CAD $ US $(4) December 31, 2021 December 31, 2021 Global Corporate Asat Asia Canada U.S. WAM and Other Total Asia U.S. Total Invested Assets Manulife Bank net lending assets $ – $ 23,447 $ – $ – $ – $ 23,447 $ – $ – (1) Derivative reclassification – – – – (7,475) (7,475) – – Invested assets excluding above items 129,207 96,425 164,830 4,458 16,206 411,126 101,893 130,013 Total 129,207 119,872 164,830 4,458 8,731 427,098 101,893 130,013 Segregated funds net assets Segregated funds net assets – Institutional – – – 4,470 – 4,470 – – (2) Segregated funds net assets – Other 25,505 42,124 79,620 248,097 (28) 395,318 20,112 62,801 Total 25,505 42,124 79,620 252,567 (28) 399,788 20,112 62,801 AUM per financial statements 154,712 161,996 244,450 257,025 8,703 826,886 122,005 192,814 Mutual funds – – – 290,863 – 290,863 – – (3) Institutional asset management – – – 106,407 – 106,407 – – Other funds – – – 14,001 – 14,001 – – Total AUM 154,712 161,996 244,450 668,296 8,703 1,238,157 122,005 192,814 Assets under administration – – – 187,631 – 187,631 – – Total AUMA $ 154,712 $ 161,996 $ 244,450 $ 855,927 $ 8,703 $ 1,425,788 $ 122,005 $ 192,814 (4) Total AUMA, US $ $ 1,124,616 Total AUMA $ 154,712 $ 161,996 $ 244,450 $ 855,927 $ 8,703 $ 1,425,788 (5) CER adjustment 4,276 – 16,771 38,313 – 59,360 Total AUMA, CER basis $ 158,988 $ 161,996 $ 261,221 $ 894,240 $ 8,703 $ 1,485,148 Global WAM Managed AUMA Global WAM AUMA $ 855,927 AUM managed by Global WAM for Manulife’s other segments 246,773 Total $ 1,102,700 Note: For footnotes (1) to (5), refer to the “AUM and AUMA reconciliation” table as at December 31, 2022 above. 122 | 2022AnnualReport | Management’sDiscussionandAnalysis