Mr. Brian Kernohan reports

MANULIFE RELEASES 2025 SUSTAINABILITY REPORT AND PUBLIC ACCOUNTABILITY STATEMENT

Manulife Financial Corp. today released its 2025 sustainability report and its 2025 public accountability statement, detailing its approach, performance and achievements relative to its sustainability strategy.

Highlights from the firm's 2025 sustainability report that support Manulife's Impact Agenda to empower health and well-being, support financial resilience, and contribute to a healthier planet include the following:

• Launched the Manulife Longevity Institute to advance research, thought leadership, innovation, advocacy and community partnerships focused on longevity, committing $350-million through 2030 to help people live longer, healthier and more financially secure lives.
• Supported communities through paid volunteer time, company matching and Manulife's global impact hub. In 2025, employees contributed more than 49,000 volunteer hours across 18 countries and employee giving reached $8.8-million.
• Launched the inaugural Longevity Preparedness Index in collaboration with the MIT AgeLab, establishing new benchmarks for how United States adults prepare for longer lives. These insights will inform how we support customers across eight dimensions of longevity preparedness.
• Released findings from the company's 2025 Asia Care Survey, highlighting that people across Asia are increasingly prioritizing quality of life, financial independence and aging with dignity as life expectancy rises.
• Established Manulife Impact Forests, a global network of restoration sites supporting climate resilience, biodiversity and community benefits. The initiative now spans five countries and has restored more than 160 hectares of land.
• Became the first life and health insurer to support a national nature prescription program, helping expand PaRx, the B.C. Parks Foundation's globally recognized initiative. Through this partnership, over 4,000 health care professionals will prescribe time in nature, connecting over 670,000 participants with improved health and well-being.
• Ran the Innovating for Asia's Demographic Future Challenge with Uplink and the Centre for Financial and Monetary Systems, selecting 10 standout ventures with scalable solutions that support healthier, longer lives across Asia. Of these, three top innovators received a combined $200,000 in prize funding to accelerate their impact.
• Supported Rock the Street, Wall Street to help close the gender gap in financial literacy by reaching more than 200 high school students across Toronto, Boston, and London through workshops and mentorship, supported by 38 Manulife volunteers.
• Announced a multiyear commitment to Ownership Works, supporting its efforts to expand employee share ownership programs that promote inclusive economic opportunity and strengthen financial wellness and literacy.

"Empowering health, wealth and longevity is central to Manulife's strategy. It aligns with our values and our commitment to the communities where we operate. As a global life insurer and asset manager, we are uniquely placed to help individuals and families navigate the growing gap between life span and health span," said Brian Kernohan, chief sustainability officer, Manulife Investment Management, and acting global chief sustainability officer, Manulife. "In 2025, Manulife took meaningful steps to help people live longer, healthier and more financially secure. This progress was made possible through new and expanded community investments, continued colleague initiatives and focused actions that strengthen our ability to deliver on our priorities."

About Manulife Financial Corp.

Manulife Financial is a leading international financial services provider, headquartered in Toronto, Canada. Anchored in the company's ambition to be the No. 1 choice for customers, it operates as Manulife across Canada and Asia, and primarily as John Hancock in the United States, providing financial advice, insurance, and health solutions for individuals, groups and businesses. Through Manulife Wealth & Asset Management, the company offers global investment solutions, financial advice and retirement plan services to individuals, institutions and retirement plan members worldwide. At the end of 2025, the company had more than 37,000 employees, over 106,000 agents and thousands of distribution partners, serving over 37 million customers with operations across 25 markets globally. The company trades as MFC on the Toronto, New York and Philippine stock exchanges, and under 945 on the Hong Kong stock exchange.