Insurance&Tech_TLB_12.12.19

Manulife announces $100,000 donation to support communities impacted by the Nova Scotia tragedy

Press Release from Manulife Financial Corporation

Supporting Canadian Red Cross Stronger Together Nova Scotia Fund and the Mental Health Foundation of Nova Scotia

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

TORONTO, May 8, 2020 /CNW/ - Today, Manulife announced a $100,000 donation to support the health and well-being of communities impacted by the tragic events on April 18 and 19.

"As proud, long-standing members of the Nova Scotia community, we want to demonstrate that Manulife stands with the people of Nova Scotia in these difficult times and is providing funds and support where it's needed most," said Mike Doughty, President and CEO, Manulife Canada.

Manulife is a member of the Canadian Red Cross Disaster Response Alliance, which brings together leading Canadian companies to help meet the increasing need for disaster response and bolster disaster preparedness. Support for this fund allows the Canadian Red Cross to assist with recovery and resiliency in the most effective way through consultation with affected families, individuals, and communities.

"The Mental Health Foundation of Nova Scotia is incredibly grateful to our friends at Manulife for this generous gift," says Starr Cunningham, Foundation President & CEO. "We have had the pleasure of working with the Nova Scotia office on several education and awareness projects over the last few years, which have had a very positive impact. This national support for Nova Scotians living with mental illness and addiction will go a long way toward changing the way people think, particularly during these trying and heartbreaking times."

The Mental Health Foundation of Nova Scotia has strong relationships with partners and agencies communities across the province and works to increase financial support to community initiatives throughout Nova Scotia while providing hope and eradicating the stigma around mental illness and addiction. Manulife's donation will go to increasing funding for its partners online mental health support and other solutions as a result of COVID-19 implications.

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 2019, we had more than 35,000 employees, over 98,000 agents, and thousands of distribution partners, serving almost 30 million customers. As of March 31, 2020, we had $1.2 trillion (US$0.8 trillion) in assets under management and administration, and in the previous 12 months we made $30.4 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.

SOURCE Manulife Financial Corporation

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