Mr. Dave Jones reports

SUN LIFE AND TRIBAL WI-CHI-WAY-WIN CAPITAL CORPORATION PARTNER TO SERVE CANADIANS AND CREATE LOCAL JOBS IN WINNIPEG

A new three-year partnership between Sun Life Financial Inc. and Tribal Wi-Chi-Way-Win Capital Corp. will see more than 175 jobs created in Winnipeg. TWCC will be working with Sun Life to provide contact centre services for the Canadian dental care plan. TWCC representatives will be assisting Canadians from coast to coast. The partnership will double the size of TWCC's contact centre and bring new employment opportunities to the city of Winnipeg and the province of Manitoba.

"This is a true win-win not only for the organization but also for Manitobans and the indigenous community. We believe this partnership and our continued engagement with our partners brings us one step closer to achieving economic equality," said Alan Park, chief executive officer of TWCC. "The rippling effects of a partnership like this are profound, and we are creating a lasting impact in our community and for our stakeholders. Together, we're boosting the economy and creating new equitable job opportunities."

Since the partnership began, TWCC has hired more than 175 people with a commitment that a minimum of 33 per cent of employees identify as indigenous. TWCC believes in supporting communities through economic development, providing employment opportunities and creating positive economic and social impact.

"We're thrilled to be partnering with an organization that is committed to delivering real and lasting change for the indigenous community. TWCC has been a pillar in the community, having supported federal government programs for the past 22 years. They're experienced and well positioned to help support Sun Life and the CDCP," said Dave Jones, president, Sun Life Health. "We're proud to be working with TWCC and are driven to find more ways to empower indigenous businesses across Canada."

This partnership is representative of Sun Life's commitment to indigenous nations, organizations and peoples. Through this partnership, Sun Life and TWCC are focused on the prosperity of indigenous communities through investments in talent and partners. Together, they are working toward creating strong and more sustainable communities.

About the Canadian dental care plan

The Canadian dental care plan is helping make dental care more affordable for Canadian residents who do not currently have access to dental insurance. By the time it is fully implemented, up to nine million uninsured Canadian residents will benefit from the CDCP. Sun Life is the administrator of the plan. More than 2.7 million Canadians have been approved to receive coverage under the plan, and more than 22,340 oral health providers are participating in the CDCP. This national plan is brightening smiles, helping uninsured Canadians across the country receive the oral health care they need.

"The Canadian dental care plan has helped more than one million Canadians to date receive the critical oral health care they need. I am pleased that this new partnership will result in a significantly expanded contact centre team to further support oral health providers and CDCP clients," said Mark Holland, Minister of Health.

"As part of our ongoing commitment to reconciliation, our government is always looking for ways to increase the participation of indigenous businesses," said Jean-Yves Duclos, Minister of Public Services and Procurement. "The Canadian dental care plan is delivering on that commitment through a partnership between Sun Life and Tribal Wi-Chi-Way-Win Capital Corp. In addition to creating good middle-class jobs for indigenous communities, this partnership will provide an opportunity to make a difference in one of the largest social programs in Canadian history -- providing eligible Canadians with the oral health care they deserve."

About Sun Life Financial Inc.

Sun Life is a leading international financial service 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 Sept. 30, 2024, Sun Life had total assets under management of $1.51-trillion.

Sun Life trades on the Toronto, New York and Philippine stock exchanges under the ticker symbol SLF.