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This Proxy Statement is furnished to shareholders in connection with the solicitation of proxies
by the Board of Directors of the Company for use at the Annual Meeting of Shareholders to be
held on Monday, May 1, 2017, and any adjournment thereof, for the purposes set forth in the
accompanying Notice of Annual Meeting of Shareholders and described in detail herein. The
Annual Meeting will be held at 10 a.m. at the Columbus Museum (in the Patrick Theatre), 1251
Wynnton Road, Columbus, Georgia.
The mailing address of our principal executive offices is Aflac Incorporated, 1932 Wynnton
Road, Columbus, Georgia 31999.
All properly executed proxies returned to the Company will be voted in accordance with
the instructions contained thereon. If you return your proxy with no voting instructions
indicated, the proxy will be voted FOR the election of all Director nominees named in this
Proxy Statement, FOR approval of Proposals 2 and 4 through 6, for holding advisory votes
on executive compensation every “year” (Proposal 3), and according to the discretion of the
proxy holders on any other matters that may properly come before the Annual Meeting or
any postponement or adjournment thereof. If you are a shareholder of record, you also may
submit your proxy online or by telephone in accordance with the procedures set forth in the
enclosed proxy, or you may vote in person at the Annual Meeting. Shareholders can revoke a
proxy at any time before it is exercised by giving written notice to that effect to the Secretary of
the Company or by submitting a later-dated proxy or subsequent internet or telephonic proxy.
Shareholders who attend the Annual Meeting may revoke any proxy previously granted and
vote in person orally or by written ballot.
This Proxy Statement and the accompanying proxy are being delivered to shareholders on or
about March 17, 2017.
Solicitation of Proxies
The Company will pay the cost of soliciting proxies. The Company will make arrangements with
brokerage firms, custodians, and other fiduciaries to send proxy materials to their customers,
and will reimburse these entities for the associated mailing and related expenses. In addition,
certain officers and other employees of the Company may solicit proxies by telephone and
by personal contacts, but those individuals will not receive additional compensation for those
efforts. The Company has retained Georgeson LLC to assist in the solicitation of proxies for a
fee of $9,500, plus reimbursement of reasonable out-of-pocket expenses.
Proxy Materials and Annual Report
As permitted by the SEC rules, we are making these proxy materials available to our
shareholders via the internet. Accordingly, we have mailed to most of our shareholders a notice
about the internet availability of this Proxy Statement and the Company’s 2016 Year in Review
and Annual Report on Form 10-K for the year ended December 31, 2016 (together, the “Annual
Report”) instead of paper copies of those documents. The notice contains instructions on how
to access those documents online, how to vote at
proxyvote.com, and how to request and
receive a paper copy of our proxy materials, including this Proxy Statement and our Annual
Report. If you select the online access option for the Proxy Statement, Annual Report, and
other account mailings through
af
linc
®
, the Company’s secure online account management
system, you will receive electronic notice of availability of these proxy materials. If you do
not receive a notice and did not already elect online access, you will receive a paper copy
of the proxy materials by mail. We believe providing online access to our critical documents
will conserve natural resources and reduce the costs of printing and distributing our
proxy materials.
Solicitation and Revocation of Proxy
AFLAC INCORPORATED
2017 PROXY STATEMENT
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