Certain Shares of Socionext Inc. are subject to a Lock-Up Agreement Ending on 8-JAN-2024. These Shares will be under lockup for 181 days starting from 11-JUL-2023 to 8-JAN-2024.

Details:
The Company has agreed with the manager to the effect that, during the lock-up period (the period beginning on the Pricing Date and ending on the 180th day after the settlement date of the International offering), the Company shall not issue shares of common stock, issue securities that can be converted into or exchanged for shares of common stock of the Company, issue securities that represent the right to acquire or receive shares of common stock of the Company, or conduct similar transactions without the prior written consent of the manager (excluding stock splits, allotment of shares without contribution, etc.).