ＤＤNEWSRELEASE
September 8, 2021
Ryosuke Mori, President
LIFENET INSURANCE COMPANY(Securities Code: 7157, TSE Mothers)

Notice of Determination of Issue Price and Other Matters
TOKYO, September 8, 2021 – LIFENET INSURANCE COMPANY (TSE Mothers 7157,President Ryosuke Mori; URL: https://ir.lifenet-seimei.co.jp/en/; hereafter, the “Company”)
announces that, it has determined the issue price and other matters as set forth below in relation
to the issuance of new shares of the Company in an international offering (hereinafter, the“Issuance of New Shares by way of Offering”), which was resolved at the meeting of the Board of
Directors of the Company held on August 31, 2021.
1. Issuance of New Shares by way of Offering(1)

Class and Number ofShares to be Offered(2)

Issue Price(Offer Price) (Note 1)
Aggregate Issue
Price (Note 2)
Amount to be Paid(Note 1)
Total Amount to be
Paid (Note 2)

(3)
(4)
(5)

9,000,000 new shares of common stock of the Company
which are the sum of (i) and (ii) below.
(i) 8,200,000 new shares of common stock of theCompany to be purchased by the Managers(ii) A maximum of 800,000 additionally-issued shares ofcommon stock of the Company which may bepurchased pursuant to the option to purchase granted
to the Managers
1,133 yen per share
10,197,000,000 yen
1,085.76 yen per share
9,771,840,000 yen(6)Payment Date

September 15, 2021 (Wednesday)(7)

Delivery Date

September 16, 2021 (Thursday)

Notes 1. The Managers will underwrite and purchase the shares relating to the Issuance of New
Shares by way of Offering at the amount to be paid per share will offer them at theissue price (the offer price).
2. These figures are based on the assumption that the option to purchase theadditionally-issued shares of common stock of the Company as set forth in (1)(ii)
above will be exercised in full by the Managers.
Note: This press release has been prepared for the purpose of announcing to the public certain matters relating to theissuance of new shares of the Company in an international offering, and not for the purpose of soliciting investment
or engaging in any other similar activities within or outside Japan. In addition, this press release does not constitutean offer or sale of securities in the United States. The securities may not be offered or sold in the United States
absent registration or an exemption from registration under the United States Securities Act of 1933, as amended.
The securities referred to above will not be publicly offered or sold in the United States. It is prohibited to distribute
this press release in the United States

Copyright© LIFENET INSURANCE COMPANY All rights reserved1

ＤＤ
NEWS
RELEASE

Contact:
Investor Relations, Corporate Planning Department
Tel: +81-3-5216-7900
e-mail: ir@lifenet-seimei.co.jp
Disclaimer: This is a summarized translation/version of the original Japanese document, prepared and provided
solely for readers' convenience. In case of any discrepancy or dispute, the Japanese document prevails.

Note: This press release has been prepared for the purpose of announcing to the public certain matters relating to theissuance of new shares of the Company in an international offering, and not for the purpose of soliciting investment
or engaging in any other similar activities within or outside Japan. In addition, this press release does not constitutean offer or sale of securities in the United States. The securities may not be offered or sold in the United States
absent registration or an exemption from registration under the United States Securities Act of 1933, as amended.
The securities referred to above will not be publicly offered or sold in the United States. It is prohibited to distribute
this press release in the United States

Copyright© LIFENET INSURANCE COMPANY All rights reserved2