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Nov. 25, 2025 4:23 PM ETSun Life Financial Inc. (SLF:CA) Stock, SLF Stock, SUNFF Stock, SLFIF Stock, SLF.PR.C:CA Stock, SLF.PR.D:CA Stock, SLF.PR.G:CA Stock, SLF.PR.J:CA Stock, SLF.PR.K:CA Stock, SLF.PR.H:CA Stock, SLF.PR.E:CA Stock, SNLI.F StockSLF:CA, SLF, SUNFF, SLFIF, SLF.PR.C:CA, SLF.PR.D:CA, SLF.PR.G:CA, SLF.PR.J:CA, SLF.PR.K:CA, SLF.PR.H:CA, SLF.PR.E:CA, SNLI.F

Sun Life Financial Inc. (SLF:CA) Desjardins Toronto Conference November 25, 2025 9:30 AM EST

Company Participants

Timothy Deacon – Executive VP & CFO

Conference Call Participants

Doug Young – Desjardins Securities Inc., Research Division

Presentation

Doug Young
Desjardins Securities Inc., Research Division

Next up, we have Tim Deacon, EVP and CFO of Sun Life. And thank you very much for participating.

Timothy Deacon
Executive VP & CFO

It’s a pleasure. Likewise.

Doug Young
Desjardins Securities Inc., Research Division

Great to see you and hoping to have a pretty good fruitful discussion because your stock is a hot topic these days.

Question-and-Answer Session

Doug Young
Desjardins Securities Inc., Research Division

So — but maybe we can start out big picture, talk about 3 strategic or 4 strategic priorities that you and the management team are spending more time on and talk a bit about why.

Timothy Deacon
Executive VP & CFO

Yes, happy to. So first off, great to be here. And it sort of feels like this time of the year, it’s a reflective period, right, to reflect on all that was accomplished in the year and what’s ahead. So thinking about priorities, there’s no shortage of them for us.

The first really is the excitement and momentum that we have around our asset management business. So being Canada’s largest asset manager by assets under management, we just surpassed $1.6 trillion of assets under management. And in some ways, I feel like we’re just getting started. And what I mean by that is we just recently announced that we formalized our asset management pillar under common leadership, and that’s bringing together all of our capabilities, public and private under common leadership. And what that will do for us is really help us unlock the synergies that we see across our insurance part of our business as well as our asset

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