PR Newswire | Feb 10, 2021 05:02PM EST

02/10 16:02 CST

Sun Life declares dividends on Common and Preferred Shares payable in Q1 2021 TORONTO, Feb. 10, 2021

TORONTO, Feb. 10, 2021 /PRNewswire/ - The Board of Directors (the "Board") of Sun Life Financial Inc. (the "Company") (TSX: SLF) (NYSE: SLF) today announced that a dividend of $0.55 per share on the common shares of the Company has been declared, payable March 31, 2021 to shareholders of record at the close of business on March 1, 2021. This is the same amount as paid in the previous quarter.

The Board also announced that the following dividends have been declared on the Company's Class A Non-Cumulative Preferred Shares, payable on March 31, 2021 to shareholders of record at the close of business on March 1, 2021:

Series 1 $0.296875 per share

Series 2 $0.30 per share

Series 3 $0.278125 per share

Series 4 $0.278125 per share

Series 5 $0.28125 per share

Series 8R $0.114063 per share

Series 9QR $0.093637 per share

Series 10R $0.177625 per share

Series 11QR $0.140486 per share

Series 12R $0.237875 per share

Common shares of the Company acquired under the Company's Canadian Dividend Reinvestment and Share Purchase Plan (the "Plan") will be purchased by the Plan agent on the open market through the facilities of the Toronto Stock Exchange and through the facilities of other Canadian stock exchanges and alternative Canadian trading platforms.

Sun Life Financial Inc. has designated the dividends referred to above as eligible dividends for the purposes of the Income Tax Act (Canada).

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 December 31, 2020, Sun Life had total assets under management of $1,247 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: Irene PoonManager Corporate Communications T. 416-988-0542 irene.poon@sunlife.com

Investor Relations Contact: Leigh Chalmers Senior Vice-President, Head of Investor Relations & Capital Management T. 647-256-8201 investor_relations@sunlife.com

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SOURCE Sun Life Financial Inc.