Lifenet Insurance Company announced the decision to relocate its headquarters at the Board of Directors meeting held on May 14, 2024. Since its business commencement in May 2008, Lifenet has operated its business in the same location of its headquarters. The number of employees has increased as the scale of the business has grown.

The relocation will provide with enough office space for both current and future business expansion. In addition, since the COVID-19 outbreak, they have actively introduced remote work and shifted to a hybrid work style. While continuing and developing diverse and flexible work styles, this office relocation will improve office convenience and further promote interaction among employees.

Given that the organization will continue to expand, the Lifenet's culture will be carried on and diverse employees will meet face-to-face to create an environment that leads to active dialogue and the creation of innovation. Relocation Address: 5-25 Nibancho, Nibancho Center Building 8F, Chiyoda-Ku, Tokyo Date of the Relocation: Scheduled in November 2024. There will be no change in the location of headquarters in the Articles of Incorporation because it is relocated within the same district.

The impact of the headquarters relocation on financial performance includes the consolidated business forecasts for fiscal 2024 ending March 2025, and will be minor. Lifenet will promptly disclose any material impact that arises in the future.