PR Newswire | Sep 25, 2020 05:01PM EDT

Debentures

09/25 16:01 CDT

Sun Life redeems Series 2015-1 Subordinated Unsecured 2.60% Fixed/Floating Debentures TORONTO, Sept. 25, 2020

TORONTO, Sept. 25, 2020 /PRNewswire/ - Sun Life Financial Inc. (TSX: SLF) (NYSE: SLF) announced today that it completed the redemption of all of its outstanding $500 million principal amount of Series 2015-1 Subordinated Unsecured 2.60% Fixed/Floating Debentures.

About Sun LifeSun Life is a leading international financial services organization providing insurance, wealth and asset management solutions to individual and corporate Clients. Sun Life has operations in a number of markets worldwide, including Canada, the United States, the United Kingdom, Ireland, Hong Kong, the Philippines, Japan, Indonesia, India, China, Australia, Singapore, Vietnam, Malaysia and Bermuda. As of June 30, 2020, Sun Life had total assets under management of $1,122 billion. For more information please visit www.sunlife.com.

Sun Life Financial Inc. trades on the Toronto (TSX), New York (NYSE) and Philippine (PSE) stock exchanges under the ticker symbol SLF.

Note to editors: All figures in Canadian dollars

Media Relations Contact:Investor Relations Contact:

Irene Poon Leigh Chalmers

Manager Senior Vice-President,

Corporate CommunicationsHead of Investor Relations & Capital Management

T. 416-988-0542 T. 647-256-8201

irene.poon@sunlife.com investor_relations@sunlife.com

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SOURCE Sun Life Financial Inc.