Notice Regarding Compliance with the Listing Maintenance Criteria

Status of Compliance with Listing Maintenance Criteria

Life Corporation has confirmed that as of February 28, 2026, it meets all the listing maintenance criteria of the Tokyo Stock Exchange Prime Market. The free float ratio is 38.9%, the number of shareholders is 17,347, and the market capitalization is 91,307 million yen, reflecting an improvement from the non-compliant free float ratio of 34.8% at the end of February 2025. The stock split of one common share into two shares effective March 1, 2025, and the introduction of a shareholder benefit program contributed to broadening the investor base.

Initiatives Toward Compliance and Future Outlook

The company recognizes that the high proportion of long-term shareholders and treasury stock holdings have been factors in the decline of the free float ratio and addressed the reduction of policy-held shares by financial institution shareholders. In November 2024, the company acquired 7,343 thousand shares through a treasury stock tender offer and cancelled 8,400 thousand treasury shares on May 30, 2025. These measures improved the free float ratio and contributed to enhancements in EPS and ROE. The company will continue to strive to maintain compliance with the Prime Market’s listing maintenance criteria and enhance corporate value.