C$ unless otherwise stated TSX/NYSE/PSE: MFC SEHK: 945 TORONTO, Nov. 6, 2019 /PRNewswire/ - Manulife Financial Capital Trust II (the "Trust"), a subsidiary of Manulife Financial Corporation, today announced its intention to redeem at par on December 31, 2019, all of its outstanding $1 billion principal amount of Manulife Financial Capital Trust II Notes – Series 1 (the "MaCS II"). The MaCS II are redeemable at the Trust's option on December 31, 2019, at a redemption price per MaCS II equal to $1,000 plus accrued and unpaid interest to but not including December 31, 2019. Notice will be delivered to holders of MaCS II in accordance with the Trust's Trust Indenture. After the MaCS II are redeemed, holders of MaCS II will cease to be entitled to interest and will not be entitled to exercise any rights as holders other than to receive the redemption price.