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AFLAC INCORPORATED
2017 PROXY STATEMENT
1
This summary highlights information contained elsewhere in
this Proxy Statement. This summary does not contain all of the
information that you should consider and you should read the
entire Proxy Statement before voting.
For more complete information regarding the Company’s 2016 performance, please review the
Company’s Annual Report on Form 10-K. In this Proxy Statement, the terms “Company,” “we,”
or “our” refer to Aflac Incorporated, and the term “Aflac” refers to the Company’s subsidiary,
American Family Life Assurance Company of Columbus, which operates in the United States
(“Aflac U.S.”) and as a branch in Japan (“Aflac Japan”).
Proxy Summary
ANNUAL MEETING OF
SHAREHOLDERS
Date
Monday, May 1, 2017
Time
10:00 am
Place
Columbus Museum
(the Patrick Theatre),
1251 Wynnton Road,
Columbus, Georgia
Record Date
February 22, 2017
Information about our Board Members
3
2
2
3
1
Minorities or women (6 of 11)
12+ years
5
(45%)
5–12 years
1
(9%)
0–4 years
5
(45%)
BOARD TENURE
2017 Non-management Directors (11)
DIVERSITY OF SKILLS AND EXPERIENCE
AGENDA AND VOTING MATTERS
Proposal
Board
recommendation Page
1. to elect fourteen Directors of the Company
For each
nominee
8
2. to consider a non-binding advisory proposal on the
Company’s executive compensation (“say-on-pay”)
For
60
3. to hold a non-binding vote on the frequency of
future say-on-pay votes
For every
year
61
4. to ratify the appointment of KPMG LLP as
the Company’s independent registered public
accounting firm
For
64
5. to approve the adoption of the 2017 LTIP
For
65
6. to approve the adoption of the 2018 MIP
For
72
Risk Mgmt. Experience
Industry Experience
Public Health Experience
Current or former CEO
Operations Experience
Independent
Japanese Market Expertise
Financial Expertise
Female Director
Minority Director