2022 ESG Report Introduction ESG at Manulife ESG Governance Sustainable Investing ESG in Asset Management ESG in Asset Ownership Partnerships and Engagements Environmental Social Governance Performance Data Abbreviations and Acronyms Sustainable Investing Sustainable Investments at Manulife ($ billions) 16 Green Investments: $68.6 billions $27.7 B, Green buildings Direct equity investments and commercial mortgages, backed by green building certifications Leadership in Energy and Environmental Design (LEED), Buildings Owners and Managers Association (BOMA Best), and Energy Star. Residential mortgages are not relevant to Manulife at this time and are excluded. $15.6 B, Sustainably managed timberlands Private assets operated by Manulife subsidiary Manulife Investment Management Timberland and Agriculture and private placements certified to Forest Stewardship Council (FSC ® ) and Programme for the Endorsement of Forest Certification (PEFC) standards. $13.0 B, Renewable energy Private debt and equity financing of energy from renewable sources (solar, wind, geothermal, waste biomass, hydroenergy) and energy storage in batteries (for Manulife Investment Management private third-party investments only). $2.9 B, Energy efficiency Private debt financing of energy efficiency upgrades at U.S. government sites. $3.3 B, Clean transportation Private debt financing of electrified transport and mass public transit. $4.5 B, Sustainably managed farmlands Private assets operated by Manulife subsidiary Manulife Investment Management Timberland and Agriculture and certified to the Leading Harvest Standard. $0.7 B, Sustainable water management Private debt financing of water recycling and purification businesses. $0.9 B, Green bond investments Public and private green bond investments in renewable energy, energy efficiency, clean transport, and sustainably managed forests. Social Investments: $2.3 billions $1.9 B, Access to affordable healthcare Free or substantially subsidized and/or non- profit facilities that provide accessible and affordable healthcare regardless of ability to pay to underserved populations, such as minorities, vulnerable youth, people living below the poverty line, or households with income below 80% of the area median income (AMI). Investments correspond to (i) General Account (GA) private investments related to the construction of healthcare facilities in Canada, the U.S., and the U.K and (ii) GA private investments in non-profit Canadian hospitals and non-profit long-term-care facilities. $0.2 B, Access to affordable education Free or substantially subsidized and/or non-profit institutions that provide accessible and affordable education regardless of ability to pay to underserved populations, such as minorities, vulnerable youth, people living below the poverty line, or households with income below 80% of the AMI. Investments correspond to GA private investments in non-profit school boards (K12 Education) in Canada and the U.S. $0.2 B, Access to affordable housing Housing at or below 80% of average market rent or that meet national/regional affordable housing definitions. Investments correspond to GA private equity investments in affordable multi-family real estate within the U.S. in accordance with local/ regional standards (pro-rate amount taken for affordable portion). 16 Includes General Account and third-party client assets managed by Manulife Investment Managements private markets business. 17 Sustainable investments include green investments (General Account and Manulife Investment Management third-party private investments) and social investments (General Account private investments), as determined by Manulife’s Sustainable Bond Framework and the International Capital Market Association’s Green Bond Principles (2017). Data excludes public securities, with the exception of green bonds. Data prior to FY21 excludes third-party investments. $70.9 17 $ 2 7. 7 $15.6 $13.0 $2.9 $3.3 $4.5 $0.7 $0.9 $2.3 Social Investments 14