2022 ESG Report Introduction ESG at Manulife Environmental Social Governance Corporate Governance Human Rights Risk Management Ethics and Compliance Tax Strategy Data Security and Privacy Executive Compensation Practices Responsible Product Governance Public Policy Performance Data Abbreviations and Acronyms Political Contributions Manulife and its affiliates do not make corporate contributions to candidates for public office or political parties and do not use corporate funds to make independent political expenditures. In accordance with U.S. federal law, John Hancock (and any subsidiaries therein) is prohibited from making political contributions to candidates seeking federal, state, or local office. John Hancock does, however, administer a separate segregated fund, known as the John Hancock Political Action Committee (JHPAC), which is composed of voluntary donations from eligible employees who choose to engage in the political process. All monies contributed to the JHPAC are held in a separate bank account from the general corporate treasury. The JHPAC is funded solely through these voluntary donations and its activities are overseen by a board of directors. The JHPAC operates on a bipartisan basis; as a matter of internal policy, the JHPAC does not contribute to state or local election candidates, nor does it support “Super PACs” or joint fundraising committees. All activities of the JHPAC, including fundraising and contributions, are disclosed by the company and reported to the Federal Election Commission (FEC). During 2022, the JHPAC contributed US$47,500 to 32 Members of Congress of both major political parties, as well as two financial services industry PACs. If you would like more information on the JHPAC, its public disclosures can be found on the Federal Election Commission website . In addition, the company respects and encourages individual employees' participation in the political process. However, as noted in the Code of Business Conduct and Ethics, political campaign contributions must be made exclusively from each person’s private funds and cannot be reimbursed by the company. Similarly, anyone who chooses to volunteer in support of a political campaign must do so after work, on weekends, or during vacations. Such efforts cannot be undertaken during regular working hours. Moreover, no company facilities or assets – including, without limitation, office space, computers, or telephones – may be used in connection with such volunteer work. Industry Memberships Manulife frequently shares interests with organizations that advocate public policy positions on issues that are important to our company, the financial services industry, and the business community. As a result, organizations we join as a member may have interactions with government officials on matters of interest to our industry and may promote public policy objectives important to us, our stakeholders, or the broader community. Our membership in, or financial support of, these organizations does not imply that Manulife supports every position taken by these organizations or those of their other members. Where positions differ from ours, we voice concerns as appropriate by engaging with these organizations through boards, committees, or publicly, as necessary. The following is a list of key organizations or trade associations to which Manulife belongs or has an affiliation that may engage in lobbying governments and to which we currently pay membership fees. Annual membership fees over $200,000 in 2022 include: • American Council of Life Insurers • Canadian Life and Health Insurance Association • Investment Company Institute • Finseca • Life Insurance Association of Massachusetts Annual membership fees between $50,000 and $200,000 in 2022 include: • AHIP • American Benefits Council • Association of California Life and Health Insurance Companies • C.D. Howe Institute • Boston Asset Management Association • Business Council of Canada • European Fund and Asset Management Association • Finance Montreal • Greater Boston Chamber of Commerce • Institute of International Finance • Investment Funds Institute of Canada • Life Insurance Council of New York • Massachusetts Competitive Partnership • Securities Industry and Financial Markets Association • Women in Capital Markets In addition to participation as a member/affiliate in various industry groups, Manulife consulted with multiple organizations in relation to ESG matters during the year including: • OSFI B15 Guideline Consultation • Canadian Securities Administrators (CSA) Disclosure Consultation • Securities and Exchange Commission (SEC) ESG Disclosure Consultation IAIS Climate Risk Steering Group, with relation to climate scenario analysis and data collection/financial stability analysis When engaging with certain regulators, such as OSFI, on industry-related topics and public policy matters, such as climate-risk and disclosures, we have a robust governance process in place, which includes ensuring company-wide alignment and informing senior leadership and the Board. 80