Agreement to Provide 'Ticket Insurance' for Horipro Stage

Agreement to Provide 'Ticket Insurance' for Horipro Stage

Nissay Plus Small Amount & Short Term Insurance Co., Ltd., a subsidiary of Nippon Life Insurance Company, has agreed to provide 'Ticket Insurance' covering ticket costs for cancellations due to specific reasons, applicable to tickets sold directly by Horipro, Inc.

### 1. Collaboration Details and Background

Although the live entertainment market shrank significantly during the pandemic, it recovered in 2023 and is expected to grow further due to trends like 'Oshikatsu' (fan-driven activities). Generally, entertainment tickets require advance reservation and are rarely refundable. As the practice of refraining from events when feeling unwell has become normalized, consumer anxiety about 'what happens if I can't go after buying a ticket' has become more apparent.

Horipro is a comprehensive entertainment company operating in talent management, video production, and performance production. This partnership covers tickets sold directly via 'Horipro Stage' and the 'Horipro Ticket Center' for productions produced or sponsored by Horipro's Performance Division.

Nissay Plus plans to expand these cancellation cost compensation services to other areas, including concerts, sports, theme parks, travel, and transportation, to support highly satisfying entertainment experiences for customers and partners.

### 2. Features and Overview of Nissay Plus 'Ticket Insurance'

- Eligible claimants: Ticket holders or their family members. - Compensation: Full ticket price. - Policy term: Up to 1 year.

* Official name: 'Comfortable Life Support Insurance (with Cancellation Expense Compensation Rider).' * Service launch: Scheduled for June 2026, depending on preparations.