Mr. Dean Connor reports

SUN LIFE FINANCIAL ANNOUNCES APPOINTMENT OF HELENA PAGANO AS EXECUTIVE VICE-PRESIDENT, CHIEF HUMAN RESOURCES AND COMMUNICATIONS OFFICER

Sun Life Financial Inc. has appointed Helena Pagano as executive vice-president, chief human resources and communications officer, effective June 11, 2018.

Reporting to Dean Connor, president and chief executive officer, Ms. Pagano is responsible for leading Sun Life's enterprise-wide human resources and communications strategies, programs, and governance. It is a critically important role as the company drives for a disproportionate share of top talent, wrapped in a diverse, inclusive and engaging culture.

"Since joining Sun Life, Helena has had a big impact, enhancing our approach to global wellness, data and analytics, and our employee agile program," said Mr. Connor, president and CEO, Sun Life Financial. "She demonstrates the leadership and forward-thinking that will continue to support our Client For Life strategy and purpose of helping clients achieve financial security and live healthier lives."

Ms. Pagano brings deep global human resources expertise, with more than 20 years in financial services supporting retail and institutional businesses. Prior to joining Sun Life, she held several senior roles in financial services. She joins an executive team committed to creating a diverse and inclusive work force, which includes strong female representation in leadership roles. Ms. Pagano succeeds Carrie Blair, who announced her retirement from Sun Life earlier this year.

Ms. Pagano is a board member of the Artists' Health Alliance and is a member of the United Way's Major Individual Giving Cabinet.

About Sun Life Financial Inc.

Sun Life Financial is a leading international financial services organization providing insurance, wealth and asset management solutions to individual 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 March 31, 2018, Sun Life Financial had total assets under management of $979-billion.