This document summarizes the agenda and presentations for the 13th Annual Meeting of Common Shareholders of Sun Life Financial Inc. and the 142nd Annual Meeting of Voting Policyholders and the Shareholder of Sun Life Assurance Company of Canada. The agenda included elections of directors and appointment of auditors. Presentations discussed Sun Life's four pillar growth strategy, strong financial performance in 2012, risk reduction activities, and focus on customer experience.

1. 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

2. MAY 8, 2013
James H. Sutcliffe
Chairman of the Board
Sun Life Financial

3. 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

4. Ballots
Blue 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

5. 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

6. 13th Annual Meeting of Common
Shareholders of Sun Life Financial Inc.

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

8. 142nd Annual Meeting of Voting
Policyholders and the Shareholder of
Sun Life Assurance Company of Canada

9. Sun Life Assurance Company of Canada
Yellow Ballot
• Election of Policyholders’ Directors
Written Resolution
• Election of Shareholder’s Directors
Yellow Ballot
• Appointment of the Auditor

10. MAY 8, 2013
Dean A. Connor
President and Chief Executive Officer
Sun Life Financial

11. Our Four Pillar Growth Strategy
Become 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

12. 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%

13. 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

14. Our Four Pillar Growth Strategy
Become 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

15. 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

16. Our Four Pillar Growth Strategy – U.S.
• Grew our distribution force
• Launched new products and tools, and simplified
processes
• Generated strong sales growth

17. Our Four Pillar Growth Strategy – MFS
• Record gross sales
• AUM grew to US$323 billion
• New offices and added distribution strength
• Consistent, high performance

18. 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+

19. Strong performance in 2012
• Insurance sales grew by 9%
• Adjusted premiums and deposits grew by 35%
• Value of New Business grew by 38%

20. Global footprint
• Announced our expansion into
Malaysia
• Obtained regulatory approval to
commence operations in Vietnam

21. Intensifying customer focus

22. Money for Life™

23. Customer experience

30. Questions

31. 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