Sun Life Increases Common Share Dividend; Declares Dividends on Preferred Shares Payable in Q2 2025

The Board of Directors of Sun Life Financial Inc. announced that a dividend of CA$0.88 per share on the common shares of the Company has been declared, payable June 30, 2025 to shareholders of record at the close of business on May 28, 2025. This represents a 4 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 June 30, 2025 to shareholders of record at the close of business on May 28, 2025:

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$0.264773 per share
Series 10R               CA$0.185438 per share
Series 11QR            CA$0.312142 per share

Common shares of the Company acquired under the Company's Canadian Dividend Reinvestment and Share Purchase Plan (the "Plan") will be purchased by the Plan agent on the open market through the facilities of the Toronto Stock Exchange and through the facilities of other Canadian stock exchanges and alternative Canadian trading platforms.

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 U.S., the United Kingdom, Ireland, Hong Kong, the Philippines, Japan, Indonesia, India, China, Australia, Singapore, Vietnam, Malaysia and Bermuda. As of March 31, 2025, Sun Life had total assets under management of CA$1.55 trillion.

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