Sun Life Financial Inc. announces that it resets the interest rate on its $1 billion principal amount of 3.60% Limited Recourse Capital Notes Series 2021-1 (Subordinated Indebtedness) (the “Notes”). In a notice released on June 29, 2026, the company states it is setting the interest rate for the Notes’ five-year period, following the terms of the issuance. The company identifies the Notes as limited recourse capital notes, which are treated as subordinated indebtedness. Sun Life’s disclosure is presented in the context of the company’s listed securities in Canada and the United States (TSX: SLF and NYSE: SLF).