- Two-year plan focuses on employment opportunities, training and community 
support

- C$ unless otherwise stated 

- TSX/NYSE/PSE: MFC     SEHK: 945

Manulife and John Hancock are investing more than $3.5 million over the next 
two years to promote diversity, equity and inclusion in the workplace and the 
communities we serve. The goals of these focused investments are three-fold: to 
increase the representation of diverse talent at all levels in the 
organization; create greater inclusion across the company through enhanced 
training; and to support organizations helping Black, Indigenous and People of 
Colour (BIPOC) communities.

"We recognize that driving change means taking action, which is why we are 
making these important investments in building greater diversity on our team, 
and a deeper awareness of the role we can all play in being an ally and 
supporter of inclusion," said Manulife President and CEO Roy Gori. "Through 
candid discussions with our team, we've developed this plan based on their 
feedback, focusing on areas they see as the most critical levers to helping us 
create long-lasting change."

This comprehensive program covers three pillars of initiatives:  

1. Building representation of BIPOC professionals through graduate programs, 
focused leadership recruitment efforts and accelerated mid-career development.

    -- Focused recruitment efforts from diverse post-secondary schools across 
       North America. 
    -- Partnerships with Career Edge ( 
https://c212.net/c/link/?t=0&l=en&o=2841086-1&h=2175860393&u=https%3A%2F%2Fwww.careeredge.ca%2F&a=Career+Edge 
) in Canada and the MLK Scholars Program ( 
https://c212.net/c/link/?t=0&l=en&o=2841086-1&h=1878020943&u=https%3A%2F%2Fwww.johnhancock.com%2Fabout-us%2Fcorporate-responsibility.html&a=MLK+Scholars+Program 
) in the U.S. to hire youth. 
    -- Accelerated development program for high potential mid-career BIPOC 
       leaders. 
    -- Diverse leadership hiring goals through focused recruitment. 

2. Programs designed to educate and train all employees that go beyond our 
mandatory unconscious bias training. This will encompass regular listening 
forums to foster conversations that will enable building a greater 
understanding of inclusion and connection across our global team, allyship 
training and targeted training for all managers on leading inclusively.

3. Supporting communities through donations and volunteerism focused on 
financial education and career mentorship. 
    -- Organizations that will be initially supported include: NAACP Legal 
       Defense and Educational Fund ( 
https://c212.net/c/link/?t=0&l=en&o=2841086-1&h=2978801458&u=https%3A%2F%2Fwww.naacpldf.org%2F&a=NAACP+Legal+Defense+and+Educational+Fund 
), Equal Justice Initiative ( 
https://c212.net/c/link/?t=0&l=en&o=2841086-1&h=4273323267&u=https%3A%2F%2Feji.org%2F&a=Equal+Justice+Initiative 
), ICON Talent Partners ( 
https://c212.net/c/link/?t=0&l=en&o=2841086-1&h=2398706850&u=https%3A%2F%2Ficontalent.org%2Fabout%2F&a=ICON+Talent+Partners 
), Canadian Association of Urban Financial Professionals ( 
https://c212.net/c/link/?t=0&l=en&o=2841086-1&h=2355338510&u=https%3A%2F%2Fcaufp.ca%2F&a=Canadian+Association+of+Urban+Financial+Professionals 
) and the Canadian Race Relations Foundation ( 
https://c212.net/c/link/?t=0&l=en&o=2841086-1&h=3455917146&u=https%3A%2F%2Fwww.crrf-fcrr.ca%2Fen%2F&a=Canadian+Race+Relations+Foundation 
).

Manulife's diversity, equity and inclusion strategy focuses on practices to 
support employees at many points throughout their careers, such as recruitment, 
development, career progression, and leadership effectiveness and 
accountability. In addition to the company's objective of developing a diverse 
workforce, we are equally focused on fostering an environment where all 
employees can truly thrive and feel a strong sense of belonging. 

Manulife is proud to have been recognized as one of Canada's Best Diversity 
Employers, one of Canada's Top Employers for Young People, scored 100% on Human 
Rights Campaign's Corporate Equality Index, and named an Outstanding Equal 
Opportunity Employers Award at the Hong Kong Insurance Awards.

To learn more about Manulife's Sustainability and Community Investment 
Strategies, visit manulife.com/sustainability ( 
https://c212.net/c/link/?t=0&l=en&o=2841086-1&h=151321504&u=https%3A%2F%2Fwww.manulife.com%2Fen%2Fabout%2Fsustainability.html&a=manulife.com%2Fsustainability 
). 

About Manulife

Manulife Financial Corporation is a leading international financial services 
group that helps people make their decisions easier and lives better. With our 
global headquarters in Toronto, Canada, we operate as Manulife across our 
offices in Canada, Asia, and Europe, and primarily as John Hancock in the 
United States. We provide financial advice, insurance, and wealth and asset 
management solutions for individuals, groups and institutions. At the end of 
2019, we had more than 35,000 employees, over 98,000 agents, and thousands of 
distribution partners, serving almost 30 million customers. As of March 31, 
2020, we had $1.2 trillion (US$0.8 trillion) in assets under management and 
administration, and in the previous 12 months we made $30.4 billion in payments 
to our customers. Our principal operations are in Asia, Canada and the United 
States where we have served customers for more than 155 years. We trade as 
'MFC' on the Toronto, New York, and the Philippine stock exchanges and under 
'945' in Hong Kong.

Media Contact, Brooke Tucker-Reid, Manulife, +1 647-528-9601, 
brooke_tucker-reid@manulife.com; Investor Relations, Adrienne O'Neill, 
Manulife, +1 416-926-6997, adrienne_oneill@manulife.com

SOURCE  Manulife Financial Corporation