Exhibit 99-2 - News Release (Common Share Dividend)

Exhibit 99.2

News

Release

C$ unless otherwise statedTSX/NYSE/PSE: MFC SEHK: 945

For Immediate Release

February 19, 2025

Manulife increases common shareholders’ dividend by 10.0%

Toronto - Manulife’s Board of Directors today announced an increase of 10.0% or 4 cents per

share to its quarterly common shareholders’ dividend resulting in a dividend of $0.44 per share

on the common shares of Manulife, payable on and after March 19, 2025, to shareholders of

record at the close of business on March 5, 2025.

In respect of the Company’s Canadian Dividend Reinvestment and Share Purchase Plan and its

U.S. Dividend Reinvestment and Share Purchase Plan, the Company will purchase common

shares on the open market in connection with the reinvestment of dividends and optional cash

purchases under these plans. The purchase price of these common shares will be based on the

average of the actual cost to purchase them and there are no applicable discounts.

About Manulife

Manulife Financial Corporation is a leading international financial services provider, helping

people make their decisions easier and lives better. With our global headquarters in Toronto,

Canada, we provide financial advice and insurance, operating as Manulife across Canada, Asia,

and Europe, and primarily as John Hancock in the United States. Through Manulife Wealth &

Asset Management, we offer global investment, financial advice, and retirement plan services to

individuals, institutions, and retirement plan members worldwide. At the end of 2023, we had

more than 38,000 employees, over 98,000 agents, and thousands of distribution partners,

serving over 35 million customers. We trade as ‘MFC’ on the Toronto, New York, and the

Philippine stock exchanges, and under ‘945’ in Hong Kong.

Not all offerings are available in all jurisdictions. For additional information, please

visit manulife.com.