Alight, Inc. (NYSE: ALIT), a leading benefits administration provider of health, wealth and leave solutions, today announced its Board of Directors has determined to effectuate a reverse stock split of Alight's outstanding shares of common stock and a corresponding decrease in the number of authorized shares of each class and series of common stock (the "Reverse Stock Split") at a ratio of 1-for-20. The Reverse Stock Split was approved by stockholders at Alight's 2026 Annual Meeting of Stockholders held on June 10, 2026.

The Reverse Stock Split is expected to become effective as of Tuesday, June 30, 2026, at 5:00 p.m. Eastern Time (the "Effective Time").