Prospectus Supplement

John Hancock Funds II

Multi-Index Lifestyle Portfolios

Multi-Index Lifetime Portfolios

Multi-Index Preservation Portfolios

Multimanager Lifetime Portfolios (the funds)

Supplement dated December 15, 2022 to the current Summary Prospectus, as may be supplemented (the Prospectus)

As of January 1, 2023 (the Effective Date), Geoffrey Kelley, CFA and David Kobuszewski, CFA will be added as portfolio managers of the funds. As of the Effective Date, Geoffrey Kelley, CFA, David Kobuszewski, CFA, Nathan W. Thooft, CFA and Robert E. Sykes, CFA will be jointly and primarily responsible for the day-to-day management of the funds’ portfolios.

Accordingly, as of the Effective Date, the following amends and supplements each fund’s portfolio manager information under the heading “Portfolio management” in the “Fund summary” section of the Prospectus for each fund:

Geoffrey Kelley, CFA
Senior Managing Director, Senior Portfolio Manager and Global Head of Strategic Asset Allocation, Multi-Asset Solutions Team
Managed the fund since 2023 David Kobuszewski, CFA
Managing Director, Portfolio Manager and Senior Investment Analyst, Multi-Asset Solutions Team
Managed the fund since 2023

You should read this Supplement in conjunction with the Summary Prospectus and retain it for your future reference.

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