Mr. James Gallagher reports

MANULIFE APPOINTS MARYSCOTT GREENWOOD AS GLOBAL HEAD OF GOVERNMENT RELATIONS

Manulife Financial Corp. has appointed Maryscott (Scotty) Greenwood as global head of government relations, effective Oct. 16, 2023. Ms. Greenwood will focus her advocacy and education efforts nationally and internationally around company interests, enabling new business opportunities and growing shareholder value. She will serve as a member of the company's global leadership team, reporting to Manulife general counsel James D. Gallagher.

"We're pleased to have Scotty join Manulife to oversee our government relations activities," said Mr. Gallagher. "With her keen insights into the public policy environment impacting business, extensive experience in government relations between Canada and the U.S., and international diplomatic relations, she will be a tremendous asset to our organization."

Ms. Greenwood's experience includes roles as a corporate director, chief executive officer, founder and diplomat. Most recently, she served as the founding partner of Crestview Strategy U.S. LLC, a government relations consultancy based in Washington. Previously, she was managing director and group co-leader at Dentons U.S. LLP, leading client strategy for the Canadian, United States and federal government affairs practices for Dentons U.S. and its predecessor law firms. Before that, Ms. Greenwood served as a presidentially appointed U.S. diplomat posted at the U.S. Embassy in Ottawa, Canada, and chief of staff to the U.S. Ambassador.

Ms. Greenwood is the CEO of the Canadian American Business Council, the premier bilateral trade association whose members are Fortune 500 companies, as well as entrepreneurs and indigenous leaders.

She currently is a board member of the Foundation for Art & Preservation in Embassies, and the District Cup Foundation. Ms. Greenwood's previous corporate non-executive director roles include serving on the board of Nasdaq Stock Market-listed company Tilray. She was also a board member of Ottawa-based Spartan Bioscience, which developed an innovative COVID-19 test for Canadian federal and provincial government markets.

"I'm honoured to join a global insurer and asset manager that drives significant economic opportunity across the many markets it operates within around the world," said Maryscott Greenwood. "I look forward to working with the talented team in their continued work advocating for Manulife's mission, enabling new business and growing shareholder value."

About Manulife Financial Corp.

Manulife Financial is a leading international financial services provider, helping people make their decisions easier and lives better. With its global headquarters in Toronto, Canada, the company provides financial advice and insurance, operating as Manulife across Canada, Asia and Europe, and primarily as John Hancock in the United States. Through Manulife Investment Management, the global brand for the company's global wealth and asset management segment, Manulife Financial serves individuals, institutions and retirement plan members worldwide. At the end of 2022, the company had more than 40,000 employees, over 116,000 agents and thousands of distribution partners, serving over 34 million customers. Manulife Financial trades as MFC on the Toronto Stock Exchange, the New York Stock Exchange and the Philippine Stock Exchanges, and under 945 in Hong Kong.