Sun Life Financial Increases Common Share Dividend, Declares Dividends on Preferred Shares Payable in Q4 2024

The Board of Directors of Sun Life Financial Inc. announced that a dividend of CA$0.84 per share on the common shares of the company has been declared, payable December 31, 2024, to shareholders of record at the close of business on November 27, 2024. This represents a 3 cent increase to the amount paid in the previous quarter.

The Board also announced that the following dividends have been declared on the Company's Class A Non-Cumulative Preferred Shares, payable on December 31, 2024 to shareholders of record at the close of business on November 27, 2024:

• Series 3 CA$0.278125 per share
• Series 4 CA$0.278125 per share
• Series 5 CA$0.28125 per share
• Series 8R CA$0.114063 per share
• Series 9QR CA$0.353822 per share
• Series 10R CA$0.185438 per share
• Series 11QR CA$0.401712 per share

​Sun Life Financial Inc. has designated the dividends referred to above as eligible dividends for the purposes of the Income Tax Act (Canada).

Sun Life is a leading international financial services organization providing asset management, wealth, insurance and health solutions to individual and institutional Clients. Sun Life has operations in a number of markets worldwide, including Canada, the United States, the United Kingdom, Ireland, Hong Kong, the Philippines, Japan, Indonesia, India, China, Australia, Singapore, Vietnam, Malaysia and Bermuda. As of September 30, 2024, Sun Life had total assets under management of CA$1.51 trillion.

Sun Life Financial Inc. trades on the Toronto (TSX), New York (NYSE) and Philippine (PSE) stock exchanges under the ticker symbol SLF.