ＤＤNEWSRELEASE

March 17, 2017
Daisuke Iwase, President
LIFENET INSURANCE COMPANY(Securities Code: 7157, TSE Mothers)

Notice of Change in the Major Shareholder
TOKYO, March 17, 2017 - LIFENET INSURANCE COMPANY (TSE Mothers 7157, President
Daisuke Iwase, URL: http://ir.lifenet-seimei.co.jp/en/) announces change in the major
shareholder. Pursuant to an agreement concluded on March 17, 2017 between Swiss
Reinsurance Company Ltd (“SRZ”) and Swiss Re Life Capital Ltd (“SRLC”) regarding a transferof SRZ’s entire stake in Lifenet (11.11%) to SRLC on a negotiated basis, SRZ will sell its entire
interest in Lifenet to SRLC. Lifenet hereby announces that this will result in a change in the major
shareholder of Lifenet. As this change is due to the stock transfer within the Swiss Re Group,
there is no impact on the Company's results.
1.

Date of Change
March 22, 2017 (scheduled)

2.

Background of Change
The change in the major shareholder is the result of the stock transfer within the Swiss ReGroup.
3.

Overview of the Shareholders Subject to Change(1) Overview of SRLC(As of December 31, 2016)(1) Company Name

Swiss Re Life Capital Ltd(2) Location

Mythenquai 50/60, 8002 Zurich, Switzerland(3) Representative

CEO Thierry Leger(4) Business Description

Holding company for business unit (primary life insurance)(5) Capital

100,000 Swiss Franc(2) Overview of SRZ(As of December 31, 2016)(1) Company Name

Swiss Reinsurance Company Ltd(2) Location

Mythenquai 60, 8002 Zurich, Switzerland(3) Representative

CEO Moses Ojeisekhoba(4) Business Description

Reinsurance(5) Capital

34,405,256.50 Swiss Franc

Copyright© LIFENET INSURANCE COMPANY All rights reserved.

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NEWSRELEASE

4.

Number of Shares Held and Number of Voting Rights Held by the Shareholders and their
Ownership Percentage Before and After the Change(1) SRLC
Attribution

Number of Shares Held(Percentage)

Number of Voting Rights(Percentage)

Shareholder
Ranking

－

None

None－

Major
Shareholder

5,683,900(11.11%)

56,839(11.11%)

2nd

Attribution

Number of Shares Held(Percentage)

Number of Voting Rights(Percentage)

Shareholder
Ranking(As of December 31, 2016)

Major
Shareholder

5,683,900(11.11%)

56,839(11.11%)

2ndAfter Change

－

None

None－Before Change(As of December 31, 2016)
After Change(2) SRZ

Before Change* Total number of issued shares as of December 31, 2016 is 51,145,000. Total number of issued shares asof December 31, 2016 includes increase by 970,000 shares due to the exercising of share options on
November 11, 2016. Percentage of voting rights is calculated based on the total number of voting rights
511,396, which is composed of that as of September 30, 2016 (501,696) and that increased on November
11, 2016 (9,700).

5.

Future Prospect
As this change is due to the stock transfer within the Swiss Re Group, there is no impact on

the Company's results of this change.

About LIFENETURL： http://ir.lifenet-seimei.co.jp/en/

Returning to the original purpose of life insurance - mutual support - LIFENET INSURANCECOMPANY was founded with the goal of offering simple, convenient and competitively priced
products and services based on the highest levels of business integrity. We sell these products
and services directly to customers over the Internet. By using the Internet, we are able to offer
highly cost-competitive products and accept applications from customers at any given time.
Contact: Investor Relations, Corporate Planning DepartmentTel:+81-3-5216-7900
e-mail: ir@lifenet-seimei.co.jp
Disclaimer: This is a summarized translation of the original Japanese document, prepared and provided
solely for readers' convenience. In case of any discrepancy or dispute, the Japanese document prevails..

Copyright© LIFENET INSURANCE COMPANY All rights reserved.

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