Company: SLFQF
Filing Date: 2025-02-13
Form Type: 40-F
Source: 0001097362-25-000008
Chunk: 2

Company: SUN LIFE FINANCIAL INC
Filing Date: 2025-02-13
Form: 40-F
Chunk 2
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 Codification after April 5, 2012.

1 In connection with the issuance of $1 billion principal amount of 3.60% Limited Recourse Capital Notes (LRCN) Series 2021-1 (Subordinated Indebtedness) on June 30, 2021, the Registrant issued 1 million class A Non-Cumulative Rate Reset Preferred Shares Series 14 (Series 14) at a price of $1,000 per Series 14 share. The Series 14 shares were issued to a consolidated trust to be held as trust assets in connection with the LRCN structure.

Indicate by check mark whether the registrant has filed a report on and attestation to its management’s assessment of the effectiveness of its internal control over financial reporting under Section 404(b) of the Sarbanes-Oxley Act (15 U.S.C. 7262(b)) by the registered public accounting firm that prepared or issued its audit report. ☒

If securities are registered pursuant to Section 12(b) of the Act, indicate by check mark whether the financial statements of the registrant included in the filing reflect the correction of an error to previously issued financial statement s. ☐

Indicate by check mark whether any of those error corrections are restatements that required a recovery analysis of incentive-based compensation received by any of the registrant’s executive officers during the relevant recovery period pursuant to §240.10D-1(b). ☐

### INCORPORATION BY REFERENCE
The following information is incorporated by reference in this annual report on Form 40-F:

### Disclosure Controls and Procedures
The information under the heading “Accounting and Control Matters – Disclosure Controls and Procedures” in Sun Life Financial Inc.’s (the “ Company ”) Management’s Discussion and Analysis for the year ended December 31, 2024 (the “ 2024 Annual MD&A ”) is incorporated by reference herein.

A copy of the Company’s 2024 Annual MD&A is attached hereto as Exhibit 99.1 .

Management’s Annual Report on Internal Control Over Financial Reporting

The information under the heading “Accounting and Control Matters – Disclosure Controls and Procedures – Management’s Report on Internal Control over Financial Reporting” in the Company’s 2024 Annual MD&A and the information in the management report titled “Financial Reporting Responsibilities”, attached to the Company’s annual consolidated financial statements for the year ended December 31, 2024 (the “ 2024 Annual Financial Statements” )