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Aflac

May 6, 2008

The shareholders of family-controlled Aflac Inc have overwhelmingly approved the company's pay-for-performance compensation policies.

The shareholders of family-controlled Aflac Inc have overwhelmingly approved the company's pay-for-performance compensation policies – a strategy put forward by second-generation chairman and CEO Daniel P Amos (pictured).

Ninety three percent of votes were cast in favour of "Say-on-Pay" with only 2.5% against. The historic vote marks the first time shareholders were empowered to vote on executive compensation at a public company in the US.

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