【Lifenet Insurance】Major Affiliate Changes and Capital Alliance ｜ June 2026

Overview of Affiliate Change and Partnership

As of June 21, 2026, Japan Airlines Co., Ltd. has become an affiliate relevant to our company, with its voting rights ownership ratio increasing to 18.33%. This is due to the capital and business alliance concluded in April 2026 and the share transfer executed in June. Japan Airlines operates major airline businesses such as scheduled air transportation, and aims to expand its business and enhance corporate value through strategic partnership. While the relationship with this affiliate has changed from previous affiliates, our company continues to exercise independent management judgment.

Future Outlook and Impact on Investors

This affiliate change is expected to have minimal impact on this fiscal year's performance. However, strengthening strategic partnership is anticipated to contribute to medium- and long-term business expansion and corporate value enhancement. We will also disclose information as appropriate based on progress in collaboration and new initiatives.