Lifenet Insurance Company announced that it decided to elect new Executive Officers and the change in the position of Executive Officers at the Board of Directors meeting held on January 17, 2024, effective on April 1, 2024. Newly elected Executive Officers (effective on April 1, 2024): Hiroki Ito- New Position: Executive Officer of Direct Business Planning Department, Contact Center, Current Position: Head of Sales Planning Department, Sales & Marketing Division. Yasuhiro Hida- New Position: Executive Officer of Marketing Department, Brand Management Department, Current Position: Head of Marketing Department, Sales & Marketing Division.

Change in position of Executive Officers (effective on April 1, 2024): Ryosuke Kondo - New Position: Director Executive Officer of Partner Business Department Director, LIFENET MIRAI Inc., Current Position: Director Executive Officer of Sales & Marketing Division Director, LIFENET MIRAI Inc. Junpei Yokozawa - New Position: Director Executive Officer of IT Strategy Department, Information Systems Planning Department, Information Systems Operations Department, Data Science Promotion Office, Current Position: Director Executive Officer of Information Systems Strategy Division, Data Science Promotion Office. Tsutomu Matsuura - New Position: Executive Officer of CX Design Department, Customer Services Department, Claims Department, Current Position: Executive Officer of Customer Services Division. New management team will be as follows (effective on April 1, 2024): Takahiro Yamasaki - Director (Full-Time Audit and Supervisory Committee Member).

Keiko Hayashi - Outside Director (Audit and Supervisory Committee Member). Tomoyuki Yamashita - Outside Director (Audit and Supervisory Committee Member). Emima Abe - Outside Director (Audit and Supervisory Committee Member).

Brief career history of newly elected Executive Officers: Name (Date of Birth): Hiroki Ito (March 1, 1979). Brief Career History: April 2002 - Joined POLA Cosmetics, INC. (currently POLA INC.) August 2006 - Joined eLife Inc. July 2007 - Joined American Life Insurance Company Japan branch (currently MetLife Insurance K.K.) April 2017 - Office Manager, Direct Business HQ, Direct Business Planning Office April 2019 - Joined Lifenet Insurance Company July 2020 - Head of Data Science Promotion Office April 2021 - Head of CX Design Department, Sales & Marketing Division, Head of Data Science Promotion Office October 2022 - Head of Sales Planning Department, Sales & Marketing Division (incumbent). Name (Date of Birth): Yasuhiro Hida (August 1, 1980).

Brief Career History: April 2004 - Joined TOKYU AGENCY INC. November 2007 - Joined J-ROCK Co.,Ltd August 2010 - Joined Dentsu Public Relations Inc. (currently PR Consulting Dentsu Inc.) June 2012 - Joined Lifenet Insurance Company October 2018 - Head of Marketing Department, Sales & Marketing Division April 2021 - Head of Sales Planning Department, Sales & Marketing Division May 2023 - Head of Marketing Department, Sales & Marketing Division (incumbent).