AFLAC INC — Director's Dealing 2020

May 5, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AFLAC INC (AFL)
CIK: 0000004977
Period of Report: 2020-05-01

Reporting Person: RIMER BARBARA K (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-05-01	Common Stock	M	11026	$25.445	Acquired	36982	Direct
2020-05-01	Common Stock	S	11026	$36.233	Disposed	25956	Direct
2020-05-04	Common Stock	A	4336	—	Acquired	30292	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-05-01	Director Stock Option	$25.445	M	11026	Disposed	2020-08-10	Common Stock (11026.0)	Direct

Footnotes

F1: Granted under the Aflac Incorporated Long-Term Incentive Plan (as Amended and Restated February 14, 2017).

F2: The option becomes exercisable in four equal annual installments on August 10, 2011, 2012, 2013 and 2014.