JOHN HANCOCK CLOSED-END FUND PREFERRED INCOME FUND DECLARES MONTHLY DISTRIBUTION

Distribution Announcement - The John Hancock closed-end Preferred Income Fund declared a monthly distribution of $0.1235 per share, with a market price of $16.47, resulting in an annualized current distribution rate of 9.00% as of December 18, 2025 [1] - The declaration, ex-date, and record date for the January 2026 distribution have been accelerated to meet the 2025 distribution requirement for federal excise tax purposes [1] Fund Management - John Hancock Investment Management operates under Manulife Investment Management, utilizing a multimanager approach that combines in-house capabilities with a network of specialized asset managers [5] - Manulife Investment Management has over a century of financial stewardship and offers services across public and private markets, with a presence in 18 geographies [6]