Lifenet Insurance : Changes in Directors

NEWS RELEASE

May 13, 2021

Ryosuke Mori, President

LIFENET INSURANCE COMPANY

(Securities Code: 7157, TSE Mothers)

Changes in Directors

TOKYO, May 13, 2021 - LIFENET INSURANCE COMPANY (TSE Mothers 7157, President Ryosuke Mori, URL: https://ir.lifenet-seimei.co.jp/en/) announces the change in the Directors. Election of newly Director is subject to the approval of the proposals at the 15th Annual General Meeting of Shareholders scheduled to be held on June 20, 2021.

1. Newly elected Director (effective on June 20, 2021)

	Name		New Position		Current Position
					General Manager of Corporate
	Takeshi Saito		Outside Director		Strategy Planning Department,
			Managing Executive Officer,
					au Financial Holdings Corporation

2. Resignation of Director (effective on June 20, 2021)

Name	Current Position
	Outside Director
Yasuhiro Morita	Managing Executive Officer, au Financial Holdings Corporation
	Executive Officer, au Kabucom Securities Co., Ltd.

New management team after June 20, 2021 will be as follows:

	Position			Name			Areas of Responsibility and
					Concurrent External Positions
Representative Director		Ryosuke Mori		Internal Auditing Department
and President
Director,
Executive Vice President		Yasuhiro Koba		Sales & Marketing Division
Executive Officer
Director (Newly elected)					Corporate Planning Department,
	Ryosuke Kondo		Product Development Department,
Executive Officer
				Investment Department
Director (Newly elected)		Junpei Yokozawa		Customer Services Division,
Executive Officer			Information Systems Strategy Division
Outside Director		Yutaka Mizukoshi		Senior Advisor, The Boston Consulting
		Group
							General Manager of Corporate
Outside Director		Takeshi Saito		Strategy Planning Department,
(Newly elected)			Managing Executive Officer,
							au Financial Holdings Corporation

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NEWS RELEASE

Director
(Full-Time Audit and	Takahiro Yamasaki	－
Supervisory Committee
Member) (Newly elected)
Outside Director		Executive Board Member,
(Audit and Supervisory
Keiko Hayashi	The Japanese Institute of Certified
Committee Member)
	Public Accountants
(Newly elected)
Outside Director
(Audit and Supervisory	Tomoyuki Yamashita	Representative Director and President,
Committee Member)	Aon Solutions Japan Ltd.
(Newly elected)
Executive Officer		Human Resources & General Affairs
CCO (Chief Compliance Officer)
Kaoru Katada	Department, Legal Department, Risk
CISO (Chief Information Security
	Management Department
Officer)
		Accounting Department, Actuarial
Executive Officer	Iwao Kishimoto	Department, Data Science Promotion
		Office

(Appendix) Brief career histories of newly elected Director

Name		Brief Career History
(Date of Birth)
	Mar. 1989	Joined DDI Corporation (currently KDDI
		CORPORATION)
	Apr. 2014	General Manager,
		Consumer Business Management Department
		Consumer Business Strategy Division
	Apr. 2019	General Manager,
Takeshi Saito		Finance Analysis & Planning Department
(September 19, 1966)		Corporate Management Division
	Apr. 2021	General Manager of Corporate Strategy Planning
		Department, Managing Executive Officer,
		au Financial Holdings Corporation (incumbent)
	Apr. 2021	Director, au Financial Service Corporation
		(incumbent)
	Apr. 2021	Director, au Payment Corporation (incumbent)

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NEWS RELEASE

About LIFENET URL：https://ir.lifenet-seimei.co.jp/en/

Remembering to the original purpose of life insurance - mutual support - LIFENET INSURANCE COMPANY 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 Department

Tel: [phone]

e-mail:[e-mail]

Disclaimer: This is a summarized translation/version of the original Japanese document, prepared and provided solely for readers' convenience. In case of any discrepancy or dispute, the Japanese document prevails.

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