managing company, not to sell lend the Company's common stock etc., from the date of signing the original underwriting contract until March 16, 2021, which is the 90th day after the listing date (start trading) (including the day), without the prior written consent of the lead managing company, etc. The Liberta Employee Stock Ownership Association, which is a shareholder of the Company, will contact the lead managing underwriter during the period from the conclusion of the principal underwriting contract to June 14, 2021, which is the 180th day after the listing (trading start) date (including the day). , We have agreed that we will not sell our 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 June 14, 2021, which is the 180th day after the listing (trading start) date (including the day), Issuance of common stock of the Company, issuance of securities converted or exchanged for common stock of the Company, or issuance of securities granted the right to acquire or receive common stock of the Company, etc., the company has agreed not to carry out stock splits and issuance of stock acquisition rights as stock options. 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.