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Manulife has released a revised template for its statistical information package ("SIP"), together with updated 2024 quarterly results to reflect the impact of Global Minimum Taxes ("GMT") by operating segments to improve the year-over-year comparability of our financial metrics including core earnings, new business value and post-tax contractual service margin. This update has been made as we expect additional local jurisdictions to enact GMT in 2025, and we will recognize GMT in the reporting segments whose earnings are subject to it starting in the first quarter of 2025. This updated SIP will be used in connection with the reporting of Manulife's financial results, starting with the first quarter of 2025 on May 7, 2025. An accompanying summary of changes to the SIP has also been made available to further assist users in understanding the updates.

The SIP template and accompanying summary of changes are available in the "2025 Q1 Results" section of Manulife's investor relations website: manulife.com/en/investors/results-and-reports.

About ManulifeManulife Financial Corporation is a leading international financial services provider, helping our customers make their decisions easier and lives better. With our global headquarters in Toronto, Canada, we operate as Manulife across Canada, Asia, and Europe, and primarily as John Hancock in the United States, providing financial advice and insurance for individuals, groups and businesses. Through Manulife Wealth & Asset Management, we offer global investment, financial advice, and retirement plan services to individuals, institutions, and retirement plan members worldwide. At the end of 2024, we had more than 37,000 employees, over 109,000 agents, and thousands of distribution partners, serving over 36 million customers. We trade as 'MFC' on the Toronto, New York, and the Philippine stock exchanges, and under '945' in Hong Kong. 

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Media Contact                                   Fiona McLean                                                Manulife                                                          437-441-7491                                    fiona_mclean@manulife.com                                    

Investor RelationsHung KoManulife416-806-9921hung_ko@manulife.com

SOURCE Manulife Financial Corporation

SOURCE: Manulife Financial Corporation

COMTEX_464115394/2197/2025-03-31T17:05:00