Comparison table

(Amended sections are underlined)

Current Articles of Incorporation

Proposed Amendments

(Objectives)

(Objectives)

Article 2. (Omitted)

Article 2. (Unchanged)

(1) (Omitted)

(1) (Unchanged)

(2) Any otherbusiness pertaining to the foregoing

(2) Any business pertaining to the foregoing item

item (1).

(1).

(Newly Established)

(3) In addition to the forgoing items (1) and (2), any

other business that an insurance holding company

may conduct under the Insurance Business Act.

Articles 3 to 15

Articles 3 to 15

(Omitted)

(Unchanged)

(Disclosure of reference materials for general meetings

(Deleted)

of shareholders, etc. via the Internet and deemed

provision thereof)

Article 16. When convening a general meeting of

shareholders, the Company may be deemed to

have provided shareholders with necessary

information that is required to be described or

presented in reference materials for the general

meeting of shareholders, business reports, non-

consolidated and consolidated financial

statements, if it is disclosed via the Internet in

accordance with the Ministry of Justice

Ordinance.

(Newly established)

(Measures for electronic provision of information,

etc.)

Article 16. When convening a general meeting of

shareholders, the Company shall electronically

provide information contained in reference

materials for the general meeting of

shareholders, etc.

2. Among the matters to be provided

electronically, the Company may choose not to

include all or part of the matters stipulated in the

Ministry of Justice Ordinance in paper-based

format to be delivered to shareholders who have

requested it by the record date for vesting voting

rights.

Current Articles of Incorporation

Proposed Amendments

Articles 17 to 40

Articles 17 to 40

(Omitted)

(Unchanged)

(Newly established)

Supplementary Provisions

1. The replacement to Article 16 of these Articles of

Incorporation shall come into effect on the date

of enforcement of the amended provisions

stipulated in the proviso to Article 1 of the

supplementary provisions of the Act Partially

Amending the Companies Act (Act No. 70 of

2019) (the "Effective Date").

2. Notwithstanding the provisions of the foregoing

paragraph, Article 16 of the current Articles of

Incorporation (Disclosure of reference materials

for general meetings of shareholders, etc. via the

Internet and deemed provision thereof) shall

remain in force with respect to any general

meeting of shareholders held on a date within six

months from the Effective Date.

3. These supplementary provisions shall be deleted

after the lapse of six months from the Effective

Date or three months from the date of the general

meeting of shareholders set forth in the foregoing

paragraph, whichever is later.