Sun Life Receives Regulatory Approval of Normal Course Issuer Bid Renewal

TORONTO, May 26, 2026 /PRNewswire/ - Sun Life Financial Inc. (TSX: SLF) (NYSE: SLF) (the "Company") announced today that the Office of the Superintendent of Financial Institutions ("OSFI") and the Toronto Stock Exchange (the "TSX") have approved the renewal of the Company's previously announced normal course issuer bid to purchase up to 10,000,000 of its common shares ("common shares") (representing approximately 1.8% of the 554,255,267 common shares issued and outstanding as at May 15, 2026) (the "NCIB"). The NCIB will provide the Company with the flexibility to acquire common shares in order to return capital to shareholders as part of its overall capital management strategy.