A company needs to retain its AWS CloudTrail logs for 3 years.

A company needs to retain its AWS CloudTrail logs for 3 years. The company is enforcing CloudTrail across a set of AWS accounts by using AWS Organizations from the parent account. The CloudTrail target S3 bucket is configured with S3 Versioning enabled. An S3 Lifecycle policy is in place to delete current objects after 3 years.

After the fourth year of use of the S3 bucket, the S3 bucket metrics show that the number of objects has continued to rise. However, the number of new CloudTrail logs that are delivered to the S3 bucket has remained consistent.

Which solution will delete objects that are older than 3 years in the MOST cost-effective manner?