Manulife Financial Corporation · TSX:MFC

Manulife Financial — Merger or Acquisition (December 2020)

8 slides from Manulife Financial's merger presentation, Dec 14, 2020

  1. Slide 1: Manulife signs 16-year exclusive bancassurance partnership with VietinBank and agrees to acquire Aviva Vietnam

    Manulife signs 16-year exclusive bancassurance partnership with VietinBank and agrees to acquire Aviva Vietnam December 14, 2020

  2. Slide 2: Transaction Summary

    Transaction Summary Scope Key Deal Terms Expected Timing Expected Impact • Manulife Vietnam selected • Ongoing variable • Bancassurance partnership • Funded with existing, as the exclusive provider of performance-based with VietinBank to launch internal resources bancassurance solutions to payments

  3. Slide 3: Vietnam – Growth Market with Strong Untapped Potential

    Vietnam – Growth Market with Strong Untapped Potential Robust Growth for the Past 2 Years Across Significant Upside Potential with Bancassurance as a Key Driver Amidst Low Distribution Channels Insurance Penetration APE Sales (US$m 1,2) Insurance Penetration (%) Other Channels 1,448 CAGR 23% Bancass

  4. Slide 4: Manulife Vietnam – A Market Leader with Strong Track Record

    Manulife Vietnam – A Market Leader with Strong Track Record Increasing Market Leadership1 Total Life APE Sales Agency APE Sales Bancassurance APE Sales 2019; US$m2 2019; US$m2 2019; US$m2 #1 #2 #1 313 233 211 98 272 192 234 217 79 75 73 136 41 23 … … 18 … Pro Manulife Vietnam Peer Peer Aviva Peer Pr

  5. Slide 5: Strategic and Financial Rationale: VietinBank Further Strengthens Manulife Vietnam

    Strategic and Financial Rationale: VietinBank Further Strengthens Manulife Vietnam Description Key FY19 Statistics Current Pro-forma 1 • Strong growth potential in Vietnam Overall Ranking Strengthening • Builds on Manulife Financial Corporation’s success by APE Sales1 #1 #1 Leadership in a Fast-Grow

  6. Slide 6: VietinBank is a leading Vietnamese bank with 14 million customers

    VietinBank is a leading Vietnamese bank with 14 million customers Leading Bank with Complementary Branch Network Alignment on Digital Strategy Started tech transformation in 2012 Northern 14M customers (Awarded ‘Outstanding Digital Bank’ for 3 consecutive years between 2017-20191) 558 Branches & >15

  7. Slide 7: Caution regarding forward looking statements

    Caution regarding forward looking statements CAUTION REGARDING FORWARD-LOOKING STATEMENTS From time to time, Manulife Financial Corporation makes written and/or oral forward-looking statements, including in this presentation. In addition, our representatives may make forward-looking statements orall

  8. Slide 8: Thank you

    Thank you Adrienne O’Neill Eileen Tam Derek Theobalds Louise Scott Global Head of Investor Relations Head of Investor Relations, Asia AVP, Investor Relations AVP, Investor Relations E adrienne_oneill@manulife.com E eileen_tam@manulife.com E derek_theobalds@manulife.com E louise_scott@manulife.com T

Manulife Financial — Merger or Acquisition (December 2020) on 6ix