Sun Life Financial Inc. · TSX:SLF
Sun Life Financial — Merger or Acquisition (August 2022)
6 slides from Sun Life Financial's merger presentation, August 2022
Slide 1: Sun Life to Divest Sun Life UK
Sun Life to Divest Sun Life UK Focusing on growth in Strategic Long-term Asset Management Partnerships August 2022 1
Slide 2: Forward-Looking Statements
In this presentation, Sun Life Financial Inc. (“SLF”), its subsidiaries and, where applicable, its joint ventures and associates are referred to as “we”, “us”, “our”, “Sun Life” and the “Company”. Forward-Looking Statements Certain statements in this presentation and certain oral statements made by
Slide 3: Sale of Sun Life UK: Key Takeaways
Sale of Sun Life UK1: Key Takeaways ✓ Establishes long-term asset management partnership with Phoenix Group, a leader in UK savings and retirement market with £310 billion in AUA ✓ Releases shareholder capital from sale of closed Life & Pensions businesses ✓ Maintaining profitable and cash generativ
Slide 4: Sale of Sun Life UK
Transaction overview Asset management partnership Sale of • Sale of Sun Life UK1 to Phoenix Group Holdings plc (‘Phoenix’) • Retain £6B (C$9B) in SLC Management and MFS mandates to manage the UK general account on behalf of Phoenix (8-year lock in) Sun Life UK1 • Strategically attractive transaction
Slide 5: Establishing a strategic asset management partnership
Establishing a strategic asset management partnership • Sun Life becomes a long-term asset management partner • UK’s largest long-term savings and retirement business to Phoenix with the opportunity for future mandates to with ~£310 billion of assets under administration (AUA) be awarded to MFS and
Slide 6: Investor Relations
Investor Relations Yaniv Bitton Vice President, Head of Investor Relations and Capital Markets 416-979-6496 yaniv.bitton@sunlife.com Paul Poon Assistant Vice President, Investor Relations 416-305-3389 paul.poon@sunlife.com 6
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