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C$ unless otherwise statedTSX/NYSE/PSE: MFC     SEHK: 945
For Immediate Release
February 10, 2021

Manulife files 2020 Audited Annual Financial Statements and Related MD&A

TORONTO - Manulife Financial Corporation has filed its 2020 audited annual financial statements for the year ended December 31, 2020 and related MD&A with securities regulators, including with the Canadian Securities Administrators and with the U.S. Securities and Exchange Commission on Form40-F.  This information is available on the Company's website at manulife.com/en/investors/results-and-reports. Shareholders may also request a hard copy of this information free of charge through the Company's website.

About Manulife

Manulife Financial Corporation is a leading international financial services group that helps people make their decisions easier and lives better. With our global headquarters in Toronto, Canada, we operate as Manulife across our offices in Canada, Asia, and Europe, and primarily as John Hancock in the United States. We provide financial advice, insurance, and wealth and asset management solutions for individuals, groups and institutions. At the end of 2020, we had more than 37,000 employees, over 118,000 agents, and thousands of distribution partners, serving over 30 million customers. As of December 31, 2020, we had $1.3 trillion (US$1.0 trillion) in assets under management and administration, and in the previous 12 months we made $31.6 billion in payments to our customers. Our principal operations are in Asia, Canada and the United States where we have served customers for more than 155 years. We trade as 'MFC' on the Toronto, New York, and the Philippine stock exchanges and under '945' in Hong Kong.

Media Contact: Brooke Tucker-Reid Manulife 647-528-9601 brooke_tucker-reid@manulife.com Investor Relations: Adrienne O’Neill Manulife 416-926-6997 adrienne_oneill@manulife.com