AFLAC INC
For the period ended May 6, 2024. Filed Mar 21, 2024.
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May 6, 2024 · Filed Mar 21, 2024
Contents
Perquisites
2023 Perquisites
The following table identifies the incremental cost to the Company of each perquisite included for 2023 in the All Other Compensation table.
| Name | Personal Use ofCompanyAircraft(1)($) | SecurityServices(2)($) | InternationalAssignmentAllowance(3)($) | Tax RelatedReimbursements(4)($) | Other(5)($) | Total Perquisitesand OtherPersonalBenefits(6)($) |
|---|---|---|---|---|---|---|
| Daniel P. Amos | 205,733 | 249,621 | — | — | 6,335 | 461,689 |
| Max K. Brodén | — | — | — | — | 29,509 | 29,509 |
| Frederick J. Crawford | 18,840 | 420 | 212,612 | 62,879 | 23,931 | 318,682 |
| Bradley E. Dyslin | — | — | — | — | 4,888 | 4,888 |
| Audrey Boone Tillman | 5,275 | — | — | — | 9,033 | 14,308 |
(1)Incremental cost for the personal use of corporate aircraft is the calculated standard hourly cost rate based upon actual operating expenses for corporate aircraft, including fuel costs, airport fees, catering, in-flight phone, crew travel expenses, and maintenance cost. This rate is recalculated annually. The personal use of corporate aircraft has been authorized by the Board for security reasons and to maximize the effectiveness of the executives’ time.
(2)Incremental costs for security services include the salaries and benefits of security officers and the actual costs of any security equipment, monitoring, and maintenance fees.
(3)This amount includes Company provided housing (in the amount of $141,528), which includes rent and utilities. All expenses were incurred as a direct result of Mr. Crawford's overseas assignment in Tokyo, Japan which ended on December 31, 2023. Certain amounts were paid in yen and all are converted to dollars by dividing the actual yen denominated payments by the 2023 weighted average exchange rate of 140.57 yen to the dollar.
(4)Amount included in the tax related reimbursements for Mr. Crawford represents Japan taxes and tax gross-up payments, which are designed to satisfy tax obligations arising solely as a result of his international assignment.
(5)Amounts included in the Other column include charges incurred by Mr. Amos for guest travel, by Mr. Brodén totaling $28,920 for personal tax return preparation and/or financial planning and guest travel, by Mr. Crawford for guest travel and personal tax return preparation and/or financial planning, by Mr. Dyslin for guest travel and Company paid gym membership fees and by Mrs. Tillman for guest travel and entertainment.
(6)The Company did not gross up for tax purposes any of the perquisites described in this table.
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