Table of Contents Exhibit 99.1 First Quarter Report to Shareholders Three months ended March 31, 2024 Table of Contents Manulife Financial Corporation (“Manulife” or the “Company”) reported its first quarter results for the period ended March 31, 2024, delivering strong core ROE and topline growth, and closing the largest long-term care (“LTC”) reinsurance transaction in the industry. Key highlights for the first quarter of 2024 (“1Q24”) include: • Core earnings1 of $1.8 billion, up 16% on a constant exchan ...