About the Directors 2022 DIRECTOR COMPENSATION The table below shows the compensation paid to the independent directors in 2022 for services provided to Manulife, Manufacturers Life and any Manulife subsidiary. Amounts are paid in U.S. dollars and were converted to Canadian dollars for the table using the BNN Bloomberg exchange rate on the morning of the business day before each quarterly payment date: • US$1.00 = $1.2443 on March 30, 2022 • US$1.00 = $1.2857 on June 29, 2022 • US$1.00 = $1.3697 on September 29, 2022 • US$1.00 = $1.3564 on December 29, 2022. All other Total Allocation of Annual fees compensation compensation annual fees Committee Fees Share- Annual chair Subsidiary earned based retainer retainer board fees (cash) awards Nicole Arnaboldi $269,375 $0 – $269,375 $0 $269,375 Guy Bainbridge $269,375 $52,561 – $321,936 $160,968 $169,968 Joseph Caron $269,375 $0 – $269,375 $134,688 $134,688 John Cassaday $525,610 $0 – $525,610 $262,805 $262,805 Susan Dabarno $269,375 $0 – $269,375 $134,688 $134,688 Julie Dickson $269,375 $0 – $269,375 $0 $269,375 Tsun-yan Hsieh $269,375 $0 $77,086 $346,461 $77,086 $269,375 Vanessa Kanu $226,862 $0 $226,862 $113,431 $113,431 Donald Lindsay $279,171 $52,561 – $331,732 $165,866 $165,866 John Palmer $94,237 $0 – $ 5,000 $99,237 $52,118 $47,118 James Prieur $269,375 $52,561 – $321,936 $0 $321,936 Andrea Rosen $269,375 $52,561 – $321,936 $0 $321,936 May Tan $269,375 $0 – $269,375 $134,688 $134,688 Leagh Turner $269,375 $0 – $269,375 $134,688 $134,688 TOTAL $4,111,960 Total director compensation is capped at US$4 million ($5,205,200): US$2 million ($2,602,600) each for Manulife and Manufacturers Life. Canadian amounts have been calculated using the Bank of Canada annual exchange rate for 2022 of US$1.00 = $1.3013. Total compensation paid in 2022 was below the capped amount. Pro-rated fees Fees in the 2022 director compensation table are pro-rated for the following directors: • Vanessa Kanu joined the board on February 28, 2022. • Don Lindsay was appointed Vice Chair of the board effective November 9, 2022. • John Palmer retired from the board on May 12, 2022. 2023 Management information circular 37