A repackaged version of the extended titled Still Alive was released on June 3, 2012, and featured the single "Monster" along with two new additional tracks.

"[5] Billboard called the EP and its repackage "objectively one of the group’s best eras", and noted how "each song is iconic in its own way".

[6] Chicago Sun-Times noted that Alive included a more mature sound and "more interesting production techniques", and that it displayed BigBang's diversity.

[14] On March 9, 2012, it was revealed that BigBang was the first act to occupy 5 out of the top 10 spots on Billboard's K-pop Hot 100 with "Blue", "Bad Boy", "Fantastic Baby", "Ain't No Fun", and "Love Dust".

[15] Alive reached number six on Japan's domestic Oricon weekly album chart as a Korean import.

[19] In Taiwan, the EP reached the number-one spot on G-Music chart[20] and managed to be certified double platinum.

[21] In December 2019, Billboard ranked Alive number 22 on their list of The 25 Greatest K-Pop Albums of the 2010s; Caitlin Kelley praised the record's musical craftsmanship and wrote that it represented "the moment when Big Bang crossed the threshold from above-average hitmakers to full-fledged icons.