CITIZENS, INC. (NYSE:CIA) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

Item 5.02 Departure of Directors or Certain Officers; Election of
Directors; Appointment of Certain Officers; Compensatory
Arrangements of Certain Officers

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Item5.02 Departure of Directors or Certain Officers;
Election of Directors; Appointment of Certain Officers;
Compensatory Arrangements of Certain Officers

On May15, 2017, Citizens, Inc. (Citizens) announced it added a
new C-level officer role to its executive team by creating a
Chief Accounting Officer position at the Company and hiring Jeff
Conklin, age 47, for the role. Mr.Conklin was most recently Vice
President of Special Projects at American International Group,
Inc. (AIG), Life Retirement, Houston, and prior to that Director
and then Vice President of Financial Reporting at AIG. His career
at AIG spanned 13 years.

Mr.Conklin joins Citizens with over 25 years of life insurance
and financial reporting experience, having worked at Zurich Life
and Jackson National Life prior to joining AIG. He joins a
growing but experienced C-level Citizens team, which most
recently included the addition of Terry Festervand, Citizens COO,
who led the development and implementation of a SOX compliance
program throughout AIGs worldwide operations, prior to joining
Citizens. In addition to financial reporting, Mr.Conklin brings
Citizens expertise in budgeting, financial analysis and
implementing strategic accounting initiatives.

Mr.Conklins annual base salary will be $250,000 and he will
receive a one time signing bonus of $10,000. Mr.Conklin has not
entered into an employment agreement with Citizens.

A copy of the press release issued by Citizens regarding this
announcement is attached as Exhibit 99.1 and is incorporated
herein by reference.

Item9.01 Financial Statements and Exhibits

1

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About CITIZENS, INC. (NYSE:CIA)

Citizens, Inc. is an insurance holding company. The Company operates in three business segments: Life Insurance, Home Service and Other Non-Insurance Enterprises. The Life Insurance segment issues ordinary whole life insurance in the United States and in the United States Dollar-denominated amounts to foreign residents. It operates this segment through its subsidiaries, including CICA Life Insurance Company of America (CICA) and Citizens National Life Insurance Company (CNLIC). The Home Service segment sells limited-liability, named peril property policies covering dwelling and contents. Its home service insurance products consist of small face amount ordinary whole life and pre-need policies, which are designed to fund final expenses for the insured, primarily consisting of funeral and burial costs. The Other Non-insurance Enterprises segment includes Computing Technology, Inc. and Insurance Investors, Inc. This segment also includes the results of Citizens, Inc., the parent company.

CITIZENS, INC. (NYSE:CIA) Recent Trading Information

CITIZENS, INC. (NYSE:CIA) closed its last trading session up +0.10 at 6.05 with 367,411 shares trading hands.