Dr. Dan Fishbein reports

SUN LIFE U.S. RE-OPENS WELLESLEY OFFICE WITH NEW, MODERN DESIGN, FEATURING AREAS FOR COLLABORATION AND SOCIALIZING, INCLUDING PATIO WITH FIREPLACE

Sun Life Financial Inc.'s Sun Life U.S. yesterday held a ribbon-cutting ceremony to reopen its newly designed office in Wellesley, Mass. The more than 94,000 square feet of office space features unique collaboration spaces and various individual work areas, as well as comfortable areas for socializing, including a deck with a fireplace. The office exemplifies Sun Life's approach to the future of work, which uses a choice model, allowing employees to decide for themselves whether they work from an office or home each day. When they choose to work at the office, they have a broad range of workstations to use throughout the day, whether doing quiet work or meeting with colleagues. The office also offers spaces that provide the comforts of home, including well-equipped kitchens and areas resembling chic living rooms to relax or socialize.

The office design not only promotes productivity but wellness as well, offering amenities like bike and walking paths, treadmill desk offices, locker rooms with showers, a yoga/fitness room, a prayer/meditation room, and a relaxation room that can be utilized by nursing mothers or any employee who needs time for themselves.

"Our newly designed and renovated Wellesley office is part of how we see the future of work as we rethink the way we use office space and interact with our colleagues," said Dr. Dan Fishbein, MD, president of Sun Life U.S. "We want our office to be a magnet, not a mandate. Employees decide for themselves whether to come to work at one of our offices, but, when they do, they get a unique, modern setting that meets all their needs, whether they are running a large meeting, hosting a client, going for a workout or just looking for a comfortable place to catch up on e-mail."

The new office design also prioritizes sustainability, a global focus for Sun Life. LED (light-emitting diode) lighting is used throughout the building, along with water-efficient facilities, several areas of greenery, including moss walls, and an active waste recycling system.

The Wellesley facility is one of seven major offices supporting Sun Life U.S., most of which have a similar future-of-work design. The two most recent openings are brand new Sun Life offices in Hartford, Conn., and Portland, Me. -- two major hubs for the health and benefits industry.

The redesigned Wellesley office can accommodate up to 890 employees, with more than 1,300 workstations, allowing people to utilize different areas throughout the day, depending on the work they are doing. Currently, more than 1,300 Sun Life U.S. employees live within commuting distance of the Wellesley office.

About Sun Life Financial Inc.

Sun Life is a leading international financial services organization providing asset management, wealth, insurance and health solutions to individual and institutional 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 March 31, 2023, Sun Life had total assets under management of $1.36-trillion.

Sun Life Financial trades on the Toronto Stock Exchange, the New York Stock Exchange the and Philippine Stock Exchange under the ticker symbol SLF.

Sun Life U.S. is one of the largest providers of employee and government benefits, helping more than 50 million Americans access the health care and coverage they need. Through employers, industry partners and government programs, Sun Life U.S. offers a portfolio of benefits and services, including dental, vision, disability, absence management, life, supplemental health, medical stop-loss insurance and health care navigation. Sun Life U.S. and affiliated companies in asset management employ approximately 8,000 people in the United States. Group insurance policies are issued by Sun Life Assurance Company of Canada (Wellesley Hills, Mass.), except in New York, where policies are issued by Sun Life and Health Insurance Company (U.S.) (Lansing, Mich.).