An anonymous director reports

MANULIFE DECLARES COMMON SHARE DIVIDEND

Manulife Financial Corp. will pay a quarterly common shareholders' dividend of 36.5 cents per share on the common shares of the company on and after Dec. 19, 2023, to shareholders of record at the close of business on Nov. 22, 2023.

In respect of the company's canadian dividend reinvestment and share purchase plan and its U.S. dividend reinvestment and share purchase plan, the company will purchase common shares on the open market in connection with the reinvestment of dividends and optional cash purchases under these plans. The purchase price of these common shares will be based on the average of the actual cost to purchase them and there are no applicable discounts.

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 Manulife Financial's global wealth and asset management segment, the company serves individuals, institutions and retirement plan members worldwide. At the end of 2022, Manulife Financial had more than 40,000 employees, over 116,000 agents and thousands of distribution partners, serving over 34 million customers.