NEWS RELEASE
May 12, 2016
Daisuke Iwase, President & COO
LIFENET INSURANCE COMPANY(Securities Code: 7157, TSE Mothers)

Changes in Directors
TOKYO, May 12, 2016 - LIFENET INSURANCE COMPANY (TSE Mothers 7157, President &COO Daisuke Iwase, URL: http://ir.lifenet-seimei.co.jp/en/) announces the change in Directors.
These are subject to the approval of the proposals at the 10th Annual General Meeting ofShareholders and the resolution of the Board of Directors. The details are as follows:
1.

Newly elected Directors (effective on June 26, 2016)
Name

New Position

Previous Position
Former Manager of Supervisory

Hitoshi Hatta

Executive Managing Director

Coordination Division, Supervisory

Executive Officer

Bureau, Financial Services Agency ofJapan

Eiko Shinotsuka

Outside Director

Masanobu Takatani Outside Director
Yutaka Mizukoshi

2.

Outside Director

Professor Emeritus, Ochanomizu
University
Former Senior Managing Director,
The Norinchukin BankSenior Partner and Managing Director,
the Boston Consulting Group

Resignation of Directors (effective on June 26, 2016)
Name

Position
Executive Managing Director
Executive Officer
Outside Director
Former Deputy Governor of the Bank of Japan
Outside Director
Emeritus Professor, Hitotsubashi University
Outside Director
Professor, Graduate School of Business andFinance, Waseda University

Shunichiro Higuchi
Sakuya Fujiwara
Yoko Ishikura

Kazunari Uchida*1. Shunichiro Higuchi to be resigned on June 15, 2016

3.

Changes in the Position of Directors (effective on June 26, 2016)
NameHaruaki Deguchi

Daisuke Iwase

New Position

Previous Position
Representative Director, Chairman &Representative Director and Chairman CEO
Executive Officer
Representative Director, President &Representative Director and President COO
Executive Officer

Copyright© LIFENET INSURANCE COMPANY All rights reserved.

1NEWS RELEASE(Reference) Brief Career History of Newly Elected Directors
NameBrief career history(Date of Birth)
Apr. 1980
Joined Ministry of Finance JapanMay 1995

Director of General, JETRO ZurichJul. 2007

Supervisory Coordination Division, Supervisory Bureau,Financial Services Agency of Japan

Jul. 2008
Hitoshi Hatta(March 21, 1955)

Director-General, Fukuoka Focal Finance Branch
Bureau, Ministry of FinanceAug. 2010

Director-General, Ministry of Health, Labour and Welfare

Jul. 2013

Director-General, Yokohama Customs, Ministry ofFinanceOct. 2014

Director-General, The Financial Futures Association ofJapan

Apr. 1965

Joined Japan Center for Economic Research

Apr. 1993

Professor, Faculty of Human Life and Environmental
Sciences, Ochanomizu University

Eiko Shinotsuka(May 1, 1942)

Apr. 2001

Japan Center for Economic Research (incumbent)

Jul. 2005

Auditor, SUMITOMO LIFE INSURANCE COMPANY.

Mar. 2008

Professor Emeritus, Ochanomizu University(incumbent)

Apr. 2010

Commissioner, National Personnel Authority

May 2013

Executive Advisor (imcumbent)

Jun. 2015

Director, Japan Securities Finance Co., Ltd.
(imcumbent)
Outside Audit & Supervisory Board Member, KomatsuLtd. (imcumbent)

Masanobu Takatani(May 2, 1951)

Apr. 2016

Auditor, Shimane University (imcumbent)

Apr. 1976

Joined The Norinchukin BankJul. 2001

General Manager, Fixed Income Investment Division

Jul. 2003

General Manager, Financial Planning & Control DivisionJun. 2004

Managing DirectorJun. 2007

Senior Managing DirectorJun. 2010

President, Norinchukin Zenkyoren Asset ManagementCo., Ltd.

Yutaka Mizukoshi(August 29, 1956)

Apr. 1980

Joined NIPPON STEEL CORPORATION

Sep. 1990

Joined the Boston Consulting GroupMay 2004

Senior Vice President

Jan. 2005

Japan Co-chair

Jan. 2016

Senior Partner and Managing Director (incumbent)

Copyright© LIFENET INSURANCE COMPANY All rights reserved.

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NEWS RELEASE

About LIFENET (URL： http://ir.lifenet-seimei.co.jp/en/)
Returning to the original purpose of life insurance - mutual support - LIFENET INSURANCE wasfounded 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 tocustomers 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 Development 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 solelyfor readers' convenience. In case of any discrepancy or dispute, the Japanese document prevails.

Copyright© LIFENET INSURANCE COMPANY All rights reserved.

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