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Important Information Regarding Acquisition of StanCorp Financial Group, Inc.

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On March 7, 2016, StanCorp Financial Group, Inc. (“StanCorp”) (NYSE ticker: SFG) announced completion of the acquisition of StanCorp by Meiji Yasuda Life Insurance Company (“Meiji Yasuda”) in accordance with the previously announced Agreement and Plan of Merger dated July 23, 2015, among StanCorp, Meiji Yasuda and MYL Investments (Delaware) Inc.

As a result of the merger, each outstanding share of StanCorp's common stock has converted into the right to receive $115 per share in cash. StanCorp's stock has ceased trading and has been delisted from the New York Stock Exchange.

Please see Important Information About Your StanCorp Stock.

Also see the Shareholder Assistance page for information regarding cost basis and tax reporting forms.

No changes were made to insurance policies, annuities or retirement savings with Standard Insurance Company as a result of the merger of StanCorp Financial Group, Inc and Meiji Yasuda Life Insurance Company. The Standard's headquarters, operations, employees, management team, distribution channels and products are not impacted by this transaction.

Computershare Inc. has been appointed paying agent with respect to the StanCorp common stock. Shareholders who hold book entry shares (those shares which are held electronically or in non-paper form) will receive their proceeds automatically from Computershare.

Shareholders who hold stock certificates will receive a letter of transmittal from Computershare containing instructions on how their shares can be exchanged for payment of the merger consideration.

StanCorp shareholders with questions regarding the exchange of their shares may contact Computershare directly at:

Computershare
Corporate Actions
250 Royall Street
Canton, MA 02021

Website: www.computershare.com/investor

Toll Free: 800.546.5141 (within the U.S., its territories and Canada)
781.575.2765 (outside the U.S., its territories and Canada

 

Transaction Information

StanCorp Financial Group, Inc. Announces Completion of Acquisition by Meiji Yasuda (March 7, 2016) 

Meiji Yasuda Receives Regulatory Approvals for StanCorp Acquisition (Feb. 8, 2016) 

StanCorp Financial Group, Inc. Shareholders Approve Acquisition by Meiji Yasuda (Nov. 9, 2015) 

Definitive Proxy Statement (Sept. 21, 2015) 

Investor Presentation 

StanCorp Factsheet 

Acquisition FAQ (July 23, 2015) 

Additional Acquisition FAQ (Aug. 7, 2015) 

Joint Press Release 

Legal

1 Grief support services not offered by The Standard Life Insurance Company of New York.

2 When allowed by the state where the claim is filed.

1 VSP is a registered trademark of Vision Service Plan.

2 Subject to terms and conditions set by The Standard.

3 Available on case installation with Balanced Care plans.

1 The Family Care Benefit is not available in California, Connecticut or New York. Additionally, employers may choose to remove the Family Care Benefit from a Guaranteed Standard Issue plan.

1 U.S. Social Security Administration, Fact Sheet, June 2016

1 Availability of discounts may vary depending on the state. Discounts are not available to government employees. No discounts are available with Protector Essential.

2 Protector Platinum is only available in California.

3 Applications for BEP and BOP must be received no later than 30 days following the placement of Protector Platinum or Platinum Advantage.

4 Availability of discounts may vary depending on the state. This discount is not available with Business Equity Protector or Protector Essential or to government employees.

5 All Montana policies are issued as gender neutral.

 

1 Not all elements of the Workplace Possibilities program are included with all STD and LTD plans.

2 The type of local, onsite support will vary depending on employer size and plan design. In all cases, a consultant is available to you for calls and visits. Contact us to talk about the options available to you.

3 Consultants provide this assistance for employers using our ADAAA Accommodation Services.

4 Statistic is based on combined group short term disability and group long term disability data developed by Standard Insurance Company, including benefit savings on insured and self-funded plans, between January 1, 2009 through December 31, 2018.

5 Based on Workplace Possibilities estimates for the percentage of stay-at-work claims that would have resulted in an STD, LTD or other claim, along with 2018 Integrated Benefits Institute data for calendar year 2017 on average claim durations and costs.

6 For groups with 1,000 employees or more. For smaller groups, ask about our regional disability specialists.

1 There’s no cost for the service when it’s selected as a plan’s Qualified Default Investment Alternative.

2 Employees can always opt out of the automatic enrollment or increase service, and we let them know how to do so.

 

1 Not available in California, Connecticut or New York.

2 Family members include your spouse or domestic partner, parents and children (including adopted children, stepchildren and children of your domestic partner).

3 5 Facts About Family Caregivers, Pew Research Center, November 18, 2015, pewresearch.org/fact-tank/2015/11/18/5-facts-about-family-caregivers.

4 Caregiving in the U.S., National Alliance of Caregiving and AARP Public Policy Institute, June 2015, aarp.org/content/dam/aarp/ppi/2015/caregiving-in-the-united-states-2015-report-revised.pdf.

5 In California, a residual disability rider is required.

6 Eligibility, monthly benefit and premium depend on occupation class and loan amount. The Student Loan Rider is not available in Connecticut or New York.

 

1 For insureds born on or before Dec. 31, 1956, the normal policy termination date is the policy anniversary on or following the 66th birthday. For other insureds, it is the policy anniversary on or following the 67th birthday.

1 The normal termination date is the policy anniversary on or following the insured's 65th birthday.

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