NOTICE OF GRANT OF STOCK OPTIONSAFLAC INCORPORATEDAND STOCK OPTION AGREEMENTID: 58-1167100Worldwide Headquarters1932 Wynnton RoadColumbus, Georgia 31999 NameOption Number:NumberAdd1Plan:PlanAdd2Add3

Effective «Date», you have been granted a Non-Qualifying Stock Option (NQ) to buy «shares» shares of Aflac Incorporated (the Company) stock at «price» per share. The total option price of the shares granted is «totalprice».

Shares will become fully vested on the date shown below if you continue your active membership on the Aflac Incorporated Board of Directors.

Duration of Option - Ten years from the effective date of the option (Option Term), or until one of the following conditions exist.

Upon the cessation of your membership on the Board of Directors for any reason other than death, disability or retirement, (as defined below), this Option to the extent not then exercisable (unvested), shall expire, and to the extent then exercisable (vested), shall remain exercisable until the expiration of the Option Term as provided above.

Upon the cessation of your membership on the Board of Directors due to death, disability, retirement (i.e., the cessation of membership on the Board of Directors either (1) after ten (10) years of service on the Board of Directors or (2) as of the date of the first annual Shareholders’ meeting of the Company on or after the date you attain age 75 and are no longer eligible to stand for reelection as per the By-laws of the Company) this Option to the extent not then exercisable (unvested), shall become immediately exercisable (vested), and shall remain exercisable until the expiration of the Option Term as provided above.