Notice to Employees and Eligible Employees of YKK Corporation of America

This document is about a notice to employees and eligible employees of YKK Corporation of America regarding their application to the U.S. Department of Labor for authorization under Prohibited Transaction Exemption 96-62 to allow the reinsurance of risks and receipt of premiums by their captive insurance company, YKK Insurance Company of America (YKK ICA), from an insurance contract funding YKK's basic life and accidental death and dismemberment program. The notice outlines the proposed transaction, the parties involved, the changes to the plan benefits, and the employee's right to comment on the tentative authorization.