Sun Life reaches settlement in principle to resolve class action

TORONTO, April 30, 2026 /PRNewswire/ - Sun Life Financial Inc. (TSX: SLF) (NYSE: SLF) announced today that it has reached a settlement in principle to resolve a class action relating to individual life insurance policies sold and issued by the Metropolitan Life Insurance Company ("MetLife") in the 1980s and 1990s, which Sun Life inherited through historical Canadian acquisitions. This matter does not involve any policies or products sold by Sun Life.