C$ unless otherwise stated                                              TSX/NYSE/PSE: MFC    SEHK:945

TORONTO, Sept. 2, 2026 /PRNewswire/ — Manulife Financial Corporation (NYSE: MFC) (the “Company”) today announced that it has priced a public offering in the United States of U.S.$750,000,000 aggregate principal amount of 6.146% subordinated notes due 2041 (the “Notes”) at a public offering price of 100.000%. The Notes are anticipated to qualify as Tier 2 regulatory capital of the Company.

The Notes are expected to be issued on September 11, 2026 and will bear interest at a fixed annual rate of 6.146% for the period from, and including, the issue date to, but excluding, September 11, 2036 (the “Reset Date”), and, during the period from, and including the Reset Date to, but excluding, September 11, 2041, at an annual rate equal to the CMT Rate (as defined in the prospectus supplement) determined on the third business day immediately preceding the Reset Date plus a spread of 1.350%. The Company may, at its option, redeem the Notes, in whole at any time or in part from time to time, with the prior written approval of the Superintendent of Financial Institutions (Canada) (the “Superintendent”), on or after September 11, 2031 and prior to the Reset Date at the applicable make-whole redemption price described in the prospectus supplement. The Company may also redeem the Notes, in each case, in whole, but not in part, with the prior written approval of the Superintendent, (i) on the Reset Date, (ii) at any time within 90 days following a specified regulatory event or (iii) at any time following a specified tax event, in each case, at a redemption price equal to 100% of the principal amount of the Notes to be redeemed, plus accrued and unpaid interest thereon to, but excluding, the date of redemption. 

The offering was made pursuant to a preliminary prospectus supplement, dated September 1, 2026, to the Company’s registration statement declared effective by the Securities and Exchange Commission (the “SEC”) on September 29, 2025.

The Company intends to use the net proceeds from the sale of the Notes for general corporate purposes, which may include future refinancing requirements.

BofA Securities, Inc., Citigroup Global Markets Inc., J.P. Morgan Securities LLC and Morgan Stanley & Co. LLC are acting as joint book-running managers for the offering.

This release does not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. A prospectus supplement and the accompanying prospectus related to the offering have been filed with the SEC and are available on its website at www.sec.gov. Copies of the prospectus supplement and accompanying prospectus, when available, may be obtained by contacting BofA Securities, Inc., 201 North Tryon Street, NC1-022-02-25, Charlotte, NC 28255-0001; Attention: Prospectus Department; Email: dg.prospectus_requests@bofa.com; Telephone: 1-800-294-1322; Citigroup Global Markets Inc., c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717; Email: prospectus@citi.com; Telephone: 1-800-831-9146; J.P. Morgan Securities LLC, c/o Broadridge Financial Solutions, Attention: Prospectus Department, 1155 Long Island Avenue, Edgewood, NY 11717; Email: JPMorganPostSale@broadridge.com; Telephone: 1-212-834-4533; or Morgan Stanley & Co. LLC, 180 Varick Street, 2nd Floor, New York, NY 10014, Attention: Prospectus Department; Email: prospectus@morganstanley.com; Telephone: 1-866-718-1649.

The securities will not be offered or sold, directly or indirectly, in Canada or to any resident of Canada.

About Manulife

Manulife Financial Corporation is a leading international financial services provider, headquartered in Toronto, Canada. Anchored in our ambition to be the number one choice for customers, we operate as Manulife across Canada and Asia, and primarily as John Hancock in the United States, providing financial advice, insurance and health solutions for individuals, groups and businesses. Through Manulife Wealth & Asset Management, we offer global investment solutions, financial advice, and retirement plan services to individuals, institutions, and retirement plan members worldwide. At the end of 2025, we had more than 37,000 employees, over 106,000 agents, and thousands of distribution partners, serving over 37 million customers with operations across 25 markets globally. We trade as ‘MFC’ on the Toronto, New York, and Philippine stock exchanges, and under ‘945’ on the Hong Kong stock exchange.

Media Relations:
Fiona McLean
Manulife
437-441-7491
fiona_mclean@manulife.com

Investor Relations:
Derek Theobalds
Manulife
416-254-1774
derek_theobalds@manulife.com

• A progress paradox: Clean electricity is growing more than twice the speed of overall energy supply, but emissions are not yet falling as overall demand for both fossil and clean energy is simultaneously expanding – driven by data centres, higher cooling needs and heavy industry.
• A two-speed transition: ~60% of global emissions – primarily from power generation and road transport – are rapidly being addressed by clean electrification at little or no extra cost. Progress is slower in the remaining 40% of emissions – from aviation, shipping, heavy industry and agriculture – which require solutions that carry a green cost premium or are at early-stages of commercial scale.
• Four levers remain largely unaddressed: coal use, methane emissions, deforestation, and slow scale up of carbon removals.

LONDON, Sept. 2, 2026 /PRNewswire/ — Global clean energy investment hit a record $2.1 trillion in 2025. Solar, batteries and electric vehicles again outperformed every forecast. But rising energy demand means global greenhouse gas emissions are only plateauing, not falling. The world has already breached 1.5°C of global heating and remains on track for around 2.5°C, according to the Energy Transitions Commission’s (ETC) Energy Transition Monitor 2026, published today.

As wildfires and intense heatwaves cause widespread economic and human damage and energy security costs mount since the Hormuz closure, demand for clean alternatives to volatile fossil fuels has grown. The annual assessment from the ETC Secretariat — representing a global coalition of energy, industry and finance leaders – finds that renewables supplied 99% of the growth in global electricity generation in 2025, while coal-fired and oil-fired generation both contracted. Global renewable capacity has almost doubled since 2022 and is on track to double again by 2030 — around 900 GW short of the tripling pledged at COP28.

But clean power is chasing a moving target: because electricity remains only a fifth of total final energy use, this growth in clean electricity covered just 40% of the rise in global energy demand, with fossil fuels supplying the rest, as demand from buildings, heavy industry and long-distance transport kept rising.

Clean technologies must be deployed faster to meet this growing demand. The report also identifies four other key levers for global emissions reductions that remain largely unaddressed: coal use, methane emissions, deforestation, and scale up of carbon removals.

The report describes a two-speed transition. Around 60% of global emissions could be abated through clean electrification alone at little or no extra cost — primarily in power generation and road transport, where electrification is already accelerating.

But barriers remain. Grid capacity is a major bottleneck to this acceleration: around 375 GW of renewables and 455 GW of battery storage are stuck in European connection and permitting queues, roughly 2,300 GW await grid connection in the United States, and nearly 10% of China’s wind and solar outputs were curtailed due to grid constraints in the first half of 2026. Supporting low-cost renewables through long-term contracts can also accelerate electrification.

The remaining 40% of global emissions, from high-temperature industrial heat, aviation, shipping and parts of agriculture, requires solutions that carry a green cost premium or are at early-stages of commercial scale. Of roughly 1,000 clean industrial projects announced globally, fewer than 20% have reached a final investment decision. Carbon pricing is strengthening, making clean projects more financially viable, but firm offtake commitments are still a major gap.

“Clean energy is now outpacing fossil growth, but deployment speed alone won’t cut emissions. Without removing grid bottlenecks, securing buyer commitments for clean industrial products, and achieving cost breakthroughs in shipping and aviation, emissions will continue to plateau and not fall.” said Adair Turner, Co-Chair, ETC.

“Coal is not phasing down, methane emissions are not falling, forests are still being cut down, and carbon removal is nowhere near the scale required. We must act to address these. Only by doing this can we stop the rapid heating of the planet, and we are seeing the effects of this in real time.” said Jules Kortenhorst, Co-Chair, ETC.

“The Energy Transition Monitor makes clear that the challenge is no longer whether clean energy technologies can scale, but whether we can deploy them fast enough to meet growing demand and reduce emissions simultaneously. As electricity demand accelerates, we have all the resources available to design energy solutions that pair abundant clean power with efficiency, flexibility, and modernized grids. The report points out solutions to unlock permitting and connection barriers to access resources at the scale of the opportunity. By combining clean electrification with smarter energy use, we can strengthen energy security and accelerate emissions reductions while still supporting economic growth.” said Jon Creyts, CEO, RMI, a member of the Energy Transitions Commission.

The picture varies sharply by region:

• China: Building clean electrification faster than anywhere on earth.
  • Supplies 83% of the world’s renewable-energy equipment, 45% of clean industrial plant equipment.
  • Installs more than half the world’s wind and solar. In 2025, 56% of new passenger vehicle sales were EVs, and 13 of 19 global clean heavy-industry investment decisions were made in China in first half of 2026.
• United States: Federal action stops the transition accelerating but doesn’t stop it entirely.
  • Since January 2025, 21 GW of clean energy was cancelled. Fossil capacity additions surged 71% in 2025-2026. Yet renewable growth slowed by only 2%.
  • Data centres present the sharpest contradiction: accounting for half of all new clean energy contracts, while simultaneously driving the largest increase in new fossil fuel power capacity.
• EU and UK: Fastest emissions reduction progress of the major economies, though momentum has recently slowed.
  • Renewable installations are strong and around 1 in 5 new passenger cars purchased are EVs. The European Commission’s electrification action plan targets a step change in the pace of deployment.
  • Around 375 GW of renewables and 455 GW of battery storage are stuck in permitting and grid-connection queues.
• India: The world’s cheapest renewables but installs 9 times slower than China.
  • Fastest electricity demand growth for a major economy at 6.4% a year, but new clean capacity is being absorbed by rising demand rather than displacing coal.
• Asia (excluding China & India) & Australia: Renewables contributed 62% of new power capacity in 2024, but progress across the region is uneven.
  • High fossil fuel prices caused by the Hormuz strait closure has pulled the need for energy security and clean energy forward in the region. Countries including South Korea and Indonesia accelerated their renewables targets.

About the Energy Transitions Commission (ETC)
The Energy Transitions Commission is a global coalition of leaders from across the energy landscape committed to achieving net-zero emissions by mid-century while supporting economic growth and development. This report was produced by the ETC Secretariat and should not be taken as members agreeing with every finding or recommendation. The ETC is hosted by SYSTEMIQ Ltd.

All data in this release is pulled from the Energy Transition Monitor 2026 which can be downloaded here: https://www.energy-transitions.org/publications/energy-transition-monitor-2026

BEIJING, Sept. 2, 2026 /PRNewswire/ — Production has just wrapped in Beijing, China on KC Global Media Asia’s new drama series “VIII: Awakening.” The fantasy adventure S grade drama completed 24 fifteen-minute episodes for its first season.

“VIII: Awakening” is a contemporary reimagining of a classic legend of Chinese Mythology, set in modern times. Revered for their supernatural abilities, the Immortals use their divine powers to vanquish evil and aid the needy. Blending suspense-driven storytelling with fantastical elements and light humor, the series presents a world that is both mysterious and grounded in reality.

The cast stars rising actress Zhang Wan Ying (“Glory”) as He Haining, Leo Zhou (“Relying on Favors”) as Dong Fang Shuo and Nick Shan (“Creation of The Gods Ⅰ: Kingdom of Storms“) as Lu Xian. After awakening a mysterious precognitive power, insurance investigator Lu Xian (Shan) discovers he is the descendant of an ancient legendary guardian and must unite seven others to stop a deadly conspiracy. As an imprisoned dragon clan threatens to return, the group uncovers betrayal from within their ranks and faces a battle that will determine the fate of the world. Together, they awaken their true powers, defeat the forces of darkness, and restore peace — though a new threat quietly emerges in the shadows.

“VIII: Awakening” was directed by noted internet midform series director Yu Ji and executive produced by KC Global Media Asia partners Andy Kaplan and George Chien. Meng Xun, who has collaborated with acclaimed directors such as John Woo and Wong Kar-Wai, served as production designer. 

“KC Global Media Asia is looking forward to being a part of bringing such an exciting project to global audiences,” said Bonnie Wiryani, Vice President and Head of Content Sales. “Viewers are more and more interested in seeing local and cultural stories developed creatively and VIII: Awakening has all the artistry, action, mystery, fantasy and folklore that we believe will resonate widely. There is great potential for the story to grow beyond a single title and develop into a broader universe in the future.”

The KC Global Media Asia production is a partnership between CICC (China Intercontinental Communication Center) and Shanghai Qi’Ai (Shanghai Qi’Ai Film & TV Culture Co., Ltd.)

This is the first original production in China for KC Global Media Asia, and they will also be handling international sales. This reinforces their continued commitment to growing their distribution arm, expanding strong creative production partnerships, and delivering a diverse lineup of high-quality stories with broad international appeal, shining a spotlight on Asian storytelling.

About KC Global Media

KC Global Media Entertainment LLC is a global multi-media company headquartered in the United States, with offices in Singapore, Taiwan, Malaysia, China, the Philippines, and South Korea. The brainchild of former Sony executives Andy Kaplan and George Chien, KC Global Media Asia (KCGM Asia) is Asia’s leading entertainment hub through the production, distribution, and programming of quality, ground-breaking content. Backed by over three decades of industry experience, KCGM Asia boasts an impressive portfolio of premium brands in Asia, including English-language general entertainment network AXN, Japanese anime content network Animax, Korean general entertainment network ONE, English-language general entertainment FAST network KCM, and AXN Sports.

Expanding its extensive multi-platform presence, KCGM Asia maintains a distribution footprint reaching 112 million Pay TV, OTT, and FAST households across 52 territories in Asia and Africa — including its JOURNY joint venture with NextTrip, Inc. — alongside a digital footprint of over 140 million social media users across YouTube, Instagram, TikTok, and Facebook. By combining award-winning content, beloved entertainment brands, and deep market expertise across both distribution and digital platforms, KCGM Asia is setting new standards for entertainment and audience engagement across the region and beyond. 

Website: www.kcgm-distribution.com | Facebook: @KCGlobalMedia | Instagram: @KCGlobalMediaAsia | Linkedin: @KCGlobalMediaAsia

LOS ANGELES, Sept. 2, 2026 /PRNewswire/ — Azazie, the leading direct-to-consumer special-occasion brand, is bringing its bridesmaid dress pop-up to San Diego on Sunday, September 6, 2026, from 9:00 a.m. to 5:30 p.m. at the Liberty Ballroom at Courtyard San Diego Airport/Liberty Station.

The one-day event will allow customers to explore and try on Azazie bridesmaid dresses in person. Guests can purchase their favorite styles on-site or shop online afterward with greater confidence in their preferred fit and style.

Each attendee will also receive a spin on Azazie’s exclusive raffle wheel for the chance to win a $5–$20 coupon redeemable at the event.

Free general admission and $10 peak-hours access tickets are available by reservation. Each reservation accommodates the ticket holder and one guest. All pop-up purchases are final sale.

EVENT DETAILS

Date: Sunday, September 6, 2026

Time: 9:00 a.m.–5:30 p.m.

Location:

Liberty Ballroom, Courtyard San Diego Airport/Liberty Station

Address: 2592 Laning Road, San Diego, CA 92106

About Azazie

Azazie is a leading direct-to-consumer bridal and special occasion brand offering thoughtfully designed, size-inclusive dresses for weddings, celebrations and life’s most memorable moments.