Exhibit 99.1

News

Release

C$ unless otherwise statedTSX/NYSE/PSE: MFC    SEHK: 945

For Immediate Release

May 7, 2025

Manulife declares common share dividend

Toronto - Manulife’s Board of Directors today announced a quarterly common shareholders’ dividend of

$0.44 per share on the common shares of Manulife, payable on and after June 19, 2025, to shareholders

of record at the close of business on May 21, 2025.

In respect of the Company’s Canadian Dividend Reinvestment and Share Purchase Plan and its U.S.

Dividend Reinvestment and Share Purchase Plan, the Company will purchase common shares on the

open market in connection with the reinvestment of dividends and optional cash purchases under these

plans. The purchase price of these common shares will be based on the average of the actual cost to

purchase them and there are no applicable discounts.

About Manulife

Manulife Financial Corporation is a leading international financial services provider, helping our customers

make their decisions easier and lives better. With our global headquarters in Toronto, Canada, we operate

as Manulife across Canada, Asia, and Europe, and primarily as John Hancock in the United States,

providing financial advice and insurance for individuals, groups, and businesses. Through Manulife

Wealth & Asset Management, we offer global investment, financial advice, and retirement plan services to

individuals, institutions, and retirement plan members worldwide. At the end of 2024, we had more than

37,000 employees, over 109,000 agents, and thousands of distribution partners, serving over 36 million

customers. We trade as ‘MFC’ on the Toronto, New York, and the Philippine stock exchanges, and under

‘945’ in Hong Kong.

Not all offerings are available in all jurisdictions. For additional information, please visit manulife.com. 

Media Inquiries:Investor Relations:

Fiona McLeanHung Ko

ManulifeManulife

437-441-7491416-806-9921

fiona_mclean@manulife.comhung_ko@manulife.com