Dai ichi Life : to Appoint Executive Officers

[Unofficial Translation]

[Unofficial Translation]

February 14, 2017

Koichiro Watanabe Representative Director, President

The Dai-ichi Life Insurance Company, Limited

Dai-ichi Life to Appoint Executive Officers

The Dai-ichi Life Insurance Company, Limited (President: Koichiro Watanabe) hereby announces that it will appoint the following executive officers effective April 1, 2017.

1. Changes of titles, retirement and newly appointment of Directors and Executive Officers

2. Changes of Titles (as of April 1, 2017)

   As of April 1, 2017	Current title	Name
   Representative Director, Deputy Chairman	Director, Senior Managing Executive Officer	Hideo Teramoto
   Representative Director, Deputy President Chief General Manager, Financial Institution Relations	Representative Director, Deputy President	Satoru Tsutsumi
   Representative Director, Deputy President	Representative Director, Senior Managing Executive Officer	Kenji Sakurai
   Director, Managing Executive Officer	Director, Executive Officer	Hiroshi Shoji
   Managing Executive Officer Chief General Manager, Kansai Operations Bureau	Managing Executive Officer Chief General Manager, Eastern Market	Masahiro Takashima
   Managing Executive Officer Chief General Manager, Investment	Executive Officer Chief General Manager, Investment	Tetsuya Kikuta
   Managing Executive Officer	Executive Officer	Munehiro Uryu
   Executive Officer Chief General Manager, Urban Central Market	Executive Officer	Hideki Higuchi
   Executive Officer Chief General Manager, Eastern Market	Executive Officer	Yasutaka Shimokawa

3. Retiring Officer (as of March 31, 2017)

   Current title	Name	Remarks
   Director, Senior Managing Executive Officer	Takashi Kawashima	Takashi Kawashima will be appointed as a Representative Director, President of The Dai-ichi Frontier Life Insurance Co., Ltd. on April 1, 2017.
   Director, Senior Managing Executive Officer	Koichi Maruno	Koichi Maruno will be appointed as a Representative Director, President of The Dai-ichi Life Research Institute INC on April 1, 2017.

   Current title	Name	Remarks
   Managing Executive Officer	Nobuyuki Akimoto	Nobuyuki Akimoto will be appointed as an Advisor to The Dai-ichi Life Insurance Co., Ltd. on April 1, 2017.
   Executive Officer	Tatsusaburo Yamamoto	Tatsusaburo Yamamoto will be appointed as a Managing Executive Officer of Dai-ichi Life Holdings, Inc. on April 1, 2017.

4. Appointment of New Executive Officers (as of April 1, 2017)

   As of April 1, 2017	Name
   Director, Senior Managing Executive Officer	Kazuma Ishii
   Executive Officer	Kozo Kita
   Executive Officer	Yasumasa Iwai
   Executive Officer	Yoshitaka Okumura

   Note : The appointment of Kazuma Ishi is based on the premise of an approval from the authority．

5. Directors, Audit and Supervisory Board Members and Executive Officers as of April 1, 2017

As of April 1, 2017	Name
Representative Director, Chairman of the Board	Koichiro Watanabe
Representative Director, Deputy Chairman	Hideo Teramoto
Representative Director, President	Seiji Inagaki
Representative Director, Deputy President	Satoru Tsutsumi
Representative Director, Deputy President	Kenji Sakurai
Director, Senior Managing Executive Officer	Kazuma Ishii
Director, Managing Executive Officer	Satoru Sato
Director, Managing Executive Officer	Masamitsu Nambu
Director, Managing Executive Officer	Masao Taketomi
Director, Managing Executive Officer	Hideo Hatanaka
Director, Managing Executive Officer	Hiroshi Shoji
Director	Morinobu Nagahama
Director	Michiko Miyamoto
Director	Keisuke Yokoo
Audit and Supervisory Board Member(Full-Time)	Atsushi Nagayama
Audit and Supervisory Board Member(Full-Time)	Ryuichi Yamamoto
Audit and Supervisory Board Member	Tsuneaki Taniguchi
Audit and Supervisory Board Member	Takehiko Nagasaki
Audit and Supervisory Board Member	Sanae Tanaka
Managing Executive Officer	Akio Tanaka
Managing Executive Officer	Atsushi Takahashi
Managing Executive Officer	Masahiro Takashima
Managing Executive Officer	Katsuhisa Watanabe
Managing Executive Officer	Kimihiro Sato
Managing Executive Officer	Tetsuya Kikuta
Managing Executive Officer	Munehiro Uryu
Executive Officer	Chieko Takahashi
Executive Officer	Sumie Watanabe
Executive Officer	Mitsunori Moriguchi
Executive Officer	Takahiro Shibagaki
Executive Officer	Yasuhiro Miyata
Executive Officer	Ichiro Okamoto
Executive Officer	Kaneo Hasumi
Executive Officer	Hideki Higuchi
Executive Officer	Ryuzo Akamatsu
Executive Officer	Yasutaka Shimokawa