February 14, 2024

[Unofficial Translation]
May 15, 2024
Toshiaki Sumino
Representative Director, President
The Dai-ichi Life Insurance Company, LimitedDai-ichi Life Insurance Announces Changes of Officers
Effective on June 1 and 19, 2024
The Dai-ichi Life Insurance Company, Limited (President: Toshiaki Sumino) hereby announces thechanges of officers effective June 1 and 19, 2024.
Directors and Audit and Supervisory Board Members will be appointed subject to approval of theannual general meeting of shareholders to be held on June 19, 2024.

1The Dai-ichi Life Insurance Company, Limited

Ⅰ．Changes of Officers Effective on June 1, 2024
＜Retiring Officers＞
Current Title

NameRemarks

Managing Executive Officer

Ken Yamaguchi

Ken Yamaguchi will be appointed as a Managing
Executive Officer Status of Dai-ichi Life
Holdings, Inc. and will be appointed as a Vice
President, Executive Officer of Benefit One, Inc.
on June 1, 2024.

2
The Dai-ichi Life Insurance Company, Limited

Directors, Audit and Supervisory Board Members and Executive Officers as of June 1, 2024
NameTitle
Director, Chair of the Board

Seiji Inagaki

Representative Director, President

Toshiaki SuminoRepresentative Director, Senior Managing Executive Officer

Hiroyuki Kanou

Director, Managing Executive Officer

Kyoichi Haida

Director, Managing Executive Officer

Shoji Takeuchi

Director, Managing Executive Officer

Takashi Iida

Director, Managing Executive Officer

Atsuko Ochiai

Director

Tetsuya Kikuta

Outside Director

Keisuke Yokoo

Outside Director

Takehiko Nakao

Outside Director

Naomi Ushio

Audit and Supervisory Board Member (Full-Time)

Shigeru Mori

Audit and Supervisory Board Member (Full-Time)

Yoshifumi Wakayama

Outside Audit and Supervisory Board Member

Takehiko Nagasaki

Outside Audit and Supervisory Board Member

Hiroshi AzumaOutside Audit and Supervisory Board Member

Akira Ishihara

Senior Managing Executive Officer

Katsuhisa Watanabe

Managing Executive Officer

Yasutaka Shimokawa

Managing Executive Officer

Kyoichi Saito

Managing Executive Officer

Yoshitaka Okumura

Managing Executive Officer

Masahiro Akashi

Managing Executive Officer

Kazuyuki Shigemoto

Managing Executive Officer

Mitsuhiro Uehara

Managing Executive Officer

Takahito Shibuya

Managing Executive Officer

Koichi Nishiyama

Managing Executive Officer

Miki Kashizaki

Managing Executive Officer

Makoto GodaManaging Executive Officer

Ken Mikami

Executive Officer

Masahito Suyama

Executive Officer

Takehiko EguchiExecutive Officer

Kazuhiro Osawa

Executive Officer

Hideyuki Ohashi

Executive Officer

Jun Kuroda

Executive Officer

Yasuyuki Watanabe

Executive Officer

Shigeki Ikegami

Executive Officer

Makoto Hishida

Executive Officer

Yuichiro Abe

Executive Officer

Shinichiro Kaneko
3
The Dai-ichi Life Insurance Company, Limited

TitleName

Executive Officer

Masaki Eto

Executive Officer

Kazuhiro Katayama

Executive Officer

Tetsunori Kanou

Executive Officer

Katsufumi Kubo

Executive Officer

Sanae Iguchi

Executive Officer

Koichiro Yoshida

Executive Officer

Jun Miyamoto

4
The Dai-ichi Life Insurance Company, LimitedResponsibilities and Delegation of Employees Duties, etc. as of June 1, 2024
Name and Title

Responsibilities

Delegation, etc. (*)

Toshiaki Sumino

Chief General Manager, Quality Improvement Headquarters（RepresentativeDirector, President）
Hiroyuki Kanou

Customer Experience Promotion Dept., Retail Management Dept.,(Representative

Sales Force Planning Dept., Workplace Sales Force Promotion Dept.

Director, Senior
Managing ExecutiveOfficer)
Kyoichi Haida

Business Process Planning Dept., Customer Success Dept.,(Director, ManagingContact Center Control Dept.

Executive Officer)
Shoji Takeuchi

Corporate Planning Dept., Regulatory Affairs Dept.,

Chief General Manager,(Director, Managing

Corporate Communication Dept.,

Corporate Planning andExecutive Officer)

Matters regarding Quality Improvement Headquarters

Regulatory Affairs

Takashi Iida

Separate Account Management Dept. (Matters regarding Separate(Director, Managing

Account Investment Office), Investment Planning Dept.,

Executive Officer)

Investment Administration Dept.

Atsuko Ochiai

Legal Dept., Compliance Control Dept.

(Director, Managing
Executive Officer)
Katsuhisa WatanabeGroup Life Insurance Business Dept., Wholesale Management Dept.,

Chief General Manager,(Senior Managing

Corporate Solution Business Promotion Dept.

Corporate Relations

Yasutaka Shimokawa

Metropolitan Sales Management Dept.,

Chief General Manager,(Managing Executive

Metropolitan Corporate Relations Dept. No.1, No.2, No.3, and No.4,

Metropolitan MarketOfficer)

Kanagawa Sales Bureau

Kyoichi Saito

Internal Audit Dept.

Executive Officer)(Managing ExecutiveOfficer)
Yoshitaka Okumura

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

Chief General Manager,(Managing Executive

Kyoto/Kobe Corporate Relations Dept.

Kansai Market

Masahiro Akashi

East Japan Sales Management Dept.,

Chief General Manager,(Managing Executive

Hokkaido/Tohoku Corporate Relations Dept.

Hokkaido and TohokuOfficer)Officer)

MarketKazuyuki 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.

(Managing Executive

Chief General Manager,
Chubu MarketOfficer)
Takahito Shibuya

West Japan Sales Management Dept., Chugoku/Shikoku Corporate

Chief General Manager,(Managing Executive

Relations Dept.

Chugoku and ShikokuOfficer)

Market5
The Dai-ichi Life Insurance Company, Limited

Name and TitleResponsibilities

Delegation, etc. (*)

Koichi Nishiyama

Corporate Relations Dept. No.5, and No.6, Dispersed Sector Relations(Managing Executive

Dept., Public Sector Relations Dept.

Officer)
Miki Kashizaki

Corporate Relations Dept. No.1, No.2, No.3, and No.4

(Managing ExecutiveOfficer)
Makoto Goda

Protection Business Dept., Sales Consulting Promotion Dept., Total(Managing Executive

Life Planning and Sales Training Dept.

Officer)
Ken Mikami

East Japan Sales Management Dept., East Japan Corporate Relations

Chief General Manager,(Managing Executive

Dept. (East Japan Sales Management Dept., jointly in charge with Mr.

Eastern MarketOfficer)

Akashi)Masahito Suyama

General Manager,(Executive Officer)

Okayama Branch Office

Takehiko Eguchi

IT Planning Dept. (Matters regarding Data Management Div., Data

(Executive Officer)

Analytics Div., and Data Strategy Div.), Digital Transformation Dept.,
Digital Marketing Dept.

Kazuhiro Osawa(Executive Officer)

Hideyuki Ohashi

Metropolitan Corporate Relations Dept. No.1, No.2, No.3 and No.4,and Kanagawa Sales Bureau(jointly in charge with Mr. Shimokawa above mentioned 5 divisions)
Risk Management Dept., Credit Dept.

(Executive Officer)

Jun Kuroda

IT Planning Dept. (except for Matters regarding Data Management

General Manager,(Executive Officer)

Div., Data Analytics Div., and Data Strategy Div.)IT Planning Dept.

Yasuyuki Watanabe

Retirement, Savings and Asset Succession Business Dept.,(Executive Officer)

Group Pension Business Dept., Group Pension Service Dept.,
Separate Account Management Dept. (except for Matters regarding
Separate Account Investment Office), Defined Contribution Pension
and Investment Trust Promotion Dept.

Shigeki Ikegami

General Manager,(Executive Officer)

Chiba Branch Office

Makoto Hishida

Secretarial Dept., Corporate Service Dept.

(Executive Officer)

Yuichiro Abe

International Subsidiary Management Dept.

(Executive Officer)

Shinichiro Kaneko

Real Estate Investment Dept., Corporate and Structured Finance Dept.

(Executive Officer)

6The Dai-ichi Life Insurance Company, Limited

Name and Title

Responsibilities

Delegation, etc. (*)

Masaki Eto

West Japan Sales Management Dept., Kyushu/Okinawa Corporate
Relations Dept. (West Japan Sales Management Dept., jointly in chargewith Mr. Shibuya)

Chief General Manager,(Executive Officer)

Kyushu and Okinawa
MarketKazuhiro Katayama

General Manager,(Executive Officer)

Osaka-Kita Branch
OfficeTetsunori Kanou

General Manager,(Executive Officer)

Sapporo Branch Office

Katsufumi Kubo

Agency Management Dept., Multi Brand Sales Promotion Dept.,

General Manager,(Executive Officer)

Financial Institution Relations Dept.

Financial Institution
Relations Dept.

Sanae Iguchi

Underwriting and Medical Dept., Policy Service Dept., Claims Dept.

(Executive Officer)

Koichiro Yoshida

Human Resources Dept., Sales Personnel Dept.

(Executive Officer)
Jun Miyamoto

Actuarial Dept., Profit Management Dept.

(Executive Officer)

Note: 1. Executive Officers are in charge of parts of branch office’s business in accordance with their responsibilities.
2. Mr. Okumura, Chief General Manager of Kansai Market, concurrently serves as General Manager of KansaiOperations Bureau.
3. Mr. Uehara, Chief General Manager of Chubu Market, concurrently serves as General Manager of Chubu OperationsBureau.

7The Dai-ichi Life Insurance Company, Limited

Ⅱ．Changes of Officers Effective on June 19, 2024
1. Candidates for New election
Title

Name

Outside Audit and Supervisory Board Member

2. Candidates for Re-election
Title

Masahiko Yamauchi

NameDirector, Chair of the Board

Seiji Inagaki

Representative Director, President

Toshiaki Sumino

Director

Tetsuya Kikuta

Audit and Supervisory Board Member (Full-Yoshifumi WakayamaTime)
Outside Audit and Supervisory Board Member

Hiroshi Azuma

Outside Audit and Supervisory Board Member

Akira Ishihara

3. Retiring OfficersTitle

Name

Outside Director

Keisuke Yokoo

Outside Audit and Supervisory Board Member

Takehiko Nagasaki

Reasons for Appointment of Newly Appointed Audit and Supervisory Board Member
Name
Reasons for Appointment
Masahiko Yamauchi

He has a lot of experience as well as advanced and specialized knowledge as acertified public accountant and a lot of experience as an Outside Director and an
Outside Audit and Supervisory Board Member of other companies. He is expectedto actively deliver opinions related to financial affairs from an objective
perspective and play a role in auditing and supervising management at the Auditand Supervisory Board etc. Although he has not been involved in corporate
management other than as an Outside Director and an Outside Audit andSupervisory Board Member, he has the knowledge and experience to execute hisduties as an Outside Audit and Supervisory Board Member accurately, fairly, andefficiently for the above reasons.

8The Dai-ichi Life Insurance Company, Limited

Biography of Newly Appointed Audit and Supervisory Board Member
Name
Masahiko YamauchiDate of Birth

May 3, 1956

Education

March

1980

Graduated from Waseda University,
School of Commerce

Career History

October1987

Joined Showa Ota Audit Corporation (currently Ernst & Young
ShinNihon LLC.)

May

2003

Partner, ShinNihon Audit Corporation (currently Ernst & Young
ShinNihon LLC.)

May

2009

Senior Partner, ShinNihon Audit Corporation

August2013

Governance Councilor, ShinNihon Audit Corporation Council

July

2014

Member, EY Global Governance Council

January

2016

Japanese Representative member, EY Global Governance Council

July

2017

Representative, Yamauchi Certified Public Accountant Office (to present)

July

2017

Outside Audit and Supervisory Board Member,Endeavour United Co., Ltd. (to present)

August2017

Outside Audit and Supervisory Board Member, Pizza Hut Japan. Ltd.

July

2018

Asset Management One Co., Ltd.
Outside Director, Audit and Supervisory Committee Member (to present)

July

2018

Outside Audit and Supervisory Board Member, Crefact Corporation

July

2018

Outside Audit and Supervisory Board Member,
NPW Yokohama Co., Ltd. (currently JAS Corporation)

June

2019

Outside Audit and Supervisory Board Member, Logos Home Co., Ltd.

March

2020

Outside Audit and Supervisory Board Member,
Hoei Construction Co., Ltd.

April

2021

Outside Audit and Supervisory Board Member,
ADDIX Corporation (to present)

August2021

Outside Audit and Supervisory Board Member, Logos Holdings, Inc.

April

2022

Outside Audit and Supervisory Board Member, Peacs Inc.

August2022

Outside Audit and Supervisory Board Member, Archem Inc. (to present)

9The Dai-ichi Life Insurance Company, Limited

Directors, Audit and Supervisory Board Members and Executive Officers as of June 19, 2024
NameTitle
Director, Chair of the Board

Seiji Inagaki

Representative Director, President

Toshiaki Sumino

Representative Director, Senior Managing Executive Officer

Hiroyuki KanouDirector, Managing Executive Officer

Kyoichi HaidaDirector, Managing Executive Officer

Shoji Takeuchi

Director, Managing Executive Officer

Takashi Iida

Director, Managing Executive Officer

Atsuko Ochiai

Director

Tetsuya Kikuta

Outside Director

Takehiko Nakao

Outside Director

Naomi Ushio

Audit and Supervisory Board Member (Full-Time)

Shigeru Mori

Audit and Supervisory Board Member (Full-Time)

Yoshifumi Wakayama

Outside Audit and Supervisory Board Member

Hiroshi Azuma

Outside Audit and Supervisory Board Member

Akira Ishihara

Outside Audit and Supervisory Board Member

Masahiko Yamauchi

Senior Managing Executive Officer

Katsuhisa Watanabe

Managing Executive Officer

Yasutaka ShimokawaManaging Executive Officer

Kyoichi Saito

Managing Executive Officer

Yoshitaka Okumura

Managing Executive Officer

Masahiro Akashi

Managing Executive Officer

Kazuyuki Shigemoto

Managing Executive Officer

Mitsuhiro Uehara

Managing Executive Officer

Takahito Shibuya

Managing Executive Officer

Koichi Nishiyama

Managing Executive Officer

Miki Kashizaki

Managing Executive Officer

Makoto GodaManaging Executive Officer

Ken Mikami

Executive Officer

Masahito Suyama

Executive Officer

Takehiko Eguchi

Executive Officer

Kazuhiro Osawa

Executive Officer

Hideyuki Ohashi

Executive Officer

Jun Kuroda

Executive Officer

Yasuyuki Watanabe

Executive Officer

Shigeki Ikegami

Executive Officer

Makoto Hishida

Executive Officer

Yuichiro Abe

Executive Officer

Shinichiro Kaneko

Executive Officer

Masaki Eto
10The Dai-ichi Life Insurance Company, Limited

TitleName

Executive Officer

Kazuhiro Katayama

Executive Officer

Tetsunori Kanou

Executive Officer

Katsufumi Kubo

Executive Officer

Sanae Iguchi

Executive Officer

Koichiro Yoshida

Executive Officer

Jun Miyamoto

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, beliefor 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.

11The Dai-ichi Life Insurance Company, Limited