We are pleased to announce that on June 26, 2026, Naoki Ogi has been appointed Representative Director and President of FEA Inc. and Life Navi Partners Inc. (Headquarters: Both companies located in Nakano-ku, Tokyo). ■Biography of New Representative Director and President Naoki Ogi (born October 15, 1964) April 1988: Joined Asahi Mutual Life Insurance Company April 2018: Executive Officer, Ibaraki Branch Manager, Asahi Mutual Life Insurance Company April 2021: Senior Executive Officer, Tokyo General Manager, Asahi Mutual Life Insurance Company April 2023: Senior Executive Officer, Shintoshin General Manager, Asahi Mutual Life Insurance Company April 2026: FEA Inc. and Life Navi Partners Inc. (Seconded from Asahi Mutual Life Insurance Company) June 2026: Appointed Representative Director and President, FEA Inc. and Life Navi Partners Inc. ■Regarding the Merger of Both Companies FEA Inc. and Life Navi Partners Inc. plan to restructure their insurance agency business through an absorption-type merger (stipulated in Article 749 of the Companies Act), with FEA Inc. as the surviving company and Life Navi Partners Inc. as the absorbed company, in October 2026, following the prescribed procedures based on laws and regulations. Through this merger, we will further promote the practice of 'customer-first business operations'. ■Purpose of the Merger - Maximizing Synergy: By sharing the strengths and know-how of both companies, we aim to maximize sales and service capabilities to provide more appropriate consulting in line with revisions to the Insurance Business Act. - Building a New Business Model: We will introduce the 'MC Expert Cloud'*, a system that enables prompt proposals based on customer intentions, and deploy unprecedented high-quality consulting services nationwide. * A sales support system with a function to compare and recommend insurance products. - Streamlining Management: While expanding the sales and service network (from 58 to 75 locations), we will achieve i