sun life financial's 142nd annual general meeting

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13 th Annual Meeting of Common Shareholders of Sun Life Financial Inc. 142 nd Annual Meeting of Voting Policyholders and the Shareholder of Sun Life Assurance Company of Canada

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Page 1: Sun Life Financial's 142nd Annual General Meeting

13th Annual Meeting of Common Shareholders of Sun Life Financial Inc.

142nd Annual Meeting of Voting Policyholders and the Shareholder of

Sun Life Assurance Company of Canada

Page 2: Sun Life Financial's 142nd Annual General Meeting

MAY 8, 2013

James H. SutcliffeChairman of the BoardSun Life Financial

Page 3: Sun Life Financial's 142nd Annual General Meeting

13th Annual Meeting of Common Shareholders of Sun Life Financial Inc.

142nd Annual Meeting of Voting Policyholders and the Shareholder of

Sun Life Assurance Company of Canada

Page 4: Sun Life Financial's 142nd Annual General Meeting

BallotsBlue Ballot – Sun Life Financial Inc.• Election of Directors• Appointment of the Auditor • Advisory Vote on Executive Compensation

Yellow Ballot – Sun Life Assurance Company of Canada• Election of Policyholders’ Directors• Appointment of the Auditor

Page 5: Sun Life Financial's 142nd Annual General Meeting

13th Annual Meeting of Common Shareholders of Sun Life Financial Inc.

142nd Annual Meeting of Voting Policyholders and the Shareholder of

Sun Life Assurance Company of Canada

Page 6: Sun Life Financial's 142nd Annual General Meeting

13th Annual Meeting of Common Shareholders of Sun Life Financial Inc.

Page 7: Sun Life Financial's 142nd Annual General Meeting

Sun Life Financial Inc.Blue Ballot • Election of Directors• Appointment of the Auditor• Advisory Vote on Executive Compensation

Page 8: Sun Life Financial's 142nd Annual General Meeting

142nd Annual Meeting of Voting Policyholders and the Shareholder of

Sun Life Assurance Company of Canada

Page 9: Sun Life Financial's 142nd Annual General Meeting

Sun Life Assurance Company of CanadaYellow Ballot• Election of Policyholders’ Directors

Written Resolution• Election of Shareholder’s Directors

Yellow Ballot • Appointment of the Auditor

Page 10: Sun Life Financial's 142nd Annual General Meeting

MAY 8, 2013

Dean A. ConnorPresident and Chief Executive OfficerSun Life Financial

Page 11: Sun Life Financial's 142nd Annual General Meeting

Our Four Pillar Growth StrategyBecome the best performing life insurer in Canada

Enhance our leadership position in U.S. group insurance and become top 5 in voluntary benefits

Grow our asset management business globally

Grow Asia to become a more significant part of Sun Life’s results

Page 12: Sun Life Financial's 142nd Annual General Meeting

Strong performance in 2012• Operating net income was $1.68 billion• Operating Return on Equity (ROE) grew to 12.3%• Assets under management (AUM) a record $533 billion• MCCSR ratio at 209%

Page 13: Sun Life Financial's 142nd Annual General Meeting

Reducing risk• In the U.S., discontinued sale of individual life insurance and annuities

• In Canada, de-risked and re-priced products

• Sale of our U.S. annuity business cuts our equity and interest risk in half

Page 14: Sun Life Financial's 142nd Annual General Meeting

Our Four Pillar Growth StrategyBecome the best performing life insurer in Canada

Enhance our leadership position in U.S. group insurance and become top 5 in voluntary benefits

Grow our asset management business globally

Grow Asia to become a more significant part of Sun Life’s results

Page 15: Sun Life Financial's 142nd Annual General Meeting

Our Four Pillar Growth Strategy – Canada

• Over 3,700 advisors coast to coast

• #2 in Individual Life and Health

• #1 in Group Benefits and Group Retirement Services

• Sun Life Global Investments had $2 billion in sales and AUM of $6 billion

Page 16: Sun Life Financial's 142nd Annual General Meeting

Our Four Pillar Growth Strategy – U.S.

• Grew our distribution force

• Launched new products and tools, and simplified processes

• Generated strong sales growth

Page 17: Sun Life Financial's 142nd Annual General Meeting

Our Four Pillar Growth Strategy – MFS

• Record gross sales

• AUM grew to US$323 billion

• New offices and added distribution strength

• Consistent, high performance

Page 18: Sun Life Financial's 142nd Annual General Meeting

Our Four Pillar Growth Strategy – Asia

• In Hong Kong, jumped to #3 in net flows

• In the Philippines, maintained #1 position and grew sales by 58%

• In Indonesia, grew our agency force to 5,000+

Page 19: Sun Life Financial's 142nd Annual General Meeting

Strong performance in 2012

• Insurance sales grew by 9%

• Adjusted premiums and deposits grew by 35%

• Value of New Business grew by 38%

Page 20: Sun Life Financial's 142nd Annual General Meeting

Global footprint

• Announced our expansion into Malaysia

• Obtained regulatory approval to commence operations in Vietnam

Page 21: Sun Life Financial's 142nd Annual General Meeting

Intensifying customer focus

Page 22: Sun Life Financial's 142nd Annual General Meeting

Money for Life™

Page 23: Sun Life Financial's 142nd Annual General Meeting

Customer experience

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Questions

Page 31: Sun Life Financial's 142nd Annual General Meeting

13th Annual Meeting of Common Shareholders of Sun Life Financial Inc.

142nd Annual Meeting of Voting Policyholders and the Shareholder of

Sun Life Assurance Company of Canada