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SUN
LIFE FINANCIAL INC. 
FORM OF SHAREHOLDER PROXY 

for the May 11, 2005 Annual Meeting
    
    (SUN LIFE FINANCIAL LOGO)
 Your control number is:See reverse side for
instructions
 for
submitting your proxy
 The UNDERSIGNED shareholder of SUN LIFE FINANCIAL INC.(the Corporation) hereby appoints
William W. Stinson, Chairman of the Board, or failing him, Bertin F. Nadeau, Chairman of the
Governance Committee, or failing him, a director of the Corporation appointed by the directors
present at the meeting, or instead of any of the foregoing,
_______ as the proxy holder of the undersigned to attend, vote
and act on behalf of the undersigned at the Annual Meeting of the Corporation to be held on May 11,
2005 and at a continuation of the meeting after any adjournment thereof, to the same extent and
with the same powers as if the undersigned were personally present at such meeting or any such
continuation thereof. A shareholder has the right to appoint a person other than those designated
above by inserting the name of such person in the space provided above. INFORMATION ON ALL MATTERS LISTED BELOW CAN BE FOUND IN THE MANAGEMENT INFORMATION CIRCULAR DATED MARCH 21, 2005.The directors and management recommend shareholders vote FOR
the matters below. Unless otherwise specified, the proxy holders
designated by the directors and management intend to vote FORthe
matters below:
    
    
    The directors and management recommend shareholders vote AGAINST
the matters below. Unless otherwise specified, the proxy holders
designated by the directors and management intend to vote AGAINSTthe
matters below:1. ELECTION OF DIRECTORS
    
    
    3. SHAREHOLDER PROPOSAL No. 1
    
    o FOR o AGAINST01. James C. Baillie
    
    08. Idalene F. Kesner
    
    
    4. SHAREHOLDER PROPOSAL No. 2
    
    o FOR o AGAINST02. George W. Carmany, III
    
    09. Bertin F. Nadeau
    
    
    5. SHAREHOLDER PROPOSAL No. 3
    
    o FOR o AGAINST03. William R. Fatt
    
    10. Ronald W. Osborne
    
    
    6. SHAREHOLDER PROPOSAL No. 4
    
    o FOR o AGAINST04. David A. Ganong
    
    11. C. James Prieur
    
    
    7. SHAREHOLDER PROPOSAL No. 5
    
    o FOR o AGAINST05. Germaine Gibara
    
    12. Donald A. Stewart
    
    
    8. SHAREHOLDER PROPOSAL No. 6
    
    o FOR o AGAINST06. Krystyna T. Hoeg
    
    13. W. Vickery Stoughton
    
    
    9. SHAREHOLDER PROPOSAL No. 7
    
    o FOR o AGAINST07. David W. Kerr
    
    
    
    
    10. SHAREHOLDER PROPOSAL No. 8
    
    o FOR o AGAINSTTo withhold your vote for an individual nominee, strike a line through
that nominees name.
    
    
    11. SHAREHOLDER PROPOSAL No. 9
12. SHAREHOLDER PROPOSAL No. 10
    
    o FOR o AGAINSTo FOR o AGAINSTo FORall nominees listed above (except as marked to the contrary)o WITHHOLDfor all director nominees listed above2. APPOINTMENT
OF DELOITTE & TOUCHE LLP AS AUDITORSo
FOR     o WITHHOLD
 Signature
 all shareholders must sign
    
    
    Date (dd/mm/yy)X
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Notes to the Form of Proxy This form of proxy is solicited by and on behalf of the Board of Directors and management.This
proxy is valid only for the Annual Meeting on May 11, 2005, and a continuation of the Annual
Meeting after any adjournment thereof.  a)
    If the shareholder intends to vote by proxy, this form of proxy must be signed and
dated by the shareholder. All signatures should agree with the names on this proxy. If the
shareholder is a corporation, it must be signed by a duly authorized signing officer whose
title should be provided.  b)
    If this form of proxy is signed pursuant to a power of attorney, written evidence of
the appointment of the attorney must be returned with the completed proxy.  c)
    Should any of the nominees named in paragraph 1 of this proxy be unable to serve as a
director for any reason, the proxy holder reserves the right to vote for another nominee in
his or her discretion unless the proxy holder has been specifically instructed on this form
of proxy to withhold the vote for the election of directors.  d)
    This form of proxy confers discretionary authority upon the proxy holder with respect
to matters that may properly come before the meeting.  e)
    A duly completed form of proxy or alternate form of submission as described below, must
be received by the Corporations transfer agent and registrar, CIBC Mellon Trust Company,
no later than 5:00 pm (Toronto time) on Monday, May 9, 2005 or two business days prior to a
continuation of the meeting after any adjournment.  f)
    This proxy must be delivered in accordance with the provisions set out in the
Management Information Circular dated March 21, 2005. Instructions For Submitting Your Proxy By Mail:
    
    Mark, sign, date and return in the envelope provided.By Fax:
    
    Mark, sign, date and fax to 416-368-2502.By Telephone:
    
    Only from Canada or the United States, using a touch-tone telephone, call toll free 1-866-271-1207 (English and French)
and follow the
voice instructions. You will need to refer to this proxy form and to your control number printed on the front of this form.By Internet:
    
    Access website www.eproxyvoting.com/slf (English and French) and follow the instructions on the website. You will need to
refer to
your control number printed on the front of this form.
 THIS IS THE END OF THE PROXY FORM FOR THE 2005 ANNUAL MEETING.  PLEASE READ AND COMPLETE THE BOXES BELOW.
  Annual Financial Statements Current legislation requires Sun Life Financial Inc. to ask all non-registered shareholders who
have requested to receive all materials, if they wish to receive annual financial statements. If
you do not provide instructions, the annual financial statements will NOT be mailed to you. You
will be asked this question annually. o YES  I wish to receive 2005 annual financial statements.    Electronic Delivery of Documents Securities law permits the delivery to you of some documents by electronic means. You must
provide your consent to such delivery by completing the Electronic Delivery Registration Form below
and returning it in the envelope provided. We encourage you to take advantage of this service. You may change your e-mail address at any time by writing to the transfer agent at: CIBC Mellon
Trust Company, PO Box 7010, Adelaide Street Postal Station, Toronto, Ontario, Canada M5C 2W9 or by
e-mail at Inquiries@cibcmellon.com. E-Delivery Registration Form                                         Shareholder Account Number: To: CIBC Mellon Trust Company  o YES  I wish to receive materials prepared by Sun Life Financial Inc. such as notices of
annual or special shareholder meetings, information circulars, annual financial statements and
other information required to be sent to its shareholders, electronically. E-mail address:
 Signature
    
    
    Date (dd/mm/yy)X
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