Investor Presentaiton

Annualized Premiums from Insurance Policies NISSAY Nippon Life Insurance Company Our annualized premiums from new policies have steadily recovered close to pre-COVID-19 levels in FY2022 ■Our annualized premiums from policies in force have been stable and the latest result (as of the end of September 2023) was the highest compared to the last 5 fiscal years Annualized Premiums from New Policies¹ Annualized Premiums from Policies in Force¹ (\bn) ■ Nippon Life 600 513.9 Taiju Life Nippon Wealth Life Decrease due to COVID-19 and decrease of global (combined basis) ■ Hanasaku Life (\bn) ■ Nippon Life ■ Taiju Life Nippon Wealth Life (combined basis) Hanasaku Life 5,000 500 interest rates 407.2 394.3 404.4 4,534.6 4,524.5 4,508.9 4,594.4 4,569.5 4,694.2 400 4,500 307.0 300 253.1 4,000 177.1 200 311.2 250.4 273.9 3,500 100 209.9 235.4 105.9 122.6 0 3,000 FY2018 FY2019 FY2020 FY2021 FY2022 FY2022 FY2023 Apr-Sep Apr-Sep 2,500 2,000 • Increase in sales of 3,747.9 3,761.8 3,738.2 3,770.0 3,741.7 3,746.0 whole life insurance, etc. 1,500 + 59.7 +11.7 + 4.3 1,000 253.1 177.1 ⚫Increase in sales of single-payment products, etc. 500 FY2022 Sales Agency Apr-Sep representative channel Bancassurance channel FY2023 0 Apr-Sep Mar Mar Mar channel 2019 2020 2021 Mar 2022 Mar 2023 Sep 2023 1. Individual insurance and individual annuities. Combined basis is the sum of Nippon Life, Taiju Life, Nippon Wealth Life, and Hanasaku Life 11

View entire presentation