Manulife financial corporation announces results of conversion privilege of non-cumulative rate reset class 1 shares series 25

C$ unless otherwise stated                                                    tsx/nyse/pse: mfc     sehk: 945 toronto , june 6, 2023 /prnewswire/ - manulife financial corporation ("manulife") today announced that after having taken into account all election notices received by the june 5, 2023 deadline for conversion of its currently outstanding 10,000,000 non-cumulative rate reset class 1 shares series 25 (the "series 25 preferred shares") (tsx: mfc.pr.q) into non-cumulative floating rate class 1 shares series 26 of manulife (the "series 26 preferred shares"), the holders of series 25 preferred shares are not entitled to convert their series 25 preferred shares into series 26 preferred shares. there were 37,044 series 25 preferred shares elected for conversion, which is less than the minimum one million shares required to give effect to conversions into series 26 preferred shares.
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