Mr. Dean Connor reports

SUN LIFE FINANCIAL ANNOUNCES EXECUTIVE CHANGES

Sun Life Financial Inc. has made three changes to Sun Life Financial's executive team, effective May 29, 2017:

• Kevin Strain, currently president, Sun Life Financial Asia, will become executive vice-president and chief financial officer;
• Claude Accum, currently executive vice-president and chief risk officer, will assume the role of president, Sun Life Financial Asia;
• Colm Freyne, currently executive vice-president and chief financial officer, will become executive vice-president and chief risk officer.

"Today's announcement speaks to the depth and breadth of our leadership team, and supports continued execution of our four-pillar strategy. Kevin, Claude and Colm each possess extensive Sun Life experience that will serve us well as they take on their new portfolios," said Dean Connor, president and chief executive officer, Sun Life Financial. "These moves also highlight our ongoing focus on developing our people, including the unique experiences that come with operating businesses in diverse geographies around the world."

The following executives will continue to serve as members of Mr. Connor's executive team:

• Kevin Dougherty, president, Sun Life Financial Canada;
• Dan Fishbein, president, Sun Life Financial U.S.;
• Steve Peacher, president, Sun Life Investment Management;
• Carrie Blair, executive vice-president, chief human resources and communications officer;
• Melissa Kennedy, executive vice-president, chief legal officer and public affairs;
• Mark Saunders, executive vice-president and chief information officer.

"I'm privileged to work alongside such a talented executive team, one where each member is tremendously committed to our clients and to our goal to be one of the best insurance and asset management companies in the world," Mr. Connor concluded.

Current biographies and photographs of Sun Life's executive team are available at the Sunlife website.

About Sun Life Financial Inc.

Sun Life Financial is a leading international financial services organization providing a diverse range of insurance, wealth and asset management solutions to individuals and corporate clients. Sun Life Financial has operations in a number of markets worldwide, including Canada, the United States, the United Kingdom, Ireland, Hong Kong, the Philippines, Japan, Indonesia, India, China, Australia, Singapore, Vietnam, Malaysia and Bermuda. As of Dec. 31, 2016, Sun Life Financial had total assets under management of $903-billion.