Millea Holdings, Inc. hereby announces the following proposed changes regarding its directors and corporate auditors, which will become effective as of the date of the general shareholders’ meeting to be held in late June.

1. Changes regarding representative directors 
    (1) Promotion
        Yasuo Yaoita
        New Position: Senior Managing Director (Representative Director)
        Former Position: Managing Director (Representative Director) 

    (2) Scheduled resignation
         Katsuo Handa
         Executive Vice President (Representative Director)

2. Other changes
   (1) Candidates for directors
        Tomochika Iwashita
                 Director
        Morio Ishii 
                 Director
        Hiroshi Amemiya
                 Director
   (2) Candidates for corporate auditors
        Shoji Ueno
                 Standing Corporate Auditor
        Tetsuo Kamioka
                 Standing Corporate Auditor
   (3) Scheduled resignation of directors
        Shoji Ueno
                 Director
        Yasuo Tago
                 Director
        Yoichiro Iwama
                 Director
   (4) Scheduled resignation of corporate auditors
        Takehisa Kikuchi
                 Standing Corporate Auditor
        Yukiteru Noji
                 Standing Corporate Auditor