Core Viewpoint - Manulife Financial Corporation (00945) has priced a public offering of senior notes totaling $1 billion with an interest rate of 4.986% maturing in 2035, with the offering price set at 100 cents on the dollar [1] Group 1 - The total principal amount of the senior notes is $1 billion [1] - The interest rate for the notes is 4.986% [1] - The maturity date for the notes is December 2, 2035 [1] Group 2 - The net proceeds from the sale of the notes will be used for general corporate purposes, which may include future refinancing needs [1]

Core Viewpoint - Manulife Financial-S (00945.HK) has priced a public offering of senior notes totaling $1 billion with an interest rate of 4.986% maturing in 2035, at a public offering price of 100 cents on the dollar [1] Group 1 - The total principal amount of the senior notes is $1 billion [1] - The interest rate for the notes is set at 4.986% [1] - The maturity date for the notes is in 2035 [1] - The public offering price is 100 cents on the dollar [1]

除非另有註明，所有金額均按加元呈列 即時發佈 2025年12月2日 新聞稿 TSX/NYSE/PSE: MFC SEHK: 945 宏利金融有限公司為於美國公開發行的優先票據定價 宏利金融有限公司是全球領先的金融服務供應商，致力於幫助客戶輕鬆作出明智抉擇，實現精彩 人生。本公司為個人、團體及企業客戶提供理財建議與保險方案，全球總部位於加拿大多倫多， 在加拿大、亞洲及歐洲以「宏利」名稱營運，在美國則主要以「恒康」的名稱經營業務。本公司 通過「宏利財富與資產管理」，為全球個人客戶、機構客戶以及退休計劃成員提供投資、理財建 議及退休計劃服務。截至 2024 年底，本公司有超過 37,000 員工、超過 109,000 代理人以及數以 萬計的經銷合作夥伴，為 3,600 多萬客戶提供服務。本公司在多倫多、紐約及菲律賓證券交易所 以股份代號 MFC 上市，在香港交易所則以股份代號 945 上市。 多倫多 – 2025 年 12 月 2 日 – 宏利金融有限公司 (NYSE: MFC)（「本公司」）今天宣佈，已為於 美國公開發行的本金總額 1,000,000,000 美元、利率 4.986 厘、2035 年到期的優先票據 ...

Core Points - Manulife Financial Corporation has priced a public offering of U.S.$1,000,000,000 aggregate principal amount of 4.986% senior notes due 2035 at a public offering price of 100% [1] - The net proceeds from the sale of the notes will be used for general corporate purposes, which may include future refinancing requirements [2] - The offering is managed by BofA Securities, Citigroup Global Markets, J.P. Morgan Securities, and Morgan Stanley [2] Company Overview - Manulife Financial Corporation is a leading international financial services provider with global headquarters in Toronto, Canada, operating as Manulife in Canada, Asia, and Europe, and as John Hancock in the United States [5] - The company provides financial advice and insurance for individuals, groups, and businesses, and offers global investment, financial advice, and retirement plan services [5] - As of the end of 2024, Manulife had over 37,000 employees, more than 109,000 agents, and served over 36 million customers [5]

Core Insights - The author has extensive experience in executive management, particularly in insurance/reinsurance and the Asia Pacific markets, with a focus on climate change and ESG [1] Group 1 - The author holds an honours degree in economics and politics, emphasizing economic development [1] - The author has 36 years of executive management experience, indicating a deep understanding of market dynamics [1] - The author's investment activities are conducted in a personal capacity, suggesting a focus on individual investment strategies rather than institutional [1]

Core Viewpoint - Manulife Financial-S (00945) announced a dividend distribution of HKD 2.426292 per share for the third quarter, scheduled for December 19, 2025 [1] Group 1 - The company will distribute a total dividend of HKD 2.426292 per ordinary share [1] - The dividend payment date is set for December 19, 2025 [1]

Core Viewpoint - Manulife Financial-S (00945) announced a dividend distribution of HKD 2.426292 per share for the third quarter, scheduled for December 19, 2025 [1] Group 1 - The dividend amount per share is set at HKD 2.426292 [1] - The payment date for the dividend is December 19, 2025 [1]

第 1 頁 共 2 頁 v 1.1.1 EF001 免責聲明 | 香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其準確性或完整性亦不發表任何聲明，並明確表示，概不對因 | | | | | | --- | --- | --- | --- | --- | | 公告全部或任何部份內容而產生或因倚賴該等內容而引致的任何損失承擔任何責任。 | | | | | | 股票發行人現金股息公告 | | | | | | 發行人名稱 | 宏利金融有限公司 | | | | | 股份代號 | 00945 | | | | | 多櫃檯股份代號及貨幣 | 不適用 | | | | | 相關股份代號及名稱 | 不適用 | | | | | 公告標題 | 宏利宣布派發普通股股息 | | | | | 公告日期 | 2025年11月12日 | | | | | 公告狀態 | 更新公告 | | | | | 更新/撤回理由 | 更新匯率 | | | | | 股息信息 | | | | | | 股息類型 | 第三季度 | | | | | 股息性質 | 普通股息 | | | | | 財政年末 | 2025年12月31日 | | | | ...

Group 1 - The conference in Toronto marks the inaugural event for Desjardins Securities Inc., highlighting the importance of strategic discussions in the financial sector [2] - Manulife Financial has introduced a refreshed strategy, which includes a video presentation to communicate the changes effectively [2][3] - The focus of the discussion is on understanding the differences in the new strategy compared to previous approaches [3]

Summary of Manulife Financial Conference Call (November 25, 2025) Company Overview - **Company**: Manulife Financial (NYSE: MFC) - **CFO**: Colin Simpson, in position for two and a half years Key Points and Arguments Strategic Priorities - Manulife has a refreshed strategy focusing on wealth and asset management, aiming for 50% of earnings from Asia while maintaining growth in Canada and the US [15][14] - The company emphasizes geographic diversification and quality of earnings as key differentiators in the life insurance sector [15] AI Integration - Manulife targets to create $1 billion in value from AI through three areas: earnings increase, CSM (Contractual Service Margin) growth, and cost avoidance [18][17] - AI tools are being utilized to enhance sales processes, such as personalized communication with clients to drive additional sales [20][21] Legacy Business Management - The company has completed three significant deals in the legacy business, reducing the need for future transactions [23] - Long-term care (LTC) exposure is over $30 billion, with positive experiences reported [23][24] Asia Market Focus - Asia remains a critical part of Manulife's strategy, with a target of mid-teen earnings growth and a 21% ROE by 2027 [29][28] - The company is optimistic about demographic growth and the potential for wealth centers in Asia, despite headwinds from various markets [30][31] India Market Entry - Manulife is entering the Indian insurance market, expecting a long-term view with a timeline of 12-18 months before selling policies [33][34] - Regulatory improvements and a digital-native consumer base in India are seen as favorable conditions for entry [33] US Division Outlook - The US division currently generates about $250 million, with expectations for steady single-digit earnings growth [44][46] - The focus is on leveraging the John Hancock brand and the Vitality program to enhance customer engagement and loyalty [46] Canadian Market Strategy - Manulife aims to increase market share in Canada, particularly in health and group benefits, while improving customer experience through AI [50][51] Capital Management and M&A Strategy - The company has $6 billion in excess capital and has been active in share buybacks, totaling $1.74 billion year-to-date [52][55] - Future M&A opportunities are being considered, particularly in Canadian wealth and US retirement sectors, but the focus remains on organic growth [58][59] ROE Targets - Current core ROE is approximately 16%, with a target of 18%+ by the end of 2027 [59][60] - The company plans to achieve this through stable earnings growth, buybacks, and improved CSM growth [61] Closing Remarks - Manulife is committed to becoming a quality, world-renowned franchise, focusing on long-term growth and delivering value to shareholders [63] Additional Important Insights - The company acknowledges the challenges in the Chinese market but remains optimistic about its position and potential growth in profitability [41][42] - The management emphasizes the importance of a balanced strategy to mitigate risks associated with geopolitical uncertainties [41]