I caught this message from M life titled “Renew Your Tier Match” from a couple of weeks ago.
I was under the impression before that the status match was automatically renewed for everyone, except for some people due to IT issues, but it looks like not.
The process to renew is even easier than matching the first time, since you should have already created an M life account. Just click on the link in the email, sign in with your Hyatt Gold Passport credentials, then sign in with your M life credentials, and that should be it!