[Unofficial Translation][Unofficial Translation]

May 12, 2022
Seiji Inagaki
Representative Director, President
The Dai-ichi Life Insurance Company, Limited

Dai-ichi Life Insurance Announces Changes of Officers
The Dai-ichi Life Insurance Company, Limited (President: Seiji Inagaki) hereby announces thechanges of officers effective June 15, 2022.
Candidates for the Board of Directors will be decided by resolution at the Annual General Meetingof Shareholders scheduled for June 15, 2022.

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The Dai-ichi Life Insurance Company, Limited

[Unofficial Translation]
1. Board of Directors(1) Candidates for Re-election
Title

NameDirector, Chairman of the Board

Koichiro Watanabe

Representative Director, President

Seiji Inagaki

Representative Director, Senior Managing

Masamitsu Nambu

Executive Officer
Director, Managing Executive Officer

Hisashi Takada

Director

Keisuke Yokoo(*1)*1. Keisuke Yokoo is a candidate for Outside Director.

(2) Retiring Director
Title

NameDirector

2.

Morinobu Nagahama

Executive Officer(1) Retiring Officer
Title
Managing Executive Officer

NameRemarks

Takahiro Shibagaki

Takahiro Shibagaki will be appointed as aDirector (Audit and Supervisory Committee
Member (Full-Time)) of Dai-ichi Life
Holdings, Inc. on June 20, 2022.

2The Dai-ichi Life Insurance Company, Limited

[Unofficial Translation]
Directors, Audit and Supervisory Board Members and Executive Officers as of June 15, 2022
Title
NameDirector, Chairman of the Board

Koichiro Watanabe

Representative Director, President

Seiji Inagaki

Representative Director, Senior Managing Executive Officer

Masamitsu Nambu

Director, Managing Executive Officer

Ichiro Okamoto

Director, Managing Executive Officer

Kyoichi Saito

Director, Managing Executive Officer

Hisashi Takada

Director, Managing Executive Officer

Hiroyuki Kanou

Director, Managing Executive OfficerKyoichi Haida

Director, Managing Executive Officer

Shoji Takeuchi

Director, Managing Executive Officer

Takako Kitahori

Director, Managing Executive Officer

Takashi Iida

DirectorKeisuke Yokoo

Director

Takehiko Nakao

Director

Naomi Ushio

Audit and Supervisory Board Member(Full-Time)

Masahiro Takashima

Audit and Supervisory Board Member(Full-Time)

Yoshifumi Wakayama

Audit and Supervisory Board Member

Takehiko Nagasaki

Audit and Supervisory Board Member

Sanae Tanaka

Audit and Supervisory Board Member

Iwao TakaManaging Executive Officer

Katsuhisa Watanabe

Managing Executive Officer

Chieko Takahashi

Managing Executive Officer

Yasutaka Shimokawa

Managing Executive Officer

Kozo Kita

Managing Executive Officer

Yasumasa Iwai

Managing Executive Officer

Yoshitaka Okumura

Managing Executive Officer

Toshiaki Sumino

Managing Executive Officer

Masahiro Akashi

Managing Executive Officer

Tatsuya Hayakawa

Managing Executive Officer

Hiroyuki Miyoshi

Managing Executive Officer

Kazuyuki Shigemoto

Managing Executive Officer

Mitsuhiro Uehara

Executive Officer

Takahito Shibuya

Executive Officer

Miki Kashizaki

Executive Officer

Ken Yamaguchi

Executive Officer

Atsuko Ochiai

Executive Officer

Toshikazu Takayama

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The Dai-ichi Life Insurance Company, Limited

[Unofficial Translation]
Title

Name

Executive Officer

Shinichi Suzuki

Executive Officer

Masahito Suyama

Executive Officer

Ken Mikami

Executive Officer

Kazuhiro Osawa

Executive Officer

Jun Kuroda

Executive Officer

Satoshi Takemoto

Executive Officer

Yasuyuki Watanabe

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The Dai-ichi Life Insurance Company, Limited

[Unofficial Translation]
Responsibilities and Delegation of Employees Duties, etc. as of June 15, 2022
Name and Title

Responsibilities

Delegation, etc.

Seiji Inagaki

Chief General Manager, Quality Improvement Headquarters（RepresentativeDirector, President）
Masamitsu Nambu

Secretarial Dept., Corporate Service Dept., Affiliated Business(RepresentativeManagement Dept., Human Resources Dept., Sales Office Manager

Director, Senior

Training Dept.

Managing ExecutiveOfficer)
Ichiro Okamoto

The matters regarding specific assignments(Director, Managing
Executive Officer)
Kyoichi Saito

Internal Audit Dept.

(Director, Managing
Executive Officer)
Hisashi Takada

Profit Management Dept., Actuarial Dept., Credit Dept.

(Director, Managing
Executive Officer)
Hiroyuki Kanou

Customer First Promotion Dept., Retail Management Dept., Sales(Director, ManagingForce Planning Dept., Workplace Sales Force Promotion Dept.

Executive Officer)
Kyoichi Haida

Business Process Planning Dept., Underwriting and Medical Dept.,(Director, Managing

Contact Center Control Dept.

Executive Officer)
Shoji Takeuchi

Corporate Communication Dept., Corporate Planning Dept.,

Chief General Manager,(Director, Managing

Regulatory Affairs Dept., Healthcare Task Force

Corporate Planning andExecutive Officer)

The matters regarding Quality Improvement Headquarters

Government Relations

Takako Kitahori

Marketing Strategy Dept. (except for the matters regarding Retirement(Director, Managingand Savings Service Promotion Div.), Communication Design Dept.,

Executive Officer)

CX Design Task Forcethe matters regarding CX Design Strategy

Takashi Iida

Marketing Strategy Dept. (the matters regarding Retirement and(Director, ManagingSavings Service Promotion Div.), Separate Account Management Dept.

Executive Officer)(the matters regarding Separate Account Investment Center),Investment Planning Dept., Corporate and Structured Finance Dept.,
Investment Administration Dept., Real Estate Investment Dept.
the matters regarding Retirement, Savings and Asset Strategy

Katsuhisa Watanabe

Corporate Relations Dept. No.3 and No.4, Financial Institution

Chief General Manager,(Managing ExecutiveRelations Dept., Metropolitan Sales Management Dept., Metropolitan

Metropolitan MarketOfficer)

Corporate Relations Dept. No.1, No.2, and No.3, Kanagawa SalesBureau

Chieko Takahashi

Corporate Relations Dept. No.1, No.2, No.5, No.6, No.7 and No.8,(Managing ExecutiveOfficer)

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The Dai-ichi Life Insurance Company, Limited

[Unofficial Translation]
Name and Title

Responsibilities

Delegation, etc.

Yasutaka Shimokawa

East Japan Sales Management Dept., Hokkaido Sales Bureau, East

Chief General Manager,(Managing Executive

Japan Corporate Relations Dept.

Eastern Market IOfficer)
Kozo Kita

Agency Management Dept., East Japan Agency Sales Dept.,(Managing Executive

Metropolitan Agency Sales Dept., Chubu and Kansai Agency SalesOfficer)

Dept., West Japan Agency Sales Dept.

Yasumasa Iwai

Innovation Strategy Dept., IT Business Process Planning Dept.(the(Managing Executivematters regarding Data Management Center, Data Analytics Center andOfficer)

Data Strategy Center)

Yoshitaka Okumura

Kansai Sales Management Dept., Osaka Corporate Relations Dept.,

Chief General Manager,(Managing Executive

Kyoto/Kobe Corporate Relations Dept.

Kansai MarketOfficer)

Toshiaki SuminoInternational Subsidiary Management Dept.

(Managing ExecutiveOfficer)
Masahiro Akashi

Multi Brand Sales Promotion Dept., Sales Personnel Dept., Financial(Managing Executive

Planning and Consulting Dept., Customer Service Dept.

Officer)
Tatsuya Hayakawa

West Japan Sales Management Dept., West Japan Sales Bureau(Managing Executive

Chief General Manager,
Western Market IOfficer)
Hiroyuki Miyoshi

West Japan Sales Management Dept., West Japan Sales Bureau

Chief General Manager,(Managing Executive(joint oversight with Mr. Hayakawa above mentioned 2 divisions)Western Market II

Kazuyuki Shigemoto

Fixed Income Investment Dept., Global Fixed Income Investment

Chief General Manager,(Managing Executive

Dept., Equity Investment Dept., Alternative Investment Dept.,

InvestmentOfficer)

Responsible Investment Dept.

Mitsuhiro Uehara

Chubu Sales Management Dept., Chubu Corporate Relations Dept.

Officer)(Managing Executive

Chief General Manager,Chubu MarketOfficer)
Takahito Shibuya

Product Development and Management Dept., Total Life Planning and(Executive Officer)

Sales Training Dept.

Miki Kashizaki

International Corporate Relations Dept.,

General Manager,(Executive Officer)

Dispersed Sector Relations Dept., Public Sector Relations Dept.

Public Sector Relations
Dept.

Ken Yamaguchi

Group Life Insurance Business Dept., Wholesale Management Dept.,

General Manager,(Executive Officer)

Corporate Employees Retail Promotion Dept.

Wholesale ManagementDept.

Atsuko Ochiai

Policy Service Dept., Claims Dept.

General Manager,(Executive Officer)

the matters regarding Diversity and Inclusion

Claims Dept.

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The Dai-ichi Life Insurance Company, Limited

[Unofficial Translation]
Name and Title

Responsibilities

Delegation, etc.

Toshikazu Takayama

General Manager,(Executive Officer)

Osaka-Kita Branch
OfficeShinichi Suzuki

General Manager,(Executive Officer)

Okayama Branch Office

Masahito Suyama

General Manager,(Executive Officer)

Fukuoka Branch Office

Ken Mikami

East Japan Sales Management Dept., East Japan Corporate Relations

Chief General Manager,(Executive Officer)

Dept.

Eastern Market II(joint oversight with Mr. Shimokawa above mentioned 2 divisions)Kazuhiro Osawa

Metropolitan Sales Management Dept., Metropolitan Corporate(Executive Officer)

Relations Dept. No.1, No.2, and No.3, Kanagawa Sales Bureau(joint oversight with Mr. Watanabe above mentioned 5 divisions)

Jun Kuroda

IT Business Process Planning Dept. (except for the matters regarding

General Manager,(Executive Officer)

Data Management Center, Data Analytics Center and Data Strategy

IT Business ProcessCenter)

Planning Dept.

Satoshi Takemoto

Compliance Control Dept., Risk Management Dept., Legal Dept.

(Executive Officer)

Yasuyuki WatanabeGroup Pension Business Dept., Defined Contribution Pension andGeneral Manager,(Executive Officer)

Investment Trust Business Dept., Group Pension Service Dept.,

Group Pension BusinessSeparate Account Management Dept. (except for the matters regarding

Dept.

Separate Account Investment Center)
Note: 1. Executive Officers are in charge of parts of branch office’s business in accordance with their responsibilities.
2. Mr. Shimokawa is in charge of Hokkaido and Tohoku area as Chief General Manager of Eastern Market I.
3. Mr. Okumura, Chief General Manager of Kansai Market, concurrently serves as General Manager of Kansai
Operations Bureau.
4. Mr. Hayakawa is in charge of Chugoku and Shikoku area as Chief General Manager of Western Market I.
5. Mr. Miyoshi is in charge of Kyusyu area as Chief General Manager of Western Market II.
6. Mr. Uehara, Chief General Manager of Chubu Market, concurrently serves as General Manager of Chubu Operations
Bureau.
7. Mr. Mikami is in charge of the Kanto, Tokai and Hokushinetsu area as Chief General Manager of Eastern Market II.

Investor Contact: Investor Relations Center, Corporate Planning Department+81 50 3780 6930
This press release may contain statements that are “forward-looking statements” regarding our intent, belief
or current expectations of management with respect to our future results of operations and financial condition.
Any such forward-looking statements are not historical facts but instead represent only our belief regarding
future events, many of which, by their nature, are inherently uncertain and outside our control. Importantfactors that could cause actual results to differ from those in specific forward-looking statements include,
without limitation, economic and market conditions, consumer sentiment, political events, level and volatilityof interest rates, currency exchange rates, security valuations and competitive conditions. Forward-looking
statements are not guarantees of future performance and involve risks and uncertainties, and actual results maydiffer.

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The Dai-ichi Life Insurance Company, Limited