September15, 2021

Investment in Green Bond Aimed at Conserving Biodiversity- Financially Supporting Initiatives to Conserve Biodiversity Through Ecosystem Recovery andSustainable Resource Usage -The Dai-ichi Life Insurance Company, Limited (the “Company”; President and Representative Director: Seiji Inagaki)
is pleased to announce that it has invested approximately JPY 3.9 billion in a green bond issued by Anglian Water
Services Financing PLC (“Anglian Water”). This bond is a corporate bond in which the usage of funds is limited tocontribution to biodiversity conservation. Anglian Water and the Company engaged in discussion around the issuing of
the bond, and the company purchased the entire volume issued.
Anglian Water is headquartered in the United Kingdom. It is a company that constructs water and sewerage systems
and manages their operations. Precisely because it develops businesses related to natural capital, 1 Anglian Water
believes that it has an important role to play in protecting the natural environment. With a goal of having an overall
beneficial impact on the ecosystems where it operates, Anglian Water deploys projects and measures to proactively
conserve local environments and biodiversity.
The proceeds raised from this bond will be used toward natural
water treatment facility maintenance projects which utilize
wetlands (routing treated water through wetlands before
draining it into rivers to filter out substances that could lead tothe destruction of ecosystems), projects which promote theinhabitation of indigenous species by conducting maintenanceon the flow of rivers and waterfronts to restore thecharacteristics of natural rivers, and the like. Through its
investment in this bond, the Company will financially support
Anglian Water's initiatives aimed at biodiversity conservation.

Photo credit: Anglian Water Services Financing PLC

Natural capital is recognized as an important form of capital that supports society and the economy. It is estimated thatapproximately USD 44 trillion of economic value generation, equating to over half of the global GDP, is dependent on
nature. 2 Biodiversity is an important element of natural capital; however, due to the impacts of land development,
environmental pollution, and the like, it is believed that the loss of biodiversity such as the risk of approximately 1
million animal species going extinct in the next several decades is an environmental issue that will further intensify inthe near future, similar to climate change.

Elements which form aspects of nature such as mountains, forests, seas, rivers, the atmosphere, and soil, and organisms which make up
the ecosystem
2
Source: “Nature Risk Rising:Why the Crisis Engulfing Nature M atters for Business and the Economy ”World Economic Forum,
11

Biodiversity conservation is cited as one of the Sustainable Development Goals (SDGs). For the upcoming fifteenthmeeting of the Conference of the Parties to the Convention on Biological Diversity (COP15), the discussion andadoption of a global target for biodiversity to be reached by 2030 are being considered. Furthermore, the concern
companies and investors have for natural capital and biodiversity is growing on a global level: in June of 2021, theTaskforce on Nature-related Financial Disclosures (TNFD), which requests the disclosure of information from financial
institutions and companies regarding natural capital-related business opportunities and risks, was launched. TheCompany anticipates that hereafter, the issuing of this bond will lead to the development of various initaitives related
to biodiversity conservation and to the stimulation of bond issuance aimed at this purpose.
As a responsible institutional investor, the Company will continue to actively engage in ESG investment to contributeto realizing a sustainable society as well as to improve its investment return through sophisticated and diverse
investment methods.
[Outline of the Bond]
IssuerAnglian Water Services Financing PLC (S&P Rating: A, Moody’s Rating: A3)

Issuance AmountUSD 35 million (Approx. JPY 3.9 billion)

Maturities

5 years2