AFLAC INC

Ticker: AFL CUSIP: 001055102 Class: COM

STATE OF MICHIGAN RETIREMENT SYSTEM's Holding History (CIK: 0000762152)

Note: Option positions (PUT/CALL) are excluded.

Q4 2025

Shares 128,107 Value ($000) $14,126 Avg Close $109.84 Range $104.88 - $115.24

Q3 2025

Shares 138,007 Value ($000) $15,415 Avg Close $104.19 Range $95.92 - $111.27

Q2 2025

Shares 140,107 Value ($000) $14,776 Avg Close $103.63 Range $95.64 - $111.63

Q1 2025

Shares 142,707 Value ($000) $15,868 Avg Close $104.07 Range $97.85 - $109.99

Q4 2024

Shares 144,107 Value ($000) $14,906 Avg Close $106.42 Range $98.14 - $112.95

Q3 2024

Shares 146,507 Value ($000) $16,379 Avg Close $98.75 Range $85.31 - $109.20

Q2 2024

Shares 150,807 Value ($000) $13,469 Avg Close $83.08 Range $76.45 - $88.37

Q1 2024

Shares 154,507 Value ($000) $13,266 Avg Close $78.75 Range $71.92 - $83.15

Q4 2023

Shares 155,907 Value ($000) $12,862 Avg Close $76.99 Range $71.36 - $81.07

Q3 2023

Shares 148,207 Value ($000) $11,375 Avg Close $70.52 Range $65.38 - $74.33

Q2 2023

Shares 151,207 Value ($000) $10,554 Avg Close $63.22 Range $59.39 - $66.59

Q1 2023

Shares 153,707 Value ($000) $9,917 Avg Close $64.27 Range $56.68 - $69.28

Q4 2022

Shares 153,807 Value ($000) $11,065 Avg Close $62.49 Range $52.22 - $68.04

Q3 2022

Shares 155,607 Value ($000) $8,745 Avg Close $54.56 Range $49.04 - $59.78

Q2 2022

Shares 159,907 Value ($000) $8,848 Avg Close $54.37 Range $48.14 - $61.69

Q1 2022

Shares 185,879 Value ($000) $11,969 Avg Close $57.30 Range $52.99 - $61.09

Q4 2021

Shares 187,777 Value ($000) $10,964 Avg Close $50.98 Range $47.30 - $54.02

Q3 2021

Shares 172,705 Value ($000) $9,003 Avg Close $49.44 Range $46.32 - $52.20

Q2 2021

Shares 176,705 Value ($000) $9,482 Avg Close $49.03 Range $45.61 - $51.92

Q1 2021

Shares 176,805 Value ($000) $9,049 Avg Close $42.88 Range $38.24 - $47.32

Q4 2020

Shares 180,405 Value ($000) $8,023 Avg Close $36.33 Range $29.51 - $41.33

Q3 2020

Shares 184,505 Value ($000) $6,707 Avg Close $32.08 Range $29.69 - $34.18

Q2 2020

Shares 183,205 Value ($000) $6,601 Avg Close $31.58 Range $26.40 - $37.04

Q1 2020

Shares 168,190 Value ($000) $5,759 Avg Close $39.67 Range $20.09 - $46.30

Q4 2019

Shares 177,490 Value ($000) $9,389 Avg Close $45.85 Range $43.46 - $47.70

Q3 2019

Shares 177,990 Value ($000) $9,312 Avg Close $45.37 Range $41.49 - $49.03

Q2 2019

Shares 178,490 Value ($000) $9,783 Avg Close $44.08 Range $41.19 - $47.73

Q1 2019

Shares 216,190 Value ($000) $10,810 Avg Close $40.99 Range $37.56 - $43.21

Q4 2018

Shares 217,990 Value ($000) $9,932 Avg Close $37.59 Range $34.96 - $40.18

Q3 2018

Shares 228,790 Value ($000) $10,769 Avg Close $38.48 Range $35.34 - $40.65

Q2 2018

Shares 1,621,880 Value ($000) $69,773 Avg Close $37.56 Range $35.38 - $38.58

Q1 2018

Shares 4,875,939 Value ($000) $213,371 Avg Close $36.79 Range $34.34 - $38.26

Q4 2017

Shares 2,801,982 Value ($000) $245,958 Avg Close $35.30 Range $33.57 - $37.23

Q3 2017

Shares 2,806,682 Value ($000) $228,436 Avg Close $33.11 Range $31.43 - $34.85

Q2 2017

Shares 2,817,182 Value ($000) $218,839 Avg Close $30.73 Range $29.39 - $32.75

Q1 2017

Shares 2,818,582 Value ($000) $204,122 Avg Close $28.82 Range $26.95 - $29.90

Q4 2016

Shares 2,879,562 Value ($000) $200,418 Avg Close $28.46 Range $27.35 - $29.81

Q3 2016

Shares 2,889,026 Value ($000) $207,634 Avg Close $29.23 Range $28.45 - $30.01

Q2 2016

Shares 2,889,926 Value ($000) $208,537 Avg Close $27.28 Range $24.92 - $28.91

Q1 2016

Shares 3,314,495 Value ($000) $209,277 Avg Close $23.58 Range $21.57 - $25.62

Q4 2015

Shares 5,203,009 Value ($000) $311,660 Avg Close $24.53 Range $22.30 - $26.30

Q3 2015

Shares 5,972,709 Value ($000) $347,194 Avg Close $23.69 Range $20.19 - $25.39

Q2 2015

Shares 4,755,409 Value ($000) $295,786 Avg Close $24.64 Range $23.94 - $25.40

Q1 2015

Shares 309,909 Value ($000) $19,837 Avg Close $23.60 Range $21.75 - $25.08

Q4 2014

Shares 185,609 Value ($000) $11,339 Avg Close $22.70 Range $21.06 - $24.08

Q3 2014

Shares 185,709 Value ($000) $10,818 Avg Close $23.24 Range $22.10 - $24.44

Q2 2014

Shares 186,109 Value ($000) $11,585 Avg Close $23.68 Range $22.93 - $24.40

Q1 2014

Shares 186,009 Value ($000) $11,726 Avg Close $23.98 Range $22.74 - $25.09

Q4 2013

Shares 189,509 Value ($000) $12,659 Avg Close $24.61 Range $23.18 - $25.44

Q3 2013

Shares 189,209 Value ($000) $11,729 Avg Close $22.45 Range $20.86 - $23.67

Q2 2013

Shares 189,309 Value ($000) $11,003 Avg Close $20.11 Range $17.94 - $21.85

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	128,107	$14,126	$109.84	$104.88 - $115.24
Q3 2025	138,007	$15,415	$104.19	$95.92 - $111.27
Q2 2025	140,107	$14,776	$103.63	$95.64 - $111.63
Q1 2025	142,707	$15,868	$104.07	$97.85 - $109.99
Q4 2024	144,107	$14,906	$106.42	$98.14 - $112.95
Q3 2024	146,507	$16,379	$98.75	$85.31 - $109.20
Q2 2024	150,807	$13,469	$83.08	$76.45 - $88.37
Q1 2024	154,507	$13,266	$78.75	$71.92 - $83.15
Q4 2023	155,907	$12,862	$76.99	$71.36 - $81.07
Q3 2023	148,207	$11,375	$70.52	$65.38 - $74.33
Q2 2023	151,207	$10,554	$63.22	$59.39 - $66.59
Q1 2023	153,707	$9,917	$64.27	$56.68 - $69.28
Q4 2022	153,807	$11,065	$62.49	$52.22 - $68.04
Q3 2022	155,607	$8,745	$54.56	$49.04 - $59.78
Q2 2022	159,907	$8,848	$54.37	$48.14 - $61.69
Q1 2022	185,879	$11,969	$57.30	$52.99 - $61.09
Q4 2021	187,777	$10,964	$50.98	$47.30 - $54.02
Q3 2021	172,705	$9,003	$49.44	$46.32 - $52.20
Q2 2021	176,705	$9,482	$49.03	$45.61 - $51.92
Q1 2021	176,805	$9,049	$42.88	$38.24 - $47.32
Q4 2020	180,405	$8,023	$36.33	$29.51 - $41.33
Q3 2020	184,505	$6,707	$32.08	$29.69 - $34.18
Q2 2020	183,205	$6,601	$31.58	$26.40 - $37.04
Q1 2020	168,190	$5,759	$39.67	$20.09 - $46.30
Q4 2019	177,490	$9,389	$45.85	$43.46 - $47.70
Q3 2019	177,990	$9,312	$45.37	$41.49 - $49.03
Q2 2019	178,490	$9,783	$44.08	$41.19 - $47.73
Q1 2019	216,190	$10,810	$40.99	$37.56 - $43.21
Q4 2018	217,990	$9,932	$37.59	$34.96 - $40.18
Q3 2018	228,790	$10,769	$38.48	$35.34 - $40.65
Q2 2018	1,621,880	$69,773	$37.56	$35.38 - $38.58
Q1 2018	4,875,939	$213,371	$36.79	$34.34 - $38.26
Q4 2017	2,801,982	$245,958	$35.30	$33.57 - $37.23
Q3 2017	2,806,682	$228,436	$33.11	$31.43 - $34.85
Q2 2017	2,817,182	$218,839	$30.73	$29.39 - $32.75
Q1 2017	2,818,582	$204,122	$28.82	$26.95 - $29.90
Q4 2016	2,879,562	$200,418	$28.46	$27.35 - $29.81
Q3 2016	2,889,026	$207,634	$29.23	$28.45 - $30.01
Q2 2016	2,889,926	$208,537	$27.28	$24.92 - $28.91
Q1 2016	3,314,495	$209,277	$23.58	$21.57 - $25.62
Q4 2015	5,203,009	$311,660	$24.53	$22.30 - $26.30
Q3 2015	5,972,709	$347,194	$23.69	$20.19 - $25.39
Q2 2015	4,755,409	$295,786	$24.64	$23.94 - $25.40
Q1 2015	309,909	$19,837	$23.60	$21.75 - $25.08
Q4 2014	185,609	$11,339	$22.70	$21.06 - $24.08
Q3 2014	185,709	$10,818	$23.24	$22.10 - $24.44
Q2 2014	186,109	$11,585	$23.68	$22.93 - $24.40
Q1 2014	186,009	$11,726	$23.98	$22.74 - $25.09
Q4 2013	189,509	$12,659	$24.61	$23.18 - $25.44
Q3 2013	189,209	$11,729	$22.45	$20.86 - $23.67
Q2 2013	189,309	$11,003	$20.11	$17.94 - $21.85