Japan Post Holdings Sells 12,700 Shares of Aflac ($AFL) via Rule 10b5-1 Plan

Transaction Overview

On August 27, 2026, Japan Post Holdings Co., Ltd., a 10% beneficial owner of Aflac Inc. ($AFL), executed open-market sales totaling 12,700 shares of Common Stock across two tranches under a pre-established Rule 10b5-1 trading plan:

• Tranche 1: 12,260 shares sold at a weighted average price of $116.65 (ranging from $116.19 to $117.19).
• Tranche 2: 440 shares sold at a weighted average price of $117.25 (ranging from $117.20 to $117.34).

The combined transaction value stands at approximately $1.48 million.

Ownership Structure & Context

• Nature of Beneficial Ownership: The shares are held directly by J&A Alliance Holdings Corporation in its capacity as trustee of the J&A Alliance Trust, with Japan Post Holdings deemed a beneficial owner as the sole settlor and beneficiary.
• Remaining Holdings: Following these transactions, Japan Post Holdings continues to beneficially hold 50,739,690 shares of Aflac Common Stock.
• Significance Assessment: The sale represents less than 0.03% of Japan Post's total position in Aflac and was executed under a Rule 10b5-1 trading plan, indicating routine programmatic rebalancing rather than a shift in fundamental sentiment.