# EDGAR Filing Document

**Accession Number:** 0001331971
**File Stem:** 0001145549-25-051148
**Filing Date:** 2025-8
**Character Count:** 610347
**Document Hash:** 09dc376c563d98ae16b2ebc5f308b514
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001145549-25-051148.hdr.sgml**: 20250812

**ACCESSION NUMBER**: 0001145549-25-051148

**CONFORMED SUBMISSION TYPE**: N-CSRS

**PUBLIC DOCUMENT COUNT**: 20

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250812

**DATE AS OF CHANGE**: 20250812

**EFFECTIVENESS DATE**: 20250812

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** John Hancock Funds II
- **CENTRAL INDEX KEY:** 0001331971

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** MA
- **FISCAL YEAR END:** 0831

**FILING VALUES:**
- **FORM TYPE:** N-CSRS
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-21779
- **FILM NUMBER:** 251205964

**BUSINESS ADDRESS:**
- **STREET 1:** C/O JOHN HANCOCK FUNDS
- **STREET 2:** 200 BERKELEY STREET
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02116
- **BUSINESS PHONE:** 617-663-2166

**MAIL ADDRESS:**
- **STREET 1:** C/O JOHN HANCOCK FUNDS
- **STREET 2:** 200 BERKELEY STREET
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02116

## Series and Classes Contracts Data

### Multimanager Lifestyle Aggressive Portfolio (Series ID: S000003335)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000009050 | Class A      | JALAX           |
| C000009052 | Class C      | JCLAX           |
| C000009054 | Class R4     | JSLAX           |
| C000009055 | Class R5     | JTLAX           |
| C000009056 | Class 1      | JILAX           |
| C000106452 | Class R6     | JULAX           |
| C000113497 | Class R2     | JQLAX           |
| C000155628 | Class I      | JTAIX           |

### Multimanager Lifestyle Balanced Portfolio (Series ID: S000003337)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000009062 | Class A      | JALBX           |
| C000009064 | Class C      | JCLBX           |
| C000009066 | Class R4     | JSLBX           |
| C000009067 | Class R5     | JTSBX           |
| C000009068 | Class 1      | JILBX           |
| C000034075 | Class 5      | JHLAX           |
| C000106453 | Class R6     | JULBX           |
| C000113498 | Class R2     | JQLBX           |
| C000155629 | Class I      | JTBIX           |

### Multimanager Lifestyle Conservative Portfolio (Series ID: S000003338)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000009071 | Class A      | JALRX           |
| C000009073 | Class C      | JCLCX           |
| C000009075 | Class R4     | JSLCX           |
| C000009076 | Class R5     | JTLRX           |
| C000009077 | Class 1      | JILCX           |
| C000106454 | Class R6     | JULCX           |
| C000113499 | Class R2     | JQLCX           |
| C000155630 | Class I      | JTOIX           |

### Multimanager Lifestyle Growth Portfolio (Series ID: S000003339)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000009080 | Class A      | JALGX           |
| C000009082 | Class C      | JCLGX           |
| C000009084 | Class R4     | JSLGX           |
| C000009085 | Class R5     | JTLGX           |
| C000009086 | Class 1      | JILGX           |
| C000034076 | Class 5      | JHLGX           |
| C000106455 | Class R6     | JULGX           |
| C000113500 | Class R2     | JQLGX           |
| C000155631 | Class I      | JTGIX           |

### Multimanager Lifestyle Moderate Portfolio (Series ID: S000003342)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000009099 | Class A      | JALMX           |
| C000009101 | Class C      | JCLMX           |
| C000009103 | Class R4     | JSLMX           |
| C000009104 | Class R5     | JTLMX           |
| C000009105 | Class 1      | JILMX           |
| C000034077 | Class 5      | JHLMX           |
| C000106456 | Class R6     | JULMX           |
| C000113501 | Class R2     | JQLMX           |
| C000155632 | Class I      | JTMIX           |

?xml version='1.0' encoding='ASCII'? 8ddd903b6332977

#### UNITED STATES

#### SECURITIES AND EXCHANGE COMMISSION

#### Washington, D.C. 20549

------

#### FORM N-CSR

------

#### CERTIFIED SHAREHOLDER REPORT OF REGISTERED MANAGEMENT INVESTMENT COMPANIES

#### Investment Company Act file number

#### 811-21779

#### JOHN HANCOCK FUNDS II
(Exact name of registrant as specified in charter)

------

200 BERKELEY STREET, BOSTON, MA 02116

(Address of principal executive offices) (Zip code)

SALVATORE SCHIAVONE

TREASURER

200 BERKELEY STREET

BOSTON, MA 02116

(Name and address of agent for service)

#### Registrant's telephone number, including area code:
&nbsp;&nbsp;&nbsp;&nbsp;(617) 543-9634

#### Date of fiscal year end:

#### December 31

#### Date of reporting period:

#### June 30, 2025
ITEM 1. REPORTS TO STOCKHOLDERS

The Registrant prepared the following semiannual reports to shareholders for the six months ended June 30, 2025:

John Hancock Multimanager Lifestyle Portfolios:

* John Hancock Multimanager Lifestyle Aggressive Portfolio

* John Hancock Multimanager Lifestyle Growth Portfolio

* John Hancock Multimanager Lifestyle Balanced Portfolio

* John Hancock Multimanager Lifestyle Moderate Portfolio

* John Hancock Multimanager Lifestyle Conservative Portfolio

![Manulife JH front rebranded logo-TSR and FS](images_5123.jpg)

## John Hancock Multimanager Lifestyle Aggressive Portfolio
Class 1/JILAX

#### Semiannual SHAREHOLDER REPORT \| June 30, 2025
This semiannual shareholder report contains important information about the John Hancock Multimanager Lifestyle Aggressive Portfolio (the fund) for the period of January 1, 2025 to June 30, 2025. You can find additional information about the fund at jhinvestments.com/underlying-funds. You can also request this information by contacting us at 800-344-1029.

#### What were the fund costs during the last six months ?

#### (Based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| **Fund (Class)** | **Costs of a $10,000 investment** | **Costs paid as a percentage<br>of a $10,000 investment** |
| Multimanager Lifestyle Aggressive Portfolio<br>(Class 1/JILAX) | $8 | 0.16% |

---

Fund Statistics

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;**Fund net assets** | &nbsp;&nbsp;&nbsp;&nbsp;$3218679192 |
| &nbsp;&nbsp;&nbsp;&nbsp;**Total number of portfolio holdings** | &nbsp;&nbsp;&nbsp;&nbsp;26 |
| &nbsp;&nbsp;&nbsp;&nbsp;**Portfolio turnover rate** | &nbsp;&nbsp;&nbsp;&nbsp;28% |

---

#### Graphical Representation of Holdings
The table below shows the investment makeup of the fund, representing a percentage of the total net assets of the fund.

**Asset Allocation**

---

| | |
|:---|:---|
| **Affiliated investment companies** | **99.3%** |
| **Equity** | **91.6%** |
| U.S. large cap | 38.0% |
| International equity | 25.1% |
| U.S. mid cap | 11.3% |
| Emerging-market equity | 6.4% |
| Large blend | 6.2% |
| U.S. small cap | 4.6% |
| **Fixed income** | **2.7%** |
| Short-term bond | 2.0% |
| Emerging-market debt | 0.5% |
| High yield bond | 0.2% |
| **Alternative and specialty** | **5.0%** |
| Sector equity | 4.1% |
| Absolute return | 0.9% |
| **U.S. Government** | **0.7%** |

---

Holdings may not have been held by the fund for the entire period and are subject to change without notice. Portfolio composition is subject to review in accordance with the fund's investment strategy and may vary in the future. Current and future portfolio holdings are subject to risk and may change at any time.

*The fund is subject to various risks as described in the fund's prospectus . For more information, please refer to the "Principal risks" section of the prospectus .* 

Availability of Additional Information

![Underlying site QR code](images_5143.jpg)

At jhinvestments.com/underlying-funds, you can find additional information about the fund, including the fund's:

* Prospectus

* Financial information

* Fund holdings

* Proxy voting information

**This report is for the information of the shareholders in this fund. It is not authorized for distribution to prospective investors unless preceded or accompanied by the fund's prospectus.**

![Manulife JH front rebranded logo-TSR and FS](images_5123.jpg)

John Hancock Investment Management Distributors LLC, Member FINRA, SIPC, 200 Berkeley Street, Boston, MA 02116, 800-225-5291, jhinvestments.com

Manulife, Manulife Investments, Stylized M Design, and Manulife Investments & Stylized M Design are trademarks of The Manufacturers Life Insurance Company and John Hancock and the Stylized John Hancock Design are trademarks of John Hancock Life Insurance Company (U.S.A.). Each are used by it and by its affiliates under license.

NOT FDIC INSURED. MAY LOSE VALUE. NO BANK GUARANTEE. NOT INSURED BY ANY GOVERNMENT AGENCY.

MF4618629

96SA-1

6/25

8/25

John Hancock Multimanager Lifestyle Aggressive Portfolio

![Manulife JH front rebranded logo-TSR and FS](images_5123.jpg)

## John Hancock Multimanager Lifestyle Aggressive Portfolio
Class A/JALAX

#### Semiannual SHAREHOLDER REPORT \| June 30, 2025
This semiannual shareholder report contains important information about the John Hancock Multimanager Lifestyle Aggressive Portfolio (the fund) for the period of January 1, 2025 to June 30, 2025. You can find additional information about the fund at jhinvestments.com/documents. You can also request this information by contacting us at 800-225-5291.

#### What were the fund costs during the last six months ?

#### (Based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| **Fund (Class)** | **Costs of a $10,000 investment** | **Costs paid as a percentage<br>of a $10,000 investment** |
| Multimanager Lifestyle Aggressive Portfolio<br>(Class A/JALAX) | $27 | 0.52% |

---

Fund Statistics

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;**Fund net assets** | &nbsp;&nbsp;&nbsp;&nbsp;$3218679192 |
| &nbsp;&nbsp;&nbsp;&nbsp;**Total number of portfolio holdings** | &nbsp;&nbsp;&nbsp;&nbsp;26 |
| &nbsp;&nbsp;&nbsp;&nbsp;**Portfolio turnover rate** | &nbsp;&nbsp;&nbsp;&nbsp;28% |

---

#### Graphical Representation of Holdings
The table below shows the investment makeup of the fund, representing a percentage of the total net assets of the fund.

**Asset Allocation**

---

| | |
|:---|:---|
| **Affiliated investment companies** | **99.3%** |
| **Equity** | **91.6%** |
| U.S. large cap | 38.0% |
| International equity | 25.1% |
| U.S. mid cap | 11.3% |
| Emerging-market equity | 6.4% |
| Large blend | 6.2% |
| U.S. small cap | 4.6% |
| **Fixed income** | **2.7%** |
| Short-term bond | 2.0% |
| Emerging-market debt | 0.5% |
| High yield bond | 0.2% |
| **Alternative and specialty** | **5.0%** |
| Sector equity | 4.1% |
| Absolute return | 0.9% |
| **U.S. Government** | **0.7%** |

---

Holdings may not have been held by the fund for the entire period and are subject to change without notice. Portfolio composition is subject to review in accordance with the fund's investment strategy and may vary in the future. Current and future portfolio holdings are subject to risk and may change at any time.

*The fund is subject to various risks as described in the fund's prospectus . For more information, please refer to the "Principal risks" section of the prospectus .* 

Availability of Additional Information

![TSR QR Code](images_5144.jpg)

At jhinvestments.com/documents, you can find additional information about the fund, including the fund's:

* Prospectus

* Financial information

* Fund holdings

* Proxy voting information

You can also request this information by contacting us at 800-225-5291.

**This report is for the information of the shareholders in this fund. It is not authorized for distribution to prospective investors unless preceded or accompanied by the fund's prospectus.**

![Manulife JH front rebranded logo-TSR and FS](images_5123.jpg)

John Hancock Investment Management Distributors LLC, Member FINRA, SIPC, 200 Berkeley Street, Boston, MA 02116, 800-225-5291, jhinvestments.com

Manulife, Manulife Investments, Stylized M Design, and Manulife Investments & Stylized M Design are trademarks of The Manufacturers Life Insurance Company and John Hancock and the Stylized John Hancock Design are trademarks of John Hancock Life Insurance Company (U.S.A.). Each are used by it and by its affiliates under license.

NOT FDIC INSURED. MAY LOSE VALUE. NO BANK GUARANTEE. NOT INSURED BY ANY GOVERNMENT AGENCY.

MF4618629

96SA-A

6/25

8/25

John Hancock Multimanager Lifestyle Aggressive Portfolio

![Manulife JH front rebranded logo-TSR and FS](images_5123.jpg)

## John Hancock Multimanager Lifestyle Aggressive Portfolio
Class C/JCLAX

#### Semiannual SHAREHOLDER REPORT \| June 30, 2025
This semiannual shareholder report contains important information about the John Hancock Multimanager Lifestyle Aggressive Portfolio (the fund) for the period of January 1, 2025 to June 30, 2025. You can find additional information about the fund at jhinvestments.com/documents. You can also request this information by contacting us at 800-225-5291.

#### What were the fund costs during the last six months ?

#### (Based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| **Fund (Class)** | **Costs of a $10,000 investment** | **Costs paid as a percentage<br>of a $10,000 investment** |
| Multimanager Lifestyle Aggressive Portfolio<br>(Class C/JCLAX) | $63 | 1.23% |

---

Fund Statistics

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;**Fund net assets** | &nbsp;&nbsp;&nbsp;&nbsp;$3218679192 |
| &nbsp;&nbsp;&nbsp;&nbsp;**Total number of portfolio holdings** | &nbsp;&nbsp;&nbsp;&nbsp;26 |
| &nbsp;&nbsp;&nbsp;&nbsp;**Portfolio turnover rate** | &nbsp;&nbsp;&nbsp;&nbsp;28% |

---

#### Graphical Representation of Holdings
The table below shows the investment makeup of the fund, representing a percentage of the total net assets of the fund.

**Asset Allocation**

---

| | |
|:---|:---|
| **Affiliated investment companies** | **99.3%** |
| **Equity** | **91.6%** |
| U.S. large cap | 38.0% |
| International equity | 25.1% |
| U.S. mid cap | 11.3% |
| Emerging-market equity | 6.4% |
| Large blend | 6.2% |
| U.S. small cap | 4.6% |
| **Fixed income** | **2.7%** |
| Short-term bond | 2.0% |
| Emerging-market debt | 0.5% |
| High yield bond | 0.2% |
| **Alternative and specialty** | **5.0%** |
| Sector equity | 4.1% |
| Absolute return | 0.9% |
| **U.S. Government** | **0.7%** |

---

Holdings may not have been held by the fund for the entire period and are subject to change without notice. Portfolio composition is subject to review in accordance with the fund's investment strategy and may vary in the future. Current and future portfolio holdings are subject to risk and may change at any time.

*The fund is subject to various risks as described in the fund's prospectus . For more information, please refer to the "Principal risks" section of the prospectus .* 

Availability of Additional Information

![TSR QR Code](images_5144.jpg)

At jhinvestments.com/documents, you can find additional information about the fund, including the fund's:

* Prospectus

* Financial information

* Fund holdings

* Proxy voting information

You can also request this information by contacting us at 800-225-5291.

**This report is for the information of the shareholders in this fund. It is not authorized for distribution to prospective investors unless preceded or accompanied by the fund's prospectus.**

![Manulife JH front rebranded logo-TSR and FS](images_5123.jpg)

John Hancock Investment Management Distributors LLC, Member FINRA, SIPC, 200 Berkeley Street, Boston, MA 02116, 800-225-5291, jhinvestments.com

Manulife, Manulife Investments, Stylized M Design, and Manulife Investments & Stylized M Design are trademarks of The Manufacturers Life Insurance Company and John Hancock and the Stylized John Hancock Design are trademarks of John Hancock Life Insurance Company (U.S.A.). Each are used by it and by its affiliates under license.

NOT FDIC INSURED. MAY LOSE VALUE. NO BANK GUARANTEE. NOT INSURED BY ANY GOVERNMENT AGENCY.

MF4618629

96SA-C

6/25

8/25

John Hancock Multimanager Lifestyle Aggressive Portfolio

![Manulife JH front rebranded logo-TSR and FS](images_5123.jpg)

## John Hancock Multimanager Lifestyle Aggressive Portfolio
Class I/JTAIX

#### Semiannual SHAREHOLDER REPORT \| June 30, 2025
This semiannual shareholder report contains important information about the John Hancock Multimanager Lifestyle Aggressive Portfolio (the fund) for the period of January 1, 2025 to June 30, 2025. You can find additional information about the fund at jhinvestments.com/documents. You can also request this information by contacting us at 800-225-5291.

#### What were the fund costs during the last six months ?

#### (Based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| **Fund (Class)** | **Costs of a $10,000 investment** | **Costs paid as a percentage<br>of a $10,000 investment** |
| Multimanager Lifestyle Aggressive Portfolio<br>(Class I/JTAIX) | $11 | 0.22% |

---

Fund Statistics

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;**Fund net assets** | &nbsp;&nbsp;&nbsp;&nbsp;$3218679192 |
| &nbsp;&nbsp;&nbsp;&nbsp;**Total number of portfolio holdings** | &nbsp;&nbsp;&nbsp;&nbsp;26 |
| &nbsp;&nbsp;&nbsp;&nbsp;**Portfolio turnover rate** | &nbsp;&nbsp;&nbsp;&nbsp;28% |

---

#### Graphical Representation of Holdings
The table below shows the investment makeup of the fund, representing a percentage of the total net assets of the fund.

**Asset Allocation**

---

| | |
|:---|:---|
| **Affiliated investment companies** | **99.3%** |
| **Equity** | **91.6%** |
| U.S. large cap | 38.0% |
| International equity | 25.1% |
| U.S. mid cap | 11.3% |
| Emerging-market equity | 6.4% |
| Large blend | 6.2% |
| U.S. small cap | 4.6% |
| **Fixed income** | **2.7%** |
| Short-term bond | 2.0% |
| Emerging-market debt | 0.5% |
| High yield bond | 0.2% |
| **Alternative and specialty** | **5.0%** |
| Sector equity | 4.1% |
| Absolute return | 0.9% |
| **U.S. Government** | **0.7%** |

---

Holdings may not have been held by the fund for the entire period and are subject to change without notice. Portfolio composition is subject to review in accordance with the fund's investment strategy and may vary in the future. Current and future portfolio holdings are subject to risk and may change at any time.

*The fund is subject to various risks as described in the fund's prospectus . For more information, please refer to the "Principal risks" section of the prospectus .* 

Availability of Additional Information

![TSR QR Code](images_5144.jpg)

At jhinvestments.com/documents, you can find additional information about the fund, including the fund's:

* Prospectus

* Financial information

* Fund holdings

* Proxy voting information

You can also request this information by contacting us at 800-225-5291.

**This report is for the information of the shareholders in this fund. It is not authorized for distribution to prospective investors unless preceded or accompanied by the fund's prospectus.**

![Manulife JH front rebranded logo-TSR and FS](images_5123.jpg)

John Hancock Investment Management Distributors LLC, Member FINRA, SIPC, 200 Berkeley Street, Boston, MA 02116, 800-225-5291, jhinvestments.com

Manulife, Manulife Investments, Stylized M Design, and Manulife Investments & Stylized M Design are trademarks of The Manufacturers Life Insurance Company and John Hancock and the Stylized John Hancock Design are trademarks of John Hancock Life Insurance Company (U.S.A.). Each are used by it and by its affiliates under license.

NOT FDIC INSURED. MAY LOSE VALUE. NO BANK GUARANTEE. NOT INSURED BY ANY GOVERNMENT AGENCY.

MF4618629

96SA-I

6/25

8/25

John Hancock Multimanager Lifestyle Aggressive Portfolio

![Manulife JH front rebranded logo-TSR and FS](images_5123.jpg)

## John Hancock Multimanager Lifestyle Aggressive Portfolio
Class R2/JQLAX

#### Semiannual SHAREHOLDER REPORT \| June 30, 2025
This semiannual shareholder report contains important information about the John Hancock Multimanager Lifestyle Aggressive Portfolio (the fund) for the period of January 1, 2025 to June 30, 2025. You can find additional information about the fund at jhinvestments.com/documents. You can also request this information by contacting us at 800-225-5291.

#### What were the fund costs during the last six months ?

#### (Based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| **Fund (Class)** | **Costs of a $10,000 investment** | **Costs paid as a percentage<br>of a $10,000 investment** |
| Multimanager Lifestyle Aggressive Portfolio<br>(Class R2/JQLAX) | $32 | 0.62% |

---

Fund Statistics

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;**Fund net assets** | &nbsp;&nbsp;&nbsp;&nbsp;$3218679192 |
| &nbsp;&nbsp;&nbsp;&nbsp;**Total number of portfolio holdings** | &nbsp;&nbsp;&nbsp;&nbsp;26 |
| &nbsp;&nbsp;&nbsp;&nbsp;**Portfolio turnover rate** | &nbsp;&nbsp;&nbsp;&nbsp;28% |

---

#### Graphical Representation of Holdings
The table below shows the investment makeup of the fund, representing a percentage of the total net assets of the fund.

**Asset Allocation**

---

| | |
|:---|:---|
| **Affiliated investment companies** | **99.3%** |
| **Equity** | **91.6%** |
| U.S. large cap | 38.0% |
| International equity | 25.1% |
| U.S. mid cap | 11.3% |
| Emerging-market equity | 6.4% |
| Large blend | 6.2% |
| U.S. small cap | 4.6% |
| **Fixed income** | **2.7%** |
| Short-term bond | 2.0% |
| Emerging-market debt | 0.5% |
| High yield bond | 0.2% |
| **Alternative and specialty** | **5.0%** |
| Sector equity | 4.1% |
| Absolute return | 0.9% |
| **U.S. Government** | **0.7%** |

---

Holdings may not have been held by the fund for the entire period and are subject to change without notice. Portfolio composition is subject to review in accordance with the fund's investment strategy and may vary in the future. Current and future portfolio holdings are subject to risk and may change at any time.

*The fund is subject to various risks as described in the fund's prospectus . For more information, please refer to the "Principal risks" section of the prospectus .* 

Availability of Additional Information

![TSR QR Code](images_5144.jpg)

At jhinvestments.com/documents, you can find additional information about the fund, including the fund's:

* Prospectus

* Financial information

* Fund holdings

* Proxy voting information

You can also request this information by contacting us at 800-225-5291.

**This report is for the information of the shareholders in this fund. It is not authorized for distribution to prospective investors unless preceded or accompanied by the fund's prospectus.**

![Manulife JH front rebranded logo-TSR and FS](images_5123.jpg)

John Hancock Investment Management Distributors LLC, Member FINRA, SIPC, 200 Berkeley Street, Boston, MA 02116, 800-225-5291, jhinvestments.com

Manulife, Manulife Investments, Stylized M Design, and Manulife Investments & Stylized M Design are trademarks of The Manufacturers Life Insurance Company and John Hancock and the Stylized John Hancock Design are trademarks of John Hancock Life Insurance Company (U.S.A.). Each are used by it and by its affiliates under license.

NOT FDIC INSURED. MAY LOSE VALUE. NO BANK GUARANTEE. NOT INSURED BY ANY GOVERNMENT AGENCY.

MF4618629

96SA-R2

6/25

8/25

John Hancock Multimanager Lifestyle Aggressive Portfolio

![Manulife JH front rebranded logo-TSR and FS](images_5123.jpg)

## John Hancock Multimanager Lifestyle Aggressive Portfolio
Class R4/JSLAX

#### Semiannual SHAREHOLDER REPORT \| June 30, 2025
This semiannual shareholder report contains important information about the John Hancock Multimanager Lifestyle Aggressive Portfolio (the fund) for the period of January 1, 2025 to June 30, 2025. You can find additional information about the fund at jhinvestments.com/documents. You can also request this information by contacting us at 800-225-5291.

#### What were the fund costs during the last six months ?

#### (Based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| **Fund (Class)** | **Costs of a $10,000 investment** | **Costs paid as a percentage<br>of a $10,000 investment** |
| Multimanager Lifestyle Aggressive Portfolio<br>(Class R4/JSLAX) | $18 | 0.35% |

---

Fund Statistics

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;**Fund net assets** | &nbsp;&nbsp;&nbsp;&nbsp;$3218679192 |
| &nbsp;&nbsp;&nbsp;&nbsp;**Total number of portfolio holdings** | &nbsp;&nbsp;&nbsp;&nbsp;26 |
| &nbsp;&nbsp;&nbsp;&nbsp;**Portfolio turnover rate** | &nbsp;&nbsp;&nbsp;&nbsp;28% |

---

#### Graphical Representation of Holdings
The table below shows the investment makeup of the fund, representing a percentage of the total net assets of the fund.

**Asset Allocation**

---

| | |
|:---|:---|
| **Affiliated investment companies** | **99.3%** |
| **Equity** | **91.6%** |
| U.S. large cap | 38.0% |
| International equity | 25.1% |
| U.S. mid cap | 11.3% |
| Emerging-market equity | 6.4% |
| Large blend | 6.2% |
| U.S. small cap | 4.6% |
| **Fixed income** | **2.7%** |
| Short-term bond | 2.0% |
| Emerging-market debt | 0.5% |
| High yield bond | 0.2% |
| **Alternative and specialty** | **5.0%** |
| Sector equity | 4.1% |
| Absolute return | 0.9% |
| **U.S. Government** | **0.7%** |

---

Holdings may not have been held by the fund for the entire period and are subject to change without notice. Portfolio composition is subject to review in accordance with the fund's investment strategy and may vary in the future. Current and future portfolio holdings are subject to risk and may change at any time.

*The fund is subject to various risks as described in the fund's prospectus . For more information, please refer to the "Principal risks" section of the prospectus .* 

Availability of Additional Information

![TSR QR Code](images_5144.jpg)

At jhinvestments.com/documents, you can find additional information about the fund, including the fund's:

* Prospectus

* Financial information

* Fund holdings

* Proxy voting information

You can also request this information by contacting us at 800-225-5291.

**This report is for the information of the shareholders in this fund. It is not authorized for distribution to prospective investors unless preceded or accompanied by the fund's prospectus.**

![Manulife JH front rebranded logo-TSR and FS](images_5123.jpg)

John Hancock Investment Management Distributors LLC, Member FINRA, SIPC, 200 Berkeley Street, Boston, MA 02116, 800-225-5291, jhinvestments.com

Manulife, Manulife Investments, Stylized M Design, and Manulife Investments & Stylized M Design are trademarks of The Manufacturers Life Insurance Company and John Hancock and the Stylized John Hancock Design are trademarks of John Hancock Life Insurance Company (U.S.A.). Each are used by it and by its affiliates under license.

NOT FDIC INSURED. MAY LOSE VALUE. NO BANK GUARANTEE. NOT INSURED BY ANY GOVERNMENT AGENCY.

MF4618629

96SA-R4

6/25

8/25

John Hancock Multimanager Lifestyle Aggressive Portfolio

![Manulife JH front rebranded logo-TSR and FS](images_5123.jpg)

## John Hancock Multimanager Lifestyle Aggressive Portfolio
Class R5/JTLAX

#### Semiannual SHAREHOLDER REPORT \| June 30, 2025
This semiannual shareholder report contains important information about the John Hancock Multimanager Lifestyle Aggressive Portfolio (the fund) for the period of January 1, 2025 to June 30, 2025. You can find additional information about the fund at jhinvestments.com/documents. You can also request this information by contacting us at 800-225-5291.

#### What were the fund costs during the last six months ?

#### (Based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| **Fund (Class)** | **Costs of a $10,000 investment** | **Costs paid as a percentage<br>of a $10,000 investment** |
| Multimanager Lifestyle Aggressive Portfolio<br>(Class R5/JTLAX) | $8 | 0.16% |

---

Fund Statistics

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;**Fund net assets** | &nbsp;&nbsp;&nbsp;&nbsp;$3218679192 |
| &nbsp;&nbsp;&nbsp;&nbsp;**Total number of portfolio holdings** | &nbsp;&nbsp;&nbsp;&nbsp;26 |
| &nbsp;&nbsp;&nbsp;&nbsp;**Portfolio turnover rate** | &nbsp;&nbsp;&nbsp;&nbsp;28% |

---

#### Graphical Representation of Holdings
The table below shows the investment makeup of the fund, representing a percentage of the total net assets of the fund.

**Asset Allocation**

---

| | |
|:---|:---|
| **Affiliated investment companies** | **99.3%** |
| **Equity** | **91.6%** |
| U.S. large cap | 38.0% |
| International equity | 25.1% |
| U.S. mid cap | 11.3% |
| Emerging-market equity | 6.4% |
| Large blend | 6.2% |
| U.S. small cap | 4.6% |
| **Fixed income** | **2.7%** |
| Short-term bond | 2.0% |
| Emerging-market debt | 0.5% |
| High yield bond | 0.2% |
| **Alternative and specialty** | **5.0%** |
| Sector equity | 4.1% |
| Absolute return | 0.9% |
| **U.S. Government** | **0.7%** |

---

Holdings may not have been held by the fund for the entire period and are subject to change without notice. Portfolio composition is subject to review in accordance with the fund's investment strategy and may vary in the future. Current and future portfolio holdings are subject to risk and may change at any time.

*The fund is subject to various risks as described in the fund's prospectus . For more information, please refer to the "Principal risks" section of the prospectus .* 

Availability of Additional Information

![TSR QR Code](images_5144.jpg)

At jhinvestments.com/documents, you can find additional information about the fund, including the fund's:

* Prospectus

* Financial information

* Fund holdings

* Proxy voting information

You can also request this information by contacting us at 800-225-5291.

**This report is for the information of the shareholders in this fund. It is not authorized for distribution to prospective investors unless preceded or accompanied by the fund's prospectus.**

![Manulife JH front rebranded logo-TSR and FS](images_5123.jpg)

John Hancock Investment Management Distributors LLC, Member FINRA, SIPC, 200 Berkeley Street, Boston, MA 02116, 800-225-5291, jhinvestments.com

Manulife, Manulife Investments, Stylized M Design, and Manulife Investments & Stylized M Design are trademarks of The Manufacturers Life Insurance Company and John Hancock and the Stylized John Hancock Design are trademarks of John Hancock Life Insurance Company (U.S.A.). Each are used by it and by its affiliates under license.

NOT FDIC INSURED. MAY LOSE VALUE. NO BANK GUARANTEE. NOT INSURED BY ANY GOVERNMENT AGENCY.

MF4618629

96SA-R5

6/25

8/25

John Hancock Multimanager Lifestyle Aggressive Portfolio

![Manulife JH front rebranded logo-TSR and FS](images_5123.jpg)

## John Hancock Multimanager Lifestyle Aggressive Portfolio
Class R6/JULAX

#### Semiannual SHAREHOLDER REPORT \| June 30, 2025
This semiannual shareholder report contains important information about the John Hancock Multimanager Lifestyle Aggressive Portfolio (the fund) for the period of January 1, 2025 to June 30, 2025. You can find additional information about the fund at jhinvestments.com/documents. You can also request this information by contacting us at 800-225-5291.

#### What were the fund costs during the last six months ?

#### (Based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| **Fund (Class)** | **Costs of a $10,000 investment** | **Costs paid as a percentage<br>of a $10,000 investment** |
| Multimanager Lifestyle Aggressive Portfolio<br>(Class R6/JULAX) | $6 | 0.12% |

---

Fund Statistics

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;**Fund net assets** | &nbsp;&nbsp;&nbsp;&nbsp;$3218679192 |
| &nbsp;&nbsp;&nbsp;&nbsp;**Total number of portfolio holdings** | &nbsp;&nbsp;&nbsp;&nbsp;26 |
| &nbsp;&nbsp;&nbsp;&nbsp;**Portfolio turnover rate** | &nbsp;&nbsp;&nbsp;&nbsp;28% |

---

#### Graphical Representation of Holdings
The table below shows the investment makeup of the fund, representing a percentage of the total net assets of the fund.

**Asset Allocation**

---

| | |
|:---|:---|
| **Affiliated investment companies** | **99.3%** |
| **Equity** | **91.6%** |
| U.S. large cap | 38.0% |
| International equity | 25.1% |
| U.S. mid cap | 11.3% |
| Emerging-market equity | 6.4% |
| Large blend | 6.2% |
| U.S. small cap | 4.6% |
| **Fixed income** | **2.7%** |
| Short-term bond | 2.0% |
| Emerging-market debt | 0.5% |
| High yield bond | 0.2% |
| **Alternative and specialty** | **5.0%** |
| Sector equity | 4.1% |
| Absolute return | 0.9% |
| **U.S. Government** | **0.7%** |

---

Holdings may not have been held by the fund for the entire period and are subject to change without notice. Portfolio composition is subject to review in accordance with the fund's investment strategy and may vary in the future. Current and future portfolio holdings are subject to risk and may change at any time.

*The fund is subject to various risks as described in the fund's prospectus . For more information, please refer to the "Principal risks" section of the prospectus .* 

Availability of Additional Information

![TSR QR Code](images_5144.jpg)

At jhinvestments.com/documents, you can find additional information about the fund, including the fund's:

* Prospectus

* Financial information

* Fund holdings

* Proxy voting information

You can also request this information by contacting us at 800-225-5291.

**This report is for the information of the shareholders in this fund. It is not authorized for distribution to prospective investors unless preceded or accompanied by the fund's prospectus.**

![Manulife JH front rebranded logo-TSR and FS](images_5123.jpg)

John Hancock Investment Management Distributors LLC, Member FINRA, SIPC, 200 Berkeley Street, Boston, MA 02116, 800-225-5291, jhinvestments.com

Manulife, Manulife Investments, Stylized M Design, and Manulife Investments & Stylized M Design are trademarks of The Manufacturers Life Insurance Company and John Hancock and the Stylized John Hancock Design are trademarks of John Hancock Life Insurance Company (U.S.A.). Each are used by it and by its affiliates under license.

NOT FDIC INSURED. MAY LOSE VALUE. NO BANK GUARANTEE. NOT INSURED BY ANY GOVERNMENT AGENCY.

MF4618629

96SA-R6

6/25

8/25

John Hancock Multimanager Lifestyle Aggressive Portfolio

![Manulife JH front rebranded logo-TSR and FS](images_5123.jpg)

## John Hancock Multimanager Lifestyle Growth Portfolio
Class 1/JILGX

#### Semiannual SHAREHOLDER REPORT \| June 30, 2025
This semiannual shareholder report contains important information about the John Hancock Multimanager Lifestyle Growth Portfolio (the fund) for the period of January 1, 2025 to June 30, 2025. You can find additional information about the fund at jhinvestments.com/underlying-funds. You can also request this information by contacting us at 800-344-1029.

#### What were the fund costs during the last six months ?

#### (Based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| **Fund (Class)** | **Costs of a $10,000 investment** | **Costs paid as a percentage<br>of a $10,000 investment** |
| Multimanager Lifestyle Growth Portfolio<br>(Class 1/JILGX) | $9 | 0.17% |

---

Fund Statistics

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;**Fund net assets** | &nbsp;&nbsp;&nbsp;&nbsp;$8499826281 |
| &nbsp;&nbsp;&nbsp;&nbsp;**Total number of portfolio holdings** | &nbsp;&nbsp;&nbsp;&nbsp;34 |
| &nbsp;&nbsp;&nbsp;&nbsp;**Portfolio turnover rate** | &nbsp;&nbsp;&nbsp;&nbsp;24% |

---

#### Graphical Representation of Holdings
The table below shows the investment makeup of the fund, representing a percentage of the total net assets of the fund.

**Asset Allocation**

---

| | |
|:---|:---|
| **Affiliated investment companies** | **97.5%** |
| **Equity** | **78.2%** |
| U.S. large cap | 31.4% |
| International equity | 23.6% |
| U.S. mid cap | 9.3% |
| Large blend | 5.5% |
| Emerging-market equity | 4.8% |
| U.S. small cap | 3.6% |
| **Fixed income** | **14.5%** |
| Intermediate bond | 6.3% |
| Multi-sector bond | 2.4% |
| Emerging-market debt | 1.6% |
| Short-term bond | 1.5% |
| Bank loan | 1.5% |
| High yield bond | 1.2% |
| **Alternative and specialty** | **4.8%** |
| Sector equity | 3.4% |
| Absolute return | 1.4% |
| **U.S. Government** | **2.5%** |

---

Holdings may not have been held by the fund for the entire period and are subject to change without notice. Portfolio composition is subject to review in accordance with the fund's investment strategy and may vary in the future. Current and future portfolio holdings are subject to risk and may change at any time.

*The fund is subject to various risks as described in the fund's prospectus . For more information, please refer to the "Principal risks" section of the prospectus .* 

Availability of Additional Information

![Underlying site QR code](images_5143.jpg)

At jhinvestments.com/underlying-funds, you can find additional information about the fund, including the fund's:

* Prospectus

* Financial information

* Fund holdings

* Proxy voting information

**This report is for the information of the shareholders in this fund. It is not authorized for distribution to prospective investors unless preceded or accompanied by the fund's prospectus.**

![Manulife JH front rebranded logo-TSR and FS](images_5123.jpg)

John Hancock Investment Management Distributors LLC, Member FINRA, SIPC, 200 Berkeley Street, Boston, MA 02116, 800-225-5291, jhinvestments.com

Manulife, Manulife Investments, Stylized M Design, and Manulife Investments & Stylized M Design are trademarks of The Manufacturers Life Insurance Company and John Hancock and the Stylized John Hancock Design are trademarks of John Hancock Life Insurance Company (U.S.A.). Each are used by it and by its affiliates under license.

NOT FDIC INSURED. MAY LOSE VALUE. NO BANK GUARANTEE. NOT INSURED BY ANY GOVERNMENT AGENCY.

MF4618629

04SA-1

6/25

8/25

John Hancock Multimanager Lifestyle Growth Portfolio

![Manulife JH front rebranded logo-TSR and FS](images_5123.jpg)

## John Hancock Multimanager Lifestyle Growth Portfolio
Class 5/JHLGX

#### Semiannual SHAREHOLDER REPORT \| June 30, 2025
This semiannual shareholder report contains important information about the John Hancock Multimanager Lifestyle Growth Portfolio (the fund) for the period of January 1, 2025 to June 30, 2025. You can find additional information about the fund at jhinvestments.com/underlying-funds. You can also request this information by contacting us at 800-344-1029.

#### What were the fund costs during the last six months ?

#### (Based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| **Fund (Class)** | **Costs of a $10,000 investment** | **Costs paid as a percentage<br>of a $10,000 investment** |
| Multimanager Lifestyle Growth Portfolio<br>(Class 5/JHLGX) | $6 | 0.12% |

---

Fund Statistics

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;**Fund net assets** | &nbsp;&nbsp;&nbsp;&nbsp;$8499826281 |
| &nbsp;&nbsp;&nbsp;&nbsp;**Total number of portfolio holdings** | &nbsp;&nbsp;&nbsp;&nbsp;34 |
| &nbsp;&nbsp;&nbsp;&nbsp;**Portfolio turnover rate** | &nbsp;&nbsp;&nbsp;&nbsp;24% |

---

#### Graphical Representation of Holdings
The table below shows the investment makeup of the fund, representing a percentage of the total net assets of the fund.

**Asset Allocation**

---

| | |
|:---|:---|
| **Affiliated investment companies** | **97.5%** |
| **Equity** | **78.2%** |
| U.S. large cap | 31.4% |
| International equity | 23.6% |
| U.S. mid cap | 9.3% |
| Large blend | 5.5% |
| Emerging-market equity | 4.8% |
| U.S. small cap | 3.6% |
| **Fixed income** | **14.5%** |
| Intermediate bond | 6.3% |
| Multi-sector bond | 2.4% |
| Emerging-market debt | 1.6% |
| Short-term bond | 1.5% |
| Bank loan | 1.5% |
| High yield bond | 1.2% |
| **Alternative and specialty** | **4.8%** |
| Sector equity | 3.4% |
| Absolute return | 1.4% |
| **U.S. Government** | **2.5%** |

---

Holdings may not have been held by the fund for the entire period and are subject to change without notice. Portfolio composition is subject to review in accordance with the fund's investment strategy and may vary in the future. Current and future portfolio holdings are subject to risk and may change at any time.

*The fund is subject to various risks as described in the fund's prospectus . For more information, please refer to the "Principal risks" section of the prospectus .* 

Availability of Additional Information

![Underlying site QR code](images_5143.jpg)

At jhinvestments.com/underlying-funds, you can find additional information about the fund, including the fund's:

* Prospectus

* Financial information

* Fund holdings

* Proxy voting information

**This report is for the information of the shareholders in this fund. It is not authorized for distribution to prospective investors unless preceded or accompanied by the fund's prospectus.**

![Manulife JH front rebranded logo-TSR and FS](images_5123.jpg)

John Hancock Investment Management Distributors LLC, Member FINRA, SIPC, 200 Berkeley Street, Boston, MA 02116, 800-225-5291, jhinvestments.com

Manulife, Manulife Investments, Stylized M Design, and Manulife Investments & Stylized M Design are trademarks of The Manufacturers Life Insurance Company and John Hancock and the Stylized John Hancock Design are trademarks of John Hancock Life Insurance Company (U.S.A.). Each are used by it and by its affiliates under license.

NOT FDIC INSURED. MAY LOSE VALUE. NO BANK GUARANTEE. NOT INSURED BY ANY GOVERNMENT AGENCY.

MF4618629

04SA-5

6/25

8/25

John Hancock Multimanager Lifestyle Growth Portfolio

![Manulife JH front rebranded logo-TSR and FS](images_5123.jpg)

## John Hancock Multimanager Lifestyle Growth Portfolio
Class A/JALGX

#### Semiannual SHAREHOLDER REPORT \| June 30, 2025
This semiannual shareholder report contains important information about the John Hancock Multimanager Lifestyle Growth Portfolio (the fund) for the period of January 1, 2025 to June 30, 2025. You can find additional information about the fund at jhinvestments.com/documents. You can also request this information by contacting us at 800-225-5291.

#### What were the fund costs during the last six months ?

#### (Based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| **Fund (Class)** | **Costs of a $10,000 investment** | **Costs paid as a percentage<br>of a $10,000 investment** |
| Multimanager Lifestyle Growth Portfolio<br>(Class A/JALGX) | $28 | 0.54% |

---

Fund Statistics

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;**Fund net assets** | &nbsp;&nbsp;&nbsp;&nbsp;$8499826281 |
| &nbsp;&nbsp;&nbsp;&nbsp;**Total number of portfolio holdings** | &nbsp;&nbsp;&nbsp;&nbsp;34 |
| &nbsp;&nbsp;&nbsp;&nbsp;**Portfolio turnover rate** | &nbsp;&nbsp;&nbsp;&nbsp;24% |

---

#### Graphical Representation of Holdings
The table below shows the investment makeup of the fund, representing a percentage of the total net assets of the fund.

**Asset Allocation**

---

| | |
|:---|:---|
| **Affiliated investment companies** | **97.5%** |
| **Equity** | **78.2%** |
| U.S. large cap | 31.4% |
| International equity | 23.6% |
| U.S. mid cap | 9.3% |
| Large blend | 5.5% |
| Emerging-market equity | 4.8% |
| U.S. small cap | 3.6% |
| **Fixed income** | **14.5%** |
| Intermediate bond | 6.3% |
| Multi-sector bond | 2.4% |
| Emerging-market debt | 1.6% |
| Short-term bond | 1.5% |
| Bank loan | 1.5% |
| High yield bond | 1.2% |
| **Alternative and specialty** | **4.8%** |
| Sector equity | 3.4% |
| Absolute return | 1.4% |
| **U.S. Government** | **2.5%** |

---

Holdings may not have been held by the fund for the entire period and are subject to change without notice. Portfolio composition is subject to review in accordance with the fund's investment strategy and may vary in the future. Current and future portfolio holdings are subject to risk and may change at any time.

*The fund is subject to various risks as described in the fund's prospectus . For more information, please refer to the "Principal risks" section of the prospectus .* 

Availability of Additional Information

![TSR QR Code](images_5144.jpg)

At jhinvestments.com/documents, you can find additional information about the fund, including the fund's:

* Prospectus

* Financial information

* Fund holdings

* Proxy voting information

You can also request this information by contacting us at 800-225-5291.

**This report is for the information of the shareholders in this fund. It is not authorized for distribution to prospective investors unless preceded or accompanied by the fund's prospectus.**

![Manulife JH front rebranded logo-TSR and FS](images_5123.jpg)

John Hancock Investment Management Distributors LLC, Member FINRA, SIPC, 200 Berkeley Street, Boston, MA 02116, 800-225-5291, jhinvestments.com

Manulife, Manulife Investments, Stylized M Design, and Manulife Investments & Stylized M Design are trademarks of The Manufacturers Life Insurance Company and John Hancock and the Stylized John Hancock Design are trademarks of John Hancock Life Insurance Company (U.S.A.). Each are used by it and by its affiliates under license.

NOT FDIC INSURED. MAY LOSE VALUE. NO BANK GUARANTEE. NOT INSURED BY ANY GOVERNMENT AGENCY.

MF4618629

04SA-A

6/25

8/25

John Hancock Multimanager Lifestyle Growth Portfolio

![Manulife JH front rebranded logo-TSR and FS](images_5123.jpg)

## John Hancock Multimanager Lifestyle Growth Portfolio
Class C/JCLGX

#### Semiannual SHAREHOLDER REPORT \| June 30, 2025
This semiannual shareholder report contains important information about the John Hancock Multimanager Lifestyle Growth Portfolio (the fund) for the period of January 1, 2025 to June 30, 2025. You can find additional information about the fund at jhinvestments.com/documents. You can also request this information by contacting us at 800-225-5291.

#### What were the fund costs during the last six months ?

#### (Based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| **Fund (Class)** | **Costs of a $10,000 investment** | **Costs paid as a percentage<br>of a $10,000 investment** |
| Multimanager Lifestyle Growth Portfolio<br>(Class C/JCLGX) | $64 | 1.24% |

---

Fund Statistics

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;**Fund net assets** | &nbsp;&nbsp;&nbsp;&nbsp;$8499826281 |
| &nbsp;&nbsp;&nbsp;&nbsp;**Total number of portfolio holdings** | &nbsp;&nbsp;&nbsp;&nbsp;34 |
| &nbsp;&nbsp;&nbsp;&nbsp;**Portfolio turnover rate** | &nbsp;&nbsp;&nbsp;&nbsp;24% |

---

#### Graphical Representation of Holdings
The table below shows the investment makeup of the fund, representing a percentage of the total net assets of the fund.

**Asset Allocation**

---

| | |
|:---|:---|
| **Affiliated investment companies** | **97.5%** |
| **Equity** | **78.2%** |
| U.S. large cap | 31.4% |
| International equity | 23.6% |
| U.S. mid cap | 9.3% |
| Large blend | 5.5% |
| Emerging-market equity | 4.8% |
| U.S. small cap | 3.6% |
| **Fixed income** | **14.5%** |
| Intermediate bond | 6.3% |
| Multi-sector bond | 2.4% |
| Emerging-market debt | 1.6% |
| Short-term bond | 1.5% |
| Bank loan | 1.5% |
| High yield bond | 1.2% |
| **Alternative and specialty** | **4.8%** |
| Sector equity | 3.4% |
| Absolute return | 1.4% |
| **U.S. Government** | **2.5%** |

---

Holdings may not have been held by the fund for the entire period and are subject to change without notice. Portfolio composition is subject to review in accordance with the fund's investment strategy and may vary in the future. Current and future portfolio holdings are subject to risk and may change at any time.

*The fund is subject to various risks as described in the fund's prospectus . For more information, please refer to the "Principal risks" section of the prospectus .* 

Availability of Additional Information

![TSR QR Code](images_5144.jpg)

At jhinvestments.com/documents, you can find additional information about the fund, including the fund's:

* Prospectus

* Financial information

* Fund holdings

* Proxy voting information

You can also request this information by contacting us at 800-225-5291.

**This report is for the information of the shareholders in this fund. It is not authorized for distribution to prospective investors unless preceded or accompanied by the fund's prospectus.**

![Manulife JH front rebranded logo-TSR and FS](images_5123.jpg)

John Hancock Investment Management Distributors LLC, Member FINRA, SIPC, 200 Berkeley Street, Boston, MA 02116, 800-225-5291, jhinvestments.com

Manulife, Manulife Investments, Stylized M Design, and Manulife Investments & Stylized M Design are trademarks of The Manufacturers Life Insurance Company and John Hancock and the Stylized John Hancock Design are trademarks of John Hancock Life Insurance Company (U.S.A.). Each are used by it and by its affiliates under license.

NOT FDIC INSURED. MAY LOSE VALUE. NO BANK GUARANTEE. NOT INSURED BY ANY GOVERNMENT AGENCY.

MF4618629

04SA-C

6/25

8/25

John Hancock Multimanager Lifestyle Growth Portfolio

![Manulife JH front rebranded logo-TSR and FS](images_5123.jpg)

## John Hancock Multimanager Lifestyle Growth Portfolio
Class I/JTGIX

#### Semiannual SHAREHOLDER REPORT \| June 30, 2025
This semiannual shareholder report contains important information about the John Hancock Multimanager Lifestyle Growth Portfolio (the fund) for the period of January 1, 2025 to June 30, 2025. You can find additional information about the fund at jhinvestments.com/documents. You can also request this information by contacting us at 800-225-5291.

#### What were the fund costs during the last six months ?

#### (Based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| **Fund (Class)** | **Costs of a $10,000 investment** | **Costs paid as a percentage<br>of a $10,000 investment** |
| Multimanager Lifestyle Growth Portfolio<br>(Class I/JTGIX) | $12 | 0.24% |

---

Fund Statistics

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;**Fund net assets** | &nbsp;&nbsp;&nbsp;&nbsp;$8499826281 |
| &nbsp;&nbsp;&nbsp;&nbsp;**Total number of portfolio holdings** | &nbsp;&nbsp;&nbsp;&nbsp;34 |
| &nbsp;&nbsp;&nbsp;&nbsp;**Portfolio turnover rate** | &nbsp;&nbsp;&nbsp;&nbsp;24% |

---

#### Graphical Representation of Holdings
The table below shows the investment makeup of the fund, representing a percentage of the total net assets of the fund.

**Asset Allocation**

---

| | |
|:---|:---|
| **Affiliated investment companies** | **97.5%** |
| **Equity** | **78.2%** |
| U.S. large cap | 31.4% |
| International equity | 23.6% |
| U.S. mid cap | 9.3% |
| Large blend | 5.5% |
| Emerging-market equity | 4.8% |
| U.S. small cap | 3.6% |
| **Fixed income** | **14.5%** |
| Intermediate bond | 6.3% |
| Multi-sector bond | 2.4% |
| Emerging-market debt | 1.6% |
| Short-term bond | 1.5% |
| Bank loan | 1.5% |
| High yield bond | 1.2% |
| **Alternative and specialty** | **4.8%** |
| Sector equity | 3.4% |
| Absolute return | 1.4% |
| **U.S. Government** | **2.5%** |

---

Holdings may not have been held by the fund for the entire period and are subject to change without notice. Portfolio composition is subject to review in accordance with the fund's investment strategy and may vary in the future. Current and future portfolio holdings are subject to risk and may change at any time.

*The fund is subject to various risks as described in the fund's prospectus . For more information, please refer to the "Principal risks" section of the prospectus .* 

Availability of Additional Information

![TSR QR Code](images_5144.jpg)

At jhinvestments.com/documents, you can find additional information about the fund, including the fund's:

* Prospectus

* Financial information

* Fund holdings

* Proxy voting information

You can also request this information by contacting us at 800-225-5291.

**This report is for the information of the shareholders in this fund. It is not authorized for distribution to prospective investors unless preceded or accompanied by the fund's prospectus.**

![Manulife JH front rebranded logo-TSR and FS](images_5123.jpg)

John Hancock Investment Management Distributors LLC, Member FINRA, SIPC, 200 Berkeley Street, Boston, MA 02116, 800-225-5291, jhinvestments.com

Manulife, Manulife Investments, Stylized M Design, and Manulife Investments & Stylized M Design are trademarks of The Manufacturers Life Insurance Company and John Hancock and the Stylized John Hancock Design are trademarks of John Hancock Life Insurance Company (U.S.A.). Each are used by it and by its affiliates under license.

NOT FDIC INSURED. MAY LOSE VALUE. NO BANK GUARANTEE. NOT INSURED BY ANY GOVERNMENT AGENCY.

MF4618629

04SA-I

6/25

8/25

John Hancock Multimanager Lifestyle Growth Portfolio

![Manulife JH front rebranded logo-TSR and FS](images_5123.jpg)

## John Hancock Multimanager Lifestyle Growth Portfolio
Class R2/JQLGX

#### Semiannual SHAREHOLDER REPORT \| June 30, 2025
This semiannual shareholder report contains important information about the John Hancock Multimanager Lifestyle Growth Portfolio (the fund) for the period of January 1, 2025 to June 30, 2025. You can find additional information about the fund at jhinvestments.com/documents. You can also request this information by contacting us at 800-225-5291.

#### What were the fund costs during the last six months ?

#### (Based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| **Fund (Class)** | **Costs of a $10,000 investment** | **Costs paid as a percentage<br>of a $10,000 investment** |
| Multimanager Lifestyle Growth Portfolio<br>(Class R2/JQLGX) | $32 | 0.62% |

---

Fund Statistics

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;**Fund net assets** | &nbsp;&nbsp;&nbsp;&nbsp;$8499826281 |
| &nbsp;&nbsp;&nbsp;&nbsp;**Total number of portfolio holdings** | &nbsp;&nbsp;&nbsp;&nbsp;34 |
| &nbsp;&nbsp;&nbsp;&nbsp;**Portfolio turnover rate** | &nbsp;&nbsp;&nbsp;&nbsp;24% |

---

#### Graphical Representation of Holdings
The table below shows the investment makeup of the fund, representing a percentage of the total net assets of the fund.

**Asset Allocation**

---

| | |
|:---|:---|
| **Affiliated investment companies** | **97.5%** |
| **Equity** | **78.2%** |
| U.S. large cap | 31.4% |
| International equity | 23.6% |
| U.S. mid cap | 9.3% |
| Large blend | 5.5% |
| Emerging-market equity | 4.8% |
| U.S. small cap | 3.6% |
| **Fixed income** | **14.5%** |
| Intermediate bond | 6.3% |
| Multi-sector bond | 2.4% |
| Emerging-market debt | 1.6% |
| Short-term bond | 1.5% |
| Bank loan | 1.5% |
| High yield bond | 1.2% |
| **Alternative and specialty** | **4.8%** |
| Sector equity | 3.4% |
| Absolute return | 1.4% |
| **U.S. Government** | **2.5%** |

---

Holdings may not have been held by the fund for the entire period and are subject to change without notice. Portfolio composition is subject to review in accordance with the fund's investment strategy and may vary in the future. Current and future portfolio holdings are subject to risk and may change at any time.

*The fund is subject to various risks as described in the fund's prospectus . For more information, please refer to the "Principal risks" section of the prospectus .* 

Availability of Additional Information

![TSR QR Code](images_5144.jpg)

At jhinvestments.com/documents, you can find additional information about the fund, including the fund's:

* Prospectus

* Financial information

* Fund holdings

* Proxy voting information

You can also request this information by contacting us at 800-225-5291.

**This report is for the information of the shareholders in this fund. It is not authorized for distribution to prospective investors unless preceded or accompanied by the fund's prospectus.**

![Manulife JH front rebranded logo-TSR and FS](images_5123.jpg)

John Hancock Investment Management Distributors LLC, Member FINRA, SIPC, 200 Berkeley Street, Boston, MA 02116, 800-225-5291, jhinvestments.com

Manulife, Manulife Investments, Stylized M Design, and Manulife Investments & Stylized M Design are trademarks of The Manufacturers Life Insurance Company and John Hancock and the Stylized John Hancock Design are trademarks of John Hancock Life Insurance Company (U.S.A.). Each are used by it and by its affiliates under license.

NOT FDIC INSURED. MAY LOSE VALUE. NO BANK GUARANTEE. NOT INSURED BY ANY GOVERNMENT AGENCY.

MF4618629

04SA-R2

6/25

8/25

John Hancock Multimanager Lifestyle Growth Portfolio

![Manulife JH front rebranded logo-TSR and FS](images_5123.jpg)

## John Hancock Multimanager Lifestyle Growth Portfolio
Class R4/JSLGX

#### Semiannual SHAREHOLDER REPORT \| June 30, 2025
This semiannual shareholder report contains important information about the John Hancock Multimanager Lifestyle Growth Portfolio (the fund) for the period of January 1, 2025 to June 30, 2025. You can find additional information about the fund at jhinvestments.com/documents. You can also request this information by contacting us at 800-225-5291.

#### What were the fund costs during the last six months ?

#### (Based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| **Fund (Class)** | **Costs of a $10,000 investment** | **Costs paid as a percentage<br>of a $10,000 investment** |
| Multimanager Lifestyle Growth Portfolio<br>(Class R4/JSLGX) | $20 | 0.38% |

---

Fund Statistics

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;**Fund net assets** | &nbsp;&nbsp;&nbsp;&nbsp;$8499826281 |
| &nbsp;&nbsp;&nbsp;&nbsp;**Total number of portfolio holdings** | &nbsp;&nbsp;&nbsp;&nbsp;34 |
| &nbsp;&nbsp;&nbsp;&nbsp;**Portfolio turnover rate** | &nbsp;&nbsp;&nbsp;&nbsp;24% |

---

#### Graphical Representation of Holdings
The table below shows the investment makeup of the fund, representing a percentage of the total net assets of the fund.

**Asset Allocation**

---

| | |
|:---|:---|
| **Affiliated investment companies** | **97.5%** |
| **Equity** | **78.2%** |
| U.S. large cap | 31.4% |
| International equity | 23.6% |
| U.S. mid cap | 9.3% |
| Large blend | 5.5% |
| Emerging-market equity | 4.8% |
| U.S. small cap | 3.6% |
| **Fixed income** | **14.5%** |
| Intermediate bond | 6.3% |
| Multi-sector bond | 2.4% |
| Emerging-market debt | 1.6% |
| Short-term bond | 1.5% |
| Bank loan | 1.5% |
| High yield bond | 1.2% |
| **Alternative and specialty** | **4.8%** |
| Sector equity | 3.4% |
| Absolute return | 1.4% |
| **U.S. Government** | **2.5%** |

---

Holdings may not have been held by the fund for the entire period and are subject to change without notice. Portfolio composition is subject to review in accordance with the fund's investment strategy and may vary in the future. Current and future portfolio holdings are subject to risk and may change at any time.

*The fund is subject to various risks as described in the fund's prospectus . For more information, please refer to the "Principal risks" section of the prospectus .* 

Availability of Additional Information

![TSR QR Code](images_5144.jpg)

At jhinvestments.com/documents, you can find additional information about the fund, including the fund's:

* Prospectus

* Financial information

* Fund holdings

* Proxy voting information

You can also request this information by contacting us at 800-225-5291.

**This report is for the information of the shareholders in this fund. It is not authorized for distribution to prospective investors unless preceded or accompanied by the fund's prospectus.**

![Manulife JH front rebranded logo-TSR and FS](images_5123.jpg)

John Hancock Investment Management Distributors LLC, Member FINRA, SIPC, 200 Berkeley Street, Boston, MA 02116, 800-225-5291, jhinvestments.com

Manulife, Manulife Investments, Stylized M Design, and Manulife Investments & Stylized M Design are trademarks of The Manufacturers Life Insurance Company and John Hancock and the Stylized John Hancock Design are trademarks of John Hancock Life Insurance Company (U.S.A.). Each are used by it and by its affiliates under license.

NOT FDIC INSURED. MAY LOSE VALUE. NO BANK GUARANTEE. NOT INSURED BY ANY GOVERNMENT AGENCY.

MF4618629

04SA-R4

6/25

8/25

John Hancock Multimanager Lifestyle Growth Portfolio

![Manulife JH front rebranded logo-TSR and FS](images_5123.jpg)

## John Hancock Multimanager Lifestyle Growth Portfolio
Class R5/JTLGX

#### Semiannual SHAREHOLDER REPORT \| June 30, 2025
This semiannual shareholder report contains important information about the John Hancock Multimanager Lifestyle Growth Portfolio (the fund) for the period of January 1, 2025 to June 30, 2025. You can find additional information about the fund at jhinvestments.com/documents. You can also request this information by contacting us at 800-225-5291.

#### What were the fund costs during the last six months ?

#### (Based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| **Fund (Class)** | **Costs of a $10,000 investment** | **Costs paid as a percentage<br>of a $10,000 investment** |
| Multimanager Lifestyle Growth Portfolio<br>(Class R5/JTLGX) | $9 | 0.18% |

---

Fund Statistics

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;**Fund net assets** | &nbsp;&nbsp;&nbsp;&nbsp;$8499826281 |
| &nbsp;&nbsp;&nbsp;&nbsp;**Total number of portfolio holdings** | &nbsp;&nbsp;&nbsp;&nbsp;34 |
| &nbsp;&nbsp;&nbsp;&nbsp;**Portfolio turnover rate** | &nbsp;&nbsp;&nbsp;&nbsp;24% |

---

#### Graphical Representation of Holdings
The table below shows the investment makeup of the fund, representing a percentage of the total net assets of the fund.

**Asset Allocation**

---

| | |
|:---|:---|
| **Affiliated investment companies** | **97.5%** |
| **Equity** | **78.2%** |
| U.S. large cap | 31.4% |
| International equity | 23.6% |
| U.S. mid cap | 9.3% |
| Large blend | 5.5% |
| Emerging-market equity | 4.8% |
| U.S. small cap | 3.6% |
| **Fixed income** | **14.5%** |
| Intermediate bond | 6.3% |
| Multi-sector bond | 2.4% |
| Emerging-market debt | 1.6% |
| Short-term bond | 1.5% |
| Bank loan | 1.5% |
| High yield bond | 1.2% |
| **Alternative and specialty** | **4.8%** |
| Sector equity | 3.4% |
| Absolute return | 1.4% |
| **U.S. Government** | **2.5%** |

---

Holdings may not have been held by the fund for the entire period and are subject to change without notice. Portfolio composition is subject to review in accordance with the fund's investment strategy and may vary in the future. Current and future portfolio holdings are subject to risk and may change at any time.

*The fund is subject to various risks as described in the fund's prospectus . For more information, please refer to the "Principal risks" section of the prospectus .* 

Availability of Additional Information

![TSR QR Code](images_5144.jpg)

At jhinvestments.com/documents, you can find additional information about the fund, including the fund's:

* Prospectus

* Financial information

* Fund holdings

* Proxy voting information

You can also request this information by contacting us at 800-225-5291.

**This report is for the information of the shareholders in this fund. It is not authorized for distribution to prospective investors unless preceded or accompanied by the fund's prospectus.**

![Manulife JH front rebranded logo-TSR and FS](images_5123.jpg)

John Hancock Investment Management Distributors LLC, Member FINRA, SIPC, 200 Berkeley Street, Boston, MA 02116, 800-225-5291, jhinvestments.com

Manulife, Manulife Investments, Stylized M Design, and Manulife Investments & Stylized M Design are trademarks of The Manufacturers Life Insurance Company and John Hancock and the Stylized John Hancock Design are trademarks of John Hancock Life Insurance Company (U.S.A.). Each are used by it and by its affiliates under license.

NOT FDIC INSURED. MAY LOSE VALUE. NO BANK GUARANTEE. NOT INSURED BY ANY GOVERNMENT AGENCY.

MF4618629

04SA-R5

6/25

8/25

John Hancock Multimanager Lifestyle Growth Portfolio

![Manulife JH front rebranded logo-TSR and FS](images_5123.jpg)

## John Hancock Multimanager Lifestyle Growth Portfolio
Class R6/JULGX

#### Semiannual SHAREHOLDER REPORT \| June 30, 2025
This semiannual shareholder report contains important information about the John Hancock Multimanager Lifestyle Growth Portfolio (the fund) for the period of January 1, 2025 to June 30, 2025. You can find additional information about the fund at jhinvestments.com/documents. You can also request this information by contacting us at 800-225-5291.

#### What were the fund costs during the last six months ?

#### (Based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| **Fund (Class)** | **Costs of a $10,000 investment** | **Costs paid as a percentage<br>of a $10,000 investment** |
| Multimanager Lifestyle Growth Portfolio<br>(Class R6/JULGX) | $7 | 0.13% |

---

Fund Statistics

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;**Fund net assets** | &nbsp;&nbsp;&nbsp;&nbsp;$8499826281 |
| &nbsp;&nbsp;&nbsp;&nbsp;**Total number of portfolio holdings** | &nbsp;&nbsp;&nbsp;&nbsp;34 |
| &nbsp;&nbsp;&nbsp;&nbsp;**Portfolio turnover rate** | &nbsp;&nbsp;&nbsp;&nbsp;24% |

---

#### Graphical Representation of Holdings
The table below shows the investment makeup of the fund, representing a percentage of the total net assets of the fund.

**Asset Allocation**

---

| | |
|:---|:---|
| **Affiliated investment companies** | **97.5%** |
| **Equity** | **78.2%** |
| U.S. large cap | 31.4% |
| International equity | 23.6% |
| U.S. mid cap | 9.3% |
| Large blend | 5.5% |
| Emerging-market equity | 4.8% |
| U.S. small cap | 3.6% |
| **Fixed income** | **14.5%** |
| Intermediate bond | 6.3% |
| Multi-sector bond | 2.4% |
| Emerging-market debt | 1.6% |
| Short-term bond | 1.5% |
| Bank loan | 1.5% |
| High yield bond | 1.2% |
| **Alternative and specialty** | **4.8%** |
| Sector equity | 3.4% |
| Absolute return | 1.4% |
| **U.S. Government** | **2.5%** |

---

Holdings may not have been held by the fund for the entire period and are subject to change without notice. Portfolio composition is subject to review in accordance with the fund's investment strategy and may vary in the future. Current and future portfolio holdings are subject to risk and may change at any time.

*The fund is subject to various risks as described in the fund's prospectus . For more information, please refer to the "Principal risks" section of the prospectus .* 

Availability of Additional Information

![TSR QR Code](images_5144.jpg)

At jhinvestments.com/documents, you can find additional information about the fund, including the fund's:

* Prospectus

* Financial information

* Fund holdings

* Proxy voting information

You can also request this information by contacting us at 800-225-5291.

**This report is for the information of the shareholders in this fund. It is not authorized for distribution to prospective investors unless preceded or accompanied by the fund's prospectus.**

![Manulife JH front rebranded logo-TSR and FS](images_5123.jpg)

John Hancock Investment Management Distributors LLC, Member FINRA, SIPC, 200 Berkeley Street, Boston, MA 02116, 800-225-5291, jhinvestments.com

Manulife, Manulife Investments, Stylized M Design, and Manulife Investments & Stylized M Design are trademarks of The Manufacturers Life Insurance Company and John Hancock and the Stylized John Hancock Design are trademarks of John Hancock Life Insurance Company (U.S.A.). Each are used by it and by its affiliates under license.

NOT FDIC INSURED. MAY LOSE VALUE. NO BANK GUARANTEE. NOT INSURED BY ANY GOVERNMENT AGENCY.

MF4618629

04SA-R6

6/25

8/25

John Hancock Multimanager Lifestyle Growth Portfolio

![Manulife JH front rebranded logo-TSR and FS](images_5123.jpg)

## John Hancock Multimanager Lifestyle Balanced Portfolio
Class 1/JILBX

#### Semiannual SHAREHOLDER REPORT \| June 30, 2025
This semiannual shareholder report contains important information about the John Hancock Multimanager Lifestyle Balanced Portfolio (the fund) for the period of January 1, 2025 to June 30, 2025. You can find additional information about the fund at jhinvestments.com/underlying-funds. You can also request this information by contacting us at 800-344-1029.

#### What were the fund costs during the last six months ?

#### (Based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| **Fund (Class)** | **Costs of a $10,000 investment** | **Costs paid as a percentage<br>of a $10,000 investment** |
| Multimanager Lifestyle Balanced Portfolio<br>(Class 1/JILBX) | $10 | 0.20% |

---

Fund Statistics

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;**Fund net assets** | &nbsp;&nbsp;&nbsp;&nbsp;$7404520506 |
| &nbsp;&nbsp;&nbsp;&nbsp;**Total number of portfolio holdings** | &nbsp;&nbsp;&nbsp;&nbsp;36 |
| &nbsp;&nbsp;&nbsp;&nbsp;**Portfolio turnover rate** | &nbsp;&nbsp;&nbsp;&nbsp;19% |

---

#### Graphical Representation of Holdings
The table below shows the investment makeup of the fund, representing a percentage of the total net assets of the fund.

**Asset Allocation**

---

| | |
|:---|:---|
| **Affiliated investment companies** | **95.2%** |
| **Equity** | **59.4%** |
| U.S. large cap | 22.8% |
| International equity | 17.4% |
| U.S. mid cap | 7.0% |
| Large blend | 6.5% |
| Emerging-market equity | 3.3% |
| U.S. small cap | 2.4% |
| **Fixed income** | **31.2%** |
| Intermediate bond | 13.1% |
| Multi-sector bond | 6.0% |
| Short-term bond | 3.4% |
| Emerging-market debt | 3.2% |
| Bank loan | 3.0% |
| High yield bond | 2.5% |
| **Alternative and specialty** | **4.6%** |
| Sector equity | 2.5% |
| Absolute return | 1.6% |
| Multi-asset income | 0.5% |
| **U.S. Government** | **4.8%** |

---

Holdings may not have been held by the fund for the entire period and are subject to change without notice. Portfolio composition is subject to review in accordance with the fund's investment strategy and may vary in the future. Current and future portfolio holdings are subject to risk and may change at any time.

*The fund is subject to various risks as described in the fund's prospectus . For more information, please refer to the "Principal risks" section of the prospectus .* 

Availability of Additional Information

![Underlying site QR code](images_5143.jpg)

At jhinvestments.com/underlying-funds, you can find additional information about the fund, including the fund's:

* Prospectus

* Financial information

* Fund holdings

* Proxy voting information

**This report is for the information of the shareholders in this fund. It is not authorized for distribution to prospective investors unless preceded or accompanied by the fund's prospectus.**

![Manulife JH front rebranded logo-TSR and FS](images_5123.jpg)

John Hancock Investment Management Distributors LLC, Member FINRA, SIPC, 200 Berkeley Street, Boston, MA 02116, 800-225-5291, jhinvestments.com

Manulife, Manulife Investments, Stylized M Design, and Manulife Investments & Stylized M Design are trademarks of The Manufacturers Life Insurance Company and John Hancock and the Stylized John Hancock Design are trademarks of John Hancock Life Insurance Company (U.S.A.). Each are used by it and by its affiliates under license.

NOT FDIC INSURED. MAY LOSE VALUE. NO BANK GUARANTEE. NOT INSURED BY ANY GOVERNMENT AGENCY.

MF4618629

07SA-1

6/25

8/25

John Hancock Multimanager Lifestyle Balanced Portfolio

![Manulife JH front rebranded logo-TSR and FS](images_5123.jpg)

## John Hancock Multimanager Lifestyle Balanced Portfolio
Class 5/JHLAX

#### Semiannual SHAREHOLDER REPORT \| June 30, 2025
This semiannual shareholder report contains important information about the John Hancock Multimanager Lifestyle Balanced Portfolio (the fund) for the period of January 1, 2025 to June 30, 2025. You can find additional information about the fund at jhinvestments.com/underlying-funds. You can also request this information by contacting us at 800-344-1029.

#### What were the fund costs during the last six months ?

#### (Based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| **Fund (Class)** | **Costs of a $10,000 investment** | **Costs paid as a percentage<br>of a $10,000 investment** |
| Multimanager Lifestyle Balanced Portfolio<br>(Class 5/JHLAX) | $8 | 0.15% |

---

Fund Statistics

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;**Fund net assets** | &nbsp;&nbsp;&nbsp;&nbsp;$7404520506 |
| &nbsp;&nbsp;&nbsp;&nbsp;**Total number of portfolio holdings** | &nbsp;&nbsp;&nbsp;&nbsp;36 |
| &nbsp;&nbsp;&nbsp;&nbsp;**Portfolio turnover rate** | &nbsp;&nbsp;&nbsp;&nbsp;19% |

---

#### Graphical Representation of Holdings
The table below shows the investment makeup of the fund, representing a percentage of the total net assets of the fund.

**Asset Allocation**

---

| | |
|:---|:---|
| **Affiliated investment companies** | **95.2%** |
| **Equity** | **59.4%** |
| U.S. large cap | 22.8% |
| International equity | 17.4% |
| U.S. mid cap | 7.0% |
| Large blend | 6.5% |
| Emerging-market equity | 3.3% |
| U.S. small cap | 2.4% |
| **Fixed income** | **31.2%** |
| Intermediate bond | 13.1% |
| Multi-sector bond | 6.0% |
| Short-term bond | 3.4% |
| Emerging-market debt | 3.2% |
| Bank loan | 3.0% |
| High yield bond | 2.5% |
| **Alternative and specialty** | **4.6%** |
| Sector equity | 2.5% |
| Absolute return | 1.6% |
| Multi-asset income | 0.5% |
| **U.S. Government** | **4.8%** |

---

Holdings may not have been held by the fund for the entire period and are subject to change without notice. Portfolio composition is subject to review in accordance with the fund's investment strategy and may vary in the future. Current and future portfolio holdings are subject to risk and may change at any time.

*The fund is subject to various risks as described in the fund's prospectus . For more information, please refer to the "Principal risks" section of the prospectus .* 

Availability of Additional Information

![Underlying site QR code](images_5143.jpg)

At jhinvestments.com/underlying-funds, you can find additional information about the fund, including the fund's:

* Prospectus

* Financial information

* Fund holdings

* Proxy voting information

**This report is for the information of the shareholders in this fund. It is not authorized for distribution to prospective investors unless preceded or accompanied by the fund's prospectus.**

![Manulife JH front rebranded logo-TSR and FS](images_5123.jpg)

John Hancock Investment Management Distributors LLC, Member FINRA, SIPC, 200 Berkeley Street, Boston, MA 02116, 800-225-5291, jhinvestments.com

Manulife, Manulife Investments, Stylized M Design, and Manulife Investments & Stylized M Design are trademarks of The Manufacturers Life Insurance Company and John Hancock and the Stylized John Hancock Design are trademarks of John Hancock Life Insurance Company (U.S.A.). Each are used by it and by its affiliates under license.

NOT FDIC INSURED. MAY LOSE VALUE. NO BANK GUARANTEE. NOT INSURED BY ANY GOVERNMENT AGENCY.

MF4618629

07SA-5

6/25

8/25

John Hancock Multimanager Lifestyle Balanced Portfolio

![Manulife JH front rebranded logo-TSR and FS](images_5123.jpg)

## John Hancock Multimanager Lifestyle Balanced Portfolio
Class A/JALBX

#### Semiannual SHAREHOLDER REPORT \| June 30, 2025
This semiannual shareholder report contains important information about the John Hancock Multimanager Lifestyle Balanced Portfolio (the fund) for the period of January 1, 2025 to June 30, 2025. You can find additional information about the fund at jhinvestments.com/documents. You can also request this information by contacting us at 800-225-5291.

#### What were the fund costs during the last six months ?

#### (Based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| **Fund (Class)** | **Costs of a $10,000 investment** | **Costs paid as a percentage<br>of a $10,000 investment** |
| Multimanager Lifestyle Balanced Portfolio<br>(Class A/JALBX) | $29 | 0.56% |

---

Fund Statistics

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;**Fund net assets** | &nbsp;&nbsp;&nbsp;&nbsp;$7404520506 |
| &nbsp;&nbsp;&nbsp;&nbsp;**Total number of portfolio holdings** | &nbsp;&nbsp;&nbsp;&nbsp;36 |
| &nbsp;&nbsp;&nbsp;&nbsp;**Portfolio turnover rate** | &nbsp;&nbsp;&nbsp;&nbsp;19% |

---

#### Graphical Representation of Holdings
The table below shows the investment makeup of the fund, representing a percentage of the total net assets of the fund.

**Asset Allocation**

---

| | |
|:---|:---|
| **Affiliated investment companies** | **95.2%** |
| **Equity** | **59.4%** |
| U.S. large cap | 22.8% |
| International equity | 17.4% |
| U.S. mid cap | 7.0% |
| Large blend | 6.5% |
| Emerging-market equity | 3.3% |
| U.S. small cap | 2.4% |
| **Fixed income** | **31.2%** |
| Intermediate bond | 13.1% |
| Multi-sector bond | 6.0% |
| Short-term bond | 3.4% |
| Emerging-market debt | 3.2% |
| Bank loan | 3.0% |
| High yield bond | 2.5% |
| **Alternative and specialty** | **4.6%** |
| Sector equity | 2.5% |
| Absolute return | 1.6% |
| Multi-asset income | 0.5% |
| **U.S. Government** | **4.8%** |

---

Holdings may not have been held by the fund for the entire period and are subject to change without notice. Portfolio composition is subject to review in accordance with the fund's investment strategy and may vary in the future. Current and future portfolio holdings are subject to risk and may change at any time.

*The fund is subject to various risks as described in the fund's prospectus . For more information, please refer to the "Principal risks" section of the prospectus .* 

Availability of Additional Information

![TSR QR Code](images_5144.jpg)

At jhinvestments.com/documents, you can find additional information about the fund, including the fund's:

* Prospectus

* Financial information

* Fund holdings

* Proxy voting information

You can also request this information by contacting us at 800-225-5291.

**This report is for the information of the shareholders in this fund. It is not authorized for distribution to prospective investors unless preceded or accompanied by the fund's prospectus.**

![Manulife JH front rebranded logo-TSR and FS](images_5123.jpg)

John Hancock Investment Management Distributors LLC, Member FINRA, SIPC, 200 Berkeley Street, Boston, MA 02116, 800-225-5291, jhinvestments.com

Manulife, Manulife Investments, Stylized M Design, and Manulife Investments & Stylized M Design are trademarks of The Manufacturers Life Insurance Company and John Hancock and the Stylized John Hancock Design are trademarks of John Hancock Life Insurance Company (U.S.A.). Each are used by it and by its affiliates under license.

NOT FDIC INSURED. MAY LOSE VALUE. NO BANK GUARANTEE. NOT INSURED BY ANY GOVERNMENT AGENCY.

MF4618629

07SA-A

6/25

8/25

John Hancock Multimanager Lifestyle Balanced Portfolio

![Manulife JH front rebranded logo-TSR and FS](images_5123.jpg)

## John Hancock Multimanager Lifestyle Balanced Portfolio
Class C/JCLBX

#### Semiannual SHAREHOLDER REPORT \| June 30, 2025
This semiannual shareholder report contains important information about the John Hancock Multimanager Lifestyle Balanced Portfolio (the fund) for the period of January 1, 2025 to June 30, 2025. You can find additional information about the fund at jhinvestments.com/documents. You can also request this information by contacting us at 800-225-5291.

#### What were the fund costs during the last six months ?

#### (Based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| **Fund (Class)** | **Costs of a $10,000 investment** | **Costs paid as a percentage<br>of a $10,000 investment** |
| Multimanager Lifestyle Balanced Portfolio<br>(Class C/JCLBX) | $64 | 1.26% |

---

Fund Statistics

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;**Fund net assets** | &nbsp;&nbsp;&nbsp;&nbsp;$7404520506 |
| &nbsp;&nbsp;&nbsp;&nbsp;**Total number of portfolio holdings** | &nbsp;&nbsp;&nbsp;&nbsp;36 |
| &nbsp;&nbsp;&nbsp;&nbsp;**Portfolio turnover rate** | &nbsp;&nbsp;&nbsp;&nbsp;19% |

---

#### Graphical Representation of Holdings
The table below shows the investment makeup of the fund, representing a percentage of the total net assets of the fund.

**Asset Allocation**

---

| | |
|:---|:---|
| **Affiliated investment companies** | **95.2%** |
| **Equity** | **59.4%** |
| U.S. large cap | 22.8% |
| International equity | 17.4% |
| U.S. mid cap | 7.0% |
| Large blend | 6.5% |
| Emerging-market equity | 3.3% |
| U.S. small cap | 2.4% |
| **Fixed income** | **31.2%** |
| Intermediate bond | 13.1% |
| Multi-sector bond | 6.0% |
| Short-term bond | 3.4% |
| Emerging-market debt | 3.2% |
| Bank loan | 3.0% |
| High yield bond | 2.5% |
| **Alternative and specialty** | **4.6%** |
| Sector equity | 2.5% |
| Absolute return | 1.6% |
| Multi-asset income | 0.5% |
| **U.S. Government** | **4.8%** |

---

Holdings may not have been held by the fund for the entire period and are subject to change without notice. Portfolio composition is subject to review in accordance with the fund's investment strategy and may vary in the future. Current and future portfolio holdings are subject to risk and may change at any time.

*The fund is subject to various risks as described in the fund's prospectus . For more information, please refer to the "Principal risks" section of the prospectus .* 

Availability of Additional Information

![TSR QR Code](images_5144.jpg)

At jhinvestments.com/documents, you can find additional information about the fund, including the fund's:

* Prospectus

* Financial information

* Fund holdings

* Proxy voting information

You can also request this information by contacting us at 800-225-5291.

**This report is for the information of the shareholders in this fund. It is not authorized for distribution to prospective investors unless preceded or accompanied by the fund's prospectus.**

![Manulife JH front rebranded logo-TSR and FS](images_5123.jpg)

John Hancock Investment Management Distributors LLC, Member FINRA, SIPC, 200 Berkeley Street, Boston, MA 02116, 800-225-5291, jhinvestments.com

Manulife, Manulife Investments, Stylized M Design, and Manulife Investments & Stylized M Design are trademarks of The Manufacturers Life Insurance Company and John Hancock and the Stylized John Hancock Design are trademarks of John Hancock Life Insurance Company (U.S.A.). Each are used by it and by its affiliates under license.

NOT FDIC INSURED. MAY LOSE VALUE. NO BANK GUARANTEE. NOT INSURED BY ANY GOVERNMENT AGENCY.

MF4618629

07SA-C

6/25

8/25

John Hancock Multimanager Lifestyle Balanced Portfolio

![Manulife JH front rebranded logo-TSR and FS](images_5123.jpg)

## John Hancock Multimanager Lifestyle Balanced Portfolio
Class I/JTBIX

#### Semiannual SHAREHOLDER REPORT \| June 30, 2025
This semiannual shareholder report contains important information about the John Hancock Multimanager Lifestyle Balanced Portfolio (the fund) for the period of January 1, 2025 to June 30, 2025. You can find additional information about the fund at jhinvestments.com/documents. You can also request this information by contacting us at 800-225-5291.

#### What were the fund costs during the last six months ?

#### (Based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| **Fund (Class)** | **Costs of a $10,000 investment** | **Costs paid as a percentage<br>of a $10,000 investment** |
| Multimanager Lifestyle Balanced Portfolio<br>(Class I/JTBIX) | $13 | 0.26% |

---

Fund Statistics

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;**Fund net assets** | &nbsp;&nbsp;&nbsp;&nbsp;$7404520506 |
| &nbsp;&nbsp;&nbsp;&nbsp;**Total number of portfolio holdings** | &nbsp;&nbsp;&nbsp;&nbsp;36 |
| &nbsp;&nbsp;&nbsp;&nbsp;**Portfolio turnover rate** | &nbsp;&nbsp;&nbsp;&nbsp;19% |

---

#### Graphical Representation of Holdings
The table below shows the investment makeup of the fund, representing a percentage of the total net assets of the fund.

**Asset Allocation**

---

| | |
|:---|:---|
| **Affiliated investment companies** | **95.2%** |
| **Equity** | **59.4%** |
| U.S. large cap | 22.8% |
| International equity | 17.4% |
| U.S. mid cap | 7.0% |
| Large blend | 6.5% |
| Emerging-market equity | 3.3% |
| U.S. small cap | 2.4% |
| **Fixed income** | **31.2%** |
| Intermediate bond | 13.1% |
| Multi-sector bond | 6.0% |
| Short-term bond | 3.4% |
| Emerging-market debt | 3.2% |
| Bank loan | 3.0% |
| High yield bond | 2.5% |
| **Alternative and specialty** | **4.6%** |
| Sector equity | 2.5% |
| Absolute return | 1.6% |
| Multi-asset income | 0.5% |
| **U.S. Government** | **4.8%** |

---

Holdings may not have been held by the fund for the entire period and are subject to change without notice. Portfolio composition is subject to review in accordance with the fund's investment strategy and may vary in the future. Current and future portfolio holdings are subject to risk and may change at any time.

*The fund is subject to various risks as described in the fund's prospectus . For more information, please refer to the "Principal risks" section of the prospectus .* 

Availability of Additional Information

![TSR QR Code](images_5144.jpg)

At jhinvestments.com/documents, you can find additional information about the fund, including the fund's:

* Prospectus

* Financial information

* Fund holdings

* Proxy voting information

You can also request this information by contacting us at 800-225-5291.

**This report is for the information of the shareholders in this fund. It is not authorized for distribution to prospective investors unless preceded or accompanied by the fund's prospectus.**

![Manulife JH front rebranded logo-TSR and FS](images_5123.jpg)

John Hancock Investment Management Distributors LLC, Member FINRA, SIPC, 200 Berkeley Street, Boston, MA 02116, 800-225-5291, jhinvestments.com

Manulife, Manulife Investments, Stylized M Design, and Manulife Investments & Stylized M Design are trademarks of The Manufacturers Life Insurance Company and John Hancock and the Stylized John Hancock Design are trademarks of John Hancock Life Insurance Company (U.S.A.). Each are used by it and by its affiliates under license.

NOT FDIC INSURED. MAY LOSE VALUE. NO BANK GUARANTEE. NOT INSURED BY ANY GOVERNMENT AGENCY.

MF4618629

07SA-I

6/25

8/25

John Hancock Multimanager Lifestyle Balanced Portfolio

![Manulife JH front rebranded logo-TSR and FS](images_5123.jpg)

## John Hancock Multimanager Lifestyle Balanced Portfolio
Class R2/JQLBX

#### Semiannual SHAREHOLDER REPORT \| June 30, 2025
This semiannual shareholder report contains important information about the John Hancock Multimanager Lifestyle Balanced Portfolio (the fund) for the period of January 1, 2025 to June 30, 2025. You can find additional information about the fund at jhinvestments.com/documents. You can also request this information by contacting us at 800-225-5291.

#### What were the fund costs during the last six months ?

#### (Based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| **Fund (Class)** | **Costs of a $10,000 investment** | **Costs paid as a percentage<br>of a $10,000 investment** |
| Multimanager Lifestyle Balanced Portfolio<br>(Class R2/JQLBX) | $32 | 0.63% |

---

Fund Statistics

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;**Fund net assets** | &nbsp;&nbsp;&nbsp;&nbsp;$7404520506 |
| &nbsp;&nbsp;&nbsp;&nbsp;**Total number of portfolio holdings** | &nbsp;&nbsp;&nbsp;&nbsp;36 |
| &nbsp;&nbsp;&nbsp;&nbsp;**Portfolio turnover rate** | &nbsp;&nbsp;&nbsp;&nbsp;19% |

---

#### Graphical Representation of Holdings
The table below shows the investment makeup of the fund, representing a percentage of the total net assets of the fund.

**Asset Allocation**

---

| | |
|:---|:---|
| **Affiliated investment companies** | **95.2%** |
| **Equity** | **59.4%** |
| U.S. large cap | 22.8% |
| International equity | 17.4% |
| U.S. mid cap | 7.0% |
| Large blend | 6.5% |
| Emerging-market equity | 3.3% |
| U.S. small cap | 2.4% |
| **Fixed income** | **31.2%** |
| Intermediate bond | 13.1% |
| Multi-sector bond | 6.0% |
| Short-term bond | 3.4% |
| Emerging-market debt | 3.2% |
| Bank loan | 3.0% |
| High yield bond | 2.5% |
| **Alternative and specialty** | **4.6%** |
| Sector equity | 2.5% |
| Absolute return | 1.6% |
| Multi-asset income | 0.5% |
| **U.S. Government** | **4.8%** |

---

Holdings may not have been held by the fund for the entire period and are subject to change without notice. Portfolio composition is subject to review in accordance with the fund's investment strategy and may vary in the future. Current and future portfolio holdings are subject to risk and may change at any time.

*The fund is subject to various risks as described in the fund's prospectus . For more information, please refer to the "Principal risks" section of the prospectus .* 

Availability of Additional Information

![TSR QR Code](images_5144.jpg)

At jhinvestments.com/documents, you can find additional information about the fund, including the fund's:

* Prospectus

* Financial information

* Fund holdings

* Proxy voting information

You can also request this information by contacting us at 800-225-5291.

**This report is for the information of the shareholders in this fund. It is not authorized for distribution to prospective investors unless preceded or accompanied by the fund's prospectus.**

![Manulife JH front rebranded logo-TSR and FS](images_5123.jpg)

John Hancock Investment Management Distributors LLC, Member FINRA, SIPC, 200 Berkeley Street, Boston, MA 02116, 800-225-5291, jhinvestments.com

Manulife, Manulife Investments, Stylized M Design, and Manulife Investments & Stylized M Design are trademarks of The Manufacturers Life Insurance Company and John Hancock and the Stylized John Hancock Design are trademarks of John Hancock Life Insurance Company (U.S.A.). Each are used by it and by its affiliates under license.

NOT FDIC INSURED. MAY LOSE VALUE. NO BANK GUARANTEE. NOT INSURED BY ANY GOVERNMENT AGENCY.

MF4618629

07SA-R2

6/25

8/25

John Hancock Multimanager Lifestyle Balanced Portfolio

![Manulife JH front rebranded logo-TSR and FS](images_5123.jpg)

## John Hancock Multimanager Lifestyle Balanced Portfolio
Class R4/JSLBX

#### Semiannual SHAREHOLDER REPORT \| June 30, 2025
This semiannual shareholder report contains important information about the John Hancock Multimanager Lifestyle Balanced Portfolio (the fund) for the period of January 1, 2025 to June 30, 2025. You can find additional information about the fund at jhinvestments.com/documents. You can also request this information by contacting us at 800-225-5291.

#### What were the fund costs during the last six months ?

#### (Based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| **Fund (Class)** | **Costs of a $10,000 investment** | **Costs paid as a percentage<br>of a $10,000 investment** |
| Multimanager Lifestyle Balanced Portfolio<br>(Class R4/JSLBX) | $19 | 0.37% |

---

Fund Statistics

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;**Fund net assets** | &nbsp;&nbsp;&nbsp;&nbsp;$7404520506 |
| &nbsp;&nbsp;&nbsp;&nbsp;**Total number of portfolio holdings** | &nbsp;&nbsp;&nbsp;&nbsp;36 |
| &nbsp;&nbsp;&nbsp;&nbsp;**Portfolio turnover rate** | &nbsp;&nbsp;&nbsp;&nbsp;19% |

---

#### Graphical Representation of Holdings
The table below shows the investment makeup of the fund, representing a percentage of the total net assets of the fund.

**Asset Allocation**

---

| | |
|:---|:---|
| **Affiliated investment companies** | **95.2%** |
| **Equity** | **59.4%** |
| U.S. large cap | 22.8% |
| International equity | 17.4% |
| U.S. mid cap | 7.0% |
| Large blend | 6.5% |
| Emerging-market equity | 3.3% |
| U.S. small cap | 2.4% |
| **Fixed income** | **31.2%** |
| Intermediate bond | 13.1% |
| Multi-sector bond | 6.0% |
| Short-term bond | 3.4% |
| Emerging-market debt | 3.2% |
| Bank loan | 3.0% |
| High yield bond | 2.5% |
| **Alternative and specialty** | **4.6%** |
| Sector equity | 2.5% |
| Absolute return | 1.6% |
| Multi-asset income | 0.5% |
| **U.S. Government** | **4.8%** |

---

Holdings may not have been held by the fund for the entire period and are subject to change without notice. Portfolio composition is subject to review in accordance with the fund's investment strategy and may vary in the future. Current and future portfolio holdings are subject to risk and may change at any time.

*The fund is subject to various risks as described in the fund's prospectus . For more information, please refer to the "Principal risks" section of the prospectus .* 

Availability of Additional Information

![TSR QR Code](images_5144.jpg)

At jhinvestments.com/documents, you can find additional information about the fund, including the fund's:

* Prospectus

* Financial information

* Fund holdings

* Proxy voting information

You can also request this information by contacting us at 800-225-5291.

**This report is for the information of the shareholders in this fund. It is not authorized for distribution to prospective investors unless preceded or accompanied by the fund's prospectus.**

![Manulife JH front rebranded logo-TSR and FS](images_5123.jpg)

John Hancock Investment Management Distributors LLC, Member FINRA, SIPC, 200 Berkeley Street, Boston, MA 02116, 800-225-5291, jhinvestments.com

Manulife, Manulife Investments, Stylized M Design, and Manulife Investments & Stylized M Design are trademarks of The Manufacturers Life Insurance Company and John Hancock and the Stylized John Hancock Design are trademarks of John Hancock Life Insurance Company (U.S.A.). Each are used by it and by its affiliates under license.

NOT FDIC INSURED. MAY LOSE VALUE. NO BANK GUARANTEE. NOT INSURED BY ANY GOVERNMENT AGENCY.

MF4618629

07SA-R4

6/25

8/25

John Hancock Multimanager Lifestyle Balanced Portfolio

![Manulife JH front rebranded logo-TSR and FS](images_5123.jpg)

## John Hancock Multimanager Lifestyle Balanced Portfolio
Class R5/JTSBX

#### Semiannual SHAREHOLDER REPORT \| June 30, 2025
This semiannual shareholder report contains important information about the John Hancock Multimanager Lifestyle Balanced Portfolio (the fund) for the period of January 1, 2025 to June 30, 2025. You can find additional information about the fund at jhinvestments.com/documents. You can also request this information by contacting us at 800-225-5291.

#### What were the fund costs during the last six months ?

#### (Based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| **Fund (Class)** | **Costs of a $10,000 investment** | **Costs paid as a percentage<br>of a $10,000 investment** |
| Multimanager Lifestyle Balanced Portfolio<br>(Class R5/JTSBX) | $10 | 0.20% |

---

Fund Statistics

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;**Fund net assets** | &nbsp;&nbsp;&nbsp;&nbsp;$7404520506 |
| &nbsp;&nbsp;&nbsp;&nbsp;**Total number of portfolio holdings** | &nbsp;&nbsp;&nbsp;&nbsp;36 |
| &nbsp;&nbsp;&nbsp;&nbsp;**Portfolio turnover rate** | &nbsp;&nbsp;&nbsp;&nbsp;19% |

---

#### Graphical Representation of Holdings
The table below shows the investment makeup of the fund, representing a percentage of the total net assets of the fund.

**Asset Allocation**

---

| | |
|:---|:---|
| **Affiliated investment companies** | **95.2%** |
| **Equity** | **59.4%** |
| U.S. large cap | 22.8% |
| International equity | 17.4% |
| U.S. mid cap | 7.0% |
| Large blend | 6.5% |
| Emerging-market equity | 3.3% |
| U.S. small cap | 2.4% |
| **Fixed income** | **31.2%** |
| Intermediate bond | 13.1% |
| Multi-sector bond | 6.0% |
| Short-term bond | 3.4% |
| Emerging-market debt | 3.2% |
| Bank loan | 3.0% |
| High yield bond | 2.5% |
| **Alternative and specialty** | **4.6%** |
| Sector equity | 2.5% |
| Absolute return | 1.6% |
| Multi-asset income | 0.5% |
| **U.S. Government** | **4.8%** |

---

Holdings may not have been held by the fund for the entire period and are subject to change without notice. Portfolio composition is subject to review in accordance with the fund's investment strategy and may vary in the future. Current and future portfolio holdings are subject to risk and may change at any time.

*The fund is subject to various risks as described in the fund's prospectus . For more information, please refer to the "Principal risks" section of the prospectus .* 

Availability of Additional Information

![TSR QR Code](images_5144.jpg)

At jhinvestments.com/documents, you can find additional information about the fund, including the fund's:

* Prospectus

* Financial information

* Fund holdings

* Proxy voting information

You can also request this information by contacting us at 800-225-5291.

**This report is for the information of the shareholders in this fund. It is not authorized for distribution to prospective investors unless preceded or accompanied by the fund's prospectus.**

![Manulife JH front rebranded logo-TSR and FS](images_5123.jpg)

John Hancock Investment Management Distributors LLC, Member FINRA, SIPC, 200 Berkeley Street, Boston, MA 02116, 800-225-5291, jhinvestments.com

Manulife, Manulife Investments, Stylized M Design, and Manulife Investments & Stylized M Design are trademarks of The Manufacturers Life Insurance Company and John Hancock and the Stylized John Hancock Design are trademarks of John Hancock Life Insurance Company (U.S.A.). Each are used by it and by its affiliates under license.

NOT FDIC INSURED. MAY LOSE VALUE. NO BANK GUARANTEE. NOT INSURED BY ANY GOVERNMENT AGENCY.

MF4618629

07SA-R5

6/25

8/25

John Hancock Multimanager Lifestyle Balanced Portfolio

![Manulife JH front rebranded logo-TSR and FS](images_5123.jpg)

## John Hancock Multimanager Lifestyle Balanced Portfolio
Class R6/JULBX

#### Semiannual SHAREHOLDER REPORT \| June 30, 2025
This semiannual shareholder report contains important information about the John Hancock Multimanager Lifestyle Balanced Portfolio (the fund) for the period of January 1, 2025 to June 30, 2025. You can find additional information about the fund at jhinvestments.com/documents. You can also request this information by contacting us at 800-225-5291.

#### What were the fund costs during the last six months ?

#### (Based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| **Fund (Class)** | **Costs of a $10,000 investment** | **Costs paid as a percentage<br>of a $10,000 investment** |
| Multimanager Lifestyle Balanced Portfolio<br>(Class R6/JULBX) | $8 | 0.15% |

---

Fund Statistics

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;**Fund net assets** | &nbsp;&nbsp;&nbsp;&nbsp;$7404520506 |
| &nbsp;&nbsp;&nbsp;&nbsp;**Total number of portfolio holdings** | &nbsp;&nbsp;&nbsp;&nbsp;36 |
| &nbsp;&nbsp;&nbsp;&nbsp;**Portfolio turnover rate** | &nbsp;&nbsp;&nbsp;&nbsp;19% |

---

#### Graphical Representation of Holdings
The table below shows the investment makeup of the fund, representing a percentage of the total net assets of the fund.

**Asset Allocation**

---

| | |
|:---|:---|
| **Affiliated investment companies** | **95.2%** |
| **Equity** | **59.4%** |
| U.S. large cap | 22.8% |
| International equity | 17.4% |
| U.S. mid cap | 7.0% |
| Large blend | 6.5% |
| Emerging-market equity | 3.3% |
| U.S. small cap | 2.4% |
| **Fixed income** | **31.2%** |
| Intermediate bond | 13.1% |
| Multi-sector bond | 6.0% |
| Short-term bond | 3.4% |
| Emerging-market debt | 3.2% |
| Bank loan | 3.0% |
| High yield bond | 2.5% |
| **Alternative and specialty** | **4.6%** |
| Sector equity | 2.5% |
| Absolute return | 1.6% |
| Multi-asset income | 0.5% |
| **U.S. Government** | **4.8%** |

---

Holdings may not have been held by the fund for the entire period and are subject to change without notice. Portfolio composition is subject to review in accordance with the fund's investment strategy and may vary in the future. Current and future portfolio holdings are subject to risk and may change at any time.

*The fund is subject to various risks as described in the fund's prospectus . For more information, please refer to the "Principal risks" section of the prospectus .* 

Availability of Additional Information

![TSR QR Code](images_5144.jpg)

At jhinvestments.com/documents, you can find additional information about the fund, including the fund's:

* Prospectus

* Financial information

* Fund holdings

* Proxy voting information

You can also request this information by contacting us at 800-225-5291.

**This report is for the information of the shareholders in this fund. It is not authorized for distribution to prospective investors unless preceded or accompanied by the fund's prospectus.**

![Manulife JH front rebranded logo-TSR and FS](images_5123.jpg)

John Hancock Investment Management Distributors LLC, Member FINRA, SIPC, 200 Berkeley Street, Boston, MA 02116, 800-225-5291, jhinvestments.com

Manulife, Manulife Investments, Stylized M Design, and Manulife Investments & Stylized M Design are trademarks of The Manufacturers Life Insurance Company and John Hancock and the Stylized John Hancock Design are trademarks of John Hancock Life Insurance Company (U.S.A.). Each are used by it and by its affiliates under license.

NOT FDIC INSURED. MAY LOSE VALUE. NO BANK GUARANTEE. NOT INSURED BY ANY GOVERNMENT AGENCY.

MF4618629

07SA-R6

6/25

8/25

John Hancock Multimanager Lifestyle Balanced Portfolio

![Manulife JH front rebranded logo-TSR and FS](images_5123.jpg)

## John Hancock Multimanager Lifestyle Moderate Portfolio
Class 1/JILMX

#### Semiannual SHAREHOLDER REPORT \| June 30, 2025
This semiannual shareholder report contains important information about the John Hancock Multimanager Lifestyle Moderate Portfolio (the fund) for the period of January 1, 2025 to June 30, 2025. You can find additional information about the fund at jhinvestments.com/underlying-funds. You can also request this information by contacting us at 800-344-1029.

#### What were the fund costs during the last six months ?

#### (Based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| **Fund (Class)** | **Costs of a $10,000 investment** | **Costs paid as a percentage<br>of a $10,000 investment** |
| Multimanager Lifestyle Moderate Portfolio<br>(Class 1/JILMX) | $11 | 0.22% |

---

Fund Statistics

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;**Fund net assets** | &nbsp;&nbsp;&nbsp;&nbsp;$2116798487 |
| &nbsp;&nbsp;&nbsp;&nbsp;**Total number of portfolio holdings** | &nbsp;&nbsp;&nbsp;&nbsp;35 |
| &nbsp;&nbsp;&nbsp;&nbsp;**Portfolio turnover rate** | &nbsp;&nbsp;&nbsp;&nbsp;16% |

---

#### Graphical Representation of Holdings
The table below shows the investment makeup of the fund, representing a percentage of the total net assets of the fund.

**Asset Allocation**

---

| | |
|:---|:---|
| **Affiliated investment companies** | **93.6%** |
| **Equity** | **39.6%** |
| U.S. large cap | 15.2% |
| International equity | 12.3% |
| U.S. mid cap | 4.7% |
| Large blend | 4.4% |
| Emerging-market equity | 1.8% |
| U.S. small cap | 1.2% |
| **Fixed income** | **49.0%** |
| Intermediate bond | 23.0% |
| Multi-sector bond | 7.1% |
| Short-term bond | 5.7% |
| Emerging-market debt | 4.9% |
| Bank loan | 4.5% |
| High yield bond | 3.8% |
| **Alternative and specialty** | **5.0%** |
| Sector equity | 1.8% |
| Absolute return | 1.7% |
| Multi-asset income | 1.5% |
| **U.S. Government** | **6.4%** |

---

Holdings may not have been held by the fund for the entire period and are subject to change without notice. Portfolio composition is subject to review in accordance with the fund's investment strategy and may vary in the future. Current and future portfolio holdings are subject to risk and may change at any time.

*The fund is subject to various risks as described in the fund's prospectus . For more information, please refer to the "Principal risks" section of the prospectus .* 

Availability of Additional Information

![Underlying site QR code](images_5143.jpg)

At jhinvestments.com/underlying-funds, you can find additional information about the fund, including the fund's:

* Prospectus

* Financial information

* Fund holdings

* Proxy voting information

**This report is for the information of the shareholders in this fund. It is not authorized for distribution to prospective investors unless preceded or accompanied by the fund's prospectus.**

![Manulife JH front rebranded logo-TSR and FS](images_5123.jpg)

John Hancock Investment Management Distributors LLC, Member FINRA, SIPC, 200 Berkeley Street, Boston, MA 02116, 800-225-5291, jhinvestments.com

Manulife, Manulife Investments, Stylized M Design, and Manulife Investments & Stylized M Design are trademarks of The Manufacturers Life Insurance Company and John Hancock and the Stylized John Hancock Design are trademarks of John Hancock Life Insurance Company (U.S.A.). Each are used by it and by its affiliates under license.

NOT FDIC INSURED. MAY LOSE VALUE. NO BANK GUARANTEE. NOT INSURED BY ANY GOVERNMENT AGENCY.

MF4618629

97SA-1

6/25

8/25

John Hancock Multimanager Lifestyle Moderate Portfolio

![Manulife JH front rebranded logo-TSR and FS](images_5123.jpg)

## John Hancock Multimanager Lifestyle Moderate Portfolio
Class 5/JHLMX

#### Semiannual SHAREHOLDER REPORT \| June 30, 2025
This semiannual shareholder report contains important information about the John Hancock Multimanager Lifestyle Moderate Portfolio (the fund) for the period of January 1, 2025 to June 30, 2025. You can find additional information about the fund at jhinvestments.com/underlying-funds. You can also request this information by contacting us at 800-344-1029.

#### What were the fund costs during the last six months ?

#### (Based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| **Fund (Class)** | **Costs of a $10,000 investment** | **Costs paid as a percentage<br>of a $10,000 investment** |
| Multimanager Lifestyle Moderate Portfolio<br>(Class 5/JHLMX) | $9 | 0.17% |

---

Fund Statistics

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;**Fund net assets** | &nbsp;&nbsp;&nbsp;&nbsp;$2116798487 |
| &nbsp;&nbsp;&nbsp;&nbsp;**Total number of portfolio holdings** | &nbsp;&nbsp;&nbsp;&nbsp;35 |
| &nbsp;&nbsp;&nbsp;&nbsp;**Portfolio turnover rate** | &nbsp;&nbsp;&nbsp;&nbsp;16% |

---

#### Graphical Representation of Holdings
The table below shows the investment makeup of the fund, representing a percentage of the total net assets of the fund.

**Asset Allocation**

---

| | |
|:---|:---|
| **Affiliated investment companies** | **93.6%** |
| **Equity** | **39.6%** |
| U.S. large cap | 15.2% |
| International equity | 12.3% |
| U.S. mid cap | 4.7% |
| Large blend | 4.4% |
| Emerging-market equity | 1.8% |
| U.S. small cap | 1.2% |
| **Fixed income** | **49.0%** |
| Intermediate bond | 23.0% |
| Multi-sector bond | 7.1% |
| Short-term bond | 5.7% |
| Emerging-market debt | 4.9% |
| Bank loan | 4.5% |
| High yield bond | 3.8% |
| **Alternative and specialty** | **5.0%** |
| Sector equity | 1.8% |
| Absolute return | 1.7% |
| Multi-asset income | 1.5% |
| **U.S. Government** | **6.4%** |

---

Holdings may not have been held by the fund for the entire period and are subject to change without notice. Portfolio composition is subject to review in accordance with the fund's investment strategy and may vary in the future. Current and future portfolio holdings are subject to risk and may change at any time.

*The fund is subject to various risks as described in the fund's prospectus . For more information, please refer to the "Principal risks" section of the prospectus .* 

Availability of Additional Information

![Underlying site QR code](images_5143.jpg)

At jhinvestments.com/underlying-funds, you can find additional information about the fund, including the fund's:

* Prospectus

* Financial information

* Fund holdings

* Proxy voting information

**This report is for the information of the shareholders in this fund. It is not authorized for distribution to prospective investors unless preceded or accompanied by the fund's prospectus.**

![Manulife JH front rebranded logo-TSR and FS](images_5123.jpg)

John Hancock Investment Management Distributors LLC, Member FINRA, SIPC, 200 Berkeley Street, Boston, MA 02116, 800-225-5291, jhinvestments.com

Manulife, Manulife Investments, Stylized M Design, and Manulife Investments & Stylized M Design are trademarks of The Manufacturers Life Insurance Company and John Hancock and the Stylized John Hancock Design are trademarks of John Hancock Life Insurance Company (U.S.A.). Each are used by it and by its affiliates under license.

NOT FDIC INSURED. MAY LOSE VALUE. NO BANK GUARANTEE. NOT INSURED BY ANY GOVERNMENT AGENCY.

MF4618629

97SA-5

6/25

8/25

John Hancock Multimanager Lifestyle Moderate Portfolio

![Manulife JH front rebranded logo-TSR and FS](images_5123.jpg)

## John Hancock Multimanager Lifestyle Moderate Portfolio
Class A/JALMX

#### Semiannual SHAREHOLDER REPORT \| June 30, 2025
This semiannual shareholder report contains important information about the John Hancock Multimanager Lifestyle Moderate Portfolio (the fund) for the period of January 1, 2025 to June 30, 2025. You can find additional information about the fund at jhinvestments.com/documents. You can also request this information by contacting us at 800-225-5291.

#### What were the fund costs during the last six months ?

#### (Based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| **Fund (Class)** | **Costs of a $10,000 investment** | **Costs paid as a percentage<br>of a $10,000 investment** |
| Multimanager Lifestyle Moderate Portfolio<br>(Class A/JALMX) | $30 | 0.58% |

---

Fund Statistics

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;**Fund net assets** | &nbsp;&nbsp;&nbsp;&nbsp;$2116798487 |
| &nbsp;&nbsp;&nbsp;&nbsp;**Total number of portfolio holdings** | &nbsp;&nbsp;&nbsp;&nbsp;35 |
| &nbsp;&nbsp;&nbsp;&nbsp;**Portfolio turnover rate** | &nbsp;&nbsp;&nbsp;&nbsp;16% |

---

#### Graphical Representation of Holdings
The table below shows the investment makeup of the fund, representing a percentage of the total net assets of the fund.

**Asset Allocation**

---

| | |
|:---|:---|
| **Affiliated investment companies** | **93.6%** |
| **Equity** | **39.6%** |
| U.S. large cap | 15.2% |
| International equity | 12.3% |
| U.S. mid cap | 4.7% |
| Large blend | 4.4% |
| Emerging-market equity | 1.8% |
| U.S. small cap | 1.2% |
| **Fixed income** | **49.0%** |
| Intermediate bond | 23.0% |
| Multi-sector bond | 7.1% |
| Short-term bond | 5.7% |
| Emerging-market debt | 4.9% |
| Bank loan | 4.5% |
| High yield bond | 3.8% |
| **Alternative and specialty** | **5.0%** |
| Sector equity | 1.8% |
| Absolute return | 1.7% |
| Multi-asset income | 1.5% |
| **U.S. Government** | **6.4%** |

---

Holdings may not have been held by the fund for the entire period and are subject to change without notice. Portfolio composition is subject to review in accordance with the fund's investment strategy and may vary in the future. Current and future portfolio holdings are subject to risk and may change at any time.

*The fund is subject to various risks as described in the fund's prospectus . For more information, please refer to the "Principal risks" section of the prospectus .* 

Availability of Additional Information

![TSR QR Code](images_5144.jpg)

At jhinvestments.com/documents, you can find additional information about the fund, including the fund's:

* Prospectus

* Financial information

* Fund holdings

* Proxy voting information

You can also request this information by contacting us at 800-225-5291.

**This report is for the information of the shareholders in this fund. It is not authorized for distribution to prospective investors unless preceded or accompanied by the fund's prospectus.**

![Manulife JH front rebranded logo-TSR and FS](images_5123.jpg)

John Hancock Investment Management Distributors LLC, Member FINRA, SIPC, 200 Berkeley Street, Boston, MA 02116, 800-225-5291, jhinvestments.com

Manulife, Manulife Investments, Stylized M Design, and Manulife Investments & Stylized M Design are trademarks of The Manufacturers Life Insurance Company and John Hancock and the Stylized John Hancock Design are trademarks of John Hancock Life Insurance Company (U.S.A.). Each are used by it and by its affiliates under license.

NOT FDIC INSURED. MAY LOSE VALUE. NO BANK GUARANTEE. NOT INSURED BY ANY GOVERNMENT AGENCY.

MF4618629

97SA-A

6/25

8/25

John Hancock Multimanager Lifestyle Moderate Portfolio

![Manulife JH front rebranded logo-TSR and FS](images_5123.jpg)

## John Hancock Multimanager Lifestyle Moderate Portfolio
Class C/JCLMX

#### Semiannual SHAREHOLDER REPORT \| June 30, 2025
This semiannual shareholder report contains important information about the John Hancock Multimanager Lifestyle Moderate Portfolio (the fund) for the period of January 1, 2025 to June 30, 2025. You can find additional information about the fund at jhinvestments.com/documents. You can also request this information by contacting us at 800-225-5291.

#### What were the fund costs during the last six months ?

#### (Based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| **Fund (Class)** | **Costs of a $10,000 investment** | **Costs paid as a percentage<br>of a $10,000 investment** |
| Multimanager Lifestyle Moderate Portfolio<br>(Class C/JCLMX) | $66 | 1.29% |

---

Fund Statistics

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;**Fund net assets** | &nbsp;&nbsp;&nbsp;&nbsp;$2116798487 |
| &nbsp;&nbsp;&nbsp;&nbsp;**Total number of portfolio holdings** | &nbsp;&nbsp;&nbsp;&nbsp;35 |
| &nbsp;&nbsp;&nbsp;&nbsp;**Portfolio turnover rate** | &nbsp;&nbsp;&nbsp;&nbsp;16% |

---

#### Graphical Representation of Holdings
The table below shows the investment makeup of the fund, representing a percentage of the total net assets of the fund.

**Asset Allocation**

---

| | |
|:---|:---|
| **Affiliated investment companies** | **93.6%** |
| **Equity** | **39.6%** |
| U.S. large cap | 15.2% |
| International equity | 12.3% |
| U.S. mid cap | 4.7% |
| Large blend | 4.4% |
| Emerging-market equity | 1.8% |
| U.S. small cap | 1.2% |
| **Fixed income** | **49.0%** |
| Intermediate bond | 23.0% |
| Multi-sector bond | 7.1% |
| Short-term bond | 5.7% |
| Emerging-market debt | 4.9% |
| Bank loan | 4.5% |
| High yield bond | 3.8% |
| **Alternative and specialty** | **5.0%** |
| Sector equity | 1.8% |
| Absolute return | 1.7% |
| Multi-asset income | 1.5% |
| **U.S. Government** | **6.4%** |

---

Holdings may not have been held by the fund for the entire period and are subject to change without notice. Portfolio composition is subject to review in accordance with the fund's investment strategy and may vary in the future. Current and future portfolio holdings are subject to risk and may change at any time.

*The fund is subject to various risks as described in the fund's prospectus . For more information, please refer to the "Principal risks" section of the prospectus .* 

Availability of Additional Information

![TSR QR Code](images_5144.jpg)

At jhinvestments.com/documents, you can find additional information about the fund, including the fund's:

* Prospectus

* Financial information

* Fund holdings

* Proxy voting information

You can also request this information by contacting us at 800-225-5291.

**This report is for the information of the shareholders in this fund. It is not authorized for distribution to prospective investors unless preceded or accompanied by the fund's prospectus.**

![Manulife JH front rebranded logo-TSR and FS](images_5123.jpg)

John Hancock Investment Management Distributors LLC, Member FINRA, SIPC, 200 Berkeley Street, Boston, MA 02116, 800-225-5291, jhinvestments.com

Manulife, Manulife Investments, Stylized M Design, and Manulife Investments & Stylized M Design are trademarks of The Manufacturers Life Insurance Company and John Hancock and the Stylized John Hancock Design are trademarks of John Hancock Life Insurance Company (U.S.A.). Each are used by it and by its affiliates under license.

NOT FDIC INSURED. MAY LOSE VALUE. NO BANK GUARANTEE. NOT INSURED BY ANY GOVERNMENT AGENCY.

MF4618629

97SA-C

6/25

8/25

John Hancock Multimanager Lifestyle Moderate Portfolio

![Manulife JH front rebranded logo-TSR and FS](images_5123.jpg)

## John Hancock Multimanager Lifestyle Moderate Portfolio
Class I/JTMIX

#### Semiannual SHAREHOLDER REPORT \| June 30, 2025
This semiannual shareholder report contains important information about the John Hancock Multimanager Lifestyle Moderate Portfolio (the fund) for the period of January 1, 2025 to June 30, 2025. You can find additional information about the fund at jhinvestments.com/documents. You can also request this information by contacting us at 800-225-5291.

#### What were the fund costs during the last six months ?

#### (Based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| **Fund (Class)** | **Costs of a $10,000 investment** | **Costs paid as a percentage<br>of a $10,000 investment** |
| Multimanager Lifestyle Moderate Portfolio<br>(Class I/JTMIX) | $14 | 0.28% |

---

Fund Statistics

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;**Fund net assets** | &nbsp;&nbsp;&nbsp;&nbsp;$2116798487 |
| &nbsp;&nbsp;&nbsp;&nbsp;**Total number of portfolio holdings** | &nbsp;&nbsp;&nbsp;&nbsp;35 |
| &nbsp;&nbsp;&nbsp;&nbsp;**Portfolio turnover rate** | &nbsp;&nbsp;&nbsp;&nbsp;16% |

---

#### Graphical Representation of Holdings
The table below shows the investment makeup of the fund, representing a percentage of the total net assets of the fund.

**Asset Allocation**

---

| | |
|:---|:---|
| **Affiliated investment companies** | **93.6%** |
| **Equity** | **39.6%** |
| U.S. large cap | 15.2% |
| International equity | 12.3% |
| U.S. mid cap | 4.7% |
| Large blend | 4.4% |
| Emerging-market equity | 1.8% |
| U.S. small cap | 1.2% |
| **Fixed income** | **49.0%** |
| Intermediate bond | 23.0% |
| Multi-sector bond | 7.1% |
| Short-term bond | 5.7% |
| Emerging-market debt | 4.9% |
| Bank loan | 4.5% |
| High yield bond | 3.8% |
| **Alternative and specialty** | **5.0%** |
| Sector equity | 1.8% |
| Absolute return | 1.7% |
| Multi-asset income | 1.5% |
| **U.S. Government** | **6.4%** |

---

Holdings may not have been held by the fund for the entire period and are subject to change without notice. Portfolio composition is subject to review in accordance with the fund's investment strategy and may vary in the future. Current and future portfolio holdings are subject to risk and may change at any time.

*The fund is subject to various risks as described in the fund's prospectus . For more information, please refer to the "Principal risks" section of the prospectus .* 

Availability of Additional Information

![TSR QR Code](images_5144.jpg)

At jhinvestments.com/documents, you can find additional information about the fund, including the fund's:

* Prospectus

* Financial information

* Fund holdings

* Proxy voting information

You can also request this information by contacting us at 800-225-5291.

**This report is for the information of the shareholders in this fund. It is not authorized for distribution to prospective investors unless preceded or accompanied by the fund's prospectus.**

![Manulife JH front rebranded logo-TSR and FS](images_5123.jpg)

John Hancock Investment Management Distributors LLC, Member FINRA, SIPC, 200 Berkeley Street, Boston, MA 02116, 800-225-5291, jhinvestments.com

Manulife, Manulife Investments, Stylized M Design, and Manulife Investments & Stylized M Design are trademarks of The Manufacturers Life Insurance Company and John Hancock and the Stylized John Hancock Design are trademarks of John Hancock Life Insurance Company (U.S.A.). Each are used by it and by its affiliates under license.

NOT FDIC INSURED. MAY LOSE VALUE. NO BANK GUARANTEE. NOT INSURED BY ANY GOVERNMENT AGENCY.

MF4618629

97SA-I

6/25

8/25

John Hancock Multimanager Lifestyle Moderate Portfolio

![Manulife JH front rebranded logo-TSR and FS](images_5123.jpg)

## John Hancock Multimanager Lifestyle Moderate Portfolio
Class R2/JQLMX

#### Semiannual SHAREHOLDER REPORT \| June 30, 2025
This semiannual shareholder report contains important information about the John Hancock Multimanager Lifestyle Moderate Portfolio (the fund) for the period of January 1, 2025 to June 30, 2025. You can find additional information about the fund at jhinvestments.com/documents. You can also request this information by contacting us at 800-225-5291.

#### What were the fund costs during the last six months ?

#### (Based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| **Fund (Class)** | **Costs of a $10,000 investment** | **Costs paid as a percentage<br>of a $10,000 investment** |
| Multimanager Lifestyle Moderate Portfolio<br>(Class R2/JQLMX) | $34 | 0.66% |

---

Fund Statistics

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;**Fund net assets** | &nbsp;&nbsp;&nbsp;&nbsp;$2116798487 |
| &nbsp;&nbsp;&nbsp;&nbsp;**Total number of portfolio holdings** | &nbsp;&nbsp;&nbsp;&nbsp;35 |
| &nbsp;&nbsp;&nbsp;&nbsp;**Portfolio turnover rate** | &nbsp;&nbsp;&nbsp;&nbsp;16% |

---

#### Graphical Representation of Holdings
The table below shows the investment makeup of the fund, representing a percentage of the total net assets of the fund.

**Asset Allocation**

---

| | |
|:---|:---|
| **Affiliated investment companies** | **93.6%** |
| **Equity** | **39.6%** |
| U.S. large cap | 15.2% |
| International equity | 12.3% |
| U.S. mid cap | 4.7% |
| Large blend | 4.4% |
| Emerging-market equity | 1.8% |
| U.S. small cap | 1.2% |
| **Fixed income** | **49.0%** |
| Intermediate bond | 23.0% |
| Multi-sector bond | 7.1% |
| Short-term bond | 5.7% |
| Emerging-market debt | 4.9% |
| Bank loan | 4.5% |
| High yield bond | 3.8% |
| **Alternative and specialty** | **5.0%** |
| Sector equity | 1.8% |
| Absolute return | 1.7% |
| Multi-asset income | 1.5% |
| **U.S. Government** | **6.4%** |

---

Holdings may not have been held by the fund for the entire period and are subject to change without notice. Portfolio composition is subject to review in accordance with the fund's investment strategy and may vary in the future. Current and future portfolio holdings are subject to risk and may change at any time.

*The fund is subject to various risks as described in the fund's prospectus . For more information, please refer to the "Principal risks" section of the prospectus .* 

Availability of Additional Information

![TSR QR Code](images_5144.jpg)

At jhinvestments.com/documents, you can find additional information about the fund, including the fund's:

* Prospectus

* Financial information

* Fund holdings

* Proxy voting information

You can also request this information by contacting us at 800-225-5291.

**This report is for the information of the shareholders in this fund. It is not authorized for distribution to prospective investors unless preceded or accompanied by the fund's prospectus.**

![Manulife JH front rebranded logo-TSR and FS](images_5123.jpg)

John Hancock Investment Management Distributors LLC, Member FINRA, SIPC, 200 Berkeley Street, Boston, MA 02116, 800-225-5291, jhinvestments.com

Manulife, Manulife Investments, Stylized M Design, and Manulife Investments & Stylized M Design are trademarks of The Manufacturers Life Insurance Company and John Hancock and the Stylized John Hancock Design are trademarks of John Hancock Life Insurance Company (U.S.A.). Each are used by it and by its affiliates under license.

NOT FDIC INSURED. MAY LOSE VALUE. NO BANK GUARANTEE. NOT INSURED BY ANY GOVERNMENT AGENCY.

MF4618629

97SA-R2

6/25

8/25

John Hancock Multimanager Lifestyle Moderate Portfolio

![Manulife JH front rebranded logo-TSR and FS](images_5123.jpg)

## John Hancock Multimanager Lifestyle Moderate Portfolio
Class R4/JSLMX

#### Semiannual SHAREHOLDER REPORT \| June 30, 2025
This semiannual shareholder report contains important information about the John Hancock Multimanager Lifestyle Moderate Portfolio (the fund) for the period of January 1, 2025 to June 30, 2025. You can find additional information about the fund at jhinvestments.com/documents. You can also request this information by contacting us at 800-225-5291.

#### What were the fund costs during the last six months ?

#### (Based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| **Fund (Class)** | **Costs of a $10,000 investment** | **Costs paid as a percentage<br>of a $10,000 investment** |
| Multimanager Lifestyle Moderate Portfolio<br>(Class R4/JSLMX) | $21 | 0.41% |

---

Fund Statistics

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;**Fund net assets** | &nbsp;&nbsp;&nbsp;&nbsp;$2116798487 |
| &nbsp;&nbsp;&nbsp;&nbsp;**Total number of portfolio holdings** | &nbsp;&nbsp;&nbsp;&nbsp;35 |
| &nbsp;&nbsp;&nbsp;&nbsp;**Portfolio turnover rate** | &nbsp;&nbsp;&nbsp;&nbsp;16% |

---

#### Graphical Representation of Holdings
The table below shows the investment makeup of the fund, representing a percentage of the total net assets of the fund.

**Asset Allocation**

---

| | |
|:---|:---|
| **Affiliated investment companies** | **93.6%** |
| **Equity** | **39.6%** |
| U.S. large cap | 15.2% |
| International equity | 12.3% |
| U.S. mid cap | 4.7% |
| Large blend | 4.4% |
| Emerging-market equity | 1.8% |
| U.S. small cap | 1.2% |
| **Fixed income** | **49.0%** |
| Intermediate bond | 23.0% |
| Multi-sector bond | 7.1% |
| Short-term bond | 5.7% |
| Emerging-market debt | 4.9% |
| Bank loan | 4.5% |
| High yield bond | 3.8% |
| **Alternative and specialty** | **5.0%** |
| Sector equity | 1.8% |
| Absolute return | 1.7% |
| Multi-asset income | 1.5% |
| **U.S. Government** | **6.4%** |

---

Holdings may not have been held by the fund for the entire period and are subject to change without notice. Portfolio composition is subject to review in accordance with the fund's investment strategy and may vary in the future. Current and future portfolio holdings are subject to risk and may change at any time.

*The fund is subject to various risks as described in the fund's prospectus . For more information, please refer to the "Principal risks" section of the prospectus .* 

Availability of Additional Information

![TSR QR Code](images_5144.jpg)

At jhinvestments.com/documents, you can find additional information about the fund, including the fund's:

* Prospectus

* Financial information

* Fund holdings

* Proxy voting information

You can also request this information by contacting us at 800-225-5291.

**This report is for the information of the shareholders in this fund. It is not authorized for distribution to prospective investors unless preceded or accompanied by the fund's prospectus.**

![Manulife JH front rebranded logo-TSR and FS](images_5123.jpg)

John Hancock Investment Management Distributors LLC, Member FINRA, SIPC, 200 Berkeley Street, Boston, MA 02116, 800-225-5291, jhinvestments.com

Manulife, Manulife Investments, Stylized M Design, and Manulife Investments & Stylized M Design are trademarks of The Manufacturers Life Insurance Company and John Hancock and the Stylized John Hancock Design are trademarks of John Hancock Life Insurance Company (U.S.A.). Each are used by it and by its affiliates under license.

NOT FDIC INSURED. MAY LOSE VALUE. NO BANK GUARANTEE. NOT INSURED BY ANY GOVERNMENT AGENCY.

MF4618629

97SA-R4

6/25

8/25

John Hancock Multimanager Lifestyle Moderate Portfolio

![Manulife JH front rebranded logo-TSR and FS](images_5123.jpg)

## John Hancock Multimanager Lifestyle Moderate Portfolio
Class R5/JTLMX

#### Semiannual SHAREHOLDER REPORT \| June 30, 2025
This semiannual shareholder report contains important information about the John Hancock Multimanager Lifestyle Moderate Portfolio (the fund) for the period of January 1, 2025 to June 30, 2025. You can find additional information about the fund at jhinvestments.com/documents. You can also request this information by contacting us at 800-225-5291.

#### What were the fund costs during the last six months ?

#### (Based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| **Fund (Class)** | **Costs of a $10,000 investment** | **Costs paid as a percentage<br>of a $10,000 investment** |
| Multimanager Lifestyle Moderate Portfolio<br>(Class R5/JTLMX) | $11 | 0.22% |

---

Fund Statistics

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;**Fund net assets** | &nbsp;&nbsp;&nbsp;&nbsp;$2116798487 |
| &nbsp;&nbsp;&nbsp;&nbsp;**Total number of portfolio holdings** | &nbsp;&nbsp;&nbsp;&nbsp;35 |
| &nbsp;&nbsp;&nbsp;&nbsp;**Portfolio turnover rate** | &nbsp;&nbsp;&nbsp;&nbsp;16% |

---

#### Graphical Representation of Holdings
The table below shows the investment makeup of the fund, representing a percentage of the total net assets of the fund.

**Asset Allocation**

---

| | |
|:---|:---|
| **Affiliated investment companies** | **93.6%** |
| **Equity** | **39.6%** |
| U.S. large cap | 15.2% |
| International equity | 12.3% |
| U.S. mid cap | 4.7% |
| Large blend | 4.4% |
| Emerging-market equity | 1.8% |
| U.S. small cap | 1.2% |
| **Fixed income** | **49.0%** |
| Intermediate bond | 23.0% |
| Multi-sector bond | 7.1% |
| Short-term bond | 5.7% |
| Emerging-market debt | 4.9% |
| Bank loan | 4.5% |
| High yield bond | 3.8% |
| **Alternative and specialty** | **5.0%** |
| Sector equity | 1.8% |
| Absolute return | 1.7% |
| Multi-asset income | 1.5% |
| **U.S. Government** | **6.4%** |

---

Holdings may not have been held by the fund for the entire period and are subject to change without notice. Portfolio composition is subject to review in accordance with the fund's investment strategy and may vary in the future. Current and future portfolio holdings are subject to risk and may change at any time.

*The fund is subject to various risks as described in the fund's prospectus . For more information, please refer to the "Principal risks" section of the prospectus .* 

Availability of Additional Information

![TSR QR Code](images_5144.jpg)

At jhinvestments.com/documents, you can find additional information about the fund, including the fund's:

* Prospectus

* Financial information

* Fund holdings

* Proxy voting information

You can also request this information by contacting us at 800-225-5291.

**This report is for the information of the shareholders in this fund. It is not authorized for distribution to prospective investors unless preceded or accompanied by the fund's prospectus.**

![Manulife JH front rebranded logo-TSR and FS](images_5123.jpg)

John Hancock Investment Management Distributors LLC, Member FINRA, SIPC, 200 Berkeley Street, Boston, MA 02116, 800-225-5291, jhinvestments.com

Manulife, Manulife Investments, Stylized M Design, and Manulife Investments & Stylized M Design are trademarks of The Manufacturers Life Insurance Company and John Hancock and the Stylized John Hancock Design are trademarks of John Hancock Life Insurance Company (U.S.A.). Each are used by it and by its affiliates under license.

NOT FDIC INSURED. MAY LOSE VALUE. NO BANK GUARANTEE. NOT INSURED BY ANY GOVERNMENT AGENCY.

MF4618629

97SA-R5

6/25

8/25

John Hancock Multimanager Lifestyle Moderate Portfolio

![Manulife JH front rebranded logo-TSR and FS](images_5123.jpg)

## John Hancock Multimanager Lifestyle Moderate Portfolio
Class R6/JULMX

#### Semiannual SHAREHOLDER REPORT \| June 30, 2025
This semiannual shareholder report contains important information about the John Hancock Multimanager Lifestyle Moderate Portfolio (the fund) for the period of January 1, 2025 to June 30, 2025. You can find additional information about the fund at jhinvestments.com/documents. You can also request this information by contacting us at 800-225-5291.

#### What were the fund costs during the last six months ?

#### (Based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| **Fund (Class)** | **Costs of a $10,000 investment** | **Costs paid as a percentage<br>of a $10,000 investment** |
| Multimanager Lifestyle Moderate Portfolio<br>(Class R6/JULMX) | $9 | 0.18% |

---

Fund Statistics

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;**Fund net assets** | &nbsp;&nbsp;&nbsp;&nbsp;$2116798487 |
| &nbsp;&nbsp;&nbsp;&nbsp;**Total number of portfolio holdings** | &nbsp;&nbsp;&nbsp;&nbsp;35 |
| &nbsp;&nbsp;&nbsp;&nbsp;**Portfolio turnover rate** | &nbsp;&nbsp;&nbsp;&nbsp;16% |

---

#### Graphical Representation of Holdings
The table below shows the investment makeup of the fund, representing a percentage of the total net assets of the fund.

**Asset Allocation**

---

| | |
|:---|:---|
| **Affiliated investment companies** | **93.6%** |
| **Equity** | **39.6%** |
| U.S. large cap | 15.2% |
| International equity | 12.3% |
| U.S. mid cap | 4.7% |
| Large blend | 4.4% |
| Emerging-market equity | 1.8% |
| U.S. small cap | 1.2% |
| **Fixed income** | **49.0%** |
| Intermediate bond | 23.0% |
| Multi-sector bond | 7.1% |
| Short-term bond | 5.7% |
| Emerging-market debt | 4.9% |
| Bank loan | 4.5% |
| High yield bond | 3.8% |
| **Alternative and specialty** | **5.0%** |
| Sector equity | 1.8% |
| Absolute return | 1.7% |
| Multi-asset income | 1.5% |
| **U.S. Government** | **6.4%** |

---

Holdings may not have been held by the fund for the entire period and are subject to change without notice. Portfolio composition is subject to review in accordance with the fund's investment strategy and may vary in the future. Current and future portfolio holdings are subject to risk and may change at any time.

*The fund is subject to various risks as described in the fund's prospectus . For more information, please refer to the "Principal risks" section of the prospectus .* 

Availability of Additional Information

![TSR QR Code](images_5144.jpg)

At jhinvestments.com/documents, you can find additional information about the fund, including the fund's:

* Prospectus

* Financial information

* Fund holdings

* Proxy voting information

You can also request this information by contacting us at 800-225-5291.

**This report is for the information of the shareholders in this fund. It is not authorized for distribution to prospective investors unless preceded or accompanied by the fund's prospectus.**

![Manulife JH front rebranded logo-TSR and FS](images_5123.jpg)

John Hancock Investment Management Distributors LLC, Member FINRA, SIPC, 200 Berkeley Street, Boston, MA 02116, 800-225-5291, jhinvestments.com

Manulife, Manulife Investments, Stylized M Design, and Manulife Investments & Stylized M Design are trademarks of The Manufacturers Life Insurance Company and John Hancock and the Stylized John Hancock Design are trademarks of John Hancock Life Insurance Company (U.S.A.). Each are used by it and by its affiliates under license.

NOT FDIC INSURED. MAY LOSE VALUE. NO BANK GUARANTEE. NOT INSURED BY ANY GOVERNMENT AGENCY.

MF4618629

97SA-R6

6/25

8/25

John Hancock Multimanager Lifestyle Moderate Portfolio

![Manulife JH front rebranded logo-TSR and FS](images_5123.jpg)

## John Hancock Multimanager Lifestyle Conservative Portfolio
Class 1/JILCX

#### Semiannual SHAREHOLDER REPORT \| June 30, 2025
This semiannual shareholder report contains important information about the John Hancock Multimanager Lifestyle Conservative Portfolio (the fund) for the period of January 1, 2025 to June 30, 2025. You can find additional information about the fund at jhinvestments.com/underlying-funds. You can also request this information by contacting us at 800-344-1029.

#### What were the fund costs during the last six months ?

#### (Based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| **Fund (Class)** | **Costs of a $10,000 investment** | **Costs paid as a percentage<br>of a $10,000 investment** |
| Multimanager Lifestyle Conservative Portfolio<br>(Class 1/JILCX) | $13 | 0.25% |

---

Fund Statistics

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;**Fund net assets** | &nbsp;&nbsp;&nbsp;&nbsp;$1594750974 |
| &nbsp;&nbsp;&nbsp;&nbsp;**Total number of portfolio holdings** | &nbsp;&nbsp;&nbsp;&nbsp;26 |
| &nbsp;&nbsp;&nbsp;&nbsp;**Portfolio turnover rate** | &nbsp;&nbsp;&nbsp;&nbsp;13% |

---

#### Graphical Representation of Holdings
The table below shows the investment makeup of the fund, representing a percentage of the total net assets of the fund.

**Asset Allocation**

---

| | |
|:---|:---|
| **Affiliated investment companies** | **90.3%** |
| **Equity** | **20.6%** |
| International equity | 6.9% |
| U.S. large cap | 6.6% |
| Large blend | 3.5% |
| U.S. mid cap | 2.2% |
| U.S. small cap | 0.9% |
| Emerging-market equity | 0.5% |
| **Fixed income** | **67.7%** |
| Intermediate bond | 33.2% |
| Multi-sector bond | 8.6% |
| Short-term bond | 8.3% |
| Emerging-market debt | 6.5% |
| Bank loan | 6.0% |
| High yield bond | 5.1% |
| **Alternative and specialty** | **2.0%** |
| Multi-asset income | 2.0% |
| **U.S. Government** | **9.7%** |

---

Holdings may not have been held by the fund for the entire period and are subject to change without notice. Portfolio composition is subject to review in accordance with the fund's investment strategy and may vary in the future. Current and future portfolio holdings are subject to risk and may change at any time.

*The fund is subject to various risks as described in the fund's prospectus . For more information, please refer to the "Principal risks" section of the prospectus .* 

Availability of Additional Information

![Underlying site QR code](images_5143.jpg)

At jhinvestments.com/underlying-funds, you can find additional information about the fund, including the fund's:

* Prospectus

* Financial information

* Fund holdings

* Proxy voting information

**This report is for the information of the shareholders in this fund. It is not authorized for distribution to prospective investors unless preceded or accompanied by the fund's prospectus.**

![Manulife JH front rebranded logo-TSR and FS](images_5123.jpg)

John Hancock Investment Management Distributors LLC, Member FINRA, SIPC, 200 Berkeley Street, Boston, MA 02116, 800-225-5291, jhinvestments.com

Manulife, Manulife Investments, Stylized M Design, and Manulife Investments & Stylized M Design are trademarks of The Manufacturers Life Insurance Company and John Hancock and the Stylized John Hancock Design are trademarks of John Hancock Life Insurance Company (U.S.A.). Each are used by it and by its affiliates under license.

NOT FDIC INSURED. MAY LOSE VALUE. NO BANK GUARANTEE. NOT INSURED BY ANY GOVERNMENT AGENCY.

MF4618629

98SA-1

6/25

8/25

John Hancock Multimanager Lifestyle Conservative Portfolio

![Manulife JH front rebranded logo-TSR and FS](images_5123.jpg)

## John Hancock Multimanager Lifestyle Conservative Portfolio
Class A/JALRX

#### Semiannual SHAREHOLDER REPORT \| June 30, 2025
This semiannual shareholder report contains important information about the John Hancock Multimanager Lifestyle Conservative Portfolio (the fund) for the period of January 1, 2025 to June 30, 2025. You can find additional information about the fund at jhinvestments.com/documents. You can also request this information by contacting us at 800-225-5291.

#### What were the fund costs during the last six months ?

#### (Based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| **Fund (Class)** | **Costs of a $10,000 investment** | **Costs paid as a percentage<br>of a $10,000 investment** |
| Multimanager Lifestyle Conservative Portfolio<br>(Class A/JALRX) | $31 | 0.61% |

---

Fund Statistics

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;**Fund net assets** | &nbsp;&nbsp;&nbsp;&nbsp;$1594750974 |
| &nbsp;&nbsp;&nbsp;&nbsp;**Total number of portfolio holdings** | &nbsp;&nbsp;&nbsp;&nbsp;26 |
| &nbsp;&nbsp;&nbsp;&nbsp;**Portfolio turnover rate** | &nbsp;&nbsp;&nbsp;&nbsp;13% |

---

#### Graphical Representation of Holdings
The table below shows the investment makeup of the fund, representing a percentage of the total net assets of the fund.

**Asset Allocation**

---

| | |
|:---|:---|
| **Affiliated investment companies** | **90.3%** |
| **Equity** | **20.6%** |
| International equity | 6.9% |
| U.S. large cap | 6.6% |
| Large blend | 3.5% |
| U.S. mid cap | 2.2% |
| U.S. small cap | 0.9% |
| Emerging-market equity | 0.5% |
| **Fixed income** | **67.7%** |
| Intermediate bond | 33.2% |
| Multi-sector bond | 8.6% |
| Short-term bond | 8.3% |
| Emerging-market debt | 6.5% |
| Bank loan | 6.0% |
| High yield bond | 5.1% |
| **Alternative and specialty** | **2.0%** |
| Multi-asset income | 2.0% |
| **U.S. Government** | **9.7%** |

---

Holdings may not have been held by the fund for the entire period and are subject to change without notice. Portfolio composition is subject to review in accordance with the fund's investment strategy and may vary in the future. Current and future portfolio holdings are subject to risk and may change at any time.

*The fund is subject to various risks as described in the fund's prospectus . For more information, please refer to the "Principal risks" section of the prospectus .* 

Availability of Additional Information

![TSR QR Code](images_5144.jpg)

At jhinvestments.com/documents, you can find additional information about the fund, including the fund's:

* Prospectus

* Financial information

* Fund holdings

* Proxy voting information

You can also request this information by contacting us at 800-225-5291.

**This report is for the information of the shareholders in this fund. It is not authorized for distribution to prospective investors unless preceded or accompanied by the fund's prospectus.**

![Manulife JH front rebranded logo-TSR and FS](images_5123.jpg)

John Hancock Investment Management Distributors LLC, Member FINRA, SIPC, 200 Berkeley Street, Boston, MA 02116, 800-225-5291, jhinvestments.com

Manulife, Manulife Investments, Stylized M Design, and Manulife Investments & Stylized M Design are trademarks of The Manufacturers Life Insurance Company and John Hancock and the Stylized John Hancock Design are trademarks of John Hancock Life Insurance Company (U.S.A.). Each are used by it and by its affiliates under license.

NOT FDIC INSURED. MAY LOSE VALUE. NO BANK GUARANTEE. NOT INSURED BY ANY GOVERNMENT AGENCY.

MF4618629

98SA-A

6/25

8/25

John Hancock Multimanager Lifestyle Conservative Portfolio

![Manulife JH front rebranded logo-TSR and FS](images_5123.jpg)

## John Hancock Multimanager Lifestyle Conservative Portfolio
Class C/JCLCX

#### Semiannual SHAREHOLDER REPORT \| June 30, 2025
This semiannual shareholder report contains important information about the John Hancock Multimanager Lifestyle Conservative Portfolio (the fund) for the period of January 1, 2025 to June 30, 2025. You can find additional information about the fund at jhinvestments.com/documents. You can also request this information by contacting us at 800-225-5291.

#### What were the fund costs during the last six months ?

#### (Based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| **Fund (Class)** | **Costs of a $10,000 investment** | **Costs paid as a percentage<br>of a $10,000 investment** |
| Multimanager Lifestyle Conservative Portfolio<br>(Class C/JCLCX) | $67 | 1.32% |

---

Fund Statistics

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;**Fund net assets** | &nbsp;&nbsp;&nbsp;&nbsp;$1594750974 |
| &nbsp;&nbsp;&nbsp;&nbsp;**Total number of portfolio holdings** | &nbsp;&nbsp;&nbsp;&nbsp;26 |
| &nbsp;&nbsp;&nbsp;&nbsp;**Portfolio turnover rate** | &nbsp;&nbsp;&nbsp;&nbsp;13% |

---

#### Graphical Representation of Holdings
The table below shows the investment makeup of the fund, representing a percentage of the total net assets of the fund.

**Asset Allocation**

---

| | |
|:---|:---|
| **Affiliated investment companies** | **90.3%** |
| **Equity** | **20.6%** |
| International equity | 6.9% |
| U.S. large cap | 6.6% |
| Large blend | 3.5% |
| U.S. mid cap | 2.2% |
| U.S. small cap | 0.9% |
| Emerging-market equity | 0.5% |
| **Fixed income** | **67.7%** |
| Intermediate bond | 33.2% |
| Multi-sector bond | 8.6% |
| Short-term bond | 8.3% |
| Emerging-market debt | 6.5% |
| Bank loan | 6.0% |
| High yield bond | 5.1% |
| **Alternative and specialty** | **2.0%** |
| Multi-asset income | 2.0% |
| **U.S. Government** | **9.7%** |

---

Holdings may not have been held by the fund for the entire period and are subject to change without notice. Portfolio composition is subject to review in accordance with the fund's investment strategy and may vary in the future. Current and future portfolio holdings are subject to risk and may change at any time.

*The fund is subject to various risks as described in the fund's prospectus . For more information, please refer to the "Principal risks" section of the prospectus .* 

Availability of Additional Information

![TSR QR Code](images_5144.jpg)

At jhinvestments.com/documents, you can find additional information about the fund, including the fund's:

* Prospectus

* Financial information

* Fund holdings

* Proxy voting information

You can also request this information by contacting us at 800-225-5291.

**This report is for the information of the shareholders in this fund. It is not authorized for distribution to prospective investors unless preceded or accompanied by the fund's prospectus.**

![Manulife JH front rebranded logo-TSR and FS](images_5123.jpg)

John Hancock Investment Management Distributors LLC, Member FINRA, SIPC, 200 Berkeley Street, Boston, MA 02116, 800-225-5291, jhinvestments.com

Manulife, Manulife Investments, Stylized M Design, and Manulife Investments & Stylized M Design are trademarks of The Manufacturers Life Insurance Company and John Hancock and the Stylized John Hancock Design are trademarks of John Hancock Life Insurance Company (U.S.A.). Each are used by it and by its affiliates under license.

NOT FDIC INSURED. MAY LOSE VALUE. NO BANK GUARANTEE. NOT INSURED BY ANY GOVERNMENT AGENCY.

MF4618629

98SA-C

6/25

8/25

John Hancock Multimanager Lifestyle Conservative Portfolio

![Manulife JH front rebranded logo-TSR and FS](images_5123.jpg)

## John Hancock Multimanager Lifestyle Conservative Portfolio
Class I/JTOIX

#### Semiannual SHAREHOLDER REPORT \| June 30, 2025
This semiannual shareholder report contains important information about the John Hancock Multimanager Lifestyle Conservative Portfolio (the fund) for the period of January 1, 2025 to June 30, 2025. You can find additional information about the fund at jhinvestments.com/documents. You can also request this information by contacting us at 800-225-5291.

#### What were the fund costs during the last six months ?

#### (Based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| **Fund (Class)** | **Costs of a $10,000 investment** | **Costs paid as a percentage<br>of a $10,000 investment** |
| Multimanager Lifestyle Conservative Portfolio<br>(Class I/JTOIX) | $16 | 0.31% |

---

Fund Statistics

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;**Fund net assets** | &nbsp;&nbsp;&nbsp;&nbsp;$1594750974 |
| &nbsp;&nbsp;&nbsp;&nbsp;**Total number of portfolio holdings** | &nbsp;&nbsp;&nbsp;&nbsp;26 |
| &nbsp;&nbsp;&nbsp;&nbsp;**Portfolio turnover rate** | &nbsp;&nbsp;&nbsp;&nbsp;13% |

---

#### Graphical Representation of Holdings
The table below shows the investment makeup of the fund, representing a percentage of the total net assets of the fund.

**Asset Allocation**

---

| | |
|:---|:---|
| **Affiliated investment companies** | **90.3%** |
| **Equity** | **20.6%** |
| International equity | 6.9% |
| U.S. large cap | 6.6% |
| Large blend | 3.5% |
| U.S. mid cap | 2.2% |
| U.S. small cap | 0.9% |
| Emerging-market equity | 0.5% |
| **Fixed income** | **67.7%** |
| Intermediate bond | 33.2% |
| Multi-sector bond | 8.6% |
| Short-term bond | 8.3% |
| Emerging-market debt | 6.5% |
| Bank loan | 6.0% |
| High yield bond | 5.1% |
| **Alternative and specialty** | **2.0%** |
| Multi-asset income | 2.0% |
| **U.S. Government** | **9.7%** |

---

Holdings may not have been held by the fund for the entire period and are subject to change without notice. Portfolio composition is subject to review in accordance with the fund's investment strategy and may vary in the future. Current and future portfolio holdings are subject to risk and may change at any time.

*The fund is subject to various risks as described in the fund's prospectus . For more information, please refer to the "Principal risks" section of the prospectus .* 

Availability of Additional Information

![TSR QR Code](images_5144.jpg)

At jhinvestments.com/documents, you can find additional information about the fund, including the fund's:

* Prospectus

* Financial information

* Fund holdings

* Proxy voting information

You can also request this information by contacting us at 800-225-5291.

**This report is for the information of the shareholders in this fund. It is not authorized for distribution to prospective investors unless preceded or accompanied by the fund's prospectus.**

![Manulife JH front rebranded logo-TSR and FS](images_5123.jpg)

John Hancock Investment Management Distributors LLC, Member FINRA, SIPC, 200 Berkeley Street, Boston, MA 02116, 800-225-5291, jhinvestments.com

Manulife, Manulife Investments, Stylized M Design, and Manulife Investments & Stylized M Design are trademarks of The Manufacturers Life Insurance Company and John Hancock and the Stylized John Hancock Design are trademarks of John Hancock Life Insurance Company (U.S.A.). Each are used by it and by its affiliates under license.

NOT FDIC INSURED. MAY LOSE VALUE. NO BANK GUARANTEE. NOT INSURED BY ANY GOVERNMENT AGENCY.

MF4618629

98SA-I

6/25

8/25

John Hancock Multimanager Lifestyle Conservative Portfolio

![Manulife JH front rebranded logo-TSR and FS](images_5123.jpg)

## John Hancock Multimanager Lifestyle Conservative Portfolio
Class R2/JQLCX

#### Semiannual SHAREHOLDER REPORT \| June 30, 2025
This semiannual shareholder report contains important information about the John Hancock Multimanager Lifestyle Conservative Portfolio (the fund) for the period of January 1, 2025 to June 30, 2025. You can find additional information about the fund at jhinvestments.com/documents. You can also request this information by contacting us at 800-225-5291.

#### What were the fund costs during the last six months ?

#### (Based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| **Fund (Class)** | **Costs of a $10,000 investment** | **Costs paid as a percentage<br>of a $10,000 investment** |
| Multimanager Lifestyle Conservative Portfolio<br>(Class R2/JQLCX) | $34 | 0.68% |

---

Fund Statistics

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;**Fund net assets** | &nbsp;&nbsp;&nbsp;&nbsp;$1594750974 |
| &nbsp;&nbsp;&nbsp;&nbsp;**Total number of portfolio holdings** | &nbsp;&nbsp;&nbsp;&nbsp;26 |
| &nbsp;&nbsp;&nbsp;&nbsp;**Portfolio turnover rate** | &nbsp;&nbsp;&nbsp;&nbsp;13% |

---

#### Graphical Representation of Holdings
The table below shows the investment makeup of the fund, representing a percentage of the total net assets of the fund.

**Asset Allocation**

---

| | |
|:---|:---|
| **Affiliated investment companies** | **90.3%** |
| **Equity** | **20.6%** |
| International equity | 6.9% |
| U.S. large cap | 6.6% |
| Large blend | 3.5% |
| U.S. mid cap | 2.2% |
| U.S. small cap | 0.9% |
| Emerging-market equity | 0.5% |
| **Fixed income** | **67.7%** |
| Intermediate bond | 33.2% |
| Multi-sector bond | 8.6% |
| Short-term bond | 8.3% |
| Emerging-market debt | 6.5% |
| Bank loan | 6.0% |
| High yield bond | 5.1% |
| **Alternative and specialty** | **2.0%** |
| Multi-asset income | 2.0% |
| **U.S. Government** | **9.7%** |

---

Holdings may not have been held by the fund for the entire period and are subject to change without notice. Portfolio composition is subject to review in accordance with the fund's investment strategy and may vary in the future. Current and future portfolio holdings are subject to risk and may change at any time.

*The fund is subject to various risks as described in the fund's prospectus . For more information, please refer to the "Principal risks" section of the prospectus .* 

Availability of Additional Information

![TSR QR Code](images_5144.jpg)

At jhinvestments.com/documents, you can find additional information about the fund, including the fund's:

* Prospectus

* Financial information

* Fund holdings

* Proxy voting information

You can also request this information by contacting us at 800-225-5291.

**This report is for the information of the shareholders in this fund. It is not authorized for distribution to prospective investors unless preceded or accompanied by the fund's prospectus.**

![Manulife JH front rebranded logo-TSR and FS](images_5123.jpg)

John Hancock Investment Management Distributors LLC, Member FINRA, SIPC, 200 Berkeley Street, Boston, MA 02116, 800-225-5291, jhinvestments.com

Manulife, Manulife Investments, Stylized M Design, and Manulife Investments & Stylized M Design are trademarks of The Manufacturers Life Insurance Company and John Hancock and the Stylized John Hancock Design are trademarks of John Hancock Life Insurance Company (U.S.A.). Each are used by it and by its affiliates under license.

NOT FDIC INSURED. MAY LOSE VALUE. NO BANK GUARANTEE. NOT INSURED BY ANY GOVERNMENT AGENCY.

MF4618629

98SA-R2

6/25

8/25

John Hancock Multimanager Lifestyle Conservative Portfolio

![Manulife JH front rebranded logo-TSR and FS](images_5123.jpg)

## John Hancock Multimanager Lifestyle Conservative Portfolio
Class R4/JSLCX

#### Semiannual SHAREHOLDER REPORT \| June 30, 2025
This semiannual shareholder report contains important information about the John Hancock Multimanager Lifestyle Conservative Portfolio (the fund) for the period of January 1, 2025 to June 30, 2025. You can find additional information about the fund at jhinvestments.com/documents. You can also request this information by contacting us at 800-225-5291.

#### What were the fund costs during the last six months ?

#### (Based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| **Fund (Class)** | **Costs of a $10,000 investment** | **Costs paid as a percentage<br>of a $10,000 investment** |
| Multimanager Lifestyle Conservative Portfolio<br>(Class R4/JSLCX) | $23 | 0.46% |

---

Fund Statistics

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;**Fund net assets** | &nbsp;&nbsp;&nbsp;&nbsp;$1594750974 |
| &nbsp;&nbsp;&nbsp;&nbsp;**Total number of portfolio holdings** | &nbsp;&nbsp;&nbsp;&nbsp;26 |
| &nbsp;&nbsp;&nbsp;&nbsp;**Portfolio turnover rate** | &nbsp;&nbsp;&nbsp;&nbsp;13% |

---

#### Graphical Representation of Holdings
The table below shows the investment makeup of the fund, representing a percentage of the total net assets of the fund.

**Asset Allocation**

---

| | |
|:---|:---|
| **Affiliated investment companies** | **90.3%** |
| **Equity** | **20.6%** |
| International equity | 6.9% |
| U.S. large cap | 6.6% |
| Large blend | 3.5% |
| U.S. mid cap | 2.2% |
| U.S. small cap | 0.9% |
| Emerging-market equity | 0.5% |
| **Fixed income** | **67.7%** |
| Intermediate bond | 33.2% |
| Multi-sector bond | 8.6% |
| Short-term bond | 8.3% |
| Emerging-market debt | 6.5% |
| Bank loan | 6.0% |
| High yield bond | 5.1% |
| **Alternative and specialty** | **2.0%** |
| Multi-asset income | 2.0% |
| **U.S. Government** | **9.7%** |

---

Holdings may not have been held by the fund for the entire period and are subject to change without notice. Portfolio composition is subject to review in accordance with the fund's investment strategy and may vary in the future. Current and future portfolio holdings are subject to risk and may change at any time.

*The fund is subject to various risks as described in the fund's prospectus . For more information, please refer to the "Principal risks" section of the prospectus .* 

Availability of Additional Information

![TSR QR Code](images_5144.jpg)

At jhinvestments.com/documents, you can find additional information about the fund, including the fund's:

* Prospectus

* Financial information

* Fund holdings

* Proxy voting information

You can also request this information by contacting us at 800-225-5291.

**This report is for the information of the shareholders in this fund. It is not authorized for distribution to prospective investors unless preceded or accompanied by the fund's prospectus.**

![Manulife JH front rebranded logo-TSR and FS](images_5123.jpg)

John Hancock Investment Management Distributors LLC, Member FINRA, SIPC, 200 Berkeley Street, Boston, MA 02116, 800-225-5291, jhinvestments.com

Manulife, Manulife Investments, Stylized M Design, and Manulife Investments & Stylized M Design are trademarks of The Manufacturers Life Insurance Company and John Hancock and the Stylized John Hancock Design are trademarks of John Hancock Life Insurance Company (U.S.A.). Each are used by it and by its affiliates under license.

NOT FDIC INSURED. MAY LOSE VALUE. NO BANK GUARANTEE. NOT INSURED BY ANY GOVERNMENT AGENCY.

MF4618629

98SA-R4

6/25

8/25

John Hancock Multimanager Lifestyle Conservative Portfolio

![Manulife JH front rebranded logo-TSR and FS](images_5123.jpg)

## John Hancock Multimanager Lifestyle Conservative Portfolio
Class R5/JTLRX

#### Semiannual SHAREHOLDER REPORT \| June 30, 2025
This semiannual shareholder report contains important information about the John Hancock Multimanager Lifestyle Conservative Portfolio (the fund) for the period of January 1, 2025 to June 30, 2025. You can find additional information about the fund at jhinvestments.com/documents. You can also request this information by contacting us at 800-225-5291.

#### What were the fund costs during the last six months ?

#### (Based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| **Fund (Class)** | **Costs of a $10,000 investment** | **Costs paid as a percentage<br>of a $10,000 investment** |
| Multimanager Lifestyle Conservative Portfolio<br>(Class R5/JTLRX) | $13 | 0.25% |

---

Fund Statistics

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;**Fund net assets** | &nbsp;&nbsp;&nbsp;&nbsp;$1594750974 |
| &nbsp;&nbsp;&nbsp;&nbsp;**Total number of portfolio holdings** | &nbsp;&nbsp;&nbsp;&nbsp;26 |
| &nbsp;&nbsp;&nbsp;&nbsp;**Portfolio turnover rate** | &nbsp;&nbsp;&nbsp;&nbsp;13% |

---

#### Graphical Representation of Holdings
The table below shows the investment makeup of the fund, representing a percentage of the total net assets of the fund.

**Asset Allocation**

---

| | |
|:---|:---|
| **Affiliated investment companies** | **90.3%** |
| **Equity** | **20.6%** |
| International equity | 6.9% |
| U.S. large cap | 6.6% |
| Large blend | 3.5% |
| U.S. mid cap | 2.2% |
| U.S. small cap | 0.9% |
| Emerging-market equity | 0.5% |
| **Fixed income** | **67.7%** |
| Intermediate bond | 33.2% |
| Multi-sector bond | 8.6% |
| Short-term bond | 8.3% |
| Emerging-market debt | 6.5% |
| Bank loan | 6.0% |
| High yield bond | 5.1% |
| **Alternative and specialty** | **2.0%** |
| Multi-asset income | 2.0% |
| **U.S. Government** | **9.7%** |

---

Holdings may not have been held by the fund for the entire period and are subject to change without notice. Portfolio composition is subject to review in accordance with the fund's investment strategy and may vary in the future. Current and future portfolio holdings are subject to risk and may change at any time.

*The fund is subject to various risks as described in the fund's prospectus . For more information, please refer to the "Principal risks" section of the prospectus .* 

Availability of Additional Information

![TSR QR Code](images_5144.jpg)

At jhinvestments.com/documents, you can find additional information about the fund, including the fund's:

* Prospectus

* Financial information

* Fund holdings

* Proxy voting information

You can also request this information by contacting us at 800-225-5291.

**This report is for the information of the shareholders in this fund. It is not authorized for distribution to prospective investors unless preceded or accompanied by the fund's prospectus.**

![Manulife JH front rebranded logo-TSR and FS](images_5123.jpg)

John Hancock Investment Management Distributors LLC, Member FINRA, SIPC, 200 Berkeley Street, Boston, MA 02116, 800-225-5291, jhinvestments.com

Manulife, Manulife Investments, Stylized M Design, and Manulife Investments & Stylized M Design are trademarks of The Manufacturers Life Insurance Company and John Hancock and the Stylized John Hancock Design are trademarks of John Hancock Life Insurance Company (U.S.A.). Each are used by it and by its affiliates under license.

NOT FDIC INSURED. MAY LOSE VALUE. NO BANK GUARANTEE. NOT INSURED BY ANY GOVERNMENT AGENCY.

MF4618629

98SA-R5

6/25

8/25

John Hancock Multimanager Lifestyle Conservative Portfolio

![Manulife JH front rebranded logo-TSR and FS](images_5123.jpg)

## John Hancock Multimanager Lifestyle Conservative Portfolio
Class R6/JULCX

#### Semiannual SHAREHOLDER REPORT \| June 30, 2025
This semiannual shareholder report contains important information about the John Hancock Multimanager Lifestyle Conservative Portfolio (the fund) for the period of January 1, 2025 to June 30, 2025. You can find additional information about the fund at jhinvestments.com/documents. You can also request this information by contacting us at 800-225-5291.

#### What were the fund costs during the last six months ?

#### (Based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| **Fund (Class)** | **Costs of a $10,000 investment** | **Costs paid as a percentage<br>of a $10,000 investment** |
| Multimanager Lifestyle Conservative Portfolio<br>(Class R6/JULCX) | $11 | 0.21% |

---

Fund Statistics

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;**Fund net assets** | &nbsp;&nbsp;&nbsp;&nbsp;$1594750974 |
| &nbsp;&nbsp;&nbsp;&nbsp;**Total number of portfolio holdings** | &nbsp;&nbsp;&nbsp;&nbsp;26 |
| &nbsp;&nbsp;&nbsp;&nbsp;**Portfolio turnover rate** | &nbsp;&nbsp;&nbsp;&nbsp;13% |

---

#### Graphical Representation of Holdings
The table below shows the investment makeup of the fund, representing a percentage of the total net assets of the fund.

**Asset Allocation**

---

| | |
|:---|:---|
| **Affiliated investment companies** | **90.3%** |
| **Equity** | **20.6%** |
| International equity | 6.9% |
| U.S. large cap | 6.6% |
| Large blend | 3.5% |
| U.S. mid cap | 2.2% |
| U.S. small cap | 0.9% |
| Emerging-market equity | 0.5% |
| **Fixed income** | **67.7%** |
| Intermediate bond | 33.2% |
| Multi-sector bond | 8.6% |
| Short-term bond | 8.3% |
| Emerging-market debt | 6.5% |
| Bank loan | 6.0% |
| High yield bond | 5.1% |
| **Alternative and specialty** | **2.0%** |
| Multi-asset income | 2.0% |
| **U.S. Government** | **9.7%** |

---

Holdings may not have been held by the fund for the entire period and are subject to change without notice. Portfolio composition is subject to review in accordance with the fund's investment strategy and may vary in the future. Current and future portfolio holdings are subject to risk and may change at any time.

*The fund is subject to various risks as described in the fund's prospectus . For more information, please refer to the "Principal risks" section of the prospectus .* 

Availability of Additional Information

![TSR QR Code](images_5144.jpg)

At jhinvestments.com/documents, you can find additional information about the fund, including the fund's:

* Prospectus

* Financial information

* Fund holdings

* Proxy voting information

You can also request this information by contacting us at 800-225-5291.

**This report is for the information of the shareholders in this fund. It is not authorized for distribution to prospective investors unless preceded or accompanied by the fund's prospectus.**

![Manulife JH front rebranded logo-TSR and FS](images_5123.jpg)

John Hancock Investment Management Distributors LLC, Member FINRA, SIPC, 200 Berkeley Street, Boston, MA 02116, 800-225-5291, jhinvestments.com

Manulife, Manulife Investments, Stylized M Design, and Manulife Investments & Stylized M Design are trademarks of The Manufacturers Life Insurance Company and John Hancock and the Stylized John Hancock Design are trademarks of John Hancock Life Insurance Company (U.S.A.). Each are used by it and by its affiliates under license.

NOT FDIC INSURED. MAY LOSE VALUE. NO BANK GUARANTEE. NOT INSURED BY ANY GOVERNMENT AGENCY.

MF4618629

98SA-R6

6/25

8/25

John Hancock Multimanager Lifestyle Conservative Portfolio

------

ITEM 2. CODE OF ETHICS.

Item is not applicable at this time.

------

ITEM 3. AUDIT COMMITTEE FINANCIAL EXPERT.

Item is not applicable at this time.

------

ITEM 4. PRINCIPAL ACCOUNTANT FEES AND SERVICES.

Item is not applicable at this time.

------

ITEM 5. AUDIT COMMITTEE OF LISTED REGISTRANTS.

Item is not applicable at this time.

------

ITEM 6. SCHEDULE OF INVESTMENTS.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) Refer to information included in Item 7.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) Not applicable.

------

ITEM 7. FINANCIAL STATEMENTS AND FINANCIAL HIGHLIGHTS FOR OPEN-END MANAGEMENT INVESTMENT COMPANIES.

The Registrant prepared financial statements and financial highlights for the six months ended June 30, 2025 for the following funds:

John Hancock Mulitmanager Lifestyle Portfolios:

* John Hancock Multimanager Lifestyle Aggressive Portfolio

* John Hancock Multimanager Lifestyle Growth Portfolio

* John Hancock Multimanager Lifestyle Balanced Portfolio

* John Hancock Multimanager Lifestyle Moderate Portfolio

* John Hancock Multimanager Lifestyle Conservative Portfolio

------

![](imgf87807a31.gif)

![](imgf57cec8e2.gif)

Semiannual Financial Statements & Other N-CSR Items

## John Hancock

## Multimanager Lifestyle Portfolios

## Asset allocation
June 30, 2025

------

## John Hancock

## Multimanager Lifestyle Portfolios
Table of contents

---

| | |
|:---|:---|
| **2** | &nbsp;&nbsp;&nbsp;[Portfolios' investments](#xx_ebcf1604-9e0d-436f-8cbe-cda352ed6220_1) |
| **7** | &nbsp;&nbsp;&nbsp;[Financial statements](#xx_c4ab9107-9081-4abc-801c-514357364ea2_1) |
| **12** | &nbsp;&nbsp;&nbsp;[Financial highlights](#xx_210df946-0ac9-4362-b42d-696d15b6db6a_1) |
| **22** | &nbsp;&nbsp;&nbsp;[Notes to financial statements](#xx_ff84b5b8-ca57-4659-aef4-34651e8ab645_1) |
| **44** | &nbsp;&nbsp;&nbsp;[Evaluation of advisory and subadvisory agreements by the Board of Trustees](#xx_4a6e219c-43a0-408a-84b2-ec075490c439_1) |

---

1 JOHN HANCOCK MULTIMANAGER LIFESTYLE PORTFOLIOS \|

------

[**Table of Contents**](#JOB_JHF_I_be009a45-7972-4dc8-84b4-5fe415748d09_TofC)

Portfolios' investments

---

| | |
|:---|:---|
| **Subadvisors of Affiliated Underlying Funds** | **Subadvisors of Affiliated Underlying Funds** |
| Allspring Global Investments, LLC | &nbsp;&nbsp;(Allspring Investments) |
| Axiom International Investors LLC | &nbsp;&nbsp;(Axiom) |
| BCSF Advisors, LP (Bain Capital Credit) | &nbsp;&nbsp;(Bain Capital) |
| Boston Partners Global Investors, Inc. | &nbsp;&nbsp;(Boston Partners) |
| Dimensional Fund Advisors LP | &nbsp;&nbsp;(DFA) |
| Graham Capital Management, L.P. | &nbsp;&nbsp;(Graham) |
| Manulife Investment Management (US) LLC | &nbsp;&nbsp;(MIM US) |
| T. Rowe Price Associates, Inc. | &nbsp;&nbsp;(T. Rowe Price) |
| Wellington Management Company LLP | &nbsp;&nbsp;(Wellington) |

---

#### MULTIMANAGER LIFESTYLE AGGRESSIVE PORTFOLIO

------

As of 6-30-25 (unaudited)

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **AFFILIATED INVESTMENT COMPANIES (A) - 99.3%** | **AFFILIATED INVESTMENT COMPANIES (A) - 99.3%** |  |
| **Equity - 91.6%** |  |  |
| Blue Chip Growth, Class NAV, JHF II (T. Rowe Price) | 5868911 | &nbsp;&nbsp;&nbsp;&nbsp;$385000548 |
| Capital Appreciation Value, Class NAV, JHF II (T. Rowe Price) | 13969998 | &nbsp;&nbsp;&nbsp;&nbsp;133553179 |
| Disciplined Value, Class NAV, JHF III (Boston Partners) | 17102830 | &nbsp;&nbsp;&nbsp;&nbsp;410981005 |
| Disciplined Value International, Class NAV, JHIT (Boston Partners) | 17522739 | &nbsp;&nbsp;&nbsp;&nbsp;285795869 |
| Emerging Markets Equity, Class NAV, JHIT (MIM US) (B) | 13651013 | &nbsp;&nbsp;&nbsp;&nbsp;141287989 |
| Fundamental Large Cap Core, Class NAV, JHIT (MIM US) (B) | 4032667 | &nbsp;&nbsp;&nbsp;&nbsp;295231550 |
| International Dynamic Growth, Class NAV, JHIT (Axiom) | 14144185 | &nbsp;&nbsp;&nbsp;&nbsp;216123154 |
| International Small Company, Class NAV, JHF II (DFA) | 1090423 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13215923 |
| International Strategic Equity Allocation, Class NAV, JHF II (MIM US) (B) | 25741361 | &nbsp;&nbsp;&nbsp;&nbsp;294223761 |
| Mid Cap Growth, Class NAV, JHIT (Wellington) (C) | 7423143 | &nbsp;&nbsp;&nbsp;&nbsp;144454359 |
| Mid Value, Class NAV, JHF II (T. Rowe Price) | 14612702 | &nbsp;&nbsp;&nbsp;&nbsp;217729263 |
| Multifactor Emerging Markets ETF, JHETF (DFA) | 2207522 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;64437567 |
| Small Cap Core, Class NAV, JHIT (MIM US) (B) | 9281250 | &nbsp;&nbsp;&nbsp;&nbsp;149520933 |
| U.S. Sector Rotation, Class NAV, JHF II (MIM US) (B) | 15386498 | &nbsp;&nbsp;&nbsp;&nbsp;198331959 |
| **Fixed income - 2.7%** |  |  |
| Emerging Markets Debt, Class NAV, JHF II (MIM US) (B) | 1946239 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15258511 |
| High Yield, Class NAV, JHBT (MIM US) (B) | 2469599 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7556973 |
| Short Duration Bond, Class NAV, JHBT (MIM US) (B) | 6768199 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;63688755 |
| **Alternative and specialty - 5.0%** |  |  |
| Diversified Macro, Class NAV, JHIT (Graham) | 3464290 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;29550394 |
| Diversified Real Assets, Class NAV, JHIT (MIM US/Wellington) (B) | 10723745 | &nbsp;&nbsp;&nbsp;&nbsp;131687588 |
| TOTAL AFFILIATED INVESTMENT COMPANIES (Cost<br> $2,434,913,251) | TOTAL AFFILIATED INVESTMENT COMPANIES (Cost<br> $2,434,913,251) | $3197629280 |
| **COMMON STOCKS - 0.0%** | **COMMON STOCKS - 0.0%** |  |
| **Energy - 0.0%** |  |  |
| Sakari Resources, Ltd. (C)(D)(E) | 215623 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;52570 |
| TOTAL COMMON STOCKS (Cost $91,718) | TOTAL COMMON STOCKS (Cost $91,718) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$52570 |
| **U.S. GOVERNMENT AND AGENCY OBLIGATIONS - 0.7%** | **U.S. GOVERNMENT AND AGENCY OBLIGATIONS - 0.7%** |  |
| **U.S. Government - 0.7%** |  |  |
| U.S. Treasury STRIPS, PO, 4.873%, 02/15/2054 | $26371100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6620520 |
| U.S. Treasury STRIPS, PO, 4.891%, 11/15/2052 | 21235400 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5637048 |
| U.S. Treasury STRIPS, PO, 4.903%, 05/15/2050 | 4250200 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1269848 |
| U.S. Treasury STRIPS, PO, 4.939%, 08/15/2051 | 26726700 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7446950 |
| TOTAL U.S. GOVERNMENT AND AGENCY OBLIGATIONS (Cost<br> $24,144,326) | TOTAL U.S. GOVERNMENT AND AGENCY OBLIGATIONS (Cost<br> $24,144,326) | &nbsp;&nbsp;&nbsp;&nbsp;$20974366 |

---

SEE NOTES TO FINANCIAL STATEMENTS \| JOHN HANCOCK MULTIMANAGER LIFESTYLE PORTFOLIOS 2

------

[**Table of Contents**](#JOB_JHF_I_be009a45-7972-4dc8-84b4-5fe415748d09_TofC)

#### MULTIMANAGER LIFESTYLE AGGRESSIVE PORTFOLIO (continued)

------

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **WARRANTS - 0.0%** | **WARRANTS - 0.0%** |  |
| SomaLogic, Inc. (Expiration Date: 8-31-26; Strike Price: $11.50) (C) | 414 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$47 |
| TOTAL WARRANTS (Cost $33) | TOTAL WARRANTS (Cost $33) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$47 |
| **SHORT-TERM INVESTMENTS - 0.0%** | **SHORT-TERM INVESTMENTS - 0.0%** |  |
| **Short-term funds - 0.0%** |  |  |
| John Hancock Collateral Trust, 4.2596% (F)(G) | 5641 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;56419 |
| TOTAL SHORT-TERM INVESTMENTS (Cost $56,418) | TOTAL SHORT-TERM INVESTMENTS (Cost $56,418) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$56419 |
| **Total investments (Cost $2,459,205,746) - 100.0%** | **Total investments (Cost $2,459,205,746) - 100.0%** | **$3218712682** |
| **Other assets and liabilities, net - (0.0%)** | **Other assets and liabilities, net - (0.0%)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(33490)** |
| **TOTAL NET ASSETS - 100.0%** | **TOTAL NET ASSETS - 100.0%** | **$3218679192** |

---

#### MULTIMANAGER LIFESTYLE GROWTH PORTFOLIO

------

As of 6-30-25 (unaudited)

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **AFFILIATED INVESTMENT COMPANIES (A) - 97.5%** | **AFFILIATED INVESTMENT COMPANIES (A) - 97.5%** |  |
| **Equity - 78.2%** |  |  |
| Blue Chip Growth, Class NAV, JHF II (T. Rowe Price) | 13604629 | $892463646 |
| Capital Appreciation Value, Class NAV, JHF II (T. Rowe Price) | 34340392 | &nbsp;&nbsp;&nbsp;328294152 |
| Disciplined Value, Class NAV, JHF III (Boston Partners) | 38926185 | &nbsp;&nbsp;&nbsp;935396226 |
| Disciplined Value International, Class NAV, JHIT (Boston Partners) | 39969016 | &nbsp;&nbsp;&nbsp;651894652 |
| Emerging Markets Equity, Class NAV, JHIT (MIM US) (B) | 27462641 | &nbsp;&nbsp;&nbsp;284238336 |
| Fundamental Large Cap Core, Class NAV, JHIT (MIM US) (B) | 6987094 | &nbsp;&nbsp;&nbsp;511525148 |
| Global Equity, Class NAV, JHF II (MIM US) (B) | 19224717 | &nbsp;&nbsp;&nbsp;245499634 |
| International Dynamic Growth, Class NAV, JHIT (Axiom) | 28375563 | &nbsp;&nbsp;&nbsp;433578601 |
| International Small Company, Class NAV, JHF II (DFA) | 2295950 | &nbsp;&nbsp;&nbsp;&nbsp;27826908 |
| International Strategic Equity Allocation, Class NAV, JHF II (MIM US) (B) | 56332925 | &nbsp;&nbsp;&nbsp;643885332 |
| Mid Cap Growth, Class NAV, JHIT (Wellington) (C) | 16012900 | &nbsp;&nbsp;&nbsp;311611026 |
| Mid Value, Class NAV, JHF II (T. Rowe Price) | 32102543 | &nbsp;&nbsp;&nbsp;478327887 |
| Multifactor Emerging Markets ETF, JHETF (DFA) | 4446851 | &nbsp;&nbsp;&nbsp;129803581 |
| Small Cap Core, Class NAV, JHIT (MIM US) (B) | 19087205 | &nbsp;&nbsp;&nbsp;307494870 |
| U.S. Sector Rotation, Class NAV, JHF II (MIM US) (B) | 35969071 | &nbsp;&nbsp;&nbsp;463641323 |
| **Fixed income - 14.5%** |  |  |
| Bond, Class NAV, JHSB (MIM US) (B) | 39539564 | &nbsp;&nbsp;&nbsp;536947282 |
| Emerging Markets Debt, Class NAV, JHF II (MIM US) (B) | 17270174 | &nbsp;&nbsp;&nbsp;135398162 |
| Floating Rate Income, Class NAV, JHF II (Bain Capital) | 16295285 | &nbsp;&nbsp;&nbsp;123681212 |

---

#### MULTIMANAGER LIFESTYLE GROWTH PORTFOLIO (continued)

------

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **Fixed income - (continued)** |  |  |
| High Yield, Class NAV, JHBT (MIM US) (B) | 34745131 | &nbsp;&nbsp;&nbsp;&nbsp;$106320102 |
| Short Duration Bond, Class NAV, JHBT (MIM US) (B) | 13372130 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;125831748 |
| Strategic Income Opportunities, Class NAV, JHF II (MIM US) (B) | 20339894 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;207263522 |
| **Alternative and specialty - 4.8%** |  |  |
| Diversified Macro, Class NAV, JHIT (Graham) | 13749428 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;117282623 |
| Diversified Real Assets, Class NAV, JHIT (MIM US/Wellington) (B) | 23255509 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;285577655 |
| TOTAL AFFILIATED INVESTMENT COMPANIES (Cost<br> $6,626,528,742) | TOTAL AFFILIATED INVESTMENT COMPANIES (Cost<br> $6,626,528,742) | &nbsp;&nbsp;&nbsp;$8283783628 |
| **COMMON STOCKS - 0.0%** | **COMMON STOCKS - 0.0%** |  |
| **Energy - 0.0%** |  |  |
| Sakari Resources, Ltd. (C)(D)(E) | 489868 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;119433 |
| TOTAL COMMON STOCKS (Cost $208,371) | TOTAL COMMON STOCKS (Cost $208,371) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$119433 |
| **U.S. GOVERNMENT AND AGENCY OBLIGATIONS - 2.5%** | **U.S. GOVERNMENT AND AGENCY OBLIGATIONS - 2.5%** |  |
| **U.S. Government - 2.5%** |  |  |
| U.S. Treasury Inflation Protected Security, 0.125%, 04/15/2027 | $52020415 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;50931123 |
| U.S. Treasury Inflation Protected Security, 1.250%, 04/15/2028 | 51126146 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;51029939 |
| U.S. Treasury Inflation Protected Security, 1.625%, 04/15/2030 | 7140842 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7192145 |
| U.S. Treasury Inflation Protected Security, 2.125%, 04/15/2029 | 48255184 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;49552323 |
| U.S. Treasury STRIPS, PO, 4.873%, 02/15/2054 | 70713900 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17752872 |
| U.S. Treasury STRIPS, PO, 4.891%, 11/15/2052 | 57523200 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15269835 |
| U.S. Treasury STRIPS, PO, 4.903%, 05/15/2050 | 11396200 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3404885 |
| U.S. Treasury STRIPS, PO, 4.939%, 08/15/2051 | 71876000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20027052 |
| TOTAL U.S. GOVERNMENT AND AGENCY OBLIGATIONS (Cost<br> $222,130,245) | TOTAL U.S. GOVERNMENT AND AGENCY OBLIGATIONS (Cost<br> $222,130,245) | &nbsp;&nbsp;&nbsp;&nbsp;$215160174 |
| **WARRANTS - 0.0%** | **WARRANTS - 0.0%** |  |
| SomaLogic, Inc. (Expiration Date: 8-31-26; Strike Price: $11.50) (C) | 993 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;112 |
| TOTAL WARRANTS (Cost $79) | TOTAL WARRANTS (Cost $79) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$112 |
| **SHORT-TERM INVESTMENTS - 0.0%** | **SHORT-TERM INVESTMENTS - 0.0%** |  |
| **Short-term funds - 0.0%** |  |  |
| John Hancock Collateral Trust, 4.2596% (F)(G) | 16065 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;160691 |
| TOTAL SHORT-TERM INVESTMENTS (Cost $160,690) | TOTAL SHORT-TERM INVESTMENTS (Cost $160,690) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$160691 |
| **Total investments (Cost $6,849,028,127) - 100.0%** | **Total investments (Cost $6,849,028,127) - 100.0%** | **$8499224038** |
| **Other assets and liabilities, net - 0.0%** | **Other assets and liabilities, net - 0.0%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**602243** |
| **TOTAL NET ASSETS - 100.0%** | **TOTAL NET ASSETS - 100.0%** | **$8499826281** |

---

3 JOHN HANCOCK MULTIMANAGER LIFESTYLE PORTFOLIOS \| SEE NOTES TO FINANCIAL STATEMENTS

------

[**Table of Contents**](#JOB_JHF_I_be009a45-7972-4dc8-84b4-5fe415748d09_TofC)

#### MULTIMANAGER LIFESTYLE BALANCED PORTFOLIO

------

As of 6-30-25 (unaudited)

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **AFFILIATED INVESTMENT COMPANIES (A) - 95.2%** | **AFFILIATED INVESTMENT COMPANIES (A) - 95.2%** |  |
| **Equity - 59.4%** |  |  |
| Blue Chip Growth, Class NAV, JHF II (T. Rowe Price) | 7646328 | &nbsp;&nbsp;&nbsp;&nbsp;$501599117 |
| Capital Appreciation Value, Class NAV, JHF II (T. Rowe Price) | 37459548 | &nbsp;&nbsp;&nbsp;&nbsp;358113279 |
| Disciplined Value, Class NAV, JHF III (Boston Partners) | 23092620 | &nbsp;&nbsp;&nbsp;&nbsp;554915661 |
| Disciplined Value International, Class NAV, JHIT (Boston Partners) | 25733007 | &nbsp;&nbsp;&nbsp;&nbsp;419705336 |
| Emerging Markets Equity, Class NAV, JHIT (MIM US) (B) | 16370627 | &nbsp;&nbsp;&nbsp;&nbsp;169435987 |
| Fundamental Large Cap Core, Class NAV, JHIT (MIM US) (B) | 3699367 | &nbsp;&nbsp;&nbsp;&nbsp;270830692 |
| Global Equity, Class NAV, JHF II (MIM US) (B) | 16334234 | &nbsp;&nbsp;&nbsp;&nbsp;208588169 |
| International Dynamic Growth, Class NAV, JHIT (Axiom) | 18515326 | &nbsp;&nbsp;&nbsp;&nbsp;282914185 |
| International Small Company, Class NAV, JHF II (DFA) | 1094027 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13259605 |
| International Strategic Equity Allocation, Class NAV, JHF II (MIM US) (B) | 31842723 | &nbsp;&nbsp;&nbsp;&nbsp;363962329 |
| Mid Cap Growth, Class NAV, JHIT (Wellington) (C) | 10261439 | &nbsp;&nbsp;&nbsp;&nbsp;199687602 |
| Mid Value, Class NAV, JHF II (T. Rowe Price) | 21116029 | &nbsp;&nbsp;&nbsp;&nbsp;314628830 |
| Multifactor Emerging Markets ETF, JHETF (DFA) | 2644895 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;77204485 |
| Small Cap Core, Class NAV, JHIT (MIM US) (B) | 11186553 | &nbsp;&nbsp;&nbsp;&nbsp;180215367 |
| U.S. Sector Rotation, Class NAV, JHF II (MIM US) (B) | 37299909 | &nbsp;&nbsp;&nbsp;&nbsp;480795833 |
| **Fixed income - 31.2%** |  |  |
| Bond, Class NAV, JHSB (MIM US) (B) | 51518067 | &nbsp;&nbsp;&nbsp;&nbsp;699615352 |
| Core Bond, Class NAV, JHF II (Allspring Investments) | 24706476 | &nbsp;&nbsp;&nbsp;&nbsp;270782977 |
| Emerging Markets Debt, Class NAV, JHF II (MIM US) (B) | 30390144 | &nbsp;&nbsp;&nbsp;&nbsp;238258725 |
| Floating Rate Income, Class NAV, JHF II (Bain Capital) | 28845179 | &nbsp;&nbsp;&nbsp;&nbsp;218934911 |
| High Yield, Class NAV, JHBT (MIM US) (B) | 61094938 | &nbsp;&nbsp;&nbsp;&nbsp;186950510 |
| Short Duration Bond, Class NAV, JHBT (MIM US) (B) | 26740605 | &nbsp;&nbsp;&nbsp;&nbsp;251629095 |
| Strategic Income Opportunities, Class NAV, JHF II (MIM US) (B) | 43470612 | &nbsp;&nbsp;&nbsp;&nbsp;442965531 |
| **Alternative and specialty - 4.6%** |  |  |
| Diversified Macro, Class NAV, JHIT (Graham) | 14383649 | &nbsp;&nbsp;&nbsp;&nbsp;122692528 |
| Diversified Real Assets, Class NAV, JHIT (MIM US/Wellington) (B) | 14902582 | &nbsp;&nbsp;&nbsp;&nbsp;183003708 |
| Multi-Asset High Income, Class NAV, JHF II (MIM US) (B) | 3748992 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;37377454 |
| TOTAL AFFILIATED INVESTMENT COMPANIES (Cost<br> $6,021,409,869) | TOTAL AFFILIATED INVESTMENT COMPANIES (Cost<br> $6,021,409,869) | $7048067268 |
| **COMMON STOCKS - 0.0%** | **COMMON STOCKS - 0.0%** |  |
| **Energy - 0.0%** |  |  |
| Sakari Resources, Ltd. (C)(D)(E) | 303543 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;74006 |
| TOTAL COMMON STOCKS (Cost $136,612) | TOTAL COMMON STOCKS (Cost $136,612) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$74006 |

---

#### MULTIMANAGER LIFESTYLE BALANCED PORTFOLIO (continued)

------

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **U.S. GOVERNMENT AND AGENCY OBLIGATIONS - 4.8%** | **U.S. GOVERNMENT AND AGENCY OBLIGATIONS - 4.8%** |  |
| **U.S. Government - 4.8%** |  |  |
| U.S. Treasury Inflation Protected Security, 0.125%, 04/15/2027 | $91733550 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$89812674 |
| U.S. Treasury Inflation Protected Security, 1.250%, 04/15/2028 | 90156635 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;89986983 |
| U.S. Treasury Inflation Protected Security, 1.625%, 04/15/2030 | 13308002 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13403613 |
| U.S. Treasury Inflation Protected Security, 2.125%, 04/15/2029 | 85093808 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;87381199 |
| U.S. Treasury STRIPS, PO, 4.873%, 02/15/2054 | 94165900 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23640546 |
| U.S. Treasury STRIPS, PO, 4.891%, 11/15/2052 | 76388500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20277728 |
| U.S. Treasury STRIPS, PO, 4.903%, 05/15/2050 | 15175800 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4534130 |
| U.S. Treasury STRIPS, PO, 4.939%, 08/15/2051 | 95445500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;26594301 |
| TOTAL U.S. GOVERNMENT AND AGENCY OBLIGATIONS (Cost<br> $365,560,683) | TOTAL U.S. GOVERNMENT AND AGENCY OBLIGATIONS (Cost<br> $365,560,683) | &nbsp;&nbsp;&nbsp;&nbsp;$355631174 |
| **WARRANTS - 0.0%** | **WARRANTS - 0.0%** |  |
| SomaLogic, Inc. (Expiration Date: 8-31-26; Strike Price: $11.50) (C) | 786 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;89 |
| TOTAL WARRANTS (Cost $63) | TOTAL WARRANTS (Cost $63) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$89 |
| **SHORT-TERM INVESTMENTS - 0.0%** | **SHORT-TERM INVESTMENTS - 0.0%** |  |
| **Short-term funds - 0.0%** |  |  |
| John Hancock Collateral Trust, 4.2596% (F)(G) | 14960 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;149633 |
| TOTAL SHORT-TERM INVESTMENTS (Cost $149,632) | TOTAL SHORT-TERM INVESTMENTS (Cost $149,632) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$149633 |
| **Total investments (Cost $6,387,256,859) - 100.0%** | **Total investments (Cost $6,387,256,859) - 100.0%** | **$7403922170** |
| **Other assets and liabilities, net - 0.0%** | **Other assets and liabilities, net - 0.0%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**598336** |
| **TOTAL NET ASSETS - 100.0%** | **TOTAL NET ASSETS - 100.0%** | **$7404520506** |

---

#### MULTIMANAGER LIFESTYLE MODERATE PORTFOLIO

------

As of 6-30-25 (unaudited)

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **AFFILIATED INVESTMENT COMPANIES (A) - 93.6%** | **AFFILIATED INVESTMENT COMPANIES (A) - 93.6%** |  |
| **Equity - 39.6%** |  |  |
| Blue Chip Growth, Class NAV, JHF II (T. Rowe Price) | 1106991 | $72618589 |
| Capital Appreciation Value, Class NAV, JHF II (T. Rowe Price) | 10697124 | 102264508 |
| Disciplined Value, Class NAV, JHF III (Boston Partners) | 4136112 | &nbsp;&nbsp;&nbsp;99390769 |
| Disciplined Value International, Class NAV, JHIT (Boston Partners) | 4462525 | &nbsp;&nbsp;&nbsp;72783775 |
| Emerging Markets Equity, Class NAV, JHIT (MIM US) (B) | 2505192 | &nbsp;&nbsp;&nbsp;25928739 |
| Fundamental Large Cap Core, Class NAV, JHIT (MIM US) (B) | 661222 | &nbsp;&nbsp;&nbsp;48408088 |
| Global Equity, Class NAV, JHF II (MIM US) (B) | 4240863 | &nbsp;&nbsp;&nbsp;54155822 |
| International Dynamic Growth, Class NAV, JHIT (Axiom) | 3666928 | &nbsp;&nbsp;&nbsp;56030661 |
| International Small Company, Class NAV, JHF II (DFA) | 236125 | &nbsp;&nbsp;&nbsp;&nbsp;2861835 |

---

SEE NOTES TO FINANCIAL STATEMENTS \| JOHN HANCOCK MULTIMANAGER LIFESTYLE PORTFOLIOS 4

------

[**Table of Contents**](#JOB_JHF_I_be009a45-7972-4dc8-84b4-5fe415748d09_TofC)

#### MULTIMANAGER LIFESTYLE MODERATE PORTFOLIO (continued)

------

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **Equity - (continued)** |  |  |
| International Strategic Equity Allocation, Class NAV, JHF II (MIM US) (B) | 6323499 | &nbsp;&nbsp;&nbsp;&nbsp;$72277590 |
| Mid Cap Growth, Class NAV, JHIT (Wellington) (C) | 2288437 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;44532983 |
| Mid Value, Class NAV, JHF II (T. Rowe Price) | 3638007 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;54206306 |
| Multifactor Emerging Markets ETF, JHETF (DFA) | 406195 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11856832 |
| Small Cap Core, Class NAV, JHIT (MIM US) (B) | 1623533 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;26155121 |
| U.S. Sector Rotation, Class NAV, JHF II (MIM US) (B) | 7238708 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;93306947 |
| **Fixed income - 49.0%** |  |  |
| Bond, Class NAV, JHSB (MIM US) (B) | 19724263 | &nbsp;&nbsp;&nbsp;&nbsp;267855486 |
| Core Bond, Class NAV, JHF II (Allspring Investments) | 19989186 | &nbsp;&nbsp;&nbsp;&nbsp;219081473 |
| Emerging Markets Debt, Class NAV, JHF II (MIM US) (B) | 13123700 | &nbsp;&nbsp;&nbsp;&nbsp;102889806 |
| Floating Rate Income, Class NAV, JHF II (Bain Capital) | 12465186 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;94610765 |
| High Yield, Class NAV, JHBT (MIM US) (B) | 26376653 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;80712558 |
| Short Duration Bond, Class NAV, JHBT (MIM US) (B) | 12893450 | &nbsp;&nbsp;&nbsp;&nbsp;121327368 |
| Strategic Income Opportunities, Class NAV, JHF II (MIM US) (B) | 14825389 | &nbsp;&nbsp;&nbsp;&nbsp;151070719 |
| **Alternative and specialty - 5.0%** |  |  |
| Diversified Macro, Class NAV, JHIT (Graham) | 4250844 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;36259700 |
| Diversified Real Assets, Class NAV, JHIT (MIM US/Wellington) (B) | 3056623 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;37535329 |
| Multi-Asset High Income, Class NAV, JHF II (MIM US) (B) | 3237122 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;32274103 |
| TOTAL AFFILIATED INVESTMENT COMPANIES (Cost<br> $1,836,383,421) | TOTAL AFFILIATED INVESTMENT COMPANIES (Cost<br> $1,836,383,421) | $1980395872 |
| **COMMON STOCKS - 0.0%** | **COMMON STOCKS - 0.0%** |  |
| **Energy - 0.0%** |  |  |
| Sakari Resources, Ltd. (C)(D)(E) | 50910 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12412 |
| TOTAL COMMON STOCKS (Cost $21,655) | TOTAL COMMON STOCKS (Cost $21,655) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$12412 |
| **U.S. GOVERNMENT AND AGENCY OBLIGATIONS - 6.4%** | **U.S. GOVERNMENT AND AGENCY OBLIGATIONS - 6.4%** |  |
| **U.S. Government - 6.4%** |  |  |
| U.S. Treasury Inflation Protected Security, 0.125%, 04/15/2027 | $39725973 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;38894122 |
| U.S. Treasury Inflation Protected Security, 1.250%, 04/15/2028 | 39043215 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;38969744 |
| U.S. Treasury Inflation Protected Security, 1.625%, 04/15/2030 | 5866279 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5908424 |
| U.S. Treasury Inflation Protected Security, 2.125%, 04/15/2029 | 36850654 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;37841229 |
| U.S. Treasury STRIPS, PO, 4.873%, 02/15/2054 | 18246700 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4580872 |
| U.S. Treasury STRIPS, PO, 4.891%, 11/15/2052 | 14768300 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3920323 |
| U.S. Treasury STRIPS, PO, 4.903%, 05/15/2050 | 2937600 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;877678 |
| U.S. Treasury STRIPS, PO, 4.939%, 08/15/2051 | 18452400 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5141454 |
| TOTAL U.S. GOVERNMENT AND AGENCY OBLIGATIONS (Cost<br> $137,216,160) | TOTAL U.S. GOVERNMENT AND AGENCY OBLIGATIONS (Cost<br> $137,216,160) | &nbsp;&nbsp;&nbsp;&nbsp;$136133846 |

---

------

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **SHORT-TERM INVESTMENTS - 0.0%** | **SHORT-TERM INVESTMENTS - 0.0%** |  |
| **Short-term funds - 0.0%** |  |  |
| John Hancock Collateral Trust, 4.2596% (F)(G) | 4823 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$48237 |
| TOTAL SHORT-TERM INVESTMENTS (Cost $48,236) | TOTAL SHORT-TERM INVESTMENTS (Cost $48,236) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$48237 |
| **Total investments (Cost $1,973,669,472) - 100.0%** | **Total investments (Cost $1,973,669,472) - 100.0%** | **$2116590367** |
| **Other assets and liabilities, net - 0.0%** | **Other assets and liabilities, net - 0.0%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**208120** |
| **TOTAL NET ASSETS - 100.0%** | **TOTAL NET ASSETS - 100.0%** | **$2116798487** |

---

#### MULTIMANAGER LIFESTYLE CONSERVATIVE PORTFOLIO

------

As of 6-30-25 (unaudited)

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **AFFILIATED INVESTMENT COMPANIES (A) - 90.3%** | **AFFILIATED INVESTMENT COMPANIES (A) - 90.3%** |  |
| **Equity - 20.6%** |  |  |
| Blue Chip Growth, Class NAV, JHF II (T. Rowe Price) | 267372 | $17539570 |
| Capital Appreciation Value, Class NAV, JHF II (T. Rowe Price) | 4563684 | &nbsp;&nbsp;&nbsp;43628819 |
| Disciplined Value, Class NAV, JHF III (Boston Partners) | 953975 | &nbsp;&nbsp;&nbsp;22924030 |
| Disciplined Value International, Class NAV, JHIT (Boston Partners) | 1512094 | &nbsp;&nbsp;&nbsp;24662249 |
| Emerging Markets Equity, Class NAV, JHIT (MIM US) (B) | 773188 | &nbsp;&nbsp;&nbsp;&nbsp;8002492 |
| Fundamental Large Cap Core, Class NAV, JHIT (MIM US) (B) | 294073 | &nbsp;&nbsp;&nbsp;21529094 |
| Global Equity, Class NAV, JHF II (MIM US) (B) | 1758626 | &nbsp;&nbsp;&nbsp;22457653 |
| International Dynamic Growth, Class NAV, JHIT (Axiom) | 1193675 | &nbsp;&nbsp;&nbsp;18239354 |
| International Strategic Equity Allocation, Class NAV, JHF II (MIM US) (B) | 3742327 | &nbsp;&nbsp;&nbsp;42774796 |
| Mid Cap Growth, Class NAV, JHIT (Wellington) (C) | 847815 | &nbsp;&nbsp;&nbsp;16498479 |
| Mid Value, Class NAV, JHF II (T. Rowe Price) | 1329789 | &nbsp;&nbsp;&nbsp;19813857 |
| Small Cap Core, Class NAV, JHIT (MIM US) (B) | 878160 | &nbsp;&nbsp;&nbsp;14147153 |
| U.S. Sector Rotation, Class NAV, JHF II (MIM US) (B) | 4347467 | &nbsp;&nbsp;&nbsp;56038847 |
| **Fixed income - 67.7%** |  |  |
| Bond, Class NAV, JHSB (MIM US) (B) | 21071215 | 286147103 |
| Core Bond, Class NAV, JHF II (Allspring Investments) | 22150766 | 242772398 |
| Emerging Markets Debt, Class NAV, JHF II (MIM US) (B) | 13193937 | 103440469 |
| Floating Rate Income, Class NAV, JHF II (Bain Capital) | 12567899 | &nbsp;&nbsp;&nbsp;95390353 |
| High Yield, Class NAV, JHBT (MIM US) (B) | 26592764 | &nbsp;&nbsp;&nbsp;81373859 |
| Short Duration Bond, Class NAV, JHBT (MIM US) (B) | 14093392 | 132618817 |
| Strategic Income Opportunities, Class NAV, JHF II (MIM US) (B) | 13447665 | 137031711 |

---

5 JOHN HANCOCK MULTIMANAGER LIFESTYLE PORTFOLIOS \| SEE NOTES TO FINANCIAL STATEMENTS

------

[**Table of Contents**](#JOB_JHF_I_be009a45-7972-4dc8-84b4-5fe415748d09_TofC)

#### MULTIMANAGER LIFESTYLE CONSERVATIVE PORTFOLIO (continued)

------

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **Alternative and specialty - 2.0%** |  |  |
| Multi-Asset High Income, Class NAV, JHF II (MIM US) (B) | 3213209 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$32035698 |
| TOTAL AFFILIATED INVESTMENT COMPANIES (Cost<br> $1,430,244,405) | TOTAL AFFILIATED INVESTMENT COMPANIES (Cost<br> $1,430,244,405) | &nbsp;&nbsp;&nbsp;$1439066801 |
| **U.S. GOVERNMENT AND AGENCY OBLIGATIONS - 9.7%** | **U.S. GOVERNMENT AND AGENCY OBLIGATIONS - 9.7%** |  |
| **U.S. Government - 9.7%** |  |  |
| U.S. Treasury Inflation Protected Security, 0.125%, 04/15/2027 | $50646464 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;49585940 |
| U.S. Treasury Inflation Protected Security, 1.250%, 04/15/2028 | 49775613 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;49681948 |
| U.S. Treasury Inflation Protected Security, 1.625%, 04/15/2030 | 7584305 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7638794 |
| U.S. Treasury Inflation Protected Security, 2.125%, 04/15/2029 | 46980155 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;48243020 |
| TOTAL U.S. GOVERNMENT AND AGENCY OBLIGATIONS (Cost<br> $153,057,512) | TOTAL U.S. GOVERNMENT AND AGENCY OBLIGATIONS (Cost<br> $153,057,512) | &nbsp;&nbsp;&nbsp;&nbsp;$155149702 |
| **SHORT-TERM INVESTMENTS - 0.0%** | **SHORT-TERM INVESTMENTS - 0.0%** |  |
| **Short-term funds - 0.0%** |  |  |
| John Hancock Collateral Trust, 4.2596% (F)(G) | 4196 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;41969 |
| TOTAL SHORT-TERM INVESTMENTS (Cost $41,968) | TOTAL SHORT-TERM INVESTMENTS (Cost $41,968) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$41969 |
| **Total investments (Cost $1,583,343,885) - 100.0%** | **Total investments (Cost $1,583,343,885) - 100.0%** | **$1594258472** |
| **Other assets and liabilities, net - 0.0%** | **Other assets and liabilities, net - 0.0%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**492502** |
| **TOTAL NET ASSETS - 100.0%** | **TOTAL NET ASSETS - 100.0%** | **$1594750974** |

---

Percentages are based upon net assets.

#### Security Abbreviations and Legend

---

| | |
|:---|:---|
| JHBT | John Hancock Bond Trust |
| JHETF | John Hancock Exchange-Traded Fund Trust |
| JHF II | John Hancock Funds II |
| JHF III | John Hancock Funds III |
| JHIT | John Hancock Investment Trust |
| JHSB | John Hancock Sovereign Bond Fund |
| PO | Principal-Only Security - (Principal Tranche of Stripped Security). Rate shown is the annualized yield on date of purchase. |
| STRIPS | Separate Trading of Registered Interest and Principal Securities |
| (A) | The underlying funds' subadvisor is shown parenthetically. |
| (B) | The subadvisor is an affiliate of the advisor. |
| (C) | Non-income producing. |
| (D) | Restricted security as to resale. |
| (E) | Security is valued using significant unobservable inputs and is classified as Level 3 in the fair value hierarchy. Refer to Note 2 to the financial statements. |
| (F) | The rate shown is the annualized seven-day yield as of 6-30-25. |
| (G) | Investment is an affiliate of the fund, the advisor and/or subadvisor. |

---

SEE NOTES TO FINANCIAL STATEMENTS \| JOHN HANCOCK MULTIMANAGER LIFESTYLE PORTFOLIOS 6

------

[**Table of Contents**](#JOB_JHF_I_be009a45-7972-4dc8-84b4-5fe415748d09_TofC)

Financial statements

#### STATEMENTS OF ASSETS AND LIABILITIES 6-30-25 (unaudited)

------

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | **Multimanager Lifestyle Aggressive Portfolio** | &nbsp;&nbsp;**Multimanager Lifestyle Growth Portfolio** | &nbsp;&nbsp;**Multimanager Lifestyle Balanced Portfolio** | &nbsp;&nbsp;**Multimanager Lifestyle Moderate Portfolio** | &nbsp;&nbsp;**Multimanager Lifestyle Conservative Portfolio** |
| **Assets** |  |  |  |  |  |
| Unaffiliated investments, at value | &nbsp;&nbsp;&nbsp;&nbsp;$21026983 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$215279719 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$355705269 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$136146258 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$155149702 |
| Affiliated investments, at value | &nbsp;&nbsp;&nbsp;3197685699 | &nbsp;&nbsp;&nbsp;&nbsp;8283944319 | &nbsp;&nbsp;&nbsp;&nbsp;7048216901 | &nbsp;&nbsp;&nbsp;&nbsp;1980444109 | &nbsp;&nbsp;&nbsp;&nbsp;1439108770 |
| **Total investments, at value** | &nbsp;&nbsp;**3218712682** | &nbsp;&nbsp;&nbsp;&nbsp;**8499224038** | &nbsp;&nbsp;&nbsp;&nbsp;**7403922170** | &nbsp;&nbsp;&nbsp;&nbsp;**2116590367** | &nbsp;&nbsp;&nbsp;&nbsp;**1594258472** |
| Dividends and interest receivable | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;465167 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5802618 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9340234 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3791895 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3948023 |
| Receivable for fund shares sold | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;157788 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1005578 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1423803 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;309407 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;854909 |
| Receivable for investments sold | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5394190 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11408867 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9411846 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2148750 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1740819 |
| Other assets | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;127850 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;266086 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;255968 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;111200 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;100027 |
| **Total assets** | &nbsp;&nbsp;**3224857677** | &nbsp;&nbsp;&nbsp;&nbsp;**8517707187** | &nbsp;&nbsp;&nbsp;&nbsp;**7424354021** | &nbsp;&nbsp;&nbsp;&nbsp;**2122951619** | &nbsp;&nbsp;&nbsp;&nbsp;**1600902250** |
| **Liabilities** |  |  |  |  |  |
| Due to custodian | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;47400 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;140672 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;135102 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;45083 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;40434 |
| Distributions payable | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;158208 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;179425 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;282290 |
| Payable for investments purchased | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;381889 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5220898 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8653638 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3530040 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3621875 |
| Payable for fund shares repurchased | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5519968 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11946075 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10371759 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2204567 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2039209 |
| Payable to affiliates |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Accounting and legal services fees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;86407 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;227391 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;197307 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;56570 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;43017 |
| &nbsp;&nbsp;&nbsp;&nbsp;Transfer agent fees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;59674 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;186510 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;170214 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;63746 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;57691 |
| &nbsp;&nbsp;&nbsp;&nbsp;Distribution and service fees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2886 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5158 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3837 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1938 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1246 |
| &nbsp;&nbsp;&nbsp;&nbsp;Trustees' fees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4488 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12226 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11236 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3258 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2522 |
| Other liabilities and accrued expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;75773 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;141976 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;132214 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;68505 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;62992 |
| **Total liabilities** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**6178485** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**17880906** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**19833515** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**6153132** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**6151276** |
| **Net assets** | **$3218679192** | &nbsp;&nbsp;**$8499826281** | &nbsp;&nbsp;**$7404520506** | &nbsp;&nbsp;**$2116798487** | &nbsp;&nbsp;**$1594750974** |
| **Net assets consist of** |  |  |  |  |  |
| Paid-in capital | &nbsp;&nbsp;$2145583848 | &nbsp;&nbsp;&nbsp;&nbsp;$6206925648 | &nbsp;&nbsp;&nbsp;&nbsp;$6087735834 | &nbsp;&nbsp;&nbsp;&nbsp;$1968325235 | &nbsp;&nbsp;&nbsp;&nbsp;$1667457425 |
| Total distributable earnings (loss) | &nbsp;&nbsp;&nbsp;1073095344 | &nbsp;&nbsp;&nbsp;&nbsp;2292900633 | &nbsp;&nbsp;&nbsp;&nbsp;1316784672 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;148473252 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(72706451) |
| **Net assets** | **$3218679192** | &nbsp;&nbsp;**$8499826281** | &nbsp;&nbsp;**$7404520506** | &nbsp;&nbsp;**$2116798487** | &nbsp;&nbsp;**$1594750974** |
| Unaffiliated investments, at cost | &nbsp;&nbsp;&nbsp;&nbsp;$24236077 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$222338695 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$365697358 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$137237815 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$153057512 |
| Affiliated investments, at cost | &nbsp;&nbsp;&nbsp;2434969669 | &nbsp;&nbsp;&nbsp;&nbsp;6626689432 | &nbsp;&nbsp;&nbsp;&nbsp;6021559501 | &nbsp;&nbsp;&nbsp;&nbsp;1836431657 | &nbsp;&nbsp;&nbsp;&nbsp;1430286373 |
| Total investments, at cost | &nbsp;&nbsp;&nbsp;2459205746 | &nbsp;&nbsp;&nbsp;&nbsp;6849028127 | &nbsp;&nbsp;&nbsp;&nbsp;6387256859 | &nbsp;&nbsp;&nbsp;&nbsp;1973669472 | &nbsp;&nbsp;&nbsp;&nbsp;1583343885 |
| **Net asset value per share** |  |  |  |  |  |
| The portfolios have an unlimited number of shares authorized with no par value. Net asset value is calculated by dividing the net assets of each class of shares by the number of outstanding shares in the class. |  |  |  |  |  |
| **Class A<sup>1</sup>** |  |  |  |  |  |
| Net assets | &nbsp;&nbsp;&nbsp;&nbsp;$590934775 | &nbsp;&nbsp;&nbsp;&nbsp;$1861341711 | &nbsp;&nbsp;&nbsp;&nbsp;$1709145269 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$625614893 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$574438605 |
| Shares outstanding | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;37655440 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;123058920 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;120516747 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;48933950 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;47478876 |
| Net asset value and redemption price per share | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$15.69 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$15.13 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$14.18 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$12.78 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$12.10 |
| **Class C<sup>1</sup>** |  |  |  |  |  |
| Net assets | &nbsp;&nbsp;&nbsp;&nbsp;$28814277 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$71783725 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$43130226 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$20024412 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$14928030 |
| Shares outstanding | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1838050 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4761150 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3043993 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1555777 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1233685 |
| Net asset value, offering price and redemption price per share | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$15.68 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$15.08 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$14.17 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$12.87 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$12.10 |
| **Class I** |  |  |  |  |  |
| Net assets | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$8186433 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$28514039 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$29782390 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$19489368 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$10966965 |
| Shares outstanding | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;523511 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1899594 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2121023 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1538709 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;908392 |
| Net asset value, offering price and redemption price per share | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$15.64 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$15.01 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$14.04 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$12.67 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$12.07 |
| **Class R2** |  |  |  |  |  |
| Net assets | &nbsp;&nbsp;&nbsp;&nbsp;$12827172 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$22622713 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$15593740 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$7286654 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$5109008 |
| Shares outstanding | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;828061 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1515544 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1109822 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;572500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;423178 |
| Net asset value, offering price and redemption price per share | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$15.49 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$14.93 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$14.05 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$12.73 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$12.07 |
| **Class R4** |  |  |  |  |  |
| Net assets | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$1347802 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$2689572 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$3530736 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$486372 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$1881429 |
| Shares outstanding | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;86470 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;178021 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;249862 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;38363 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;155974 |
| Net asset value, offering price and redemption price per share | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$15.59 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$15.11 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$14.13 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$12.68 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$12.06 |
| **Class R5** |  |  |  |  |  |
| Net assets | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$4276438 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$7292490 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$7543431 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$11939685 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$1174049 |
| Shares outstanding | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;273060 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;480295 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;532413 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;941680 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;97299 |
| Net asset value, offering price and redemption price per share | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$15.66 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$15.18 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$14.17 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$12.68 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$12.07 |
| **Class R6** |  |  |  |  |  |
| Net assets | &nbsp;&nbsp;&nbsp;&nbsp;$74538694 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$143441229 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$148537202 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$50747098 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$29763888 |
| Shares outstanding | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4763390 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9536306 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10587828 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4013827 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2468088 |
| Net asset value, offering price and redemption price per share | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$15.65 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$15.04 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$14.03 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$12.64 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$12.06 |
| **Class 1** |  |  |  |  |  |
| Net assets | &nbsp;&nbsp;$2497753601 | &nbsp;&nbsp;&nbsp;&nbsp;$5946293754 | &nbsp;&nbsp;&nbsp;&nbsp;$5282235316 | &nbsp;&nbsp;&nbsp;&nbsp;$1326056831 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$956489000 |
| Shares outstanding | &nbsp;&nbsp;&nbsp;&nbsp;160131483 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;395391860 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;376603634 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;104608535 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;79288285 |
| Net asset value, offering price and redemption price per share | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$15.60 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$15.04 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$14.03 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$12.68 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$12.06 |

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7 JOHN HANCOCK MULTIMANAGER LIFESTYLE PORTFOLIOS \| SEE NOTES TO FINANCIAL STATEMENTS

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[**Table of Contents**](#JOB_JHF_I_be009a45-7972-4dc8-84b4-5fe415748d09_TofC)

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Continued

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| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | **Multimanager Lifestyle Aggressive Portfolio** | &nbsp;&nbsp;**Multimanager Lifestyle Growth Portfolio** | &nbsp;&nbsp;**Multimanager Lifestyle Balanced Portfolio** | &nbsp;&nbsp;**Multimanager Lifestyle Moderate Portfolio** | &nbsp;&nbsp;**Multimanager Lifestyle Conservative Portfolio** |
| **Class 5** |  |  |  |  |  |
| Net assets | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$415847048 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$165022196 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$55153174 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| Shares outstanding | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;27710384 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11756700 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4361774 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| Net asset value, offering price and redemption price per share | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$15.01 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$14.04 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$12.64 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| **Maximum offering price per share** |  |  |  |  |  |
| Class A (net asset value per share ÷ 95.5%)<sup>2</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$16.43 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$15.84 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$14.85 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$13.38 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$12.67 |

---

&nbsp;&nbsp;&nbsp;&nbsp;

<sup>1</sup> Redemption price per share is equal to net asset value less any applicable contingent deferred sales charge.

<sup>2</sup> On single retail sales of less than $50,000. On sales of $50,000 or more and on group sales the offering price is reduced.

SEE NOTES TO FINANCIAL STATEMENTS \| JOHN HANCOCK MULTIMANAGER LIFESTYLE PORTFOLIOS 8

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[**Table of Contents**](#JOB_JHF_I_be009a45-7972-4dc8-84b4-5fe415748d09_TofC)

#### STATEMENTS OF OPERATIONS For the six months ended 6-30-25 (unaudited)

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| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;&nbsp;**Multimanager Lifestyle Aggressive Portfolio** | &nbsp;&nbsp;&nbsp;**Multimanager Lifestyle Growth Portfolio** | &nbsp;&nbsp;&nbsp;**Multimanager Lifestyle Balanced Portfolio** | &nbsp;&nbsp;&nbsp;**Multimanager Lifestyle Moderate Portfolio** | &nbsp;&nbsp;&nbsp;**Multimanager Lifestyle Conservative Portfolio** |
| **Investment income** |  |  |  |  |  |
| Dividends from affiliated investments | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$3330066 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$34007882 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$59604414 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$26305201 | &nbsp;&nbsp;&nbsp;&nbsp;$27091746 |
| Interest | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;749181 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6601442 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10593758 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3807890 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4064988 |
| Less foreign taxes withheld | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(902) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2163) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1713) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| **Total investment income** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**4078345** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**40607161** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**70196459** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**30113091** | &nbsp;&nbsp;&nbsp;&nbsp;**31156734** |
| **Expenses** |  |  |  |  |  |
| Investment management fees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3858627 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10249912 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8940391 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2524274 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1999535 |
| Distribution and service fees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1621026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4554135 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4067466 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1372622 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1181455 |
| Accounting and legal services fees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;271777 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;722434 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;634925 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;182196 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;138252 |
| Transfer agent fees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;346671 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1095572 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1008586 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;377971 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;344036 |
| Trustees' fees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;41891 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;110657 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;96530 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;27119 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20319 |
| Custodian fees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15344 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16518 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16516 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16507 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15991 |
| State registration fees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;54434 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;57634 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;58012 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;56085 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;55619 |
| Printing and postage | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22999 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;47899 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;44518 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22341 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21243 |
| Professional fees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;68549 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;142276 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;130575 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;54788 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;47578 |
| Other | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;46059 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;120546 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;107045 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;35634 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25110 |
| **Total expenses** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**6347377** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**17117583** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**15104564** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**4669537** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**3849138** |
| Less expense reductions | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2691669) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(6383846) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(4792062) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1160482) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(737399) |
| **Net expenses** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**3655708** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**10733737** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**10312502** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**3509055** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**3111739** |
| **Net investment income** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**422637** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**29873424** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**59883957** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**26604036** | &nbsp;&nbsp;&nbsp;&nbsp;**28044995** |
| **Realized and unrealized gain (loss)** |  |  |  |  |  |
| **Net realized gain (loss) on** |  |  |  |  |  |
| Unaffiliated investments and foreign currency transactions | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(5403538) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(27601383) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(40243529) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(7111010) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;672931 |
| Affiliated investments | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;178250630 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;372643088 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;258888741 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;46053807 | &nbsp;&nbsp;&nbsp;&nbsp;14251190 |
| Capital gain distributions received from affiliated investments | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7460030 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14164601 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10057298 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2223868 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1750375 |
|  | &nbsp;&nbsp;&nbsp;&nbsp;**180307122** | &nbsp;&nbsp;&nbsp;&nbsp;**359206306** | &nbsp;&nbsp;&nbsp;&nbsp;**228702510** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**41166665** | &nbsp;&nbsp;&nbsp;&nbsp;**16674496** |
| **Change in net unrealized appreciation (depreciation) of** |  |  |  |  |  |
| Unaffiliated investments and translation of assets and liabilities in foreign currencies | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3938930 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;28303143 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;42612818 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8844190 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2294604 |
| Affiliated investments | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;49429229 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;169491233 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;118169826 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;36307320 | &nbsp;&nbsp;&nbsp;&nbsp;26107076 |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**53368159** | &nbsp;&nbsp;&nbsp;&nbsp;**197794376** | &nbsp;&nbsp;&nbsp;&nbsp;**160782644** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**45151510** | &nbsp;&nbsp;&nbsp;&nbsp;**28401680** |
| **Net realized and unrealized gain** | &nbsp;&nbsp;&nbsp;&nbsp;**233675281** | &nbsp;&nbsp;&nbsp;&nbsp;**557000682** | &nbsp;&nbsp;&nbsp;&nbsp;**389485154** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**86318175** | &nbsp;&nbsp;&nbsp;&nbsp;**45076176** |
| **Increase in net assets from operations** | &nbsp;&nbsp;&nbsp;**$234097918** | &nbsp;&nbsp;&nbsp;**$586874106** | &nbsp;&nbsp;&nbsp;**$449369111** | &nbsp;&nbsp;&nbsp;**$112922211** | &nbsp;&nbsp;&nbsp;**$73121171** |

---

9 JOHN HANCOCK MULTIMANAGER LIFESTYLE PORTFOLIOS \| SEE NOTES TO FINANCIAL STATEMENTS

------

[**Table of Contents**](#JOB_JHF_I_be009a45-7972-4dc8-84b4-5fe415748d09_TofC)

#### STATEMENTS OF CHANGES IN NET ASSETS

------

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**Multimanager Lifestyle Aggressive Portfolio** | &nbsp;&nbsp;**Multimanager Lifestyle Aggressive Portfolio** | &nbsp;&nbsp;**Multimanager Lifestyle Growth Portfolio** | &nbsp;&nbsp;**Multimanager Lifestyle Growth Portfolio** | &nbsp;&nbsp;**Multimanager Lifestyle Balanced Portfolio** | &nbsp;&nbsp;**Multimanager Lifestyle Balanced Portfolio** |
|  | &nbsp;&nbsp;**Six months ended<br> 6-30-25<br> (unaudited)** | &nbsp;&nbsp;**Year ended<br> 12-31-24**  | &nbsp;&nbsp;**Six months ended<br> 6-30-25<br> (unaudited)** | &nbsp;&nbsp;**Year ended<br> 12-31-24**  | &nbsp;&nbsp;**Six months ended<br> 6-30-25<br> (unaudited)** | &nbsp;&nbsp;**Year ended<br> 12-31-24**  |
| **Increase (decrease) in net assets** |  |  |  |  |  |  |
| **From operations** |  |  |  |  |  |  |
| Net investment income | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$422637 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$35882729 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$29873424 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$145833723 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$59883957 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$184364731 |
| Net realized gain | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;180307122 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;224046982 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;359206306 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;526621790 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;228702510 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;336721135 |
| Change in net unrealized appreciation (depreciation) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;53368159 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;156688117 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;197794376 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;308564490 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;160782644 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;196608786 |
| **Increase in net assets resulting from operations** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**234097918** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**416617828** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**586874106** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**981020003** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**449369111** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**717694652** |
| **Distributions to shareholders** |  |  |  |  |  |  |
| From earnings |  |  |  |  |  |  |
| Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(14758194) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(46061794) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(10756983) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(43531764) |
| Class C | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(573338) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1405655) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(130246) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(904068) |
| Class I | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(223825) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(772067) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(224622) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(784261) |
| Class R2 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(342043) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(551182) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(93963) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(447284) |
| Class R4 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(31197) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(102848) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(25381) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(131641) |
| Class R5 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(121744) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(223114) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(59712) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(303490) |
| Class R6 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2045440) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3967493) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1222904) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(4047353) |
| Class 1 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(73158368) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(171776011) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(42992337) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(158519880) |
| Class 5 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(11521115) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1359417) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(4714451) |
| **Total distributions** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**—** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(91254149)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**—** | &nbsp;&nbsp;&nbsp;&nbsp;**(236381279)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(56865565)** | &nbsp;&nbsp;&nbsp;&nbsp;**(213384192)** |
| **Portfolio share transactions** |  |  |  |  |  |  |
| From portfolio share transactions | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(211394038) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(296526728) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(605724664) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(845403537) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(492224498) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(810270613) |
| **Total increase (decrease)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**22703880** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**28836951** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(18850558)** | &nbsp;&nbsp;&nbsp;&nbsp;**(100764813)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(99720952)** | &nbsp;&nbsp;&nbsp;&nbsp;**(305960153)** |
| **Net assets** |  |  |  |  |  |  |
| Beginning of period | &nbsp;&nbsp;&nbsp;&nbsp;3195975312 | &nbsp;&nbsp;&nbsp;&nbsp;3167138361 | &nbsp;&nbsp;&nbsp;&nbsp;8518676839 | &nbsp;&nbsp;&nbsp;&nbsp;8619441652 | &nbsp;&nbsp;&nbsp;&nbsp;7504241458 | &nbsp;&nbsp;&nbsp;&nbsp;7810201611 |
| **End of period** | &nbsp;&nbsp;**$3218679192** | &nbsp;&nbsp;**$3195975312** | &nbsp;&nbsp;**$8499826281** | &nbsp;&nbsp;**$8518676839** | &nbsp;&nbsp;**$7404520506** | &nbsp;&nbsp;**$7504241458** |

---

SEE NOTES TO FINANCIAL STATEMENTS \| JOHN HANCOCK MULTIMANAGER LIFESTYLE PORTFOLIOS 10

------

[**Table of Contents**](#JOB_JHF_I_be009a45-7972-4dc8-84b4-5fe415748d09_TofC)

------

Continued

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**Multimanager Lifestyle Moderate Portfolio** | &nbsp;&nbsp;**Multimanager Lifestyle Moderate Portfolio** | &nbsp;&nbsp;**Multimanager Lifestyle Conservative Portfolio** | &nbsp;&nbsp;**Multimanager Lifestyle Conservative Portfolio** |
|  | &nbsp;&nbsp;**Six months ended<br> 6-30-25<br> (unaudited)** | &nbsp;&nbsp;**Year ended<br> 12-31-24**  | &nbsp;&nbsp;**Six months ended<br> 6-30-25<br> (unaudited)** | &nbsp;&nbsp;**Year ended<br> 12-31-24**  |
| **Increase (decrease) in net assets** |  |  |  |  |
| **From operations** |  |  |  |  |
| Net investment income | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$26604036 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$69522321 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$28044995 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$64684199 |
| Net realized gain (loss) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;41166665 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;48638715 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16674496 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(6975858) |
| Change in net unrealized appreciation (depreciation) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;45151510 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;42688719 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;28401680 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;39684427 |
| **Increase in net assets resulting from operations** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**112922211** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**160849755** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**73121171** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**97392768** |
| **Distributions to shareholders** |  |  |  |  |
| From earnings |  |  |  |  |
| Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(6733880) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(19968144) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(9058836) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(22670233) |
| Class C | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(149384) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(587494) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(186318) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(543121) |
| Class I | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(232637) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(653014) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(186076) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(443138) |
| Class R2 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(75649) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(232287) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(78642) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(208349) |
| Class R4 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(5852) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(27426) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(30683) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(75564) |
| Class R5 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(147507) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(405113) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(20370) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(56236) |
| Class R6 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(640724) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1386977) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(519132) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1098298) |
| Class 1 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(16777393) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(48579811) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(16863406) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(41123493) |
| Class 5 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(703512) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1927507) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| **Total distributions** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(25466538)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(73767773)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(26943463)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(66218432)** |
| **Portfolio share transactions** |  |  |  |  |
| From portfolio share transactions | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(110714999) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(228856302) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(65836903) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(174092146) |
| **Total decrease** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(23259326)** | &nbsp;&nbsp;&nbsp;&nbsp;**(141774320)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(19659195)** | &nbsp;&nbsp;&nbsp;&nbsp;**(142917810)** |
| **Net assets** |  |  |  |  |
| Beginning of period | &nbsp;&nbsp;&nbsp;&nbsp;2140057813 | &nbsp;&nbsp;&nbsp;&nbsp;2281832133 | &nbsp;&nbsp;&nbsp;&nbsp;1614410169 | &nbsp;&nbsp;&nbsp;&nbsp;1757327979 |
| **End of period** | &nbsp;&nbsp;**$2116798487** | &nbsp;&nbsp;**$2140057813** | &nbsp;&nbsp;**$1594750974** | &nbsp;&nbsp;**$1614410169** |

---

11 JOHN HANCOCK MULTIMANAGER LIFESTYLE PORTFOLIOS \| SEE NOTES TO FINANCIAL STATEMENTS

------

[**Table of Contents**](#JOB_JHF_I_be009a45-7972-4dc8-84b4-5fe415748d09_TofC)

Financial highlights

#### Multimanager Lifestyle Aggressive Portfolio

---

| | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Per share operating performance for a share outstanding throughout each period** | **Per share operating performance for a share outstanding throughout each period** | **Per share operating performance for a share outstanding throughout each period** | **Per share operating performance for a share outstanding throughout each period** | **Per share operating performance for a share outstanding throughout each period** | **Per share operating performance for a share outstanding throughout each period** | **Per share operating performance for a share outstanding throughout each period** | **Per share operating performance for a share outstanding throughout each period** | **Per share operating performance for a share outstanding throughout each period** | **Per share operating performance for a share outstanding throughout each period** | **Per share operating performance for a share outstanding throughout each period** |  | **Ratios and supplemental data** | **Ratios and supplemental data** | **Ratios and supplemental data** |
|  |  | **Income (loss) from investment operations** | **Income (loss) from investment operations** |  |  | **Less distributions** | **Less distributions** | **Less distributions** |  |  |  | **Ratios to average net assets** | **Ratios to average net assets** | **Ratios to average net assets** |
| **Period ended** | &nbsp;&nbsp;**Net asset<br> value,<br> beginning<br> of period ($)** | **Net<br> investment<br> income<br> (loss) ($)<sup>1, 2</sup>** | **Net realized and<br> unrealized<br> gain (loss)<br> on investments ($)** | **Total from<br> investment<br> operations ($)** | **From net<br> investment<br> income ($)** | **From net<br> realized<br> gain ($)<sup>3</sup>** | **Total<br> distributions ($)** | **Net asset<br> value,<br> end of<br> period ($)** | **Total<br> return<br> (%)<sup>4, 5</sup>** | **Expenses<br> before<br> reductions<br> (%)<sup>6</sup>** | **Expenses<br> including<br> reductions<br> (%)<sup>6</sup>** | **Net<br> investment<br> income<br> (loss) (%)<sup>2</sup>** | **Net<br> assets,<br> end of<br> period<br> (in millions)** | **Portfolio<br> turnover<br> (%)** |
| Multimanager Lifestyle Aggressive Portfolio | Multimanager Lifestyle Aggressive Portfolio | Multimanager Lifestyle Aggressive Portfolio | Multimanager Lifestyle Aggressive Portfolio | Multimanager Lifestyle Aggressive Portfolio | Multimanager Lifestyle Aggressive Portfolio | Multimanager Lifestyle Aggressive Portfolio | Multimanager Lifestyle Aggressive Portfolio | Multimanager Lifestyle Aggressive Portfolio | Multimanager Lifestyle Aggressive Portfolio | Multimanager Lifestyle Aggressive Portfolio | Multimanager Lifestyle Aggressive Portfolio | Multimanager Lifestyle Aggressive Portfolio | Multimanager Lifestyle Aggressive Portfolio | Multimanager Lifestyle Aggressive Portfolio |
| **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** |
| 06-30-2025<sup>7</sup> | 14.59 | (0.02) | &nbsp;&nbsp;1.12 | &nbsp;&nbsp;1.10 | &nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;— | 15.69 | &nbsp;&nbsp;&nbsp;&nbsp;7.54<sup>8</sup> | &nbsp;&nbsp;0.70<sup>9</sup> | &nbsp;&nbsp;0.52<sup>9</sup> | (0.26)<sup>9</sup> | &nbsp;&nbsp;&nbsp;591 | 28 |
| 12-31-2024 | 13.20 | &nbsp;&nbsp;0.12 | &nbsp;&nbsp;1.65 | &nbsp;&nbsp;1.77 | (0.12) | (0.26) | (0.38) | 14.59 | &nbsp;&nbsp;13.44 | 0.68 | 0.52 | &nbsp;&nbsp;0.83 | &nbsp;&nbsp;&nbsp;574 | 13 |
| 12-31-2023 | 11.90 | &nbsp;&nbsp;0.13 | &nbsp;&nbsp;1.93 | &nbsp;&nbsp;2.06 | (0.13) | (0.63) | (0.76) | 13.20 | &nbsp;&nbsp;17.32 | 0.69 | 0.52 | &nbsp;&nbsp;1.01 | &nbsp;&nbsp;&nbsp;557 | 12 |
| 12-31-2022 | 16.99 | &nbsp;&nbsp;0.09 | (3.32) | (3.23) | (0.10) | (1.76) | (1.86) | 11.90 | (18.89) | 0.67 | 0.51 | &nbsp;&nbsp;0.65 | &nbsp;&nbsp;&nbsp;515 | 10 |
| 12-31-2021 | 16.16 | &nbsp;&nbsp;0.11 | &nbsp;&nbsp;2.53 | &nbsp;&nbsp;2.64 | (0.12) | (1.69) | (1.81) | 16.99 | &nbsp;&nbsp;16.33 | 0.64 | 0.50 | &nbsp;&nbsp;0.63 | &nbsp;&nbsp;&nbsp;671 | 21 |
| 12-31-2020 | 14.39 | &nbsp;&nbsp;0.09 | &nbsp;&nbsp;2.61 | &nbsp;&nbsp;2.70 | (0.10) | (0.83) | (0.93) | 16.16 | &nbsp;&nbsp;18.84 | 0.65 | 0.50 | &nbsp;&nbsp;0.66 | &nbsp;&nbsp;&nbsp;599 | 11 |
| **Class C** | **Class C** | **Class C** | **Class C** | **Class C** | **Class C** | **Class C** | **Class C** | **Class C** | **Class C** | **Class C** | **Class C** | **Class C** | **Class C** | **Class C** |
| 06-30-2025<sup>7</sup> | 14.62 | (0.07) | &nbsp;&nbsp;1.13 | &nbsp;&nbsp;1.06 | &nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;— | 15.68 | &nbsp;&nbsp;&nbsp;&nbsp;7.25<sup>8</sup> | &nbsp;&nbsp;1.40<sup>9</sup> | &nbsp;&nbsp;1.23<sup>9</sup> | (0.96)<sup>9</sup> | &nbsp;&nbsp;&nbsp;&nbsp;29 | 28 |
| 12-31-2024 | 13.24 | &nbsp;&nbsp;0.01 | &nbsp;&nbsp;1.65 | &nbsp;&nbsp;1.66 | (0.02) | (0.26) | (0.28) | 14.62 | &nbsp;&nbsp;12.56 | 1.38 | 1.22 | &nbsp;&nbsp;0.07 | &nbsp;&nbsp;&nbsp;&nbsp;30 | 13 |
| 12-31-2023 | 11.94 | &nbsp;&nbsp;0.03 | &nbsp;&nbsp;1.94 | &nbsp;&nbsp;1.97 | (0.04) | (0.63) | (0.67) | 13.24 | &nbsp;&nbsp;16.52 | 1.39 | 1.23 | &nbsp;&nbsp;0.20 | &nbsp;&nbsp;&nbsp;&nbsp;34 | 12 |
| 12-31-2022 | 17.03 | (0.02) | (3.32) | (3.34) | &nbsp;&nbsp;&nbsp;&nbsp;— | (1.75) | (1.75) | 11.94 | (19.47) | 1.37 | 1.22 | (0.15) | &nbsp;&nbsp;&nbsp;&nbsp;37 | 10 |
| 12-31-2021 | 16.20 | (0.03) | &nbsp;&nbsp;2.54 | &nbsp;&nbsp;2.51 | &nbsp;&nbsp;&nbsp;&nbsp;— | (1.68) | (1.68) | 17.03 | &nbsp;&nbsp;15.51 | 1.34 | 1.20 | (0.16) | &nbsp;&nbsp;&nbsp;&nbsp;57 | 21 |
| 12-31-2020 | 14.44 | (0.04) | &nbsp;&nbsp;2.64 | &nbsp;&nbsp;2.60 | (0.01) | (0.83) | (0.84) | 16.20 | &nbsp;&nbsp;18.05 | 1.35 | 1.21 | (0.32) | &nbsp;&nbsp;&nbsp;&nbsp;65 | 11 |
| **Class I** | **Class I** | **Class I** | **Class I** | **Class I** | **Class I** | **Class I** | **Class I** | **Class I** | **Class I** | **Class I** | **Class I** | **Class I** | **Class I** | **Class I** |
| 06-30-2025<sup>7</sup> | 14.51 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;—<sup>10</sup> | &nbsp;&nbsp;1.13 | &nbsp;&nbsp;1.13 | &nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;— | 15.64 | &nbsp;&nbsp;&nbsp;&nbsp;7.79<sup>8</sup> | &nbsp;&nbsp;0.40<sup>9</sup> | &nbsp;&nbsp;0.22<sup>9</sup> | &nbsp;&nbsp;&nbsp;0.04<sup>9</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8 | 28 |
| 12-31-2024 | 13.14 | &nbsp;&nbsp;0.16 | &nbsp;&nbsp;1.64 | &nbsp;&nbsp;1.80 | (0.17) | (0.26) | (0.43) | 14.51 | &nbsp;&nbsp;13.67 | 0.38 | 0.22 | &nbsp;&nbsp;1.11 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8 | 13 |
| 12-31-2023 | 11.84 | &nbsp;&nbsp;0.15 | &nbsp;&nbsp;1.95 | &nbsp;&nbsp;2.10 | (0.17) | (0.63) | (0.80) | 13.14 | &nbsp;&nbsp;17.74 | 0.39 | 0.22 | &nbsp;&nbsp;1.17 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8 | 12 |
| 12-31-2022 | 16.92 | &nbsp;&nbsp;0.14 | (3.32) | (3.18) | (0.14) | (1.76) | (1.90) | 11.84 | (18.65) | 0.37 | 0.21 | &nbsp;&nbsp;0.94 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8 | 10 |
| 12-31-2021 | 16.10 | &nbsp;&nbsp;0.18 | &nbsp;&nbsp;2.50 | &nbsp;&nbsp;2.68 | (0.17) | (1.69) | (1.86) | 16.92 | &nbsp;&nbsp;16.66 | 0.34 | 0.20 | &nbsp;&nbsp;1.02 | &nbsp;&nbsp;&nbsp;&nbsp;11 | 21 |
| 12-31-2020 | 14.33 | &nbsp;&nbsp;0.10 | &nbsp;&nbsp;2.64 | &nbsp;&nbsp;2.74 | (0.14) | (0.83) | (0.97) | 16.10 | &nbsp;&nbsp;19.20 | 0.35 | 0.20 | &nbsp;&nbsp;0.69 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8 | 11 |
| **Class R2** | **Class R2** | **Class R2** | **Class R2** | **Class R2** | **Class R2** | **Class R2** | **Class R2** | **Class R2** | **Class R2** | **Class R2** | **Class R2** | **Class R2** | **Class R2** | **Class R2** |
| 06-30-2025<sup>7</sup> | 14.41 | (0.03) | &nbsp;&nbsp;1.11 | &nbsp;&nbsp;1.08 | &nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;— | 15.49 | &nbsp;&nbsp;&nbsp;&nbsp;7.49<sup>8</sup> | &nbsp;&nbsp;0.79<sup>9</sup> | &nbsp;&nbsp;0.62<sup>9</sup> | (0.36)<sup>9</sup> | &nbsp;&nbsp;&nbsp;&nbsp;13 | 28 |
| 12-31-2024 | 13.04 | &nbsp;&nbsp;0.10 | &nbsp;&nbsp;1.64 | &nbsp;&nbsp;1.74 | (0.11) | (0.26) | (0.37) | 14.41 | &nbsp;&nbsp;13.35 | 0.77 | 0.61 | &nbsp;&nbsp;0.74 | &nbsp;&nbsp;&nbsp;&nbsp;14 | 13 |
| 12-31-2023 | 11.77 | &nbsp;&nbsp;0.11 | &nbsp;&nbsp;1.91 | &nbsp;&nbsp;2.02 | (0.12) | (0.63) | (0.75) | 13.04 | &nbsp;&nbsp;17.16 | 0.77 | 0.61 | &nbsp;&nbsp;0.88 | &nbsp;&nbsp;&nbsp;&nbsp;13 | 12 |
| 12-31-2022 | 16.82 | &nbsp;&nbsp;0.08 | (3.29) | (3.21) | (0.08) | (1.76) | (1.84) | 11.77 | (18.93) | 0.77 | 0.62 | &nbsp;&nbsp;0.56 | &nbsp;&nbsp;&nbsp;&nbsp;12 | 10 |
| 12-31-2021 | 16.02 | &nbsp;&nbsp;0.11 | &nbsp;&nbsp;2.49 | &nbsp;&nbsp;2.60 | (0.11) | (1.69) | (1.80) | 16.82 | &nbsp;&nbsp;16.19 | 0.72 | 0.58 | &nbsp;&nbsp;0.62 | &nbsp;&nbsp;&nbsp;&nbsp;15 | 21 |
| 12-31-2020 | 14.27 | &nbsp;&nbsp;0.21 | &nbsp;&nbsp;2.46 | &nbsp;&nbsp;2.67 | (0.09) | (0.83) | (0.92) | 16.02 | &nbsp;&nbsp;18.77 | 0.73 | 0.59 | &nbsp;&nbsp;1.47 | &nbsp;&nbsp;&nbsp;&nbsp;12 | 11 |
| **Class R4** | **Class R4** | **Class R4** | **Class R4** | **Class R4** | **Class R4** | **Class R4** | **Class R4** | **Class R4** | **Class R4** | **Class R4** | **Class R4** | **Class R4** | **Class R4** | **Class R4** |
| 06-30-2025<sup>7</sup> | 14.48 | (0.01) | &nbsp;&nbsp;1.12 | &nbsp;&nbsp;1.11 | &nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;— | 15.59 | &nbsp;&nbsp;&nbsp;&nbsp;7.67<sup>8</sup> | &nbsp;&nbsp;0.63<sup>9</sup> | &nbsp;&nbsp;0.35<sup>9</sup> | (0.09)<sup>9</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1 | 28 |
| 12-31-2024 | 13.10 | &nbsp;&nbsp;0.13 | &nbsp;&nbsp;1.66 | &nbsp;&nbsp;1.79 | (0.15) | (0.26) | (0.41) | 14.48 | &nbsp;&nbsp;13.64 | 0.62 | 0.36 | &nbsp;&nbsp;0.89 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1 | 13 |
| 12-31-2023 | 11.81 | &nbsp;&nbsp;0.10 | &nbsp;&nbsp;1.97 | &nbsp;&nbsp;2.07 | (0.15) | (0.63) | (0.78) | 13.10 | &nbsp;&nbsp;17.54 | 0.63 | 0.37 | &nbsp;&nbsp;0.78 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1 | 12 |
| 12-31-2022 | 16.89 | &nbsp;&nbsp;0.12 | (3.32) | (3.20) | (0.12) | (1.76) | (1.88) | 11.81 | (18.82) | 0.62 | 0.36 | &nbsp;&nbsp;0.85 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3 | 10 |
| 12-31-2021 | 16.07 | &nbsp;&nbsp;0.14 | &nbsp;&nbsp;2.52 | &nbsp;&nbsp;2.66 | (0.15) | (1.69) | (1.84) | 16.89 | &nbsp;&nbsp;16.53 | 0.59 | 0.35 | &nbsp;&nbsp;0.79 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3 | 21 |
| 12-31-2020 | 14.31 | &nbsp;&nbsp;0.10 | &nbsp;&nbsp;2.61 | &nbsp;&nbsp;2.71 | (0.12) | (0.83) | (0.95) | 16.07 | &nbsp;&nbsp;19.02 | 0.59 | 0.35 | &nbsp;&nbsp;0.70 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3 | 11 |
| **Class R5** | **Class R5** | **Class R5** | **Class R5** | **Class R5** | **Class R5** | **Class R5** | **Class R5** | **Class R5** | **Class R5** | **Class R5** | **Class R5** | **Class R5** | **Class R5** | **Class R5** |
| 06-30-2025<sup>7</sup> | 14.53 | &nbsp;&nbsp;0.01 | &nbsp;&nbsp;1.12 | &nbsp;&nbsp;1.13 | &nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;— | 15.66 | &nbsp;&nbsp;&nbsp;&nbsp;7.78<sup>8</sup> | &nbsp;&nbsp;0.34<sup>9</sup> | &nbsp;&nbsp;0.16<sup>9</sup> | &nbsp;&nbsp;&nbsp;0.10<sup>9</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4 | 28 |
| 12-31-2024 | 13.15 | &nbsp;&nbsp;0.17 | &nbsp;&nbsp;1.65 | &nbsp;&nbsp;1.82 | (0.18) | (0.26) | (0.44) | 14.53 | &nbsp;&nbsp;13.80 | 0.32 | 0.16 | &nbsp;&nbsp;1.19 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4 | 13 |
| 12-31-2023 | 11.86 | &nbsp;&nbsp;0.17 | &nbsp;&nbsp;1.93 | &nbsp;&nbsp;2.10 | (0.18) | (0.63) | (0.81) | 13.15 | &nbsp;&nbsp;17.68 | 0.32 | 0.17 | &nbsp;&nbsp;1.30 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4 | 12 |
| 12-31-2022 | 16.94 | &nbsp;&nbsp;0.17 | (3.34) | (3.17) | (0.15) | (1.76) | (1.91) | 11.86 | (18.59) | 0.32 | 0.16 | &nbsp;&nbsp;1.21 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3 | 10 |
| 12-31-2021 | 16.11 | &nbsp;&nbsp;0.18 | &nbsp;&nbsp;2.52 | &nbsp;&nbsp;2.70 | (0.18) | (1.69) | (1.87) | 16.94 | &nbsp;&nbsp;16.76 | 0.29 | 0.15 | &nbsp;&nbsp;1.01 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3 | 21 |
| 12-31-2020 | 14.33 | &nbsp;&nbsp;0.14 | &nbsp;&nbsp;2.62 | &nbsp;&nbsp;2.76 | (0.15) | (0.83) | (0.98) | 16.11 | &nbsp;&nbsp;19.31 | 0.29 | 0.15 | &nbsp;&nbsp;0.97 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3 | 11 |
| **Class R6** | **Class R6** | **Class R6** | **Class R6** | **Class R6** | **Class R6** | **Class R6** | **Class R6** | **Class R6** | **Class R6** | **Class R6** | **Class R6** | **Class R6** | **Class R6** | **Class R6** |
| 06-30-2025<sup>7</sup> | 14.52 | &nbsp;&nbsp;0.01 | &nbsp;&nbsp;1.12 | &nbsp;&nbsp;1.13 | &nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;— | 15.65 | &nbsp;&nbsp;&nbsp;&nbsp;7.78<sup>8</sup> | &nbsp;&nbsp;0.29<sup>9</sup> | &nbsp;&nbsp;0.12<sup>9</sup> | &nbsp;&nbsp;&nbsp;0.15<sup>9</sup> | &nbsp;&nbsp;&nbsp;&nbsp;75 | 28 |
| 12-31-2024 | 13.14 | &nbsp;&nbsp;0.18 | &nbsp;&nbsp;1.64 | &nbsp;&nbsp;1.82 | (0.18) | (0.26) | (0.44) | 14.52 | &nbsp;&nbsp;13.87 | 0.27 | 0.11 | &nbsp;&nbsp;1.23 | &nbsp;&nbsp;&nbsp;&nbsp;68 | 13 |
| 12-31-2023 | 11.84 | &nbsp;&nbsp;0.20 | &nbsp;&nbsp;1.92 | &nbsp;&nbsp;2.12 | (0.19) | (0.63) | (0.82) | 13.14 | &nbsp;&nbsp;17.84 | 0.27 | 0.11 | &nbsp;&nbsp;1.59 | &nbsp;&nbsp;&nbsp;&nbsp;71 | 12 |
| 12-31-2022 | 16.92 | &nbsp;&nbsp;0.16 | (3.32) | (3.16) | (0.16) | (1.76) | (1.92) | 11.84 | (18.57) | 0.27 | 0.11 | &nbsp;&nbsp;1.10 | &nbsp;&nbsp;&nbsp;&nbsp;54 | 10 |
| 12-31-2021 | 16.10 | &nbsp;&nbsp;0.19 | &nbsp;&nbsp;2.51 | &nbsp;&nbsp;2.70 | (0.19) | (1.69) | (1.88) | 16.92 | &nbsp;&nbsp;16.77 | 0.24 | 0.10 | &nbsp;&nbsp;1.08 | &nbsp;&nbsp;&nbsp;&nbsp;60 | 21 |
| 12-31-2020 | 14.32 | &nbsp;&nbsp;0.13 | &nbsp;&nbsp;2.64 | &nbsp;&nbsp;2.77 | (0.16) | (0.83) | (0.99) | 16.10 | &nbsp;&nbsp;19.36 | 0.24 | 0.10 | &nbsp;&nbsp;0.90 | &nbsp;&nbsp;&nbsp;&nbsp;52 | 11 |

---

SEE NOTES TO FINANCIAL STATEMENTS \| JOHN HANCOCK MULTIMANAGER LIFESTYLE PORTFOLIOS 12

------

[**Table of Contents**](#JOB_JHF_I_be009a45-7972-4dc8-84b4-5fe415748d09_TofC)

Financial highlights continued

Multimanager Lifestyle Aggressive Portfolio (continued)

---

| | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| Per share operating performance for a share outstanding throughout each period | Per share operating performance for a share outstanding throughout each period | Per share operating performance for a share outstanding throughout each period | Per share operating performance for a share outstanding throughout each period | Per share operating performance for a share outstanding throughout each period | Per share operating performance for a share outstanding throughout each period | Per share operating performance for a share outstanding throughout each period | Per share operating performance for a share outstanding throughout each period | Per share operating performance for a share outstanding throughout each period | Per share operating performance for a share outstanding throughout each period | Per share operating performance for a share outstanding throughout each period |  | Ratios and supplemental data | Ratios and supplemental data | Ratios and supplemental data |
|  |  | Income (loss) from investment operations | Income (loss) from investment operations |  |  | Less distributions | Less distributions | Less distributions |  |  |  | Ratios to average net assets | Ratios to average net assets | Ratios to average net assets |
| Period ended | &nbsp;&nbsp;Net asset<br> value,<br> beginning<br> of period ($) | Net<br> investment<br> income<br> (loss) ($)<sup>1, 2</sup> | Net realized and<br> unrealized<br> gain (loss)<br> on investments ($) | Total from<br> investment<br> operations ($) | From net<br> investment<br> income ($) | From net<br> realized<br> gain ($)<sup>3</sup> | Total<br> distributions ($) | Net asset<br> value,<br> end of<br> period ($) | Total<br> return<br> (%)<sup>4, 5</sup> | Expenses<br> before<br> reductions<br> (%)<sup>6</sup> | Expenses<br> including<br> reductions<br> (%)<sup>6</sup> | Net<br> investment<br> income<br> (loss) (%)<sup>2</sup> | Net<br> assets,<br> end of<br> period<br> (in millions) | Portfolio<br> turnover<br> (%) |
| Class 1 | Class 1 | Class 1 | Class 1 | Class 1 | Class 1 | Class 1 | Class 1 | Class 1 | Class 1 | Class 1 | Class 1 | Class 1 | Class 1 | Class 1 |
| 06-30-2025<sup>7</sup> | 14.47 | &nbsp;&nbsp;0.01 | &nbsp;&nbsp;1.12 | &nbsp;&nbsp;1.13 | &nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;— | 15.60 | &nbsp;&nbsp;&nbsp;&nbsp;7.81<sup>8</sup> | &nbsp;&nbsp;0.33<sup>9</sup> | &nbsp;&nbsp;0.16<sup>9</sup> | &nbsp;&nbsp;&nbsp;0.10<sup>9</sup> | 2498 | 28 |
| 12-31-2024 | 13.10 | &nbsp;&nbsp;0.17 | &nbsp;&nbsp;1.64 | &nbsp;&nbsp;1.81 | (0.18) | (0.26) | (0.44) | 14.47 | &nbsp;&nbsp;13.78 | 0.31 | 0.16 | &nbsp;&nbsp;1.18 | 2497 | 13 |
| 12-31-2023 | 11.81 | &nbsp;&nbsp;0.17 | &nbsp;&nbsp;1.93 | &nbsp;&nbsp;2.10 | (0.18) | (0.63) | (0.81) | 13.10 | &nbsp;&nbsp;17.76 | 0.32 | 0.16 | &nbsp;&nbsp;1.36 | 2480 | 12 |
| 12-31-2022 | 16.88 | &nbsp;&nbsp;0.14 | (3.30) | (3.16) | (0.15) | (1.76) | (1.91) | 11.81 | (18.59) | 0.31 | 0.15 | &nbsp;&nbsp;0.99 | 2336 | 10 |
| 12-31-2021 | 16.07 | &nbsp;&nbsp;0.17 | &nbsp;&nbsp;2.52 | &nbsp;&nbsp;2.69 | (0.19) | (1.69) | (1.88) | 16.88 | &nbsp;&nbsp;16.70 | 0.28 | 0.14 | &nbsp;&nbsp;0.95 | 3178 | 21 |
| 12-31-2020 | 14.30 | &nbsp;&nbsp;0.14 | &nbsp;&nbsp;2.61 | &nbsp;&nbsp;2.75 | (0.15) | (0.83) | (0.98) | 16.07 | &nbsp;&nbsp;19.30 | 0.27 | 0.14 | &nbsp;&nbsp;0.97 | 3113 | 11 |

---

&nbsp;&nbsp;&nbsp;&nbsp;

---

| |
|:---|
| <sup>1</sup> Based on average daily shares outstanding. |
| <sup>2</sup> Net investment income is affected by the timing and frequency of the declaration of dividends by the underlying funds in which the portfolio invests. |
| <sup>3</sup> Capital gain distributions may vary between classes due to expense differences applied to ordinary income distributions from underlying funds. |
| <sup>4</sup> Total returns would have been lower had certain expenses not been reduced during the applicable periods. |
| <sup>5</sup> Does not reflect the effect of sales charges, if any. |
| <sup>6</sup> Ratios do not include expenses indirectly incurred from underlying funds and can vary based on the mix of underlying funds held by the portfolio. |
| <sup>7</sup> Six months ended 6-30-25. Unaudited. |
| <sup>8</sup> Not annualized. |
| <sup>9</sup> Annualized. |
| <sup>10</sup> Less than $0.005 per share. |

---

13 JOHN HANCOCK MULTIMANAGER LIFESTYLE PORTFOLIOS \| SEE NOTES TO FINANCIAL STATEMENTS

------

[**Table of Contents**](#JOB_JHF_I_be009a45-7972-4dc8-84b4-5fe415748d09_TofC)

#### Multimanager Lifestyle Growth Portfolio

---

| | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Per share operating performance for a share outstanding throughout each period** | **Per share operating performance for a share outstanding throughout each period** | **Per share operating performance for a share outstanding throughout each period** | **Per share operating performance for a share outstanding throughout each period** | **Per share operating performance for a share outstanding throughout each period** | **Per share operating performance for a share outstanding throughout each period** | **Per share operating performance for a share outstanding throughout each period** | **Per share operating performance for a share outstanding throughout each period** | **Per share operating performance for a share outstanding throughout each period** | **Per share operating performance for a share outstanding throughout each period** | **Per share operating performance for a share outstanding throughout each period** |  | **Ratios and supplemental data** | **Ratios and supplemental data** | **Ratios and supplemental data** |
|  |  | **Income (loss) from investment operations** | **Income (loss) from investment operations** |  |  | **Less distributions** | **Less distributions** | **Less distributions** |  |  |  | **Ratios to average net assets** | **Ratios to average net assets** | **Ratios to average net assets** |
| **Period ended** | &nbsp;&nbsp;**Net asset<br> value,<br> beginning<br> of period ($)** | **Net<br> investment<br> income<br> (loss) ($)<sup>1, 2</sup>** | **Net realized and<br> unrealized<br> gain (loss)<br> on investments ($)** | **Total from<br> investment<br> operations ($)** | **From net<br> investment<br> income ($)** | **From net<br> realized<br> gain ($)** | **Total<br> distributions ($)** | **Net asset<br> value,<br> end of<br> period ($)** | **Total<br> return<br> (%)<sup>3, 4</sup>** | **Expenses<br> before<br> reductions<br> (%)<sup>5</sup>** | **Expenses<br> including<br> reductions<br> (%)<sup>5</sup>** | **Net<br> investment<br> income<br> (loss) (%)<sup>2</sup>** | **Net<br> assets,<br> end of<br> period<br> (in millions)** | **Portfolio<br> turnover<br> (%)** |
| Multimanager Lifestyle Growth Portfolio | Multimanager Lifestyle Growth Portfolio | Multimanager Lifestyle Growth Portfolio | Multimanager Lifestyle Growth Portfolio | Multimanager Lifestyle Growth Portfolio | Multimanager Lifestyle Growth Portfolio | Multimanager Lifestyle Growth Portfolio | Multimanager Lifestyle Growth Portfolio | Multimanager Lifestyle Growth Portfolio | Multimanager Lifestyle Growth Portfolio | Multimanager Lifestyle Growth Portfolio | Multimanager Lifestyle Growth Portfolio | Multimanager Lifestyle Growth Portfolio | Multimanager Lifestyle Growth Portfolio | Multimanager Lifestyle Growth Portfolio |
| **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** |
| 06-30-2025<sup>6</sup> | 14.12 | &nbsp;&nbsp;0.03 | &nbsp;&nbsp;0.98 | &nbsp;&nbsp;1.01 | &nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;— | 15.13 | &nbsp;&nbsp;&nbsp;&nbsp;7.15<sup>7</sup> | &nbsp;&nbsp;0.69<sup>8</sup> | &nbsp;&nbsp;0.54<sup>8</sup> | &nbsp;&nbsp;&nbsp;0.45<sup>8</sup> | 1861 | 24 |
| 12-31-2024 | 12.98 | &nbsp;&nbsp;0.20 | &nbsp;&nbsp;1.30 | &nbsp;&nbsp;1.50 | (0.21) | (0.15) | (0.36) | 14.12 | &nbsp;&nbsp;11.56 | 0.68 | 0.54 | &nbsp;&nbsp;1.40 | 1843 | 13 |
| 12-31-2023 | 11.86 | &nbsp;&nbsp;0.20 | &nbsp;&nbsp;1.67 | &nbsp;&nbsp;1.87 | (0.21) | (0.54) | (0.75) | 12.98 | &nbsp;&nbsp;15.78 | 0.69 | 0.54 | &nbsp;&nbsp;1.57 | 1824 | 11 |
| 12-31-2022 | 16.44 | &nbsp;&nbsp;0.17 | (3.09) | (2.92) | (0.18) | (1.48) | (1.66) | 11.86 | (17.63) | 0.67 | 0.53 | &nbsp;&nbsp;1.23 | 1702 | 12 |
| 12-31-2021 | 15.91 | &nbsp;&nbsp;0.18 | &nbsp;&nbsp;2.04 | &nbsp;&nbsp;2.22 | (0.19) | (1.50) | (1.69) | 16.44 | &nbsp;&nbsp;13.95 | 0.64 | 0.51 | &nbsp;&nbsp;1.02 | 2213 | 24 |
| 12-31-2020 | 14.40 | &nbsp;&nbsp;0.15 | &nbsp;&nbsp;2.32 | &nbsp;&nbsp;2.47 | (0.15) | (0.81) | (0.96) | 15.91 | &nbsp;&nbsp;17.17 | 0.63 | 0.51 | &nbsp;&nbsp;1.02 | 1992 | 13 |
| **Class C** | **Class C** | **Class C** | **Class C** | **Class C** | **Class C** | **Class C** | **Class C** | **Class C** | **Class C** | **Class C** | **Class C** | **Class C** | **Class C** | **Class C** |
| 06-30-2025<sup>6</sup> | 14.12 | (0.02) | &nbsp;&nbsp;0.98 | &nbsp;&nbsp;0.96 | &nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;— | 15.08 | &nbsp;&nbsp;&nbsp;&nbsp;6.80<sup>7</sup> | &nbsp;&nbsp;1.39<sup>8</sup> | &nbsp;&nbsp;1.24<sup>8</sup> | (0.26)<sup>8</sup> | &nbsp;&nbsp;&nbsp;&nbsp;72 | 24 |
| 12-31-2024 | 12.98 | &nbsp;&nbsp;0.09 | &nbsp;&nbsp;1.31 | &nbsp;&nbsp;1.40 | (0.11) | (0.15) | (0.26) | 14.12 | &nbsp;&nbsp;10.81 | 1.38 | 1.24 | &nbsp;&nbsp;0.63 | &nbsp;&nbsp;&nbsp;&nbsp;77 | 13 |
| 12-31-2023 | 11.87 | &nbsp;&nbsp;0.09 | &nbsp;&nbsp;1.69 | &nbsp;&nbsp;1.78 | (0.13) | (0.54) | (0.67) | 12.98 | &nbsp;&nbsp;14.94 | 1.39 | 1.25 | &nbsp;&nbsp;0.74 | &nbsp;&nbsp;&nbsp;&nbsp;91 | 11 |
| 12-31-2022 | 16.44 | &nbsp;&nbsp;0.06 | (3.07) | (3.01) | (0.08) | (1.48) | (1.56) | 11.87 | (18.20) | 1.37 | 1.23 | &nbsp;&nbsp;0.41 | &nbsp;&nbsp;&nbsp;109 | 12 |
| 12-31-2021 | 15.92 | &nbsp;&nbsp;0.03 | &nbsp;&nbsp;2.06 | &nbsp;&nbsp;2.09 | (0.07) | (1.50) | (1.57) | 16.44 | &nbsp;&nbsp;13.10 | 1.34 | 1.21 | &nbsp;&nbsp;0.17 | &nbsp;&nbsp;&nbsp;187 | 24 |
| 12-31-2020 | 14.43 | &nbsp;&nbsp;&nbsp;&nbsp;—<sup>9</sup> | &nbsp;&nbsp;2.35 | &nbsp;&nbsp;2.35 | (0.05) | (0.81) | (0.86) | 15.92 | &nbsp;&nbsp;16.33 | 1.34 | 1.22 | &nbsp;&nbsp;0.02 | &nbsp;&nbsp;&nbsp;245 | 13 |
| **Class I** | **Class I** | **Class I** | **Class I** | **Class I** | **Class I** | **Class I** | **Class I** | **Class I** | **Class I** | **Class I** | **Class I** | **Class I** | **Class I** | **Class I** |
| 06-30-2025<sup>6</sup> | 13.99 | &nbsp;&nbsp;0.05 | &nbsp;&nbsp;0.97 | &nbsp;&nbsp;1.02 | &nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;— | 15.01 | &nbsp;&nbsp;&nbsp;&nbsp;7.29<sup>7</sup> | &nbsp;&nbsp;0.39<sup>8</sup> | &nbsp;&nbsp;0.24<sup>8</sup> | &nbsp;&nbsp;&nbsp;0.75<sup>8</sup> | &nbsp;&nbsp;&nbsp;&nbsp;29 | 24 |
| 12-31-2024 | 12.86 | &nbsp;&nbsp;0.23 | &nbsp;&nbsp;1.30 | &nbsp;&nbsp;1.53 | (0.25) | (0.15) | (0.40) | 13.99 | &nbsp;&nbsp;11.92 | 0.38 | 0.24 | &nbsp;&nbsp;1.69 | &nbsp;&nbsp;&nbsp;&nbsp;27 | 13 |
| 12-31-2023 | 11.75 | &nbsp;&nbsp;0.23 | &nbsp;&nbsp;1.67 | &nbsp;&nbsp;1.90 | (0.25) | (0.54) | (0.79) | 12.86 | &nbsp;&nbsp;16.17 | 0.39 | 0.24 | &nbsp;&nbsp;1.82 | &nbsp;&nbsp;&nbsp;&nbsp;28 | 11 |
| 12-31-2022 | 16.31 | &nbsp;&nbsp;0.21 | (3.06) | (2.85) | (0.23) | (1.48) | (1.71) | 11.75 | (17.39) | 0.37 | 0.23 | &nbsp;&nbsp;1.48 | &nbsp;&nbsp;&nbsp;&nbsp;29 | 12 |
| 12-31-2021 | 15.80 | &nbsp;&nbsp;0.23 | &nbsp;&nbsp;2.02 | &nbsp;&nbsp;2.25 | (0.24) | (1.50) | (1.74) | 16.31 | &nbsp;&nbsp;14.24 | 0.34 | 0.21 | &nbsp;&nbsp;1.35 | &nbsp;&nbsp;&nbsp;&nbsp;41 | 24 |
| 12-31-2020 | 14.30 | &nbsp;&nbsp;0.18 | &nbsp;&nbsp;2.32 | &nbsp;&nbsp;2.50 | (0.19) | (0.81) | (1.00) | 15.80 | &nbsp;&nbsp;17.50 | 0.33 | 0.21 | &nbsp;&nbsp;1.29 | &nbsp;&nbsp;&nbsp;&nbsp;35 | 13 |
| **Class R2** | **Class R2** | **Class R2** | **Class R2** | **Class R2** | **Class R2** | **Class R2** | **Class R2** | **Class R2** | **Class R2** | **Class R2** | **Class R2** | **Class R2** | **Class R2** | **Class R2** |
| 06-30-2025<sup>6</sup> | 13.94 | &nbsp;&nbsp;0.03 | &nbsp;&nbsp;0.96 | &nbsp;&nbsp;0.99 | &nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;— | 14.93 | &nbsp;&nbsp;&nbsp;&nbsp;7.10<sup>7</sup> | &nbsp;&nbsp;0.78<sup>8</sup> | &nbsp;&nbsp;0.62<sup>8</sup> | &nbsp;&nbsp;&nbsp;0.36<sup>8</sup> | &nbsp;&nbsp;&nbsp;&nbsp;23 | 24 |
| 12-31-2024 | 12.82 | &nbsp;&nbsp;0.17 | &nbsp;&nbsp;1.30 | &nbsp;&nbsp;1.47 | (0.20) | (0.15) | (0.35) | 13.94 | &nbsp;&nbsp;11.46 | 0.76 | 0.63 | &nbsp;&nbsp;1.20 | &nbsp;&nbsp;&nbsp;&nbsp;23 | 13 |
| 12-31-2023 | 11.72 | &nbsp;&nbsp;0.18 | &nbsp;&nbsp;1.66 | &nbsp;&nbsp;1.84 | (0.20) | (0.54) | (0.74) | 12.82 | &nbsp;&nbsp;15.71 | 0.77 | 0.63 | &nbsp;&nbsp;1.47 | &nbsp;&nbsp;&nbsp;&nbsp;26 | 11 |
| 12-31-2022 | 16.27 | &nbsp;&nbsp;0.16 | (3.06) | (2.90) | (0.17) | (1.48) | (1.65) | 11.72 | (17.71) | 0.76 | 0.62 | &nbsp;&nbsp;1.15 | &nbsp;&nbsp;&nbsp;&nbsp;25 | 12 |
| 12-31-2021 | 15.76 | &nbsp;&nbsp;0.17 | &nbsp;&nbsp;2.01 | &nbsp;&nbsp;2.18 | (0.17) | (1.50) | (1.67) | 16.27 | &nbsp;&nbsp;13.85 | 0.72 | 0.60 | &nbsp;&nbsp;0.97 | &nbsp;&nbsp;&nbsp;&nbsp;31 | 24 |
| 12-31-2020 | 14.27 | &nbsp;&nbsp;0.25 | &nbsp;&nbsp;2.18 | &nbsp;&nbsp;2.43 | (0.13) | (0.81) | (0.94) | 15.76 | &nbsp;&nbsp;17.09 | 0.71 | 0.60 | &nbsp;&nbsp;1.71 | &nbsp;&nbsp;&nbsp;&nbsp;27 | 13 |
| **Class R4** | **Class R4** | **Class R4** | **Class R4** | **Class R4** | **Class R4** | **Class R4** | **Class R4** | **Class R4** | **Class R4** | **Class R4** | **Class R4** | **Class R4** | **Class R4** | **Class R4** |
| 06-30-2025<sup>6</sup> | 14.09 | &nbsp;&nbsp;0.04 | &nbsp;&nbsp;0.98 | &nbsp;&nbsp;1.02 | &nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;— | 15.11 | &nbsp;&nbsp;&nbsp;&nbsp;7.24<sup>7</sup> | &nbsp;&nbsp;0.63<sup>8</sup> | &nbsp;&nbsp;0.38<sup>8</sup> | &nbsp;&nbsp;&nbsp;0.60<sup>8</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3 | 24 |
| 12-31-2024 | 12.95 | &nbsp;&nbsp;0.23 | &nbsp;&nbsp;1.29 | &nbsp;&nbsp;1.52 | (0.23) | (0.15) | (0.38) | 14.09 | &nbsp;&nbsp;11.76 | 0.62 | 0.38 | &nbsp;&nbsp;1.62 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4 | 13 |
| 12-31-2023 | 11.83 | &nbsp;&nbsp;0.22 | &nbsp;&nbsp;1.67 | &nbsp;&nbsp;1.89 | (0.23) | (0.54) | (0.77) | 12.95 | &nbsp;&nbsp;15.98 | 0.63 | 0.39 | &nbsp;&nbsp;1.73 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3 | 11 |
| 12-31-2022 | 16.41 | &nbsp;&nbsp;0.18 | (3.07) | (2.89) | (0.21) | (1.48) | (1.69) | 11.83 | (17.54) | 0.62 | 0.38 | &nbsp;&nbsp;1.29 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3 | 12 |
| 12-31-2021 | 15.89 | &nbsp;&nbsp;0.21 | &nbsp;&nbsp;2.02 | &nbsp;&nbsp;2.23 | (0.21) | (1.50) | (1.71) | 16.41 | &nbsp;&nbsp;14.13 | 0.58 | 0.36 | &nbsp;&nbsp;1.18 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5 | 24 |
| 12-31-2020 | 14.37 | &nbsp;&nbsp;0.16 | &nbsp;&nbsp;2.34 | &nbsp;&nbsp;2.50 | (0.17) | (0.81) | (0.98) | 15.89 | &nbsp;&nbsp;17.34 | 0.57 | 0.36 | &nbsp;&nbsp;1.11 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5 | 13 |
| **Class R5** | **Class R5** | **Class R5** | **Class R5** | **Class R5** | **Class R5** | **Class R5** | **Class R5** | **Class R5** | **Class R5** | **Class R5** | **Class R5** | **Class R5** | **Class R5** | **Class R5** |
| 06-30-2025<sup>6</sup> | 14.14 | &nbsp;&nbsp;0.06 | &nbsp;&nbsp;0.98 | &nbsp;&nbsp;1.04 | &nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;— | 15.18 | &nbsp;&nbsp;&nbsp;&nbsp;7.36<sup>7</sup> | &nbsp;&nbsp;0.33<sup>8</sup> | &nbsp;&nbsp;0.18<sup>8</sup> | &nbsp;&nbsp;&nbsp;0.81<sup>8</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7 | 24 |
| 12-31-2024 | 13.00 | &nbsp;&nbsp;0.27 | &nbsp;&nbsp;1.28 | &nbsp;&nbsp;1.55 | (0.26) | (0.15) | (0.41) | 14.14 | &nbsp;&nbsp;11.93 | 0.32 | 0.18 | &nbsp;&nbsp;1.93 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8 | 13 |
| 12-31-2023 | 11.87 | &nbsp;&nbsp;0.22 | &nbsp;&nbsp;1.71 | &nbsp;&nbsp;1.93 | (0.26) | (0.54) | (0.80) | 13.00 | &nbsp;&nbsp;16.23 | 0.33 | 0.19 | &nbsp;&nbsp;1.72 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6 | 11 |
| 12-31-2022 | 16.46 | &nbsp;&nbsp;0.23 | (3.11) | (2.88) | (0.23) | (1.48) | (1.71) | 11.87 | (17.36) | 0.32 | 0.18 | &nbsp;&nbsp;1.64 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6 | 12 |
| 12-31-2021 | 15.93 | &nbsp;&nbsp;0.24 | &nbsp;&nbsp;2.04 | &nbsp;&nbsp;2.28 | (0.25) | (1.50) | (1.75) | 16.46 | &nbsp;&nbsp;14.31 | 0.28 | 0.16 | &nbsp;&nbsp;1.38 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7 | 24 |
| 12-31-2020 | 14.40 | &nbsp;&nbsp;0.18 | &nbsp;&nbsp;2.35 | &nbsp;&nbsp;2.53 | (0.19) | (0.81) | (1.00) | 15.93 | &nbsp;&nbsp;17.63 | 0.27 | 0.16 | &nbsp;&nbsp;1.27 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8 | 13 |
| **Class R6** | **Class R6** | **Class R6** | **Class R6** | **Class R6** | **Class R6** | **Class R6** | **Class R6** | **Class R6** | **Class R6** | **Class R6** | **Class R6** | **Class R6** | **Class R6** | **Class R6** |
| 06-30-2025<sup>6</sup> | 14.01 | &nbsp;&nbsp;0.06 | &nbsp;&nbsp;0.97 | &nbsp;&nbsp;1.03 | &nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;— | 15.04 | &nbsp;&nbsp;&nbsp;&nbsp;7.35<sup>7</sup> | &nbsp;&nbsp;0.28<sup>8</sup> | &nbsp;&nbsp;0.13<sup>8</sup> | &nbsp;&nbsp;&nbsp;0.86<sup>8</sup> | &nbsp;&nbsp;&nbsp;143 | 24 |
| 12-31-2024 | 12.88 | &nbsp;&nbsp;0.26 | &nbsp;&nbsp;1.29 | &nbsp;&nbsp;1.55 | (0.27) | (0.15) | (0.42) | 14.01 | &nbsp;&nbsp;12.01 | 0.27 | 0.13 | &nbsp;&nbsp;1.86 | &nbsp;&nbsp;&nbsp;134 | 13 |
| 12-31-2023 | 11.77 | &nbsp;&nbsp;0.25 | &nbsp;&nbsp;1.66 | &nbsp;&nbsp;1.91 | (0.26) | (0.54) | (0.80) | 12.88 | &nbsp;&nbsp;16.25 | 0.28 | 0.14 | &nbsp;&nbsp;1.98 | &nbsp;&nbsp;&nbsp;128 | 11 |
| 12-31-2022 | 16.33 | &nbsp;&nbsp;0.23 | (3.07) | (2.84) | (0.24) | (1.48) | (1.72) | 11.77 | (17.27) | 0.27 | 0.13 | &nbsp;&nbsp;1.64 | &nbsp;&nbsp;&nbsp;118 | 12 |
| 12-31-2021 | 15.82 | &nbsp;&nbsp;0.25 | &nbsp;&nbsp;2.02 | &nbsp;&nbsp;2.27 | (0.26) | (1.50) | (1.76) | 16.33 | &nbsp;&nbsp;14.33 | 0.23 | 0.11 | &nbsp;&nbsp;1.42 | &nbsp;&nbsp;&nbsp;135 | 24 |
| 12-31-2020 | 14.31 | &nbsp;&nbsp;0.18 | &nbsp;&nbsp;2.34 | &nbsp;&nbsp;2.52 | (0.20) | (0.81) | (1.01) | 15.82 | &nbsp;&nbsp;17.65 | 0.22 | 0.11 | &nbsp;&nbsp;1.28 | &nbsp;&nbsp;&nbsp;130 | 13 |
| **Class 1** | **Class 1** | **Class 1** | **Class 1** | **Class 1** | **Class 1** | **Class 1** | **Class 1** | **Class 1** | **Class 1** | **Class 1** | **Class 1** | **Class 1** | **Class 1** | **Class 1** |
| 06-30-2025<sup>6</sup> | 14.01 | &nbsp;&nbsp;0.06 | &nbsp;&nbsp;0.97 | &nbsp;&nbsp;1.03 | &nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;— | 15.04 | &nbsp;&nbsp;&nbsp;&nbsp;7.35<sup>7</sup> | &nbsp;&nbsp;0.33<sup>8</sup> | &nbsp;&nbsp;0.17<sup>8</sup> | &nbsp;&nbsp;&nbsp;0.81<sup>8</sup> | 5946 | 24 |
| 12-31-2024 | 12.88 | &nbsp;&nbsp;0.24 | &nbsp;&nbsp;1.30 | &nbsp;&nbsp;1.54 | (0.26) | (0.15) | (0.41) | 14.01 | &nbsp;&nbsp;11.96 | 0.32 | 0.18 | &nbsp;&nbsp;1.75 | 6008 | 13 |
| 12-31-2023 | 11.77 | &nbsp;&nbsp;0.24 | &nbsp;&nbsp;1.67 | &nbsp;&nbsp;1.91 | (0.26) | (0.54) | (0.80) | 12.88 | &nbsp;&nbsp;16.19 | 0.32 | 0.18 | &nbsp;&nbsp;1.91 | 6139 | 11 |
| 12-31-2022 | 16.34 | &nbsp;&nbsp;0.22 | (3.07) | (2.85) | (0.24) | (1.48) | (1.72) | 11.77 | (17.31) | 0.31 | 0.17 | &nbsp;&nbsp;1.57 | 5975 | 12 |
| 12-31-2021 | 15.82 | &nbsp;&nbsp;0.23 | &nbsp;&nbsp;2.04 | &nbsp;&nbsp;2.27 | (0.25) | (1.50) | (1.75) | 16.34 | &nbsp;&nbsp;14.29 | 0.27 | 0.15 | &nbsp;&nbsp;1.33 | 8114 | 24 |
| 12-31-2020 | 14.31 | &nbsp;&nbsp;0.19 | &nbsp;&nbsp;2.32 | &nbsp;&nbsp;2.51 | (0.19) | (0.81) | (1.00) | 15.82 | &nbsp;&nbsp;17.61 | 0.26 | 0.15 | &nbsp;&nbsp;1.32 | 8235 | 13 |

---

SEE NOTES TO FINANCIAL STATEMENTS \| JOHN HANCOCK MULTIMANAGER LIFESTYLE PORTFOLIOS 14

------

[**Table of Contents**](#JOB_JHF_I_be009a45-7972-4dc8-84b4-5fe415748d09_TofC)

Financial highlights continued

Multimanager Lifestyle Growth Portfolio (continued)

---

| | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| Per share operating performance for a share outstanding throughout each period | Per share operating performance for a share outstanding throughout each period | Per share operating performance for a share outstanding throughout each period | Per share operating performance for a share outstanding throughout each period | Per share operating performance for a share outstanding throughout each period | Per share operating performance for a share outstanding throughout each period | Per share operating performance for a share outstanding throughout each period | Per share operating performance for a share outstanding throughout each period | Per share operating performance for a share outstanding throughout each period | Per share operating performance for a share outstanding throughout each period | Per share operating performance for a share outstanding throughout each period |  | Ratios and supplemental data | Ratios and supplemental data | Ratios and supplemental data |
|  |  | Income (loss) from investment operations | Income (loss) from investment operations |  |  | Less distributions | Less distributions | Less distributions |  |  |  | Ratios to average net assets | Ratios to average net assets | Ratios to average net assets |
| Period ended | &nbsp;&nbsp;Net asset<br> value,<br> beginning<br> of period ($) | Net<br> investment<br> income<br> (loss) ($)<sup>1, 2</sup> | Net realized and<br> unrealized<br> gain (loss)<br> on investments ($) | Total from<br> investment<br> operations ($) | From net<br> investment<br> income ($) | From net<br> realized<br> gain ($) | Total<br> distributions ($) | Net asset<br> value,<br> end of<br> period ($) | Total<br> return<br> (%)<sup>3, 4</sup> | Expenses<br> before<br> reductions<br> (%)<sup>5</sup> | Expenses<br> including<br> reductions<br> (%)<sup>5</sup> | Net<br> investment<br> income<br> (loss) (%)<sup>2</sup> | Net<br> assets,<br> end of<br> period<br> (in millions) | Portfolio<br> turnover<br> (%) |
| Class 5 | Class 5 | Class 5 | Class 5 | Class 5 | Class 5 | Class 5 | Class 5 | Class 5 | Class 5 | Class 5 | Class 5 | Class 5 | Class 5 | Class 5 |
| 06-30-2025<sup>6</sup> | 13.98 | &nbsp;&nbsp;0.06 | &nbsp;&nbsp;0.97 | &nbsp;&nbsp;1.03 | &nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;— | 15.01 | &nbsp;&nbsp;&nbsp;&nbsp;7.37<sup>7</sup> | &nbsp;&nbsp;0.28<sup>8</sup> | &nbsp;&nbsp;0.12<sup>8</sup> | &nbsp;&nbsp;&nbsp;0.86<sup>8</sup> | &nbsp;&nbsp;&nbsp;416 | 24 |
| 12-31-2024 | 12.85 | &nbsp;&nbsp;0.25 | &nbsp;&nbsp;1.30 | &nbsp;&nbsp;1.55 | (0.27) | (0.15) | (0.42) | 13.98 | &nbsp;&nbsp;12.05 | 0.27 | 0.13 | &nbsp;&nbsp;1.84 | &nbsp;&nbsp;&nbsp;396 | 13 |
| 12-31-2023 | 11.74 | &nbsp;&nbsp;0.25 | &nbsp;&nbsp;1.66 | &nbsp;&nbsp;1.91 | (0.26) | (0.54) | (0.80) | 12.85 | &nbsp;&nbsp;16.29 | 0.27 | 0.13 | &nbsp;&nbsp;1.99 | &nbsp;&nbsp;&nbsp;373 | 11 |
| 12-31-2022 | 16.30 | &nbsp;&nbsp;0.23 | (3.07) | (2.84) | (0.24) | (1.48) | (1.72) | 11.74 | (17.31) | 0.26 | 0.12 | &nbsp;&nbsp;1.66 | &nbsp;&nbsp;&nbsp;338 | 12 |
| 12-31-2021 | 15.79 | &nbsp;&nbsp;0.25 | &nbsp;&nbsp;2.02 | &nbsp;&nbsp;2.27 | (0.26) | (1.50) | (1.76) | 16.30 | &nbsp;&nbsp;14.37 | 0.22 | 0.10 | &nbsp;&nbsp;1.43 | &nbsp;&nbsp;&nbsp;416 | 24 |
| 12-31-2020 | 14.28 | &nbsp;&nbsp;0.20 | &nbsp;&nbsp;2.32 | &nbsp;&nbsp;2.52 | (0.20) | (0.81) | (1.01) | 15.79 | &nbsp;&nbsp;17.70 | 0.21 | 0.10 | &nbsp;&nbsp;1.40 | &nbsp;&nbsp;&nbsp;373 | 13 |

---

&nbsp;&nbsp;&nbsp;&nbsp;

---

| |
|:---|
| <sup>1</sup> Based on average daily shares outstanding. |
| <sup>2</sup> Net investment income is affected by the timing and frequency of the declaration of dividends by the underlying funds in which the portfolio invests. |
| <sup>3</sup> Total returns would have been lower had certain expenses not been reduced during the applicable periods. |
| <sup>4</sup> Does not reflect the effect of sales charges, if any. |
| <sup>5</sup> Ratios do not include expenses indirectly incurred from underlying funds and can vary based on the mix of underlying funds held by the portfolio. |
| <sup>6</sup> Six months ended 6-30-25. Unaudited. |
| <sup>7</sup> Not annualized. |
| <sup>8</sup> Annualized. |
| <sup>9</sup> Less than $0.005 per share. |

---

15 JOHN HANCOCK MULTIMANAGER LIFESTYLE PORTFOLIOS \| SEE NOTES TO FINANCIAL STATEMENTS

------

[**Table of Contents**](#JOB_JHF_I_be009a45-7972-4dc8-84b4-5fe415748d09_TofC)

#### Multimanager Lifestyle Balanced Portfolio

---

| | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Per share operating performance for a share outstanding throughout each period** | **Per share operating performance for a share outstanding throughout each period** | **Per share operating performance for a share outstanding throughout each period** | **Per share operating performance for a share outstanding throughout each period** | **Per share operating performance for a share outstanding throughout each period** | **Per share operating performance for a share outstanding throughout each period** | **Per share operating performance for a share outstanding throughout each period** | **Per share operating performance for a share outstanding throughout each period** | **Per share operating performance for a share outstanding throughout each period** | **Per share operating performance for a share outstanding throughout each period** | **Per share operating performance for a share outstanding throughout each period** |  | **Ratios and supplemental data** | **Ratios and supplemental data** | **Ratios and supplemental data** |
|  |  | **Income (loss) from investment operations** | **Income (loss) from investment operations** |  |  | **Less distributions** | **Less distributions** | **Less distributions** |  |  |  | **Ratios to average net assets** | **Ratios to average net assets** | **Ratios to average net assets** |
| **Period ended** | &nbsp;&nbsp;**Net asset<br> value,<br> beginning<br> of period ($)** | **Net<br> investment<br> income<br> (loss) ($)<sup>1, 2</sup>** | **Net realized and<br> unrealized<br> gain (loss)<br> on investments ($)** | **Total from<br> investment<br> operations ($)** | **From net<br> investment<br> income ($)** | **From net<br> realized<br> gain ($)** | **Total<br> distributions ($)** | **Net asset<br> value,<br> end of<br> period ($)** | **Total<br> return<br> (%)<sup>3, 4</sup>** | **Expenses<br> before<br> reductions<br> (%)<sup>5</sup>** | **Expenses<br> including<br> reductions<br> (%)<sup>5</sup>** | **Net<br> investment<br> income<br> (loss) (%)<sup>2</sup>** | **Net<br> assets,<br> end of<br> period<br> (in millions)** | **Portfolio<br> turnover<br> (%)** |
| Multimanager Lifestyle Balanced Portfolio | Multimanager Lifestyle Balanced Portfolio | Multimanager Lifestyle Balanced Portfolio | Multimanager Lifestyle Balanced Portfolio | Multimanager Lifestyle Balanced Portfolio | Multimanager Lifestyle Balanced Portfolio | Multimanager Lifestyle Balanced Portfolio | Multimanager Lifestyle Balanced Portfolio | Multimanager Lifestyle Balanced Portfolio | Multimanager Lifestyle Balanced Portfolio | Multimanager Lifestyle Balanced Portfolio | Multimanager Lifestyle Balanced Portfolio | Multimanager Lifestyle Balanced Portfolio | Multimanager Lifestyle Balanced Portfolio | Multimanager Lifestyle Balanced Portfolio |
| **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** |
| 06-30-2025<sup>6</sup> | 13.44 | 0.09 | &nbsp;&nbsp;0.74 | &nbsp;&nbsp;0.83 | (0.09) | &nbsp;&nbsp;&nbsp;&nbsp;— | (0.09) | 14.18 | &nbsp;&nbsp;&nbsp;&nbsp;6.18<sup>7</sup> | &nbsp;&nbsp;0.69<sup>8</sup> | &nbsp;&nbsp;0.56<sup>8</sup> | &nbsp;&nbsp;1.38<sup>8</sup> | 1709 | 19 |
| 12-31-2024 | 12.61 | 0.28 | &nbsp;&nbsp;0.89 | &nbsp;&nbsp;1.17 | (0.29) | (0.05) | (0.34) | 13.44 | &nbsp;&nbsp;&nbsp;9.28 | 0.68 | 0.56 | 2.10 | 1720 | 14 |
| 12-31-2023 | 11.65 | 0.27 | &nbsp;&nbsp;1.30 | &nbsp;&nbsp;1.57 | (0.28) | (0.33) | (0.61) | 12.61 | &nbsp;&nbsp;13.51 | 0.70 | 0.57 | 2.19 | 1774 | 14 |
| 12-31-2022 | 15.57 | 0.26 | (2.81) | (2.55) | (0.27) | (1.10) | (1.37) | 11.65 | (16.33) | 0.68 | 0.56 | 1.92 | 1748 | 13 |
| 12-31-2021 | 15.44 | 0.24 | &nbsp;&nbsp;1.47 | &nbsp;&nbsp;1.71 | (0.26) | (1.32) | (1.58) | 15.57 | &nbsp;&nbsp;11.07 | 0.65 | 0.53 | 1.47 | 2281 | 30 |
| 12-31-2020 | 14.20 | 0.19 | &nbsp;&nbsp;1.91 | &nbsp;&nbsp;2.10 | (0.18) | (0.68) | (0.86) | 15.44 | &nbsp;&nbsp;14.95 | 0.64 | 0.52 | 1.31 | 2085 | 15 |
| **Class C** | **Class C** | **Class C** | **Class C** | **Class C** | **Class C** | **Class C** | **Class C** | **Class C** | **Class C** | **Class C** | **Class C** | **Class C** | **Class C** | **Class C** |
| 06-30-2025<sup>6</sup> | 13.43 | 0.05 | &nbsp;&nbsp;0.73 | &nbsp;&nbsp;0.78 | (0.04) | &nbsp;&nbsp;&nbsp;&nbsp;— | (0.04) | 14.17 | &nbsp;&nbsp;&nbsp;&nbsp;5.83<sup>7</sup> | &nbsp;&nbsp;1.39<sup>8</sup> | &nbsp;&nbsp;1.26<sup>8</sup> | &nbsp;&nbsp;0.67<sup>8</sup> | &nbsp;&nbsp;&nbsp;&nbsp;43 | 19 |
| 12-31-2024 | 12.60 | 0.17 | &nbsp;&nbsp;0.91 | &nbsp;&nbsp;1.08 | (0.20) | (0.05) | (0.25) | 13.43 | &nbsp;&nbsp;&nbsp;8.54 | 1.38 | 1.26 | 1.31 | &nbsp;&nbsp;&nbsp;&nbsp;48 | 14 |
| 12-31-2023 | 11.65 | 0.16 | &nbsp;&nbsp;1.31 | &nbsp;&nbsp;1.47 | (0.19) | (0.33) | (0.52) | 12.60 | &nbsp;&nbsp;12.64 | 1.39 | 1.27 | 1.33 | &nbsp;&nbsp;&nbsp;&nbsp;63 | 14 |
| 12-31-2022 | 15.56 | 0.15 | (2.79) | (2.64) | (0.17) | (1.10) | (1.27) | 11.65 | (16.89) | 1.38 | 1.26 | 1.08 | &nbsp;&nbsp;&nbsp;&nbsp;88 | 13 |
| 12-31-2021 | 15.44 | 0.10 | &nbsp;&nbsp;1.48 | &nbsp;&nbsp;1.58 | (0.14) | (1.32) | (1.46) | 15.56 | &nbsp;&nbsp;10.27 | 1.35 | 1.24 | 0.62 | &nbsp;&nbsp;&nbsp;170 | 30 |
| 12-31-2020 | 14.20 | 0.05 | &nbsp;&nbsp;1.95 | &nbsp;&nbsp;2.00 | (0.08) | (0.68) | (0.76) | 15.44 | &nbsp;&nbsp;14.15 | 1.34 | 1.24 | 0.34 | &nbsp;&nbsp;&nbsp;244 | 15 |
| **Class I** | **Class I** | **Class I** | **Class I** | **Class I** | **Class I** | **Class I** | **Class I** | **Class I** | **Class I** | **Class I** | **Class I** | **Class I** | **Class I** | **Class I** |
| 06-30-2025<sup>6</sup> | 13.31 | 0.11 | &nbsp;&nbsp;0.73 | &nbsp;&nbsp;0.84 | (0.11) | &nbsp;&nbsp;&nbsp;&nbsp;— | (0.11) | 14.04 | &nbsp;&nbsp;&nbsp;&nbsp;6.40<sup>7</sup> | &nbsp;&nbsp;0.39<sup>8</sup> | &nbsp;&nbsp;0.26<sup>8</sup> | &nbsp;&nbsp;1.68<sup>8</sup> | &nbsp;&nbsp;&nbsp;&nbsp;30 | 19 |
| 12-31-2024 | 12.48 | 0.32 | &nbsp;&nbsp;0.89 | &nbsp;&nbsp;1.21 | (0.33) | (0.05) | (0.38) | 13.31 | &nbsp;&nbsp;&nbsp;9.62 | 0.38 | 0.26 | 2.41 | &nbsp;&nbsp;&nbsp;&nbsp;27 | 14 |
| 12-31-2023 | 11.55 | 0.30 | &nbsp;&nbsp;1.27 | &nbsp;&nbsp;1.57 | (0.31) | (0.33) | (0.64) | 12.48 | &nbsp;&nbsp;13.79 | 0.39 | 0.27 | 2.44 | &nbsp;&nbsp;&nbsp;&nbsp;28 | 14 |
| 12-31-2022 | 15.45 | 0.30 | (2.79) | (2.49) | (0.31) | (1.10) | (1.41) | 11.55 | (16.13) | 0.38 | 0.26 | 2.21 | &nbsp;&nbsp;&nbsp;&nbsp;31 | 13 |
| 12-31-2021 | 15.33 | 0.30 | &nbsp;&nbsp;1.45 | &nbsp;&nbsp;1.75 | (0.31) | (1.32) | (1.63) | 15.45 | &nbsp;&nbsp;11.43 | 0.35 | 0.23 | 1.81 | &nbsp;&nbsp;&nbsp;&nbsp;43 | 30 |
| 12-31-2020 | 14.10 | 0.22 | &nbsp;&nbsp;1.91 | &nbsp;&nbsp;2.13 | (0.22) | (0.68) | (0.90) | 15.33 | &nbsp;&nbsp;15.33 | 0.34 | 0.22 | 1.55 | &nbsp;&nbsp;&nbsp;&nbsp;37 | 15 |
| **Class R2** | **Class R2** | **Class R2** | **Class R2** | **Class R2** | **Class R2** | **Class R2** | **Class R2** | **Class R2** | **Class R2** | **Class R2** | **Class R2** | **Class R2** | **Class R2** | **Class R2** |
| 06-30-2025<sup>6</sup> | 13.31 | 0.09 | &nbsp;&nbsp;0.73 | &nbsp;&nbsp;0.82 | (0.08) | &nbsp;&nbsp;&nbsp;&nbsp;— | (0.08) | 14.05 | &nbsp;&nbsp;&nbsp;&nbsp;6.20<sup>7</sup> | &nbsp;&nbsp;0.77<sup>8</sup> | &nbsp;&nbsp;0.63<sup>8</sup> | &nbsp;&nbsp;1.30<sup>8</sup> | &nbsp;&nbsp;&nbsp;&nbsp;16 | 19 |
| 12-31-2024 | 12.49 | 0.25 | &nbsp;&nbsp;0.90 | &nbsp;&nbsp;1.15 | (0.28) | (0.05) | (0.33) | 13.31 | &nbsp;&nbsp;&nbsp;9.21 | 0.76 | 0.64 | 1.91 | &nbsp;&nbsp;&nbsp;&nbsp;17 | 14 |
| 12-31-2023 | 11.55 | 0.26 | &nbsp;&nbsp;1.28 | &nbsp;&nbsp;1.54 | (0.27) | (0.33) | (0.60) | 12.49 | &nbsp;&nbsp;13.36 | 0.77 | 0.65 | 2.11 | &nbsp;&nbsp;&nbsp;&nbsp;21 | 14 |
| 12-31-2022 | 15.46 | 0.25 | (2.80) | (2.55) | (0.26) | (1.10) | (1.36) | 11.55 | (16.46) | 0.78 | 0.65 | 1.83 | &nbsp;&nbsp;&nbsp;&nbsp;20 | 13 |
| 12-31-2021 | 15.34 | 0.23 | &nbsp;&nbsp;1.45 | &nbsp;&nbsp;1.68 | (0.24) | (1.32) | (1.56) | 15.46 | &nbsp;&nbsp;11.01 | 0.72 | 0.61 | 1.42 | &nbsp;&nbsp;&nbsp;&nbsp;26 | 30 |
| 12-31-2020 | 14.11 | 0.27 | &nbsp;&nbsp;1.81 | &nbsp;&nbsp;2.08 | (0.17) | (0.68) | (0.85) | 15.34 | &nbsp;&nbsp;14.95 | 0.70 | 0.60 | 1.90 | &nbsp;&nbsp;&nbsp;&nbsp;23 | 15 |
| **Class R4** | **Class R4** | **Class R4** | **Class R4** | **Class R4** | **Class R4** | **Class R4** | **Class R4** | **Class R4** | **Class R4** | **Class R4** | **Class R4** | **Class R4** | **Class R4** | **Class R4** |
| 06-30-2025<sup>6</sup> | 13.39 | 0.10 | &nbsp;&nbsp;0.74 | &nbsp;&nbsp;0.84 | (0.10) | &nbsp;&nbsp;&nbsp;&nbsp;— | (0.10) | 14.13 | &nbsp;&nbsp;&nbsp;&nbsp;6.29<sup>7</sup> | &nbsp;&nbsp;0.60<sup>8</sup> | &nbsp;&nbsp;0.37<sup>8</sup> | &nbsp;&nbsp;1.54<sup>8</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4 | 19 |
| 12-31-2024 | 12.56 | 0.30 | &nbsp;&nbsp;0.89 | &nbsp;&nbsp;1.19 | (0.31) | (0.05) | (0.36) | 13.39 | &nbsp;&nbsp;&nbsp;9.50 | 0.63 | 0.41 | 2.25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5 | 14 |
| 12-31-2023 | 11.61 | 0.29 | &nbsp;&nbsp;1.28 | &nbsp;&nbsp;1.57 | (0.29) | (0.33) | (0.62) | 12.56 | &nbsp;&nbsp;13.64 | 0.63 | 0.41 | 2.35 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5 | 14 |
| 12-31-2022 | 15.53 | 0.28 | (2.81) | (2.53) | (0.29) | (1.10) | (1.39) | 11.61 | (16.24) | 0.63 | 0.40 | 2.06 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6 | 13 |
| 12-31-2021 | 15.40 | 0.27 | &nbsp;&nbsp;1.46 | &nbsp;&nbsp;1.73 | (0.28) | (1.32) | (1.60) | 15.53 | &nbsp;&nbsp;11.28 | 0.59 | 0.38 | 1.61 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8 | 30 |
| 12-31-2020 | 14.17 | 0.20 | &nbsp;&nbsp;1.91 | &nbsp;&nbsp;2.11 | (0.20) | (0.68) | (0.88) | 15.40 | &nbsp;&nbsp;15.08 | 0.57 | 0.37 | 1.41 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8 | 15 |
| **Class R5** | **Class R5** | **Class R5** | **Class R5** | **Class R5** | **Class R5** | **Class R5** | **Class R5** | **Class R5** | **Class R5** | **Class R5** | **Class R5** | **Class R5** | **Class R5** | **Class R5** |
| 06-30-2025<sup>6</sup> | 13.42 | 0.12 | &nbsp;&nbsp;0.74 | &nbsp;&nbsp;0.86 | (0.11) | &nbsp;&nbsp;&nbsp;&nbsp;— | (0.11) | 14.17 | &nbsp;&nbsp;&nbsp;&nbsp;6.45<sup>7</sup> | &nbsp;&nbsp;0.33<sup>8</sup> | &nbsp;&nbsp;0.20<sup>8</sup> | &nbsp;&nbsp;1.71<sup>8</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8 | 19 |
| 12-31-2024 | 12.59 | 0.32 | &nbsp;&nbsp;0.90 | &nbsp;&nbsp;1.22 | (0.34) | (0.05) | (0.39) | 13.42 | &nbsp;&nbsp;&nbsp;9.68 | 0.32 | 0.20 | 2.38 | &nbsp;&nbsp;&nbsp;&nbsp;10 | 14 |
| 12-31-2023 | 11.64 | 0.30 | &nbsp;&nbsp;1.30 | &nbsp;&nbsp;1.60 | (0.32) | (0.33) | (0.65) | 12.59 | &nbsp;&nbsp;13.82 | 0.33 | 0.21 | 2.44 | &nbsp;&nbsp;&nbsp;&nbsp;12 | 14 |
| 12-31-2022 | 15.56 | 0.32 | (2.82) | (2.50) | (0.32) | (1.10) | (1.42) | 11.64 | (16.02) | 0.32 | 0.20 | 2.33 | &nbsp;&nbsp;&nbsp;&nbsp;14 | 13 |
| 12-31-2021 | 15.43 | 0.30 | &nbsp;&nbsp;1.46 | &nbsp;&nbsp;1.76 | (0.31) | (1.32) | (1.63) | 15.56 | &nbsp;&nbsp;11.47 | 0.29 | 0.18 | 1.80 | &nbsp;&nbsp;&nbsp;&nbsp;17 | 30 |
| 12-31-2020 | 14.19 | 0.23 | &nbsp;&nbsp;1.92 | &nbsp;&nbsp;2.15 | (0.23) | (0.68) | (0.91) | 15.43 | &nbsp;&nbsp;15.36 | 0.27 | 0.17 | 1.65 | &nbsp;&nbsp;&nbsp;&nbsp;16 | 15 |
| **Class R6** | **Class R6** | **Class R6** | **Class R6** | **Class R6** | **Class R6** | **Class R6** | **Class R6** | **Class R6** | **Class R6** | **Class R6** | **Class R6** | **Class R6** | **Class R6** | **Class R6** |
| 06-30-2025<sup>6</sup> | 13.29 | 0.12 | &nbsp;&nbsp;0.74 | &nbsp;&nbsp;0.86 | (0.12) | &nbsp;&nbsp;&nbsp;&nbsp;— | (0.12) | 14.03 | &nbsp;&nbsp;&nbsp;&nbsp;6.46<sup>7</sup> | &nbsp;&nbsp;0.28<sup>8</sup> | &nbsp;&nbsp;0.15<sup>8</sup> | &nbsp;&nbsp;1.79<sup>8</sup> | &nbsp;&nbsp;&nbsp;149 | 19 |
| 12-31-2024 | 12.47 | 0.33 | &nbsp;&nbsp;0.88 | &nbsp;&nbsp;1.21 | (0.34) | (0.05) | (0.39) | 13.29 | &nbsp;&nbsp;&nbsp;9.74 | 0.27 | 0.15 | 2.54 | &nbsp;&nbsp;&nbsp;136 | 14 |
| 12-31-2023 | 11.54 | 0.32 | &nbsp;&nbsp;1.26 | &nbsp;&nbsp;1.58 | (0.32) | (0.33) | (0.65) | 12.47 | &nbsp;&nbsp;13.83 | 0.28 | 0.16 | 2.67 | &nbsp;&nbsp;&nbsp;132 | 14 |
| 12-31-2022 | 15.44 | 0.32 | (2.80) | (2.48) | (0.32) | (1.10) | (1.42) | 11.54 | (15.97) | 0.28 | 0.15 | 2.35 | &nbsp;&nbsp;&nbsp;119 | 13 |
| 12-31-2021 | 15.32 | 0.31 | &nbsp;&nbsp;1.45 | &nbsp;&nbsp;1.76 | (0.32) | (1.32) | (1.64) | 15.44 | &nbsp;&nbsp;11.54 | 0.24 | 0.13 | 1.91 | &nbsp;&nbsp;&nbsp;119 | 30 |
| 12-31-2020 | 14.10 | 0.22 | &nbsp;&nbsp;1.92 | &nbsp;&nbsp;2.14 | (0.24) | (0.68) | (0.92) | 15.32 | &nbsp;&nbsp;15.37 | 0.22 | 0.13 | 1.56 | &nbsp;&nbsp;&nbsp;126 | 15 |
| **Class 1** | **Class 1** | **Class 1** | **Class 1** | **Class 1** | **Class 1** | **Class 1** | **Class 1** | **Class 1** | **Class 1** | **Class 1** | **Class 1** | **Class 1** | **Class 1** | **Class 1** |
| 06-30-2025<sup>6</sup> | 13.29 | 0.12 | &nbsp;&nbsp;0.73 | &nbsp;&nbsp;0.85 | (0.11) | &nbsp;&nbsp;&nbsp;&nbsp;— | (0.11) | 14.03 | &nbsp;&nbsp;&nbsp;&nbsp;6.44<sup>7</sup> | &nbsp;&nbsp;0.33<sup>8</sup> | &nbsp;&nbsp;0.20<sup>8</sup> | &nbsp;&nbsp;1.74<sup>8</sup> | 5282 | 19 |
| 12-31-2024 | 12.47 | 0.32 | &nbsp;&nbsp;0.89 | &nbsp;&nbsp;1.21 | (0.34) | (0.05) | (0.39) | 13.29 | &nbsp;&nbsp;&nbsp;9.70 | 0.32 | 0.20 | 2.46 | 5382 | 14 |
| 12-31-2023 | 11.53 | 0.31 | &nbsp;&nbsp;1.28 | &nbsp;&nbsp;1.59 | (0.32) | (0.33) | (0.65) | 12.47 | &nbsp;&nbsp;13.87 | 0.33 | 0.21 | 2.55 | 5619 | 14 |
| 12-31-2022 | 15.43 | 0.31 | (2.79) | (2.48) | (0.32) | (1.10) | (1.42) | 11.53 | (16.03) | 0.32 | 0.20 | 2.27 | 5540 | 13 |
| 12-31-2021 | 15.31 | 0.29 | &nbsp;&nbsp;1.46 | &nbsp;&nbsp;1.75 | (0.31) | (1.32) | (1.63) | 15.43 | &nbsp;&nbsp;11.50 | 0.28 | 0.17 | 1.79 | 7529 | 30 |
| 12-31-2020 | 14.09 | 0.23 | &nbsp;&nbsp;1.90 | &nbsp;&nbsp;2.13 | (0.23) | (0.68) | (0.91) | 15.31 | &nbsp;&nbsp;15.33 | 0.26 | 0.16 | 1.61 | 7795 | 15 |

---

SEE NOTES TO FINANCIAL STATEMENTS \| JOHN HANCOCK MULTIMANAGER LIFESTYLE PORTFOLIOS 16

------

[**Table of Contents**](#JOB_JHF_I_be009a45-7972-4dc8-84b4-5fe415748d09_TofC)

Financial highlights continued

Multimanager Lifestyle Balanced Portfolio (continued)

---

| | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| Per share operating performance for a share outstanding throughout each period | Per share operating performance for a share outstanding throughout each period | Per share operating performance for a share outstanding throughout each period | Per share operating performance for a share outstanding throughout each period | Per share operating performance for a share outstanding throughout each period | Per share operating performance for a share outstanding throughout each period | Per share operating performance for a share outstanding throughout each period | Per share operating performance for a share outstanding throughout each period | Per share operating performance for a share outstanding throughout each period | Per share operating performance for a share outstanding throughout each period | Per share operating performance for a share outstanding throughout each period |  | Ratios and supplemental data | Ratios and supplemental data | Ratios and supplemental data |
|  |  | Income (loss) from investment operations | Income (loss) from investment operations |  |  | Less distributions | Less distributions | Less distributions |  |  |  | Ratios to average net assets | Ratios to average net assets | Ratios to average net assets |
| Period ended | &nbsp;&nbsp;Net asset<br> value,<br> beginning<br> of period ($) | Net<br> investment<br> income<br> (loss) ($)<sup>1, 2</sup> | Net realized and<br> unrealized<br> gain (loss)<br> on investments ($) | Total from<br> investment<br> operations ($) | From net<br> investment<br> income ($) | From net<br> realized<br> gain ($) | Total<br> distributions ($) | Net asset<br> value,<br> end of<br> period ($) | Total<br> return<br> (%)<sup>3, 4</sup> | Expenses<br> before<br> reductions<br> (%)<sup>5</sup> | Expenses<br> including<br> reductions<br> (%)<sup>5</sup> | Net<br> investment<br> income<br> (loss) (%)<sup>2</sup> | Net<br> assets,<br> end of<br> period<br> (in millions) | Portfolio<br> turnover<br> (%) |
| Class 5 | Class 5 | Class 5 | Class 5 | Class 5 | Class 5 | Class 5 | Class 5 | Class 5 | Class 5 | Class 5 | Class 5 | Class 5 | Class 5 | Class 5 |
| 06-30-2025<sup>6</sup> | 13.30 | 0.12 | &nbsp;&nbsp;0.74 | &nbsp;&nbsp;0.86 | (0.12) | &nbsp;&nbsp;&nbsp;&nbsp;— | (0.12) | 14.04 | &nbsp;&nbsp;&nbsp;&nbsp;6.46<sup>7</sup> | &nbsp;&nbsp;0.28<sup>8</sup> | &nbsp;&nbsp;0.15<sup>8</sup> | &nbsp;&nbsp;1.79<sup>8</sup> | &nbsp;&nbsp;&nbsp;165 | 19 |
| 12-31-2024 | 12.48 | 0.33 | &nbsp;&nbsp;0.88 | &nbsp;&nbsp;1.21 | (0.34) | (0.05) | (0.39) | 13.30 | &nbsp;&nbsp;&nbsp;9.74 | 0.27 | 0.15 | 2.52 | &nbsp;&nbsp;&nbsp;160 | 14 |
| 12-31-2023 | 11.54 | 0.32 | &nbsp;&nbsp;1.28 | &nbsp;&nbsp;1.60 | (0.33) | (0.33) | (0.66) | 12.48 | &nbsp;&nbsp;13.92 | 0.28 | 0.16 | 2.62 | &nbsp;&nbsp;&nbsp;157 | 14 |
| 12-31-2022 | 15.44 | 0.32 | (2.79) | (2.47) | (0.33) | (1.10) | (1.43) | 11.54 | (15.97) | 0.27 | 0.15 | 2.34 | &nbsp;&nbsp;&nbsp;147 | 13 |
| 12-31-2021 | 15.32 | 0.31 | &nbsp;&nbsp;1.45 | &nbsp;&nbsp;1.76 | (0.32) | (1.32) | (1.64) | 15.44 | &nbsp;&nbsp;11.55 | 0.23 | 0.12 | 1.88 | &nbsp;&nbsp;&nbsp;185 | 30 |
| 12-31-2020 | 14.10 | 0.24 | &nbsp;&nbsp;1.90 | &nbsp;&nbsp;2.14 | (0.24) | (0.68) | (0.92) | 15.32 | &nbsp;&nbsp;15.39 | 0.21 | 0.11 | 1.68 | &nbsp;&nbsp;&nbsp;170 | 15 |

---

&nbsp;&nbsp;&nbsp;&nbsp;

---

| |
|:---|
| <sup>1</sup> Based on average daily shares outstanding. |
| <sup>2</sup> Net investment income is affected by the timing and frequency of the declaration of dividends by the underlying funds in which the portfolio invests. |
| <sup>3</sup> Total returns would have been lower had certain expenses not been reduced during the applicable periods. |
| <sup>4</sup> Does not reflect the effect of sales charges, if any. |
| <sup>5</sup> Ratios do not include expenses indirectly incurred from underlying funds and can vary based on the mix of underlying funds held by the portfolio. |
| <sup>6</sup> Six months ended 6-30-25. Unaudited. |
| <sup>7</sup> Not annualized. |
| <sup>8</sup> Annualized. |

---

17 JOHN HANCOCK MULTIMANAGER LIFESTYLE PORTFOLIOS \| SEE NOTES TO FINANCIAL STATEMENTS

------

[**Table of Contents**](#JOB_JHF_I_be009a45-7972-4dc8-84b4-5fe415748d09_TofC)

#### Multimanager Lifestyle Moderate Portfolio

---

| | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Per share operating performance for a share outstanding throughout each period** | **Per share operating performance for a share outstanding throughout each period** | **Per share operating performance for a share outstanding throughout each period** | **Per share operating performance for a share outstanding throughout each period** | **Per share operating performance for a share outstanding throughout each period** | **Per share operating performance for a share outstanding throughout each period** | **Per share operating performance for a share outstanding throughout each period** | **Per share operating performance for a share outstanding throughout each period** | **Per share operating performance for a share outstanding throughout each period** | **Per share operating performance for a share outstanding throughout each period** | **Per share operating performance for a share outstanding throughout each period** |  | **Ratios and supplemental data** | **Ratios and supplemental data** | **Ratios and supplemental data** |
|  |  | **Income (loss) from investment operations** | **Income (loss) from investment operations** |  |  | **Less distributions** | **Less distributions** | **Less distributions** |  |  |  | **Ratios to average net assets** | **Ratios to average net assets** | **Ratios to average net assets** |
| **Period ended** | &nbsp;&nbsp;**Net asset<br> value,<br> beginning<br> of period ($)** | **Net<br> investment<br> income<br> (loss) ($)<sup>1, 2</sup>** | **Net realized and<br> unrealized<br> gain (loss)<br> on investments ($)** | **Total from<br> investment<br> operations ($)** | **From net<br> investment<br> income ($)** | **From net<br> realized<br> gain ($)** | **Total<br> distributions ($)** | **Net asset<br> value,<br> end of<br> period ($)** | **Total<br> return<br> (%)<sup>3, 4</sup>** | **Expenses<br> before<br> reductions<br> (%)<sup>5</sup>** | **Expenses<br> including<br> reductions<br> (%)<sup>5</sup>** | **Net<br> investment<br> income<br> (loss) (%)<sup>2</sup>** | **Net<br> assets,<br> end of<br> period<br> (in millions)** | **Portfolio<br> turnover<br> (%)** |
| Multimanager Lifestyle Moderate Portfolio | Multimanager Lifestyle Moderate Portfolio | Multimanager Lifestyle Moderate Portfolio | Multimanager Lifestyle Moderate Portfolio | Multimanager Lifestyle Moderate Portfolio | Multimanager Lifestyle Moderate Portfolio | Multimanager Lifestyle Moderate Portfolio | Multimanager Lifestyle Moderate Portfolio | Multimanager Lifestyle Moderate Portfolio | Multimanager Lifestyle Moderate Portfolio | Multimanager Lifestyle Moderate Portfolio | Multimanager Lifestyle Moderate Portfolio | Multimanager Lifestyle Moderate Portfolio | Multimanager Lifestyle Moderate Portfolio | Multimanager Lifestyle Moderate Portfolio |
| **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** |
| 06-30-2025<sup>6</sup> | 12.26 | 0.14 | &nbsp;&nbsp;0.52 | &nbsp;&nbsp;0.66 | (0.14) | &nbsp;&nbsp;&nbsp;&nbsp;— | (0.14) | 12.78 | &nbsp;&nbsp;&nbsp;&nbsp;5.38<sup>7</sup> | &nbsp;&nbsp;0.70<sup>8</sup> | &nbsp;&nbsp;0.58<sup>8</sup> | &nbsp;&nbsp;2.31<sup>8</sup> | &nbsp;&nbsp;&nbsp;626 | 16 |
| 12-31-2024 | 11.80 | 0.35 | &nbsp;&nbsp;0.49 | &nbsp;&nbsp;0.84 | (0.36) | (0.02) | (0.38) | 12.26 | &nbsp;&nbsp;&nbsp;7.18 | 0.68 | 0.58 | 2.88 | &nbsp;&nbsp;&nbsp;629 | 14 |
| 12-31-2023 | 11.09 | 0.33 | &nbsp;&nbsp;0.89 | &nbsp;&nbsp;1.22 | (0.34) | (0.17) | (0.51) | 11.80 | &nbsp;&nbsp;11.11 | 0.69 | 0.59 | 2.89 | &nbsp;&nbsp;&nbsp;669 | 14 |
| 12-31-2022 | 14.05 | 0.32 | (2.30) | (1.98) | (0.33) | (0.65) | (0.98) | 11.09 | (14.07) | 0.68 | 0.57 | 2.59 | &nbsp;&nbsp;&nbsp;670 | 14 |
| 12-31-2021 | 14.16 | 0.29 | &nbsp;&nbsp;0.76 | &nbsp;&nbsp;1.05 | (0.28) | (0.88) | (1.16) | 14.05 | &nbsp;&nbsp;&nbsp;7.46 | 0.65 | 0.56 | 1.93 | &nbsp;&nbsp;&nbsp;867 | 31 |
| 12-31-2020 | 13.29 | 0.21 | &nbsp;&nbsp;1.34 | &nbsp;&nbsp;1.55 | (0.21) | (0.47) | (0.68) | 14.16 | &nbsp;&nbsp;11.83 | 0.64 | 0.55 | 1.61 | &nbsp;&nbsp;&nbsp;778 | 15 |
| **Class C** | **Class C** | **Class C** | **Class C** | **Class C** | **Class C** | **Class C** | **Class C** | **Class C** | **Class C** | **Class C** | **Class C** | **Class C** | **Class C** | **Class C** |
| 06-30-2025<sup>6</sup> | 12.35 | 0.10 | &nbsp;&nbsp;0.51 | &nbsp;&nbsp;0.61 | (0.09) | &nbsp;&nbsp;&nbsp;&nbsp;— | (0.09) | 12.87 | &nbsp;&nbsp;&nbsp;&nbsp;5.07<sup>7</sup> | &nbsp;&nbsp;1.40<sup>8</sup> | &nbsp;&nbsp;1.29<sup>8</sup> | &nbsp;&nbsp;1.59<sup>8</sup> | &nbsp;&nbsp;&nbsp;&nbsp;20 | 16 |
| 12-31-2024 | 11.88 | 0.26 | &nbsp;&nbsp;0.51 | &nbsp;&nbsp;0.77 | (0.28) | (0.02) | (0.30) | 12.35 | &nbsp;&nbsp;&nbsp;6.40 | 1.38 | 1.29 | 2.11 | &nbsp;&nbsp;&nbsp;&nbsp;23 | 14 |
| 12-31-2023 | 11.16 | 0.24 | &nbsp;&nbsp;0.91 | &nbsp;&nbsp;1.15 | (0.26) | (0.17) | (0.43) | 11.88 | &nbsp;&nbsp;10.37 | 1.39 | 1.29 | 2.08 | &nbsp;&nbsp;&nbsp;&nbsp;30 | 14 |
| 12-31-2022 | 14.13 | 0.22 | (2.30) | (2.08) | (0.24) | (0.65) | (0.89) | 11.16 | (14.68) | 1.38 | 1.28 | 1.77 | &nbsp;&nbsp;&nbsp;&nbsp;40 | 14 |
| 12-31-2021 | 14.24 | 0.16 | &nbsp;&nbsp;0.79 | &nbsp;&nbsp;0.95 | (0.18) | (0.88) | (1.06) | 14.13 | &nbsp;&nbsp;&nbsp;6.68 | 1.35 | 1.26 | 1.08 | &nbsp;&nbsp;&nbsp;&nbsp;72 | 31 |
| 12-31-2020 | 13.36 | 0.09 | &nbsp;&nbsp;1.38 | &nbsp;&nbsp;1.47 | (0.12) | (0.47) | (0.59) | 14.24 | &nbsp;&nbsp;11.05 | 1.34 | 1.26 | 0.69 | &nbsp;&nbsp;&nbsp;105 | 15 |
| **Class I** | **Class I** | **Class I** | **Class I** | **Class I** | **Class I** | **Class I** | **Class I** | **Class I** | **Class I** | **Class I** | **Class I** | **Class I** | **Class I** | **Class I** |
| 06-30-2025<sup>6</sup> | 12.15 | 0.16 | &nbsp;&nbsp;0.52 | &nbsp;&nbsp;0.68 | (0.16) | &nbsp;&nbsp;&nbsp;&nbsp;— | (0.16) | 12.67 | &nbsp;&nbsp;&nbsp;&nbsp;5.58<sup>7</sup> | &nbsp;&nbsp;0.40<sup>8</sup> | &nbsp;&nbsp;0.28<sup>8</sup> | &nbsp;&nbsp;2.62<sup>8</sup> | &nbsp;&nbsp;&nbsp;&nbsp;19 | 16 |
| 12-31-2024 | 11.69 | 0.39 | &nbsp;&nbsp;0.49 | &nbsp;&nbsp;0.88 | (0.40) | (0.02) | (0.42) | 12.15 | &nbsp;&nbsp;&nbsp;7.57 | 0.38 | 0.28 | 3.24 | &nbsp;&nbsp;&nbsp;&nbsp;18 | 14 |
| 12-31-2023 | 10.99 | 0.36 | &nbsp;&nbsp;0.89 | &nbsp;&nbsp;1.25 | (0.38) | (0.17) | (0.55) | 11.69 | &nbsp;&nbsp;11.45 | 0.39 | 0.29 | 3.18 | &nbsp;&nbsp;&nbsp;&nbsp;15 | 14 |
| 12-31-2022 | 13.94 | 0.36 | (2.29) | (1.93) | (0.37) | (0.65) | (1.02) | 10.99 | (13.84) | 0.38 | 0.27 | 2.95 | &nbsp;&nbsp;&nbsp;&nbsp;15 | 14 |
| 12-31-2021 | 14.06 | 0.34 | &nbsp;&nbsp;0.75 | &nbsp;&nbsp;1.09 | (0.33) | (0.88) | (1.21) | 13.94 | &nbsp;&nbsp;&nbsp;7.77 | 0.35 | 0.26 | 2.31 | &nbsp;&nbsp;&nbsp;&nbsp;15 | 31 |
| 12-31-2020 | 13.20 | 0.24 | &nbsp;&nbsp;1.34 | &nbsp;&nbsp;1.58 | (0.25) | (0.47) | (0.72) | 14.06 | &nbsp;&nbsp;12.17 | 0.34 | 0.25 | 1.83 | &nbsp;&nbsp;&nbsp;&nbsp;11 | 15 |
| **Class R2** | **Class R2** | **Class R2** | **Class R2** | **Class R2** | **Class R2** | **Class R2** | **Class R2** | **Class R2** | **Class R2** | **Class R2** | **Class R2** | **Class R2** | **Class R2** | **Class R2** |
| 06-30-2025<sup>6</sup> | 12.21 | 0.14 | &nbsp;&nbsp;0.51 | &nbsp;&nbsp;0.65 | (0.13) | &nbsp;&nbsp;&nbsp;&nbsp;— | (0.13) | 12.73 | &nbsp;&nbsp;&nbsp;&nbsp;5.36<sup>7</sup> | &nbsp;&nbsp;0.77<sup>8</sup> | &nbsp;&nbsp;0.66<sup>8</sup> | &nbsp;&nbsp;2.24<sup>8</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7 | 16 |
| 12-31-2024 | 11.75 | 0.34 | &nbsp;&nbsp;0.49 | &nbsp;&nbsp;0.83 | (0.35) | (0.02) | (0.37) | 12.21 | &nbsp;&nbsp;&nbsp;7.12 | 0.77 | 0.68 | 2.76 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7 | 14 |
| 12-31-2023 | 11.05 | 0.32 | &nbsp;&nbsp;0.88 | &nbsp;&nbsp;1.20 | (0.33) | (0.17) | (0.50) | 11.75 | &nbsp;&nbsp;11.06 | 0.78 | 0.68 | 2.82 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8 | 14 |
| 12-31-2022 | 14.00 | 0.31 | (2.29) | (1.98) | (0.32) | (0.65) | (0.97) | 11.05 | (14.20) | 0.78 | 0.69 | 2.47 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8 | 14 |
| 12-31-2021 | 14.11 | 0.28 | &nbsp;&nbsp;0.76 | &nbsp;&nbsp;1.04 | (0.27) | (0.88) | (1.15) | 14.00 | &nbsp;&nbsp;&nbsp;7.39 | 0.73 | 0.64 | 1.87 | &nbsp;&nbsp;&nbsp;&nbsp;10 | 31 |
| 12-31-2020 | 13.24 | 0.29 | &nbsp;&nbsp;1.25 | &nbsp;&nbsp;1.54 | (0.20) | (0.47) | (0.67) | 14.11 | &nbsp;&nbsp;11.77 | 0.72 | 0.64 | 2.15 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9 | 15 |
| **Class R4** | **Class R4** | **Class R4** | **Class R4** | **Class R4** | **Class R4** | **Class R4** | **Class R4** | **Class R4** | **Class R4** | **Class R4** | **Class R4** | **Class R4** | **Class R4** | **Class R4** |
| 06-30-2025<sup>6</sup> | 12.16 | 0.15 | &nbsp;&nbsp;0.52 | &nbsp;&nbsp;0.67 | (0.15) | &nbsp;&nbsp;&nbsp;&nbsp;— | (0.15) | 12.68 | &nbsp;&nbsp;&nbsp;&nbsp;5.51<sup>7</sup> | &nbsp;&nbsp;0.62<sup>8</sup> | &nbsp;&nbsp;0.41<sup>8</sup> | &nbsp;&nbsp;2.44<sup>8</sup> | &nbsp;&nbsp;&nbsp;&nbsp;—<sup>9</sup> | 16 |
| 12-31-2024 | 11.71 | 0.35 | &nbsp;&nbsp;0.51 | &nbsp;&nbsp;0.86 | (0.39) | (0.02) | (0.41) | 12.16 | &nbsp;&nbsp;&nbsp;7.34 | 0.62 | 0.42 | 2.89 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1 | 14 |
| 12-31-2023 | 11.01 | 0.35 | &nbsp;&nbsp;0.88 | &nbsp;&nbsp;1.23 | (0.36) | (0.17) | (0.53) | 11.71 | &nbsp;&nbsp;11.30 | 0.63 | 0.43 | 3.05 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1 | 14 |
| 12-31-2022 | 13.96 | 0.30 | (2.25) | (1.95) | (0.35) | (0.65) | (1.00) | 11.01 | (13.95) | 0.62 | 0.42 | 2.40 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1 | 14 |
| 12-31-2021 | 14.07 | 0.30 | &nbsp;&nbsp;0.77 | &nbsp;&nbsp;1.07 | (0.30) | (0.88) | (1.18) | 13.96 | &nbsp;&nbsp;&nbsp;7.68 | 0.59 | 0.40 | 2.05 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3 | 31 |
| 12-31-2020 | 13.21 | 0.23 | &nbsp;&nbsp;1.33 | &nbsp;&nbsp;1.56 | (0.23) | (0.47) | (0.70) | 14.07 | &nbsp;&nbsp;12.00 | 0.58 | 0.40 | 1.70 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3 | 15 |
| **Class R5** | **Class R5** | **Class R5** | **Class R5** | **Class R5** | **Class R5** | **Class R5** | **Class R5** | **Class R5** | **Class R5** | **Class R5** | **Class R5** | **Class R5** | **Class R5** | **Class R5** |
| 06-30-2025<sup>6</sup> | 12.16 | 0.16 | &nbsp;&nbsp;0.52 | &nbsp;&nbsp;0.68 | (0.16) | &nbsp;&nbsp;&nbsp;&nbsp;— | (0.16) | 12.68 | &nbsp;&nbsp;&nbsp;&nbsp;5.61<sup>7</sup> | &nbsp;&nbsp;0.33<sup>8</sup> | &nbsp;&nbsp;0.22<sup>8</sup> | &nbsp;&nbsp;2.68<sup>8</sup> | &nbsp;&nbsp;&nbsp;&nbsp;12 | 16 |
| 12-31-2024 | 11.70 | 0.39 | &nbsp;&nbsp;0.50 | &nbsp;&nbsp;0.89 | (0.41) | (0.02) | (0.43) | 12.16 | &nbsp;&nbsp;&nbsp;7.62 | 0.33 | 0.23 | 3.24 | &nbsp;&nbsp;&nbsp;&nbsp;11 | 14 |
| 12-31-2023 | 11.00 | 0.38 | &nbsp;&nbsp;0.87 | &nbsp;&nbsp;1.25 | (0.38) | (0.17) | (0.55) | 11.70 | &nbsp;&nbsp;11.49 | 0.33 | 0.23 | 3.29 | &nbsp;&nbsp;&nbsp;&nbsp;12 | 14 |
| 12-31-2022 | 13.95 | 0.37 | (2.30) | (1.93) | (0.37) | (0.65) | (1.02) | 11.00 | (13.78) | 0.32 | 0.22 | 2.97 | &nbsp;&nbsp;&nbsp;&nbsp;10 | 14 |
| 12-31-2021 | 14.07 | 0.33 | &nbsp;&nbsp;0.76 | &nbsp;&nbsp;1.09 | (0.33) | (0.88) | (1.21) | 13.95 | &nbsp;&nbsp;&nbsp;7.82 | 0.29 | 0.20 | 2.24 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8 | 31 |
| 12-31-2020 | 13.21 | 0.27 | &nbsp;&nbsp;1.32 | &nbsp;&nbsp;1.59 | (0.26) | (0.47) | (0.73) | 14.07 | &nbsp;&nbsp;12.22 | 0.28 | 0.20 | 2.00 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9 | 15 |
| **Class R6** | **Class R6** | **Class R6** | **Class R6** | **Class R6** | **Class R6** | **Class R6** | **Class R6** | **Class R6** | **Class R6** | **Class R6** | **Class R6** | **Class R6** | **Class R6** | **Class R6** |
| 06-30-2025<sup>6</sup> | 12.13 | 0.17 | &nbsp;&nbsp;0.50 | &nbsp;&nbsp;0.67 | (0.16) | &nbsp;&nbsp;&nbsp;&nbsp;— | (0.16) | 12.64 | &nbsp;&nbsp;&nbsp;&nbsp;5.57<sup>7</sup> | &nbsp;&nbsp;0.29<sup>8</sup> | &nbsp;&nbsp;0.18<sup>8</sup> | &nbsp;&nbsp;2.77<sup>8</sup> | &nbsp;&nbsp;&nbsp;&nbsp;51 | 16 |
| 12-31-2024 | 11.67 | 0.40 | &nbsp;&nbsp;0.49 | &nbsp;&nbsp;0.89 | (0.41) | (0.02) | (0.43) | 12.13 | &nbsp;&nbsp;&nbsp;7.69 | 0.28 | 0.18 | 3.33 | &nbsp;&nbsp;&nbsp;&nbsp;39 | 14 |
| 12-31-2023 | 10.97 | 0.39 | &nbsp;&nbsp;0.87 | &nbsp;&nbsp;1.26 | (0.39) | (0.17) | (0.56) | 11.67 | &nbsp;&nbsp;11.58 | 0.28 | 0.18 | 3.41 | &nbsp;&nbsp;&nbsp;&nbsp;37 | 14 |
| 12-31-2022 | 13.92 | 0.38 | (2.30) | (1.92) | (0.38) | (0.65) | (1.03) | 10.97 | (13.77) | 0.27 | 0.17 | 3.10 | &nbsp;&nbsp;&nbsp;&nbsp;30 | 14 |
| 12-31-2021 | 14.04 | 0.32 | &nbsp;&nbsp;0.78 | &nbsp;&nbsp;1.10 | (0.34) | (0.88) | (1.22) | 13.92 | &nbsp;&nbsp;&nbsp;7.89 | 0.24 | 0.15 | 2.20 | &nbsp;&nbsp;&nbsp;&nbsp;28 | 31 |
| 12-31-2020 | 13.18 | 0.26 | &nbsp;&nbsp;1.33 | &nbsp;&nbsp;1.59 | (0.26) | (0.47) | (0.73) | 14.04 | &nbsp;&nbsp;12.30 | 0.23 | 0.15 | 1.93 | &nbsp;&nbsp;&nbsp;&nbsp;38 | 15 |
| **Class 1** | **Class 1** | **Class 1** | **Class 1** | **Class 1** | **Class 1** | **Class 1** | **Class 1** | **Class 1** | **Class 1** | **Class 1** | **Class 1** | **Class 1** | **Class 1** | **Class 1** |
| 06-30-2025<sup>6</sup> | 12.16 | 0.16 | &nbsp;&nbsp;0.52 | &nbsp;&nbsp;0.68 | (0.16) | &nbsp;&nbsp;&nbsp;&nbsp;— | (0.16) | 12.68 | &nbsp;&nbsp;&nbsp;&nbsp;5.61<sup>7</sup> | &nbsp;&nbsp;0.33<sup>8</sup> | &nbsp;&nbsp;0.22<sup>8</sup> | &nbsp;&nbsp;2.67<sup>8</sup> | 1326 | 16 |
| 12-31-2024 | 11.70 | 0.39 | &nbsp;&nbsp;0.50 | &nbsp;&nbsp;0.89 | (0.41) | (0.02) | (0.43) | 12.16 | &nbsp;&nbsp;&nbsp;7.63 | 0.32 | 0.22 | 3.24 | 1359 | 14 |
| 12-31-2023 | 11.00 | 0.37 | &nbsp;&nbsp;0.88 | &nbsp;&nbsp;1.25 | (0.38) | (0.17) | (0.55) | 11.70 | &nbsp;&nbsp;11.51 | 0.33 | 0.23 | 3.25 | 1456 | 14 |
| 12-31-2022 | 13.95 | 0.37 | (2.29) | (1.92) | (0.38) | (0.65) | (1.03) | 11.00 | (13.77) | 0.31 | 0.21 | 2.95 | 1473 | 14 |
| 12-31-2021 | 14.07 | 0.33 | &nbsp;&nbsp;0.76 | &nbsp;&nbsp;1.09 | (0.33) | (0.88) | (1.21) | 13.95 | &nbsp;&nbsp;&nbsp;7.83 | 0.28 | 0.20 | 2.23 | 1942 | 31 |
| 12-31-2020 | 13.21 | 0.25 | &nbsp;&nbsp;1.34 | &nbsp;&nbsp;1.59 | (0.26) | (0.47) | (0.73) | 14.07 | &nbsp;&nbsp;12.23 | 0.27 | 0.19 | 1.92 | 2056 | 15 |

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SEE NOTES TO FINANCIAL STATEMENTS \| JOHN HANCOCK MULTIMANAGER LIFESTYLE PORTFOLIOS 18

------

[**Table of Contents**](#JOB_JHF_I_be009a45-7972-4dc8-84b4-5fe415748d09_TofC)

Financial highlights continued

Multimanager Lifestyle Moderate Portfolio (continued)

---

| | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| Per share operating performance for a share outstanding throughout each period | Per share operating performance for a share outstanding throughout each period | Per share operating performance for a share outstanding throughout each period | Per share operating performance for a share outstanding throughout each period | Per share operating performance for a share outstanding throughout each period | Per share operating performance for a share outstanding throughout each period | Per share operating performance for a share outstanding throughout each period | Per share operating performance for a share outstanding throughout each period | Per share operating performance for a share outstanding throughout each period | Per share operating performance for a share outstanding throughout each period | Per share operating performance for a share outstanding throughout each period |  | Ratios and supplemental data | Ratios and supplemental data | Ratios and supplemental data |
|  |  | Income (loss) from investment operations | Income (loss) from investment operations |  |  | Less distributions | Less distributions | Less distributions |  |  |  | Ratios to average net assets | Ratios to average net assets | Ratios to average net assets |
| Period ended | &nbsp;&nbsp;Net asset<br> value,<br> beginning<br> of period ($) | Net<br> investment<br> income<br> (loss) ($)<sup>1, 2</sup> | Net realized and<br> unrealized<br> gain (loss)<br> on investments ($) | Total from<br> investment<br> operations ($) | From net<br> investment<br> income ($) | From net<br> realized<br> gain ($) | Total<br> distributions ($) | Net asset<br> value,<br> end of<br> period ($) | Total<br> return<br> (%)<sup>3, 4</sup> | Expenses<br> before<br> reductions<br> (%)<sup>5</sup> | Expenses<br> including<br> reductions<br> (%)<sup>5</sup> | Net<br> investment<br> income<br> (loss) (%)<sup>2</sup> | Net<br> assets,<br> end of<br> period<br> (in millions) | Portfolio<br> turnover<br> (%) |
| Class 5 | Class 5 | Class 5 | Class 5 | Class 5 | Class 5 | Class 5 | Class 5 | Class 5 | Class 5 | Class 5 | Class 5 | Class 5 | Class 5 | Class 5 |
| 06-30-2025<sup>6</sup> | 12.13 | 0.17 | &nbsp;&nbsp;0.50 | &nbsp;&nbsp;0.67 | (0.16) | &nbsp;&nbsp;&nbsp;&nbsp;— | (0.16) | 12.64 | &nbsp;&nbsp;&nbsp;&nbsp;5.57<sup>7</sup> | &nbsp;&nbsp;0.28<sup>8</sup> | &nbsp;&nbsp;0.17<sup>8</sup> | &nbsp;&nbsp;2.73<sup>8</sup> | &nbsp;&nbsp;&nbsp;&nbsp;55 | 16 |
| 12-31-2024 | 11.67 | 0.40 | &nbsp;&nbsp;0.49 | &nbsp;&nbsp;0.89 | (0.41) | (0.02) | (0.43) | 12.13 | &nbsp;&nbsp;&nbsp;7.70 | 0.27 | 0.17 | 3.30 | &nbsp;&nbsp;&nbsp;&nbsp;53 | 14 |
| 12-31-2023 | 10.98 | 0.38 | &nbsp;&nbsp;0.87 | &nbsp;&nbsp;1.25 | (0.39) | (0.17) | (0.56) | 11.67 | &nbsp;&nbsp;11.49 | 0.28 | 0.18 | 3.31 | &nbsp;&nbsp;&nbsp;&nbsp;55 | 14 |
| 12-31-2022 | 13.92 | 0.37 | (2.28) | (1.91) | (0.38) | (0.65) | (1.03) | 10.98 | (13.68) | 0.26 | 0.16 | 3.01 | &nbsp;&nbsp;&nbsp;&nbsp;55 | 14 |
| 12-31-2021 | 14.04 | 0.34 | &nbsp;&nbsp;0.76 | &nbsp;&nbsp;1.10 | (0.34) | (0.88) | (1.22) | 13.92 | &nbsp;&nbsp;&nbsp;7.90 | 0.23 | 0.15 | 2.33 | &nbsp;&nbsp;&nbsp;&nbsp;70 | 31 |
| 12-31-2020 | 13.18 | 0.26 | &nbsp;&nbsp;1.34 | &nbsp;&nbsp;1.60 | (0.27) | (0.47) | (0.74) | 14.04 | &nbsp;&nbsp;12.32 | 0.22 | 0.14 | 1.98 | &nbsp;&nbsp;&nbsp;&nbsp;65 | 15 |

---

&nbsp;&nbsp;&nbsp;&nbsp;

---

| |
|:---|
| <sup>1</sup> Based on average daily shares outstanding. |
| <sup>2</sup> Net investment income is affected by the timing and frequency of the declaration of dividends by the underlying funds in which the portfolio invests. |
| <sup>3</sup> Total returns would have been lower had certain expenses not been reduced during the applicable periods. |
| <sup>4</sup> Does not reflect the effect of sales charges, if any. |
| <sup>5</sup> Ratios do not include expenses indirectly incurred from underlying funds and can vary based on the mix of underlying funds held by the portfolio. |
| <sup>6</sup> Six months ended 6-30-25. Unaudited. |
| <sup>7</sup> Not annualized. |
| <sup>8</sup> Annualized. |
| <sup>9</sup> Less than $500,000. |

---

19 JOHN HANCOCK MULTIMANAGER LIFESTYLE PORTFOLIOS \| SEE NOTES TO FINANCIAL STATEMENTS

------

[**Table of Contents**](#JOB_JHF_I_be009a45-7972-4dc8-84b4-5fe415748d09_TofC)

#### Multimanager Lifestyle Conservative Portfolio

---

| | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Per share operating performance for a share outstanding throughout each period** | **Per share operating performance for a share outstanding throughout each period** | **Per share operating performance for a share outstanding throughout each period** | **Per share operating performance for a share outstanding throughout each period** | **Per share operating performance for a share outstanding throughout each period** | **Per share operating performance for a share outstanding throughout each period** | **Per share operating performance for a share outstanding throughout each period** | **Per share operating performance for a share outstanding throughout each period** | **Per share operating performance for a share outstanding throughout each period** | **Per share operating performance for a share outstanding throughout each period** | **Per share operating performance for a share outstanding throughout each period** |  | **Ratios and supplemental data** | **Ratios and supplemental data** | **Ratios and supplemental data** |
|  |  | **Income (loss) from investment operations** | **Income (loss) from investment operations** |  |  | **Less distributions** | **Less distributions** | **Less distributions** |  |  |  | **Ratios to average net assets** | **Ratios to average net assets** | **Ratios to average net assets** |
| **Period ended** | &nbsp;&nbsp;**Net asset<br> value,<br> beginning<br> of period ($)** | **Net<br> investment<br> income<br> (loss) ($)<sup>1, 2</sup>** | **Net realized and<br> unrealized<br> gain (loss)<br> on investments ($)** | **Total from<br> investment<br> operations ($)** | **From net<br> investment<br> income ($)** | **From net<br> realized<br> gain ($)** | **Total<br> distributions ($)** | **Net asset<br> value,<br> end of<br> period ($)** | **Total<br> return<br> (%)<sup>3, 4</sup>** | **Expenses<br> before<br> reductions<br> (%)<sup>5</sup>** | **Expenses<br> including<br> reductions<br> (%)<sup>5</sup>** | **Net<br> investment<br> income<br> (loss) (%)<sup>2</sup>** | **Net<br> assets,<br> end of<br> period<br> (in millions)** | **Portfolio<br> turnover<br> (%)** |
| Multimanager Lifestyle Conservative Portfolio | Multimanager Lifestyle Conservative Portfolio | Multimanager Lifestyle Conservative Portfolio | Multimanager Lifestyle Conservative Portfolio | Multimanager Lifestyle Conservative Portfolio | Multimanager Lifestyle Conservative Portfolio | Multimanager Lifestyle Conservative Portfolio | Multimanager Lifestyle Conservative Portfolio | Multimanager Lifestyle Conservative Portfolio | Multimanager Lifestyle Conservative Portfolio | Multimanager Lifestyle Conservative Portfolio | Multimanager Lifestyle Conservative Portfolio | Multimanager Lifestyle Conservative Portfolio | Multimanager Lifestyle Conservative Portfolio | Multimanager Lifestyle Conservative Portfolio |
| **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** |
| 06-30-2025<sup>6</sup> | 11.75 | 0.20 | &nbsp;&nbsp;0.34 | &nbsp;&nbsp;0.54 | (0.19) | &nbsp;&nbsp;&nbsp;&nbsp;— | (0.19) | 12.10 | &nbsp;&nbsp;&nbsp;&nbsp;4.62<sup>7</sup> | &nbsp;&nbsp;0.71<sup>8</sup> | &nbsp;&nbsp;0.61<sup>8</sup> | &nbsp;&nbsp;3.33<sup>8</sup> | &nbsp;&nbsp;&nbsp;574 | 13 |
| 12-31-2024 | 11.55 | 0.43 | &nbsp;&nbsp;0.22 | &nbsp;&nbsp;0.65 | (0.44) | (0.01) | (0.45) | 11.75 | &nbsp;&nbsp;&nbsp;5.64 | 0.71 | 0.61 | 3.61 | &nbsp;&nbsp;&nbsp;584 | 16 |
| 12-31-2023 | 11.00 | 0.40 | &nbsp;&nbsp;0.56 | &nbsp;&nbsp;0.96 | (0.41) | &nbsp;&nbsp;&nbsp;&nbsp;—<sup>9</sup> | (0.41) | 11.55 | &nbsp;&nbsp;&nbsp;8.84 | 0.71 | 0.61 | 3.52 | &nbsp;&nbsp;&nbsp;643 | 15 |
| 12-31-2022 | 13.31 | 0.39 | (2.00) | (1.61) | (0.39) | (0.31) | (0.70) | 11.00 | (12.02) | 0.70 | 0.60 | 3.23 | &nbsp;&nbsp;&nbsp;667 | 14 |
| 12-31-2021 | 13.65 | 0.32 | &nbsp;&nbsp;0.12 | &nbsp;&nbsp;0.44 | (0.32) | (0.46) | (0.78) | 13.31 | &nbsp;&nbsp;&nbsp;3.17 | 0.67 | 0.58 | 2.29 | &nbsp;&nbsp;&nbsp;866 | 32 |
| 12-31-2020 | 13.02 | 0.25 | &nbsp;&nbsp;0.95 | &nbsp;&nbsp;1.20 | (0.31) | (0.26) | (0.57) | 13.65 | &nbsp;&nbsp;&nbsp;9.43 | 0.68 | 0.58 | 1.90 | &nbsp;&nbsp;&nbsp;769 | 20 |
| **Class C** | **Class C** | **Class C** | **Class C** | **Class C** | **Class C** | **Class C** | **Class C** | **Class C** | **Class C** | **Class C** | **Class C** | **Class C** | **Class C** | **Class C** |
| 06-30-2025<sup>6</sup> | 11.75 | 0.15 | &nbsp;&nbsp;0.35 | &nbsp;&nbsp;0.50 | (0.15) | &nbsp;&nbsp;&nbsp;&nbsp;— | (0.15) | 12.10 | &nbsp;&nbsp;&nbsp;&nbsp;4.27<sup>7</sup> | &nbsp;&nbsp;1.41<sup>8</sup> | &nbsp;&nbsp;1.32<sup>8</sup> | &nbsp;&nbsp;2.62<sup>8</sup> | &nbsp;&nbsp;&nbsp;&nbsp;15 | 13 |
| 12-31-2024 | 11.55 | 0.34 | &nbsp;&nbsp;0.22 | &nbsp;&nbsp;0.56 | (0.35) | (0.01) | (0.36) | 11.75 | &nbsp;&nbsp;&nbsp;4.90 | 1.41 | 1.32 | 2.85 | &nbsp;&nbsp;&nbsp;&nbsp;16 | 16 |
| 12-31-2023 | 11.01 | 0.31 | &nbsp;&nbsp;0.56 | &nbsp;&nbsp;0.87 | (0.33) | &nbsp;&nbsp;&nbsp;&nbsp;—<sup>9</sup> | (0.33) | 11.55 | &nbsp;&nbsp;&nbsp;8.09 | 1.41 | 1.32 | 2.72 | &nbsp;&nbsp;&nbsp;&nbsp;22 | 15 |
| 12-31-2022 | 13.31 | 0.29 | (1.97) | (1.68) | (0.31) | (0.31) | (0.62) | 11.01 | (12.73) | 1.40 | 1.31 | 2.41 | &nbsp;&nbsp;&nbsp;&nbsp;32 | 14 |
| 12-31-2021 | 13.65 | 0.20 | &nbsp;&nbsp;0.14 | &nbsp;&nbsp;0.34 | (0.22) | (0.46) | (0.68) | 13.31 | &nbsp;&nbsp;&nbsp;2.52 | 1.37 | 1.28 | 1.46 | &nbsp;&nbsp;&nbsp;&nbsp;61 | 32 |
| 12-31-2020 | 13.03 | 0.13 | &nbsp;&nbsp;0.97 | &nbsp;&nbsp;1.10 | (0.22) | (0.26) | (0.48) | 13.65 | &nbsp;&nbsp;&nbsp;8.65 | 1.38 | 1.29 | 0.98 | &nbsp;&nbsp;&nbsp;&nbsp;84 | 20 |
| **Class I** | **Class I** | **Class I** | **Class I** | **Class I** | **Class I** | **Class I** | **Class I** | **Class I** | **Class I** | **Class I** | **Class I** | **Class I** | **Class I** | **Class I** |
| 06-30-2025<sup>6</sup> | 11.73 | 0.21 | &nbsp;&nbsp;0.34 | &nbsp;&nbsp;0.55 | (0.21) | &nbsp;&nbsp;&nbsp;&nbsp;— | (0.21) | 12.07 | &nbsp;&nbsp;&nbsp;&nbsp;4.70<sup>7</sup> | &nbsp;&nbsp;0.41<sup>8</sup> | &nbsp;&nbsp;0.31<sup>8</sup> | &nbsp;&nbsp;3.65<sup>8</sup> | &nbsp;&nbsp;&nbsp;&nbsp;11 | 13 |
| 12-31-2024 | 11.52 | 0.46 | &nbsp;&nbsp;0.23 | &nbsp;&nbsp;0.69 | (0.47) | (0.01) | (0.48) | 11.73 | &nbsp;&nbsp;&nbsp;6.05 | 0.41 | 0.31 | 3.91 | &nbsp;&nbsp;&nbsp;&nbsp;10 | 16 |
| 12-31-2023 | 10.98 | 0.42 | &nbsp;&nbsp;0.56 | &nbsp;&nbsp;0.98 | (0.44) | &nbsp;&nbsp;&nbsp;&nbsp;—<sup>9</sup> | (0.44) | 11.52 | &nbsp;&nbsp;&nbsp;9.09 | 0.41 | 0.31 | 3.73 | &nbsp;&nbsp;&nbsp;&nbsp;12 | 15 |
| 12-31-2022 | 13.28 | 0.42 | (1.98) | (1.56) | (0.43) | (0.31) | (0.74) | 10.98 | (11.76) | 0.40 | 0.30 | 3.51 | &nbsp;&nbsp;&nbsp;&nbsp;16 | 14 |
| 12-31-2021 | 13.62 | 0.36 | &nbsp;&nbsp;0.12 | &nbsp;&nbsp;0.48 | (0.36) | (0.46) | (0.82) | 13.28 | &nbsp;&nbsp;&nbsp;3.56 | 0.37 | 0.28 | 2.62 | &nbsp;&nbsp;&nbsp;&nbsp;23 | 32 |
| 12-31-2020 | 13.00 | 0.29 | &nbsp;&nbsp;0.94 | &nbsp;&nbsp;1.23 | (0.35) | (0.26) | (0.61) | 13.62 | &nbsp;&nbsp;&nbsp;9.69 | 0.38 | 0.28 | 2.23 | &nbsp;&nbsp;&nbsp;&nbsp;18 | 20 |
| **Class R2** | **Class R2** | **Class R2** | **Class R2** | **Class R2** | **Class R2** | **Class R2** | **Class R2** | **Class R2** | **Class R2** | **Class R2** | **Class R2** | **Class R2** | **Class R2** | **Class R2** |
| 06-30-2025<sup>6</sup> | 11.73 | 0.19 | &nbsp;&nbsp;0.34 | &nbsp;&nbsp;0.53 | (0.19) | &nbsp;&nbsp;&nbsp;&nbsp;— | (0.19) | 12.07 | &nbsp;&nbsp;&nbsp;&nbsp;4.51<sup>7</sup> | &nbsp;&nbsp;0.78<sup>8</sup> | &nbsp;&nbsp;0.68<sup>8</sup> | &nbsp;&nbsp;3.28<sup>8</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5 | 13 |
| 12-31-2024 | 11.52 | 0.41 | &nbsp;&nbsp;0.24 | &nbsp;&nbsp;0.65 | (0.43) | (0.01) | (0.44) | 11.73 | &nbsp;&nbsp;&nbsp;5.68 | 0.77 | 0.68 | 3.51 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5 | 16 |
| 12-31-2023 | 10.98 | 0.39 | &nbsp;&nbsp;0.55 | &nbsp;&nbsp;0.94 | (0.40) | &nbsp;&nbsp;&nbsp;&nbsp;—<sup>9</sup> | (0.40) | 11.52 | &nbsp;&nbsp;&nbsp;8.70 | 0.77 | 0.68 | 3.48 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7 | 15 |
| 12-31-2022 | 13.28 | 0.38 | (1.99) | (1.61) | (0.38) | (0.31) | (0.69) | 10.98 | (12.09) | 0.77 | 0.68 | 3.16 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6 | 14 |
| 12-31-2021 | 13.62 | 0.30 | &nbsp;&nbsp;0.13 | &nbsp;&nbsp;0.43 | (0.31) | (0.46) | (0.77) | 13.28 | &nbsp;&nbsp;&nbsp;3.18 | 0.71 | 0.63 | 2.18 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8 | 32 |
| 12-31-2020 | 13.01 | 0.33 | &nbsp;&nbsp;0.84 | &nbsp;&nbsp;1.17 | (0.30) | (0.26) | (0.56) | 13.62 | &nbsp;&nbsp;&nbsp;9.26 | 0.75 | 0.67 | 2.53 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9 | 20 |
| **Class R4** | **Class R4** | **Class R4** | **Class R4** | **Class R4** | **Class R4** | **Class R4** | **Class R4** | **Class R4** | **Class R4** | **Class R4** | **Class R4** | **Class R4** | **Class R4** | **Class R4** |
| 06-30-2025<sup>6</sup> | 11.72 | 0.20 | &nbsp;&nbsp;0.34 | &nbsp;&nbsp;0.54 | (0.20) | &nbsp;&nbsp;&nbsp;&nbsp;— | (0.20) | 12.06 | &nbsp;&nbsp;&nbsp;&nbsp;4.63<sup>7</sup> | &nbsp;&nbsp;0.65<sup>8</sup> | &nbsp;&nbsp;0.46<sup>8</sup> | &nbsp;&nbsp;3.48<sup>8</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2 | 13 |
| 12-31-2024 | 11.51 | 0.45 | &nbsp;&nbsp;0.23 | &nbsp;&nbsp;0.68 | (0.46) | (0.01) | (0.47) | 11.72 | &nbsp;&nbsp;&nbsp;5.91 | 0.65 | 0.46 | 3.86 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2 | 16 |
| 12-31-2023 | 10.97 | 0.41 | &nbsp;&nbsp;0.56 | &nbsp;&nbsp;0.97 | (0.43) | &nbsp;&nbsp;&nbsp;&nbsp;—<sup>9</sup> | (0.43) | 11.51 | &nbsp;&nbsp;&nbsp;8.93 | 0.65 | 0.46 | 3.69 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1 | 15 |
| 12-31-2022 | 13.27 | 0.41 | (1.99) | (1.58) | (0.41) | (0.31) | (0.72) | 10.97 | (11.90) | 0.64 | 0.45 | 3.39 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2 | 14 |
| 12-31-2021 | 13.62 | 0.32 | &nbsp;&nbsp;0.13 | &nbsp;&nbsp;0.45 | (0.34) | (0.46) | (0.80) | 13.27 | &nbsp;&nbsp;&nbsp;3.33 | 0.62 | 0.43 | 2.35 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2 | 32 |
| 12-31-2020 | 12.99 | 0.26 | &nbsp;&nbsp;0.96 | &nbsp;&nbsp;1.22 | (0.33) | (0.26) | (0.59) | 13.62 | &nbsp;&nbsp;&nbsp;9.61 | 0.62 | 0.43 | 1.97 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3 | 20 |
| **Class R5** | **Class R5** | **Class R5** | **Class R5** | **Class R5** | **Class R5** | **Class R5** | **Class R5** | **Class R5** | **Class R5** | **Class R5** | **Class R5** | **Class R5** | **Class R5** | **Class R5** |
| 06-30-2025<sup>6</sup> | 11.72 | 0.22 | &nbsp;&nbsp;0.34 | &nbsp;&nbsp;0.56 | (0.21) | &nbsp;&nbsp;&nbsp;&nbsp;— | (0.21) | 12.07 | &nbsp;&nbsp;&nbsp;&nbsp;4.82<sup>7</sup> | &nbsp;&nbsp;0.34<sup>8</sup> | &nbsp;&nbsp;0.25<sup>8</sup> | &nbsp;&nbsp;3.69<sup>8</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1 | 13 |
| 12-31-2024 | 11.52 | 0.47 | &nbsp;&nbsp;0.22 | &nbsp;&nbsp;0.69 | (0.48) | (0.01) | (0.49) | 11.72 | &nbsp;&nbsp;&nbsp;6.03 | 0.35 | 0.26 | 3.98 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1 | 16 |
| 12-31-2023 | 10.98 | 0.42 | &nbsp;&nbsp;0.57 | &nbsp;&nbsp;0.99 | (0.45) | &nbsp;&nbsp;&nbsp;&nbsp;—<sup>9</sup> | (0.45) | 11.52 | &nbsp;&nbsp;&nbsp;9.24 | 0.35 | 0.26 | 3.75 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2 | 15 |
| 12-31-2022 | 13.28 | 0.43 | (1.99) | (1.56) | (0.43) | (0.31) | (0.74) | 10.98 | (11.79) | 0.34 | 0.25 | 3.56 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2 | 14 |
| 12-31-2021 | 13.62 | 0.37 | &nbsp;&nbsp;0.12 | &nbsp;&nbsp;0.49 | (0.37) | (0.46) | (0.83) | 13.28 | &nbsp;&nbsp;&nbsp;3.61 | 0.32 | 0.23 | 2.66 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3 | 32 |
| 12-31-2020 | 13.00 | 0.29 | &nbsp;&nbsp;0.94 | &nbsp;&nbsp;1.23 | (0.35) | (0.26) | (0.61) | 13.62 | &nbsp;&nbsp;&nbsp;9.74 | 0.31 | 0.23 | 2.24 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3 | 20 |
| **Class R6** | **Class R6** | **Class R6** | **Class R6** | **Class R6** | **Class R6** | **Class R6** | **Class R6** | **Class R6** | **Class R6** | **Class R6** | **Class R6** | **Class R6** | **Class R6** | **Class R6** |
| 06-30-2025<sup>6</sup> | 11.71 | 0.22 | &nbsp;&nbsp;0.34 | &nbsp;&nbsp;0.56 | (0.21) | &nbsp;&nbsp;&nbsp;&nbsp;— | (0.21) | 12.06 | &nbsp;&nbsp;&nbsp;&nbsp;4.85<sup>7</sup> | &nbsp;&nbsp;0.30<sup>8</sup> | &nbsp;&nbsp;0.21<sup>8</sup> | &nbsp;&nbsp;3.77<sup>8</sup> | &nbsp;&nbsp;&nbsp;&nbsp;30 | 13 |
| 12-31-2024 | 11.51 | 0.48 | &nbsp;&nbsp;0.21 | &nbsp;&nbsp;0.69 | (0.48) | (0.01) | (0.49) | 11.71 | &nbsp;&nbsp;&nbsp;6.08 | 0.30 | 0.21 | 4.10 | &nbsp;&nbsp;&nbsp;&nbsp;27 | 16 |
| 12-31-2023 | 10.97 | 0.46 | &nbsp;&nbsp;0.53 | &nbsp;&nbsp;0.99 | (0.45) | &nbsp;&nbsp;&nbsp;&nbsp;—<sup>9</sup> | (0.45) | 11.51 | &nbsp;&nbsp;&nbsp;9.20 | 0.30 | 0.21 | 4.08 | &nbsp;&nbsp;&nbsp;&nbsp;25 | 15 |
| 12-31-2022 | 13.27 | 0.43 | (1.98) | (1.55) | (0.44) | (0.31) | (0.75) | 10.97 | (11.67) | 0.29 | 0.20 | 3.63 | &nbsp;&nbsp;&nbsp;&nbsp;15 | 14 |
| 12-31-2021 | 13.61 | 0.37 | &nbsp;&nbsp;0.12 | &nbsp;&nbsp;0.49 | (0.37) | (0.46) | (0.83) | 13.27 | &nbsp;&nbsp;&nbsp;3.67 | 0.27 | 0.18 | 2.65 | &nbsp;&nbsp;&nbsp;&nbsp;18 | 32 |
| 12-31-2020 | 12.99 | 0.28 | &nbsp;&nbsp;0.96 | &nbsp;&nbsp;1.24 | (0.36) | (0.26) | (0.62) | 13.61 | &nbsp;&nbsp;&nbsp;9.80 | 0.27 | 0.18 | 2.15 | &nbsp;&nbsp;&nbsp;&nbsp;21 | 20 |

---

SEE NOTES TO FINANCIAL STATEMENTS \| JOHN HANCOCK MULTIMANAGER LIFESTYLE PORTFOLIOS 20

------

[**Table of Contents**](#JOB_JHF_I_be009a45-7972-4dc8-84b4-5fe415748d09_TofC)

Financial highlights continued

Multimanager Lifestyle Conservative Portfolio (continued)

---

| | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| Per share operating performance for a share outstanding throughout each period | Per share operating performance for a share outstanding throughout each period | Per share operating performance for a share outstanding throughout each period | Per share operating performance for a share outstanding throughout each period | Per share operating performance for a share outstanding throughout each period | Per share operating performance for a share outstanding throughout each period | Per share operating performance for a share outstanding throughout each period | Per share operating performance for a share outstanding throughout each period | Per share operating performance for a share outstanding throughout each period | Per share operating performance for a share outstanding throughout each period | Per share operating performance for a share outstanding throughout each period |  | Ratios and supplemental data | Ratios and supplemental data | Ratios and supplemental data |
|  |  | Income (loss) from investment operations | Income (loss) from investment operations |  |  | Less distributions | Less distributions | Less distributions |  |  |  | Ratios to average net assets | Ratios to average net assets | Ratios to average net assets |
| Period ended | &nbsp;&nbsp;Net asset<br> value,<br> beginning<br> of period ($) | Net<br> investment<br> income<br> (loss) ($)<sup>1, 2</sup> | Net realized and<br> unrealized<br> gain (loss)<br> on investments ($) | Total from<br> investment<br> operations ($) | From net<br> investment<br> income ($) | From net<br> realized<br> gain ($) | Total<br> distributions ($) | Net asset<br> value,<br> end of<br> period ($) | Total<br> return<br> (%)<sup>3, 4</sup> | Expenses<br> before<br> reductions<br> (%)<sup>5</sup> | Expenses<br> including<br> reductions<br> (%)<sup>5</sup> | Net<br> investment<br> income<br> (loss) (%)<sup>2</sup> | Net<br> assets,<br> end of<br> period<br> (in millions) | Portfolio<br> turnover<br> (%) |
| Class 1 | Class 1 | Class 1 | Class 1 | Class 1 | Class 1 | Class 1 | Class 1 | Class 1 | Class 1 | Class 1 | Class 1 | Class 1 | Class 1 | Class 1 |
| 06-30-2025<sup>6</sup> | 11.72 | 0.22 | &nbsp;&nbsp;0.33 | &nbsp;&nbsp;0.55 | (0.21) | &nbsp;&nbsp;&nbsp;&nbsp;— | (0.21) | 12.06 | &nbsp;&nbsp;&nbsp;&nbsp;4.74<sup>7</sup> | &nbsp;&nbsp;0.34<sup>8</sup> | &nbsp;&nbsp;0.25<sup>8</sup> | &nbsp;&nbsp;3.70<sup>8</sup> | &nbsp;&nbsp;&nbsp;956 | 13 |
| 12-31-2024 | 11.52 | 0.47 | &nbsp;&nbsp;0.22 | &nbsp;&nbsp;0.69 | (0.48) | (0.01) | (0.49) | 11.72 | &nbsp;&nbsp;&nbsp;6.12 | 0.34 | 0.25 | 3.98 | &nbsp;&nbsp;&nbsp;968 | 16 |
| 12-31-2023 | 10.97 | 0.43 | &nbsp;&nbsp;0.57 | &nbsp;&nbsp;1.00 | (0.45) | &nbsp;&nbsp;&nbsp;&nbsp;—<sup>9</sup> | (0.45) | 11.52 | &nbsp;&nbsp;&nbsp;9.15 | 0.35 | 0.25 | 3.87 | 1046 | 15 |
| 12-31-2022 | 13.27 | 0.43 | (1.98) | (1.55) | (0.44) | (0.31) | (0.75) | 10.97 | (11.72) | 0.33 | 0.24 | 3.59 | 1112 | 14 |
| 12-31-2021 | 13.62 | 0.36 | &nbsp;&nbsp;0.12 | &nbsp;&nbsp;0.48 | (0.37) | (0.46) | (0.83) | 13.27 | &nbsp;&nbsp;&nbsp;3.55 | 0.31 | 0.22 | 2.58 | 1444 | 32 |
| 12-31-2020 | 12.99 | 0.29 | &nbsp;&nbsp;0.96 | &nbsp;&nbsp;1.25 | (0.36) | (0.26) | (0.62) | 13.62 | &nbsp;&nbsp;&nbsp;9.85 | 0.30 | 0.22 | 2.20 | 1599 | 20 |

---

&nbsp;&nbsp;&nbsp;&nbsp;

---

| |
|:---|
| <sup>1</sup> Based on average daily shares outstanding. |
| <sup>2</sup> Net investment income is affected by the timing and frequency of the declaration of dividends by the underlying funds in which the portfolio invests. |
| <sup>3</sup> Total returns would have been lower had certain expenses not been reduced during the applicable periods. |
| <sup>4</sup> Does not reflect the effect of sales charges, if any. |
| <sup>5</sup> Ratios do not include expenses indirectly incurred from underlying funds and can vary based on the mix of underlying funds held by the portfolio. |
| <sup>6</sup> Six months ended 6-30-25. Unaudited. |
| <sup>7</sup> Not annualized. |
| <sup>8</sup> Annualized. |
| <sup>9</sup> Less than $0.005 per share. |

---

21 JOHN HANCOCK MULTIMANAGER LIFESTYLE PORTFOLIOS \| SEE NOTES TO FINANCIAL STATEMENTS

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Notes to financial statements (unaudited)

#### Note 1 — Organization
John Hancock Funds II (the Trust) is an open-end management investment company organized as a Massachusetts business trust. The Trust is registered under the Investment Company Act of 1940, as amended (the 1940 Act). It is a series company with multiple investment series, five of which are presented in this report (collectively, Multimanager Lifestyle Portfolios, or the portfolios and individually, the portfolio). The portfolios operate as "funds of funds" that may invest in affiliated underlying funds of the Trust, other funds in the John Hancock group of funds complex, non-John Hancock funds and certain other permitted investments.

The portfolios may offer multiple classes of shares. The shares currently offered by the portfolios are detailed in the Statements of assets and liabilities. Class A and Class C shares are open to all investors. Class I shares are offered to institutions and certain investors. Class R2, Class R4 and Class R5 shares are available only to certain retirement and 529 plans. Class R6 shares are only available to certain retirement plans, institutions and other investors. Class 1 shares are offered only to certain affiliates of Manulife Financial Corporation (MFC). Class 5 shares are available only to the John Hancock Freedom 529 plans. Class C shares convert to Class A shares eight years after purchase (certain exclusions may apply). Shareholders of each class have exclusive voting rights to matters that affect that class. The distribution and service fees, if any, and transfer agent fees for each class may differ.

The investment objectives of portfolios are as follows:

#### Multimanager Lifestyle Aggressive Portfolio
To seek long-term growth of capital. Current income is not a consideration.

#### Multimanager Lifestyle Growth Portfolio
To seek long-term growth of capital. Current income is also a consideration.

#### Multimanager Lifestyle Balanced Portfolio
To seek a balance between a high level of current income and growth of capital, with a greater emphasis on growth of capital.

#### Multimanager Lifestyle Moderate Portfolio
To seek a balance between a high level of current income and growth of capital, with a greater emphasis on income.

#### Multimanager Lifestyle Conservative Portfolio
To seek a high level of current income with some consideration given to growth of capital.

On June 26, 2025, the Board of Trustees of the Multimanager Lifestyle Portfolios approved a change to the portfolios' fiscal year end from December 31 to August 31, effective August 31, 2025.

The accounting policies of the underlying funds in which the portfolios invest are outlined in the underlying funds' shareholder reports, which include the underlying funds' financial statements. These are available on the Securities and Exchange Commission (SEC) website at sec.gov. John Hancock underlying funds' shareholder reports are also available without charge by calling 800-225-5291 or visiting jhinvestments.com. The underlying funds are not covered by this report.

#### Note 2 — Significant accounting policies
The financial statements have been prepared in conformity with accounting principles generally accepted in the United States of America (US GAAP), which require management to make certain estimates and assumptions as of the date of the financial statements. Actual results could differ from those estimates and those differences could be significant. The portfolios qualify as investment companies under Topic 946 of Accounting Standards Codification of US GAAP.

Events or transactions occurring after the end of the fiscal period through the date that the financial statements were issued have been evaluated in the preparation of the financial statements. The following summarizes the significant accounting policies of the portfolios:

**Security valuation. Investments are stated at value as of the scheduled close of regular trading on the New York Stock Exchange (NYSE), normally at 4:00 P.M., Eastern Time. In case of emergency or other disruption resulting in the NYSE not opening for trading or the NYSE closing at a time other than the regularly scheduled close, the net asset value (NAV) may be determined as of the regularly scheduled close of the NYSE pursuant to the Valuation Policies and Procedures of the Advisor, John Hancock Investment Management LLC, the portfolios' valuation designee.**

In order to value the securities, the portfolios use the following valuation techniques: Investments in affiliated underlying funds and/or other open-end management investment companies, other than exchange-traded funds (ETFs), are valued at their respective NAVs each business day. Equity securities, including exchange-traded or closed-end funds, are typically valued at the last sale price or official closing price on the exchange or principal market where the security trades. In the event there were no sales during the day or closing prices are not available, the securities are valued using the last available bid price. Debt obligations are typically valued based on evaluated prices provided by an independent pricing vendor. Independent pricing vendors utilize matrix pricing, which takes into account factors such as institutional-size trading in similar groups of securities, yield, quality, coupon rate, maturity, type of issue, trading characteristics and other market data, as well as broker supplied prices.

In certain instances, the Pricing Committee of the Advisor may determine to value equity securities using prices obtained from another exchange or market if trading on the exchange or market on which prices are typically obtained did not open for trading as scheduled, or if trading closed earlier than scheduled, and trading occurred as normal on another exchange or market.

\| JOHN HANCOCK MULTIMANAGER LIFESTYLE PORTFOLIOS 22

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Other portfolio securities and assets, for which reliable market quotations are not readily available, are valued at fair value as determined in good faith by the Pricing Committee following procedures established by the Advisor and adopted by the Board of Trustees. The frequency with which these fair valuation procedures are used cannot be predicted and fair value of securities may differ significantly from the value that would have been used had a ready market for such securities existed. Trading in foreign securities may be completed before the scheduled daily close of trading on the NYSE. Significant events at the issuer or market level may affect the values of securities between the time when the valuation of the securities is generally determined and the close of the NYSE. If a significant event occurs, these securities may be fair valued, as determined in good faith by the Pricing Committee, following procedures established by the Advisor and adopted by the Board of Trustees. The Advisor uses fair value adjustment factors provided by an independent pricing vendor to value certain foreign securities in order to adjust for events that may occur between the close of foreign exchanges or markets and the close of the NYSE.

The portfolios use a three tier hierarchy to prioritize the pricing assumptions, referred to as inputs, used in valuation techniques to measure fair value. Level 1 includes securities valued using quoted prices in active markets for identical securities, including registered investment companies. Level 2 includes securities valued using other significant observable inputs. Observable inputs may include quoted prices for similar securities, interest rates, prepayment speeds and credit risk. Prices for securities valued using these inputs are received from independent pricing vendors and brokers and are based on an evaluation of the inputs described. Level 3 includes securities valued using significant unobservable inputs when market prices are not readily available or reliable, including the Advisor's assumptions in determining the fair value of investments. Factors used in determining value may include market or issuer specific events or trends, changes in interest rates and credit quality. The inputs or methodology used for valuing securities are not necessarily an indication of the risks associated with investing in those securities. Changes in valuation techniques and related inputs may result in transfers into or out of an assigned level within the disclosure hierarchy.

The following is a summary of the values by input classification of the portfolios' investments as of June 30, 2025, by major security category or type:

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Total<br> value at<br> 6-30-25** | **Level 1<br> quoted price** | **Level 2<br> significant<br> observable<br> inputs** | **Level 3<br> significant<br> unobservable<br> inputs** |
| **Multimanager Lifestyle Aggressive Portfolio** |  |  |  |  |
| **Investments in securities:** |  |  |  |  |
| **Assets** |  |  |  |  |
| Affiliated investment companies | **$3197629280** | &nbsp;&nbsp;&nbsp;&nbsp;$3197629280 |  |  |
| Common stocks | **52570** |  |  | &nbsp;&nbsp;&nbsp;&nbsp;$52570 |
| U.S. Government and Agency obligations | **20974366** |  | &nbsp;&nbsp;&nbsp;&nbsp;$20974366 |  |
| Warrants | **47** |  | &nbsp;&nbsp;&nbsp;&nbsp;47 |  |
| Short-term investments | **56419** | &nbsp;&nbsp;&nbsp;&nbsp;56419 |  |  |
| **Total investments in securities** | **$3218712682** | **$3197685699** | **$20974413** | **$52570** |
| **Multimanager Lifestyle Growth Portfolio** |  |  |  |  |
| **Investments in securities:** |  |  |  |  |
| **Assets** |  |  |  |  |
| Affiliated investment companies | **$8283783628** | &nbsp;&nbsp;&nbsp;&nbsp;$8283783628 |  |  |
| Common stocks | **119433** |  |  | &nbsp;&nbsp;&nbsp;&nbsp;$119433 |
| U.S. Government and Agency obligations | **215160174** |  | &nbsp;&nbsp;&nbsp;&nbsp;$215160174 |  |
| Warrants | **112** |  | &nbsp;&nbsp;&nbsp;&nbsp;112 |  |
| Short-term investments | **160691** | &nbsp;&nbsp;&nbsp;&nbsp;160691 |  |  |
| **Total investments in securities** | **$8499224038** | **$8283944319** | **$215160286** | **$119433** |
| **Multimanager Lifestyle Balanced Portfolio** |  |  |  |  |
| **Investments in securities:** |  |  |  |  |
| **Assets** |  |  |  |  |
| Affiliated investment companies | **$7048067268** | &nbsp;&nbsp;&nbsp;&nbsp;$7048067268 |  |  |
| Common stocks | **74006** |  |  | &nbsp;&nbsp;&nbsp;&nbsp;$74006 |
| U.S. Government and Agency obligations | **355631174** |  | &nbsp;&nbsp;&nbsp;&nbsp;$355631174 |  |
| Warrants | **89** |  | &nbsp;&nbsp;&nbsp;&nbsp;89 |  |
| Short-term investments | **149633** | &nbsp;&nbsp;&nbsp;&nbsp;149633 |  |  |
| **Total investments in securities** | **$7403922170** | **$7048216901** | **$355631263** | **$74006** |
| **Multimanager Lifestyle Moderate Portfolio** |  |  |  |  |
| **Investments in securities:** |  |  |  |  |
| **Assets** |  |  |  |  |

---

23 JOHN HANCOCK MULTIMANAGER LIFESTYLE PORTFOLIOS \|

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---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Total<br> value at<br> 6-30-25** | **Level 1<br> quoted price** | **Level 2<br> significant<br> observable<br> inputs** | **Level 3<br> significant<br> unobservable<br> inputs** |
| **Multimanager Lifestyle Moderate Portfolio (continued)** |  |  |  |  |
| Affiliated investment companies | **$1980395872** | &nbsp;&nbsp;&nbsp;&nbsp;$1980395872 |  |  |
| Common stocks | **12412** |  |  | &nbsp;&nbsp;&nbsp;&nbsp;$12412 |
| U.S. Government and Agency obligations | **136133846** |  | &nbsp;&nbsp;&nbsp;&nbsp;$136133846 |  |
| Short-term investments | **48237** | &nbsp;&nbsp;&nbsp;&nbsp;48237 |  |  |
| **Total investments in securities** | **$2116590367** | **$1980444109** | **$136133846** | **$12412** |
| **Multimanager Lifestyle Conservative Portfolio** |  |  |  |  |
| **Investments in securities:** |  |  |  |  |
| **Assets** |  |  |  |  |
| Affiliated investment companies | **$1439066801** | &nbsp;&nbsp;&nbsp;&nbsp;$1439066801 |  |  |
| U.S. Government and Agency obligations | **155149702** |  | &nbsp;&nbsp;&nbsp;&nbsp;$155149702 |  |
| Short-term investments | **41969** | &nbsp;&nbsp;&nbsp;&nbsp;41969 |  |  |
| **Total investments in securities** | **$1594258472** | **$1439108770** | **$155149702** | **—** |

---

**Inflation-indexed bonds. Inflation-indexed bonds are securities that generally have a lower coupon interest rate fixed at issuance but whose principal value is periodically adjusted based on a rate of inflation, such as the Consumer Price Index. Over the life of an inflation-indexed bond, interest is paid on the inflation adjusted principal value as described above. Increases in the principal amount of these securities are recorded as interest income. Decreases in the principal amount of these securities may reduce interest income to the extent of income previously recorded. If these decreases are in excess of income previously recorded, an adjustment to the cost of the security is made.**

**Stripped securities. Stripped securities are financial instruments structured to separate principal and interest cash flows so that one class receives principal payments from the underlying assets (PO or principal only), while the other class receives the interest cash flows (IO or interest only). Both PO and IO investments represent an interest in the cash flows of an underlying stripped security. If the underlying assets experience greater than anticipated prepayments of principal, the portfolios may fail to fully recover its initial investment in an IO security. The market value of these securities can be extremely volatile in response to changes in interest rates or prepayments on the underlying securities. In addition, these securities present additional credit risk such that the portfolios may not receive all or part of its principal or interest payments because the borrower or issuer has defaulted on its obligation.**

**Security transactions and related investment income. Investment security transactions are accounted for on a trade date plus one basis for daily NAV calculations. However, for financial reporting purposes, investment transactions are reported on trade date. Interest income is accrued as earned. Interest income includes coupon interest and amortization/accretion of premiums/discounts on debt securities. Debt obligations may be placed in a non-accrual status and related interest income may be reduced by stopping current accruals and writing off interest receivable when the collection of all or a portion of interest has become doubtful. Capital gain distributions from underlying funds are recorded on ex-date and reflected as realized gains. Dividend income is recorded on ex-date, except for dividends of certain foreign securities where the dividend may not be known until after the ex-date. In those cases, dividend income, net of withholding taxes, is recorded when the portfolio becomes aware of the dividends. Non-cash dividends, if any, are recorded at the fair market value of the securities received. Gains and losses on securities sold are determined on the basis of identified cost and may include proceeds from litigation. Return of capital distributions from underlying funds, if any, are treated as a reduction of cost.** 

**Foreign investing. Assets, including investments, and liabilities denominated in foreign currencies are translated into U.S. dollar values each day at the prevailing exchange rate. Purchases and sales of securities, income and expenses are translated into U.S. dollars at the prevailing exchange rate on the date of the transaction. The effect of changes in foreign currency exchange rates on the value of securities is reflected as a component of the realized and unrealized gains (losses) on investments. Foreign investments are subject to a decline in the value of a foreign currency versus the U.S. dollar, which reduces the dollar value of securities denominated in that currency.**

Portfolios that invest internationally generally carry more risk than portfolios that invest strictly in U.S. securities. These risks are heightened for investments in emerging markets. Risks can result from differences in economic and political conditions, regulations, market practices (including higher transaction costs), accounting standards and other factors.

**Foreign taxes. The portfolios may be subject to withholding tax on income, capital gains or repatriations imposed by certain countries, a portion of which may be recoverable. Foreign taxes are accrued based upon the portfolios' understanding of the tax rules and rates that exist in the foreign markets in which it invests. Taxes are accrued based on gains realized by the portfolios as a result of certain foreign security sales. In certain circumstances, estimated taxes are accrued based on unrealized appreciation of such securities. Investment income is recorded net of foreign withholding taxes.**

**Overdraft. The portfolios may have the ability to borrow from banks for temporary or emergency purposes, including meeting redemption requests that otherwise might require the untimely sale of securities. Pursuant to the portfolios' custodian agreement, the custodian may loan money to the portfolios to make properly authorized payments. The portfolios are obligated to repay the custodian for any overdraft, including any related costs or expenses. The custodian may have a lien, security interest or security entitlement in any portfolio property that is not otherwise segregated or pledged, to the extent of any overdraft, and to the maximum extent permitted by law. Overdrafts at period end, if any, are presented under the caption Due to custodian in the Statements of assets and liabilities.**

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**Line of credit. The portfolios and other affiliated funds have entered into a syndicated line of credit agreement with Citibank, N.A. as the administrative agent that enables them to participate in a $1 billion unsecured committed line of credit, which is in effect through July 13, 2026 unless extended or renewed. Excluding commitments designated for certain funds and subject to the needs of all other affiliated funds, a portfolio can borrow up to an aggregate commitment amount of $750 million, subject to asset coverage and other limitations as specified in the agreement. A commitment fee payable at the end of each calendar quarter, based on the average daily unused portion of each line of credit, is charged to each participating portfolio based on an asset-based allocation and is reflected in Other expenses on the Statements of operations. For the six months ended June 30, 2025, the portfolios had no borrowings under the line of credit.**

Commitment fees for the six months ended June 30, 2025 were as follows:

---

| | |
|:---|:---|
| **Portfolio** | &nbsp;&nbsp;&nbsp;**Commitment fee** |
| Multimanager Lifestyle Aggressive Portfolio | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $8442 |
| Multimanager Lifestyle Growth Portfolio | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 21974 |
| Multimanager Lifestyle Balanced Portfolio | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 19394 |
| Multimanager Lifestyle Moderate Portfolio | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5740 |
| Multimanager Lifestyle Conservative Portfolio | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4390 |

---

**Expenses. Within the John Hancock group of funds complex, expenses that are directly attributable to an individual portfolio are allocated to such portfolio. Expenses that are not readily attributable to a specific portfolio are allocated among all portfolios in an equitable manner, taking into consideration, among other things, the nature and type of expense and each portfolio's relative net assets. Expense estimates are accrued in the period to which they relate and adjustments are made when actual amounts are known.**

**Class allocations. Income, common expenses and realized and unrealized gains (losses) are determined at the portfolio level and allocated daily to each class of shares based on the net assets of the class. Class-specific expenses, such as distribution and service fees, if any, and transfer agent fees, for all classes, are charged daily at the class level based on the net assets of each class and the specific expense rates applicable to each class.**

**Federal income taxes. Each portfolio intends to continue to qualify as a regulated investment company by complying with the applicable provisions of the Internal Revenue Code and will not be subject to federal income tax on taxable income that is distributed to shareholders. Therefore, no federal income tax provision is required.**

For federal income tax purposes, as of December 31, 2024, certain portfolios have capital loss carryforwards available to offset future net realized capital gains. The following table details the capital loss carryforwards available as of December 31, 2024:

---

| | | |
|:---|:---|:---|
|  | &nbsp;&nbsp;&nbsp;**No Expiration Date** | &nbsp;&nbsp;&nbsp;**No Expiration Date** |
| **Portfolio** | &nbsp;&nbsp;&nbsp;**Short Term** | &nbsp;&nbsp;&nbsp;**Long Term** |
| Multimanager Lifestyle Conservative Portfolio | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $3049222 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $36413304 |

---

As of December 31, 2024, the portfolios had no uncertain tax positions that would require financial statement recognition, derecognition or disclosure. The portfolios' federal tax returns are subject to examination by the Internal Revenue Service for a period of three years.

For federal income tax purposes, the costs of investments owned on June 30, 2025, including short-term investments, were as follows:

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Portfolio** | &nbsp;&nbsp;&nbsp;**Aggregate<br> cost** | &nbsp;&nbsp;&nbsp;**Unrealized<br> appreciation** | &nbsp;&nbsp;&nbsp;**Unrealized<br> (depreciation)** | &nbsp;&nbsp;&nbsp;**Net unrealized<br> appreciation/<br> (depreciation)** |
| Multimanager Lifestyle Aggressive Portfolio | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $2518029288 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $706607256 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $(5923862) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $700683394 |
| Multimanager Lifestyle Growth Portfolio | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7063825551 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1509889737 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (74491250) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1435398487 |
| Multimanager Lifestyle Balanced Portfolio | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6589011805 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 944278893 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (129368528) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 814910365 |
| Multimanager Lifestyle Moderate Portfolio | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2034683400 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 148641225 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (66734258) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 81906967 |
| Multimanager Lifestyle Conservative Portfolio | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1645314453 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 11750128 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (62806109) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (51055981) |

---

**Distribution of income and gains. Distributions to shareholders from net investment income and net realized gains, if any, are recorded on the ex-date. The Multimanager Lifestyle Aggressive Portfolio and Multimanager Lifestyle Growth Portfolio generally declare and pay dividends and capital gain distributions, if any, at least annually. The Multimanager Lifestyle Balanced Portfolio, Multimanager Lifestyle Moderate Portfolio and Multimanager Lifestyle Conservative Portfolio generally declare and pay dividends quarterly and capital gain distributions, if any, at least annually.**

Distributions paid by the portfolios with respect to each class of shares are calculated in the same manner, at the same time and in the same amount, except for the effect of class level expenses that may be applied differently to each class.

Such distributions, on a tax basis, if any, are determined in conformity with income tax regulations, which may differ from US GAAP. Distributions in excess of tax basis earnings and profits, if any, are reported in the portfolios' financial statements as a return of capital. The final determination of tax characteristics of the portfolios' distribution will occur at the end of the year and will subsequently be reported to shareholders. Short-term gains from underlying funds are treated as ordinary income for tax purposes.

Capital accounts within the financial statements are adjusted for permanent book-tax differences at fiscal year end. These adjustments have no impact on net assets or the results of operations. Temporary book-tax differences, if any, will reverse in a subsequent period. Book-tax differences are primarily attributable to wash sale loss deferrals.

25 JOHN HANCOCK MULTIMANAGER LIFESTYLE PORTFOLIOS \|

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#### Note 3 — Guarantees and indemnifications
Under the Trust's organizational documents, its Officers and Trustees are indemnified against certain liabilities arising out of the performance of their duties to the Trust, including the portfolios. Additionally, in the normal course of business, the Trust enters into contracts with service providers that contain general indemnification clauses. The Trust's maximum exposure under these arrangements is unknown, as this would involve future claims that may be made against the Trust that have not yet occurred. The risk of material loss from such claims is considered remote.

#### Note 4 — Fees and transactions with affiliates
John Hancock Investment Management LLC (the Advisor) serves as investment advisor for the portfolios. John Hancock Investment Management Distributors LLC (the Distributor), an affiliate of the Advisor, serves as principal underwriter of the portfolios. The Advisor and the Distributor are indirect, principally owned subsidiaries of John Hancock Life Insurance Company (U.S.A.), which in turn is a subsidiary of Manulife Financial Corporation.

**Management fee. The portfolios have an investment management agreement with the Advisor under which the portfolios pay a daily management fee to the Advisor as detailed below. The Advisor has a subadvisory agreement with Manulife Investment Management (US) LLC, an indirect, wholly owned subsidiary of MFC and an affiliate of the Advisor. The portfolios are not responsible for payment of the subadvisory fees.**

The management fee has two components: (1) a fee on assets invested in a fund of John Hancock Funds II (JHF II) or John Hancock Funds III (JHF III); and (2) a fee on assets invested in investments other than a fund of JHF II or JHF III (Other assets). Aggregate net assets include the net assets of the portfolios, similar portfolios of John Hancock Variable Insurance Trust (JHVIT), and similar portfolios of the Trust. JHVIT funds are advised by an affiliate of the Advisor, John Hancock Variable Trust Advisers LLC and are distributed by an affiliate of the Advisor, John Hancock Distributors, LLC.

Management fees are determined in accordance with the following schedule:

---

| | | |
|:---|:---|:---|
|  | &nbsp;&nbsp;&nbsp;**First $7.5 billion of aggregate net assets** | &nbsp;&nbsp;&nbsp;**Excess over $7.5 billion of aggregate net assets** |
| Assets in a fund of the Trust or JHF III | &nbsp;&nbsp;0.050% | &nbsp;&nbsp;0.040% |
| Other assets | &nbsp;&nbsp;0.500% | &nbsp;&nbsp;0.490% |

---

The Advisor had contractually agreed to waive and/or reimburse all class-specific expenses for Class A and Class I shares of the portfolios to the extent they exceeded 0.41% and 0.11%, respectively, of average net assets on an annualized basis attributable to the class (the class expense waiver). The class expense waiver expired on April 30, 2025.

The Advisor had contractually agreed to reduce its management fee and/or make payment to each portfolio in an amount equal to the amount by which "Other expenses" of a portfolio exceeded 0.05% of the average annual net assets (on an annualized basis) of the portfolio. "Other expenses" means all of the expenses of a portfolio, excluding certain expenses such as management fees, taxes, brokerage commissions, interest expense, litigation and indemnification expenses and other extraordinary expenses not incurred in the ordinary course of the portfolio's business, class-specific expenses, underlying fund expenses (acquired fund fees), and short dividend expense. The expense limitation agreement expired on April 30, 2025.

Additionally, the Advisor voluntarily agreed to waive its advisory fee for each portfolio so that the aggregate advisory fee retained by the Advisor with respect to both the portfolio and its underlying investments (after payment of subadvisory fees) does not exceed 0.50% of the portfolio's first $7.5 billion of average net assets and 0.49% of the portfolio's average net assets in excess of $7.5 billion. This voluntary waiver may be amended or terminated at any time by the Advisor upon notice to the portfolio.

For the six months ended June 30, 2025, the expense reductions under these agreements amounted to the following and are reflected as a reduction of total expenses in the Statements of operations:

---

| | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Expense reimbursement by class** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Expense reimbursement by class** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Expense reimbursement by class** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Expense reimbursement by class** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Expense reimbursement by class** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Expense reimbursement by class** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Expense reimbursement by class** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Expense reimbursement by class** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Expense reimbursement by class** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Expense reimbursement by class** |
| **Portfolio** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Class A** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Class C** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Class I** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Class R2** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Class R4** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Class R5** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Class R6** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Class 1** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Class 5** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total** |
| Multimanager Lifestyle Aggressive Portfolio | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $497521 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $24633 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $6795 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $11084 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $1012 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $3556 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $60258 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $2086227 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $2691086 |
| Multimanager Lifestyle Growth Portfolio | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1417411 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 55301 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 21801 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 16730 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2016 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5354 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 104327 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4456946 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $302646 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6382532 |
| Multimanager Lifestyle Balanced Portfolio | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1128286 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 29088 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 18745 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 10159 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2457 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5104 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 91200 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3401699 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 103438 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4790176 |
| Multimanager Lifestyle Moderate Portfolio | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 350597 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 11393 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 10457 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3947 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 286 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6283 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 24905 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 723185 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 29167 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1160220 |
| Multimanager Lifestyle Conservative Portfolio | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 272926 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6967 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5051 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2289 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 849 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 532 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 12780 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 435080 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 736474 |

---

Expenses waived or reimbursed in the current fiscal period are not subject to recapture in future fiscal periods.

The investment management fees, including the impact of the waivers and reimbursements as described above, incurred for the six months ended June 30, 2025, were equivalent to a net annual effective rate of the portfolio's average daily net assets as follows:

---

| | |
|:---|:---|
| **Portfolio** | &nbsp;&nbsp;&nbsp;**Net Annual Effective Rate** |
| Multimanager Lifestyle Aggressive Portfolio | &nbsp;&nbsp;0.08% |
| Multimanager Lifestyle Growth Portfolio | &nbsp;&nbsp;0.09% |
| Multimanager Lifestyle Balanced Portfolio | &nbsp;&nbsp;0.11% |

---

---

| | |
|:---|:---|
| **Portfolio** | &nbsp;&nbsp;&nbsp;**Net Annual Effective Rate** |
| Multimanager Lifestyle Moderate Portfolio | &nbsp;&nbsp;0.13% |
| Multimanager Lifestyle Conservative Portfolio | &nbsp;&nbsp;0.16% |

---

\| JOHN HANCOCK MULTIMANAGER LIFESTYLE PORTFOLIOS 26

------

[**Table of Contents**](#JOB_JHF_I_be009a45-7972-4dc8-84b4-5fe415748d09_TofC)

**Accounting and legal services. Pursuant to a service agreement, the portfolios reimburse the Advisor for all expenses associated with providing the administrative, financial, legal, compliance, accounting and recordkeeping services to the portfolios, including the preparation of all tax returns, periodic reports to shareholders and regulatory reports, among other services. These expenses are allocated to each share class based on its relative net assets at the time the expense was incurred. These accounting and legal services fees incurred, for the six months ended June 30, 2025, amounted to an annual rate of 0.02% of the portfolios' average daily net assets.**

**Distribution and service plans. The portfolios have a distribution agreement with the Distributor. The portfolios have adopted distribution and service plans for certain classes as detailed below pursuant to Rule 12b-1 under the 1940 Act, to pay the Distributor for services provided as the distributor of shares of the portfolios. In addition, under a service plan for certain classes as detailed below, the portfolios pay for certain other services. The portfolios may pay up to the following contractual rates of distribution and service fees under these arrangements, expressed as an annual percentage of average daily net assets for each class of the portfolios' shares:**

---

| | | |
|:---|:---|:---|
| **Class** | &nbsp;&nbsp;&nbsp;**Rule 12b-1 Fee** | &nbsp;&nbsp;&nbsp;**Service fee** |
| Class A | &nbsp;&nbsp;0.30% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| Class C | &nbsp;&nbsp;1.00% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| Class R2 | &nbsp;&nbsp;0.25% | &nbsp;&nbsp;0.25% |
| Class R4 | &nbsp;&nbsp;0.25% | &nbsp;&nbsp;0.10% |
| Class R5 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;0.05% |
| Class 1 | &nbsp;&nbsp;0.05% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |

---

The portfolios' Distributor has contractually agreed to waive 0.10% of Rule 12b-1 fees for Class R4 shares. The current waiver agreement expires on April 30, 2026, unless renewed by mutual agreement of the portfolios and the Distributor based upon a determination that this is appropriate under the circumstances at the time. This contractual waiver amounted to the following for Class R4 shares for the six months ended June 30, 2025:

---

| | |
|:---|:---|
| **Portfolio** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Class R4** |
| Multimanager Lifestyle Aggressive Portfolio | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $583 |
| Multimanager Lifestyle Growth Portfolio | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1314 |
| Multimanager Lifestyle Balanced Portfolio | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1886 |

---

---

| | |
|:---|:---|
| **Portfolio** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Class R4** |
| Multimanager Lifestyle Moderate Portfolio | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $262 |
| Multimanager Lifestyle Conservative Portfolio | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 925 |

---

**Sales charges. Class A shares are assessed up-front sales charges of up to 4.50% of net asset value for such shares. The following table summarizes the net up-front sales charges received by the Distributor during the six months ended June 30, 2025:**

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**Multimanager Lifestyle Aggressive Portfolio** | &nbsp;&nbsp;**Multimanager Lifestyle Growth Portfolio** | &nbsp;&nbsp;**Multimanager Lifestyle Balanced Portfolio** | &nbsp;&nbsp;**Multimanager Lifestyle Moderate Portfolio** | &nbsp;&nbsp;**Multimanager Lifestyle Conservative Portfolio** |
| Total sales charges | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $66392 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $205499 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $123821 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $49946 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $35393 |
| Retained for printing prospectus, advertising and sales literature | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7753 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 24513 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 13940 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4884 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2240 |
| Sales commission to unrelated broker-dealers | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 58639 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 180986 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 109881 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 45062 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 33153 |

---

Class A and Class C shares may be subject to contingent deferred sales charges (CDSCs). Certain Class A shares purchased, including those that are acquired through purchases of $250,000 or more, and redeemed within one year of purchase are subject to a 1.00% CDSC. Class C shares that are redeemed within one year of purchase are subject to a 1.00% CDSC. CDSCs are applied to the lesser of the current market value at the time of redemption or the original purchase cost of the shares being redeemed. Proceeds from CDSCs are used to compensate the Distributor for providing distribution-related services in connection with the sale of these shares. During the six months ended June 30, 2025, CDSCs received by the Distributor for Class A and Class C shares were as follows:

---

| | | |
|:---|:---|:---|
| **Portfolio** | &nbsp;&nbsp;&nbsp;**Class A** | &nbsp;&nbsp;&nbsp;**Class C** |
| Multimanager Lifestyle Aggressive Portfolio | &nbsp;&nbsp; $1862 | &nbsp;&nbsp; $2597 |
| Multimanager Lifestyle Growth Portfolio | &nbsp;&nbsp; 8903 | &nbsp;&nbsp; 3850 |
| Multimanager Lifestyle Balanced Portfolio | &nbsp;&nbsp; 4342 | &nbsp;&nbsp; 2245 |
| Multimanager Lifestyle Moderate Portfolio | &nbsp;&nbsp; 8007 | &nbsp;&nbsp; 603 |
| Multimanager Lifestyle Conservative Portfolio | &nbsp;&nbsp; 5448 | &nbsp;&nbsp; 470 |

---

**Transfer agent fees. The John Hancock group of funds has a complex-wide transfer agent agreement with John Hancock Signature Services, Inc. (Signature Services), an affiliate of the Advisor. The transfer agent fees paid to Signature Services are determined based on the cost to Signature Services (Signature Services Cost) of providing recordkeeping services. It also includes out-of-pocket expenses, including payments made to third-parties for recordkeeping services provided to their clients who invest in one or more John Hancock funds. In addition, Signature Services Cost may be reduced by certain fees that Signature Services receives in connection with retirement and small accounts. Signature Services Cost is calculated monthly and allocated, as applicable, to three categories of share classes: Retail Share Classes of Non-Municipal Bond Funds, Retirement Share Classes and Retail Share Classes of Municipal Bond Funds. Within each of these categories, the applicable costs are allocated to the affected John Hancock affiliated funds and/or classes, based on the relative average daily net assets.**

27 JOHN HANCOCK MULTIMANAGER LIFESTYLE PORTFOLIOS \|

------

[**Table of Contents**](#JOB_JHF_I_be009a45-7972-4dc8-84b4-5fe415748d09_TofC)

#### Class level expenses. Class level expenses for the six months ended June 30, 2025 were as follows:

---

| | | | |
|:---|:---|:---|:---|
| **Portfolio** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Class** | &nbsp;&nbsp;&nbsp;**Distribution and service fees** | &nbsp;&nbsp;&nbsp;**Transfer agent fees** |
| Multimanager Lifestyle Aggressive Portfolio | &nbsp;&nbsp;&nbsp;&nbsp;Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $841423 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $323579 |
|  | &nbsp;&nbsp;&nbsp;&nbsp;Class C | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 142407 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 16432 |
|  | &nbsp;&nbsp;&nbsp;&nbsp;Class I | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4416 |
|  | &nbsp;&nbsp;&nbsp;&nbsp;Class R2 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 32195 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 328 |
|  | &nbsp;&nbsp;&nbsp;&nbsp;Class R4 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1976 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 30 |
|  | &nbsp;&nbsp;&nbsp;&nbsp;Class R5 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1020 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 105 |
|  | &nbsp;&nbsp;&nbsp;&nbsp;Class R6 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1781 |
|  | &nbsp;&nbsp;&nbsp;&nbsp;Class 1 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 602005 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
|  | &nbsp;&nbsp;&nbsp;&nbsp;**Total** | &nbsp;&nbsp;**$1621026** | &nbsp;&nbsp;&nbsp;&nbsp;**$346671** |
| Multimanager Lifestyle Growth Portfolio | &nbsp;&nbsp;&nbsp;&nbsp;Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $2688292 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $1033919 |
|  | &nbsp;&nbsp;&nbsp;&nbsp;Class C | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 359536 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 41490 |
|  | &nbsp;&nbsp;&nbsp;&nbsp;Class I | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 15892 |
|  | &nbsp;&nbsp;&nbsp;&nbsp;Class R2 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 53562 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 557 |
|  | &nbsp;&nbsp;&nbsp;&nbsp;Class R4 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4596 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 67 |
|  | &nbsp;&nbsp;&nbsp;&nbsp;Class R5 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1738 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 178 |
|  | &nbsp;&nbsp;&nbsp;&nbsp;Class R6 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3469 |
|  | &nbsp;&nbsp;&nbsp;&nbsp;Class 1 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1446411 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
|  | &nbsp;&nbsp;&nbsp;&nbsp;**Total** | &nbsp;&nbsp;**$4554135** | &nbsp;&nbsp;**$1095572** |
| Multimanager Lifestyle Balanced Portfolio | &nbsp;&nbsp;&nbsp;&nbsp;Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $2502952 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $962711 |
|  | &nbsp;&nbsp;&nbsp;&nbsp;Class C | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 222258 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 25653 |
|  | &nbsp;&nbsp;&nbsp;&nbsp;Class I | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 15967 |
|  | &nbsp;&nbsp;&nbsp;&nbsp;Class R2 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 37507 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 398 |
|  | &nbsp;&nbsp;&nbsp;&nbsp;Class R4 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6063 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 96 |
|  | &nbsp;&nbsp;&nbsp;&nbsp;Class R5 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1850 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 200 |
|  | &nbsp;&nbsp;&nbsp;&nbsp;Class R6 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3561 |
|  | &nbsp;&nbsp;&nbsp;&nbsp;Class 1 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1296836 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
|  | &nbsp;&nbsp;&nbsp;&nbsp;**Total** | &nbsp;&nbsp;**$4067466** | &nbsp;&nbsp;**$1008586** |
| Multimanager Lifestyle Moderate Portfolio | &nbsp;&nbsp;&nbsp;&nbsp;Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $919897 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $353832 |
|  | &nbsp;&nbsp;&nbsp;&nbsp;Class C | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 103723 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 11972 |
|  | &nbsp;&nbsp;&nbsp;&nbsp;Class I | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 10528 |
|  | &nbsp;&nbsp;&nbsp;&nbsp;Class R2 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 17277 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 184 |
|  | &nbsp;&nbsp;&nbsp;&nbsp;Class R4 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 884 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 13 |
|  | &nbsp;&nbsp;&nbsp;&nbsp;Class R5 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2775 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 292 |
|  | &nbsp;&nbsp;&nbsp;&nbsp;Class R6 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1150 |
|  | &nbsp;&nbsp;&nbsp;&nbsp;Class 1 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 328066 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
|  | &nbsp;&nbsp;&nbsp;&nbsp;**Total** | &nbsp;&nbsp;**$1372622** | &nbsp;&nbsp;&nbsp;&nbsp;**$377971** |
| Multimanager Lifestyle Conservative Portfolio | &nbsp;&nbsp;&nbsp;&nbsp;Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $853468 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $328285 |
|  | &nbsp;&nbsp;&nbsp;&nbsp;Class C | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 75929 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8764 |
|  | &nbsp;&nbsp;&nbsp;&nbsp;Class I | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6069 |
|  | &nbsp;&nbsp;&nbsp;&nbsp;Class R2 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 11839 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 128 |
|  | &nbsp;&nbsp;&nbsp;&nbsp;Class R4 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3239 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 47 |
|  | &nbsp;&nbsp;&nbsp;&nbsp;Class R5 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 235 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 30 |
|  | &nbsp;&nbsp;&nbsp;&nbsp;Class R6 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 713 |
|  | &nbsp;&nbsp;&nbsp;&nbsp;Class 1 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 236745 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
|  | &nbsp;&nbsp;&nbsp;&nbsp;**Total** | &nbsp;&nbsp;**$1181455** | &nbsp;&nbsp;&nbsp;&nbsp;**$344036** |

---

**Trustee expenses. The portfolios compensate each Trustee who is not an employee of the Advisor or its affiliates. The costs of paying Trustee compensation and expenses are allocated to each portfolio based on their net assets relative to other funds within the John Hancock group of funds complex.**

\| JOHN HANCOCK MULTIMANAGER LIFESTYLE PORTFOLIOS 28

------

[**Table of Contents**](#JOB_JHF_I_be009a45-7972-4dc8-84b4-5fe415748d09_TofC)

**Interfund lending program. Pursuant to an Exemptive Order issued by the SEC, the portfolios, along with certain other funds advised by the Advisor or its affiliates, may participate in an interfund lending program. This program provides an alternative credit facility allowing the portfolios to borrow from, or lend money to, other participating affiliated funds. At period end, no interfund loans were outstanding. The portfolios' activity in this program during the period for which loans were outstanding was as follows:**

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Portfolio** | &nbsp;&nbsp;&nbsp;**Borrower<br> or Lender** | &nbsp;&nbsp;&nbsp;**Weighted Average<br> Loan Balance** | &nbsp;&nbsp;&nbsp;**Days<br> Outstanding** | &nbsp;&nbsp;&nbsp;**Weighted Average<br> Interest Rate** | &nbsp;&nbsp;&nbsp;**Interest Income<br> (Expense)** |
| Multimanager Lifestyle Growth Portfolio | &nbsp;&nbsp;Borrower | &nbsp;&nbsp;$10100000 | &nbsp;&nbsp;5 | &nbsp;&nbsp;4.805% | &nbsp;&nbsp;$(6740) |

---

#### Note 5 — Portfolio share transactions
Transactions in portfolios' shares for the six months ended June 30, 2025 and for the year ended December 31, 2024 were as follows:

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Multimanager Lifestyle Aggressive Portfolio** | &nbsp;&nbsp;&nbsp;**Six Months Ended 6-30-25** | &nbsp;&nbsp;&nbsp;**Six Months Ended 6-30-25** | &nbsp;&nbsp;&nbsp;**Year Ended 12-31-24** | &nbsp;&nbsp;&nbsp;**Year Ended 12-31-24** |
|  | &nbsp;&nbsp;&nbsp;**Shares** | &nbsp;&nbsp;&nbsp;**Amount** | &nbsp;&nbsp;&nbsp;**Shares** | &nbsp;&nbsp;&nbsp;**Amount** |
| **Class A shares** |  |  |  |  |
| Sold | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1037778 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $15233692 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2028051 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $28999360 |
| Distributions reinvested | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1004231 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 14661793 |
| Repurchased | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (2754869) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (40504183) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (5858632) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (84017931) |
| **Net decrease** | &nbsp;&nbsp;&nbsp;&nbsp; **(1717091)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **$(25270491)** | &nbsp;&nbsp;&nbsp;&nbsp; **(2826350)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **$(40356778)** |
| **Class C shares** |  |  |  |  |
| Sold | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 149833 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $2189980 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 289141 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $4149703 |
| Distributions reinvested | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 39072 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 572008 |
| Repurchased | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (372993) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (5476374) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (813981) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (11593084) |
| **Net decrease** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **(223160)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **$(3286394)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **(485768)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **$(6871373)** |
| **Class I shares** |  |  |  |  |
| Sold | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 89143 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $1297385 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 201223 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $2857001 |
| Distributions reinvested | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 12562 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 182526 |
| Repurchased | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (101802) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (1462436) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (253641) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (3629332) |
| **Net decrease** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **(12659)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **$(165051)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **(39856)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **$(589805)** |
| **Class R2 shares** |  |  |  |  |
| Sold | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 43552 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $622168 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 116219 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $1643196 |
| Distributions reinvested | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 23720 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 342043 |
| Repurchased | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (162003) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (2387866) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (154704) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (2222029) |
| **Net decrease** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **(118451)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **$(1765698)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **(14765)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **$(236790)** |
| **Class R4 shares** |  |  |  |  |
| Sold | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 16950 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $251995 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6530 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $92123 |
| Distributions reinvested | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2153 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 31197 |
| Repurchased | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (9379) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (136185) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (26208) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (380128) |
| **Net increase (decrease)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **7571** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **$115810** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **(17525)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **$(256808)** |
| **Class R5 shares** |  |  |  |  |
| Sold | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 12032 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $176246 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 29337 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $420784 |
| Distributions reinvested | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8367 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 121744 |
| Repurchased | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (27250) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (397638) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (62718) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (879655) |
| **Net decrease** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **(15218)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **$(221392)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **(25014)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **$(337127)** |
| **Class R6 shares** |  |  |  |  |
| Sold | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 675811 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $9954552 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1302777 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $18674660 |
| Distributions reinvested | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 125047 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1816939 |
| Repurchased | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (583768) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (8575332) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (2128562) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (30231171) |
| **Net increase (decrease)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **92043** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **$1379220** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **(700738)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **$(9739572)** |

---

29 JOHN HANCOCK MULTIMANAGER LIFESTYLE PORTFOLIOS \|

------

[**Table of Contents**](#JOB_JHF_I_be009a45-7972-4dc8-84b4-5fe415748d09_TofC)

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Multimanager Lifestyle Aggressive Portfolio , Cont'd** | &nbsp;&nbsp;&nbsp;**Six Months Ended 6-30-25** | &nbsp;&nbsp;&nbsp;**Six Months Ended 6-30-25** | &nbsp;&nbsp;&nbsp;**Year Ended 12-31-24** | &nbsp;&nbsp;&nbsp;**Year Ended 12-31-24** |
|  | &nbsp;&nbsp;&nbsp;**Shares** | &nbsp;&nbsp;&nbsp;**Amount** | &nbsp;&nbsp;&nbsp;**Shares** | &nbsp;&nbsp;&nbsp;**Amount** |
| **Class 1 shares** |  |  |  |  |
| Sold | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 562597 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $8192727 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1484458 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $21474370 |
| Distributions reinvested | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5048887 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 73158368 |
| Repurchased | &nbsp;&nbsp;&nbsp;&nbsp; (12964245) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (190372769) | &nbsp;&nbsp;&nbsp;&nbsp; (23338031) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (332771213) |
| **Net decrease** | &nbsp;&nbsp;&nbsp;&nbsp; **(12401648)** | &nbsp;&nbsp;&nbsp;&nbsp; **$(182180042)** | &nbsp;&nbsp;&nbsp;&nbsp; **(16804686)** | &nbsp;&nbsp;&nbsp;&nbsp; **$(238138475)** |
| **Total net decrease** | &nbsp;&nbsp; **(14388613)** | &nbsp;&nbsp; **$(211394038)** | &nbsp;&nbsp; **(20914702)** | &nbsp;&nbsp; **$(296526728)** |

---

#### &nbsp;&nbsp;&nbsp;&nbsp;

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Multimanager Lifestyle Growth Portfolio** | &nbsp;&nbsp;&nbsp;**Six Months Ended 6-30-25** | &nbsp;&nbsp;&nbsp;**Six Months Ended 6-30-25** | &nbsp;&nbsp;&nbsp;**Year Ended 12-31-24** | &nbsp;&nbsp;&nbsp;**Year Ended 12-31-24** |
|  | &nbsp;&nbsp;&nbsp;**Shares** | &nbsp;&nbsp;&nbsp;**Amount** | &nbsp;&nbsp;&nbsp;**Shares** | &nbsp;&nbsp;&nbsp;**Amount** |
| **Class A shares** |  |  |  |  |
| Sold | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2876433 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $40978626 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7136332 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $99198189 |
| Distributions reinvested | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3225188 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 45571918 |
| Repurchased | &nbsp;&nbsp;&nbsp;&nbsp; (10359746) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (147178253) | &nbsp;&nbsp;&nbsp;&nbsp; (20426259) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (284584603) |
| **Net decrease** | &nbsp;&nbsp;&nbsp;&nbsp; **(7483313)** | &nbsp;&nbsp;&nbsp;&nbsp; **$(106199627)** | &nbsp;&nbsp;&nbsp;&nbsp; **(10064739)** | &nbsp;&nbsp;&nbsp;&nbsp; **$(139814496)** |
| **Class C shares** |  |  |  |  |
| Sold | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 262505 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $3719022 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 521058 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $7205262 |
| Distributions reinvested | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 99242 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1402290 |
| Repurchased | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (932436) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (13254338) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (2218178) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (30632270) |
| **Net decrease** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **(669931)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **$(9535316)** | &nbsp;&nbsp;&nbsp;&nbsp; **(1597878)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **$(22024718)** |
| **Class I shares** |  |  |  |  |
| Sold | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 518208 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $7316124 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 878639 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $12243935 |
| Distributions reinvested | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 53457 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 748400 |
| Repurchased | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (575468) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (8142539) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (1150488) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (16052062) |
| **Net decrease** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **(57260)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **$(826415)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **(218392)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **$(3059727)** |
| **Class R2 shares** |  |  |  |  |
| Sold | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 50515 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $707974 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 120018 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $1641539 |
| Distributions reinvested | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 39423 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 549957 |
| Repurchased | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (154057) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (2168859) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (604283) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (8497021) |
| **Net decrease** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **(103542)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **$(1460885)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **(444842)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **$(6305525)** |
| **Class R4 shares** |  |  |  |  |
| Sold | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7133 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $102287 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 29535 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $409758 |
| Distributions reinvested | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7294 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 102848 |
| Repurchased | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (104358) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (1465642) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (14967) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (215272) |
| **Net increase (decrease)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **(97225)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **$(1363355)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **21862** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **$297334** |
| **Class R5 shares** |  |  |  |  |
| Sold | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 21205 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $305089 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 266725 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $3838959 |
| Distributions reinvested | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 15757 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 223114 |
| Repurchased | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (99734) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (1421871) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (197505) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (2813919) |
| **Net increase (decrease)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **(78529)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **$(1116782)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **84977** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **$1248154** |
| **Class R6 shares** |  |  |  |  |
| Sold | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1331005 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $18919336 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2627085 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $36823881 |
| Distributions reinvested | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 239636 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3359700 |
| Repurchased | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (1338254) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (18918170) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (3249691) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (45385065) |
| **Net increase (decrease)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **(7249)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **$1166** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **(382970)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **$(5201484)** |

---

\| JOHN HANCOCK MULTIMANAGER LIFESTYLE PORTFOLIOS 30

------

[**Table of Contents**](#JOB_JHF_I_be009a45-7972-4dc8-84b4-5fe415748d09_TofC)

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Multimanager Lifestyle Growth Portfolio , Cont'd** | &nbsp;&nbsp;&nbsp;**Six Months Ended 6-30-25** | &nbsp;&nbsp;&nbsp;**Six Months Ended 6-30-25** | &nbsp;&nbsp;&nbsp;**Year Ended 12-31-24** | &nbsp;&nbsp;&nbsp;**Year Ended 12-31-24** |
|  | &nbsp;&nbsp;&nbsp;**Shares** | &nbsp;&nbsp;&nbsp;**Amount** | &nbsp;&nbsp;&nbsp;**Shares** | &nbsp;&nbsp;&nbsp;**Amount** |
| **Class 1 shares** |  |  |  |  |
| Sold | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 355224 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $4985396 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1023771 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $14228010 |
| Distributions reinvested | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 12252212 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 171776011 |
| Repurchased | &nbsp;&nbsp;&nbsp;&nbsp; (33822809) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (481398910) | &nbsp;&nbsp;&nbsp;&nbsp; (61089867) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (847031124) |
| **Net decrease** | &nbsp;&nbsp;&nbsp;&nbsp; **(33467585)** | &nbsp;&nbsp;&nbsp;&nbsp; **$(476413514)** | &nbsp;&nbsp;&nbsp;&nbsp; **(47813884)** | &nbsp;&nbsp;&nbsp;&nbsp; **$(661027103)** |
| **Class 5 shares** |  |  |  |  |
| Sold | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 292401 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $4089532 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 639267 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $8931803 |
| Distributions reinvested | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 823525 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 11521115 |
| Repurchased | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (911328) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (12899468) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (2162705) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (29968890) |
| **Net decrease** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **(618927)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **$(8809936)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **(699913)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **$(9515972)** |
| **Total net decrease** | &nbsp;&nbsp; **(42583561)** | &nbsp;&nbsp; **$(605724664)** | &nbsp;&nbsp; **(61115779)** | &nbsp;&nbsp; **$(845403537)** |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Multimanager Lifestyle Balanced Portfolio** | &nbsp;&nbsp;&nbsp;**Six Months Ended 6-30-25** | &nbsp;&nbsp;&nbsp;**Six Months Ended 6-30-25** | &nbsp;&nbsp;&nbsp;**Year Ended 12-31-24** | &nbsp;&nbsp;&nbsp;**Year Ended 12-31-24** |
|  | &nbsp;&nbsp;&nbsp;**Shares** | &nbsp;&nbsp;&nbsp;**Amount** | &nbsp;&nbsp;&nbsp;**Shares** | &nbsp;&nbsp;&nbsp;**Amount** |
| **Class A shares** |  |  |  |  |
| Sold | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2544309 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $34659059 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6150219 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $81987939 |
| Distributions reinvested | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 774012 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 10676135 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3212142 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 43206841 |
| Repurchased | &nbsp;&nbsp;&nbsp;&nbsp; (10803790) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (146493960) | &nbsp;&nbsp;&nbsp;&nbsp; (22082866) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (293248712) |
| **Net decrease** | &nbsp;&nbsp;&nbsp;&nbsp; **(7485469)** | &nbsp;&nbsp;&nbsp;&nbsp; **$(101158766)** | &nbsp;&nbsp;&nbsp;&nbsp; **(12720505)** | &nbsp;&nbsp;&nbsp;&nbsp; **$(168053932)** |
| **Class C shares** |  |  |  |  |
| Sold | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 213730 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $2897075 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 304152 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $4022280 |
| Distributions reinvested | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9371 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 129361 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 66837 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 898547 |
| Repurchased | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (744892) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (10080323) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (1783209) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (23626782) |
| **Net decrease** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **(521791)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **$(7053887)** | &nbsp;&nbsp;&nbsp;&nbsp; **(1412220)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **$(18705955)** |
| **Class I shares** |  |  |  |  |
| Sold | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 589417 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $7905088 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 972726 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $12788481 |
| Distributions reinvested | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 15151 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 207038 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 54352 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 724089 |
| Repurchased | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (531094) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (7169953) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (1252906) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (16475854) |
| **Net increase (decrease)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **73474** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **$942173** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **(225828)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **$(2963284)** |
| **Class R2 shares** |  |  |  |  |
| Sold | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 62496 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $838600 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 125224 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $1645060 |
| Distributions reinvested | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6653 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 90952 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 31214 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 416153 |
| Repurchased | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (209455) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (2812331) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (564929) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (7556840) |
| **Net decrease** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **(140306)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **$(1882779)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **(408491)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **$(5495627)** |
| **Class R4 shares** |  |  |  |  |
| Sold | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 10177 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $138525 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 30431 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $404663 |
| Distributions reinvested | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1848 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 25381 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9824 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 131641 |
| Repurchased | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (126465) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (1702825) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (78415) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (1037440) |
| **Net decrease** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **(114440)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **$(1538919)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **(38160)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **$(501136)** |
| **Class R5 shares** |  |  |  |  |
| Sold | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 26839 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $366312 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 62272 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $823473 |
| Distributions reinvested | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4332 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 59712 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 22597 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 303490 |
| Repurchased | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (248036) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (3363562) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (273920) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (3707259) |
| **Net decrease** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **(216865)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **$(2937538)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **(189051)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **$(2580296)** |

---

31 JOHN HANCOCK MULTIMANAGER LIFESTYLE PORTFOLIOS \|

------

[**Table of Contents**](#JOB_JHF_I_be009a45-7972-4dc8-84b4-5fe415748d09_TofC)

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Multimanager Lifestyle Balanced Portfolio , Cont'd** | &nbsp;&nbsp;&nbsp;**Six Months Ended 6-30-25** | &nbsp;&nbsp;&nbsp;**Six Months Ended 6-30-25** | &nbsp;&nbsp;&nbsp;**Year Ended 12-31-24** | &nbsp;&nbsp;&nbsp;**Year Ended 12-31-24** |
|  | &nbsp;&nbsp;&nbsp;**Shares** | &nbsp;&nbsp;&nbsp;**Amount** | &nbsp;&nbsp;&nbsp;**Shares** | &nbsp;&nbsp;&nbsp;**Amount** |
| **Class R6 shares** |  |  |  |  |
| Sold | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1567243 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $21087183 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2031651 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $26913221 |
| Distributions reinvested | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 74997 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1023510 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 258425 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3440212 |
| Repurchased | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (1283503) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (17153940) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (2622494) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (34747029) |
| **Net increase (decrease)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **358737** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **$4956753** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **(332418)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **$(4393596)** |
| **Class 1 shares** |  |  |  |  |
| Sold | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 934338 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $12548379 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1803688 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $23690323 |
| Distributions reinvested | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3152438 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 42992337 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 11916755 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 158519880 |
| Repurchased | &nbsp;&nbsp;&nbsp;&nbsp; (32419788) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (435731868) | &nbsp;&nbsp;&nbsp;&nbsp; (59349178) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (782325123) |
| **Net decrease** | &nbsp;&nbsp;&nbsp;&nbsp; **(28333012)** | &nbsp;&nbsp;&nbsp;&nbsp; **$(380191152)** | &nbsp;&nbsp;&nbsp;&nbsp; **(45628735)** | &nbsp;&nbsp;&nbsp;&nbsp; **$(600114920)** |
| **Class 5 shares** |  |  |  |  |
| Sold | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 182918 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $2438902 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 370919 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $4876072 |
| Distributions reinvested | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 99566 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1359417 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 354119 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4714451 |
| Repurchased | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (532915) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (7158702) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (1290152) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (17052390) |
| **Net decrease** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **(250431)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **$(3360383)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **(565114)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **$(7461867)** |
| **Total net decrease** | &nbsp;&nbsp; **(36630103)** | &nbsp;&nbsp; **$(492224498)** | &nbsp;&nbsp; **(61520522)** | &nbsp;&nbsp; **$(810270613)** |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Multimanager Lifestyle Moderate Portfolio** | &nbsp;&nbsp;&nbsp;**Six Months Ended 6-30-25** | &nbsp;&nbsp;&nbsp;**Six Months Ended 6-30-25** | &nbsp;&nbsp;&nbsp;**Year Ended 12-31-24** | &nbsp;&nbsp;&nbsp;**Year Ended 12-31-24** |
|  | &nbsp;&nbsp;&nbsp;**Shares** | &nbsp;&nbsp;&nbsp;**Amount** | &nbsp;&nbsp;&nbsp;**Shares** | &nbsp;&nbsp;&nbsp;**Amount** |
| **Class A shares** |  |  |  |  |
| Sold | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1308908 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $16222652 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3506560 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $43013750 |
| Distributions reinvested | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 522517 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6559460 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1579681 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 19426917 |
| Repurchased | &nbsp;&nbsp;&nbsp;&nbsp; (4161863) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (51533576) | &nbsp;&nbsp;&nbsp;&nbsp; (10490706) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (128166542) |
| **Net decrease** | &nbsp;&nbsp;&nbsp;&nbsp; **(2330438)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **$(28751464)** | &nbsp;&nbsp;&nbsp;&nbsp; **(5404465)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **$(65725875)** |
| **Class C shares** |  |  |  |  |
| Sold | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 70230 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $874908 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 240582 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $2937387 |
| Distributions reinvested | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 11791 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 149098 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 47454 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 587140 |
| Repurchased | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (366662) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (4561994) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (935087) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (11485874) |
| **Net decrease** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **(284641)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **$(3537988)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **(647051)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **$(7961347)** |
| **Class I shares** |  |  |  |  |
| Sold | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 301165 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $3691769 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 993599 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $12036293 |
| Distributions reinvested | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 16464 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 204927 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 47535 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 579568 |
| Repurchased | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (268796) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (3305515) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (807165) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (9871455) |
| **Net increase** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **48833** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **$591181** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **233969** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **$2744406** |
| **Class R2 shares** |  |  |  |  |
| Sold | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 17914 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $221391 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 39868 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $483239 |
| Distributions reinvested | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6049 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 75628 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 18658 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 228395 |
| Repurchased | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (44021) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (549016) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (154473) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (1919492) |
| **Net decrease** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **(20058)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **$(251997)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **(95947)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **$(1207858)** |
| **Class R4 shares** |  |  |  |  |
| Sold | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2015 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $24842 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 10217 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $123636 |
| Distributions reinvested | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 470 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5852 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2253 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 27426 |
| Repurchased | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (22691) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (275432) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (43152) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (529143) |
| **Net decrease** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **(20206)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **$(244738)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **(30682)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **$(378081)** |

---

\| JOHN HANCOCK MULTIMANAGER LIFESTYLE PORTFOLIOS 32

------

[**Table of Contents**](#JOB_JHF_I_be009a45-7972-4dc8-84b4-5fe415748d09_TofC)

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Multimanager Lifestyle Moderate Portfolio , Cont'd** | &nbsp;&nbsp;&nbsp;**Six Months Ended 6-30-25** | &nbsp;&nbsp;&nbsp;**Six Months Ended 6-30-25** | &nbsp;&nbsp;&nbsp;**Year Ended 12-31-24** | &nbsp;&nbsp;&nbsp;**Year Ended 12-31-24** |
|  | &nbsp;&nbsp;&nbsp;**Shares** | &nbsp;&nbsp;&nbsp;**Amount** | &nbsp;&nbsp;&nbsp;**Shares** | &nbsp;&nbsp;&nbsp;**Amount** |
| **Class R5 shares** |  |  |  |  |
| Sold | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 66309 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $806096 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 148151 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $1805314 |
| Distributions reinvested | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 11842 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 147507 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 33223 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 405113 |
| Repurchased | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (80335) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (988776) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (283462) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (3426645) |
| **Net decrease** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **(2184)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **$(35173)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **(102088)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **$(1216218)** |
| **Class R6 shares** |  |  |  |  |
| Sold | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1300660 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $16012911 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1092783 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $13300360 |
| Distributions reinvested | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 41821 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 519117 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 90285 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1098409 |
| Repurchased | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (535546) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (6542334) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (1158973) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (14063628) |
| **Net increase** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **806935** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **$9989694** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **24095** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **$335141** |
| **Class 1 shares** |  |  |  |  |
| Sold | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 858752 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $10559869 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2420703 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $29789749 |
| Distributions reinvested | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1348060 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 16777393 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3983075 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 48579811 |
| Repurchased | &nbsp;&nbsp;&nbsp;&nbsp; (9381689) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (115574377) | &nbsp;&nbsp;&nbsp;&nbsp; (19003849) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (229978639) |
| **Net decrease** | &nbsp;&nbsp;&nbsp;&nbsp; **(7174877)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **$(88237115)** | &nbsp;&nbsp;&nbsp;&nbsp; **(12600071)** | &nbsp;&nbsp;&nbsp;&nbsp; **$(151609079)** |
| **Class 5 shares** |  |  |  |  |
| Sold | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 129857 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $1598593 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 189162 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $2263592 |
| Distributions reinvested | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 56674 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 703512 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 158430 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1927507 |
| Repurchased | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (208584) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (2539504) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (663895) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (8028490) |
| **Net decrease** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **(22053)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **$(237399)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **(316303)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **$(3837391)** |
| **Total net decrease** | &nbsp;&nbsp; **(8998689)** | &nbsp;&nbsp; **$(110714999)** | &nbsp;&nbsp; **(18938543)** | &nbsp;&nbsp; **$(228856302)** |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Multimanager Lifestyle Conservative Portfolio** | &nbsp;&nbsp;&nbsp;**Six Months Ended 6-30-25** | &nbsp;&nbsp;&nbsp;**Six Months Ended 6-30-25** | &nbsp;&nbsp;&nbsp;**Year Ended 12-31-24** | &nbsp;&nbsp;&nbsp;**Year Ended 12-31-24** |
|  | &nbsp;&nbsp;&nbsp;**Shares** | &nbsp;&nbsp;&nbsp;**Amount** | &nbsp;&nbsp;&nbsp;**Shares** | &nbsp;&nbsp;&nbsp;**Amount** |
| **Class A shares** |  |  |  |  |
| Sold | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2146216 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $25387887 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5329076 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $62804121 |
| Distributions reinvested | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 727106 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8704775 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1841294 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 21710533 |
| Repurchased | &nbsp;&nbsp;&nbsp;&nbsp; (5099020) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (60527657) | &nbsp;&nbsp;&nbsp;&nbsp; (13146794) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (154655074) |
| **Net decrease** | &nbsp;&nbsp;&nbsp;&nbsp; **(2225698)** | &nbsp;&nbsp;&nbsp;&nbsp; **$(26434995)** | &nbsp;&nbsp;&nbsp;&nbsp; **(5976424)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **$(70140420)** |
| **Class C shares** |  |  |  |  |
| Sold | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 76775 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $908853 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 99784 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $1170560 |
| Distributions reinvested | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 15509 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 185711 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 45952 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 541629 |
| Repurchased | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (227231) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (2691421) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (721008) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (8461741) |
| **Net decrease** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **(134947)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **$(1596857)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **(575272)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **$(6749552)** |
| **Class I shares** |  |  |  |  |
| Sold | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 239471 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $2839570 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 369386 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $4334547 |
| Distributions reinvested | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 14533 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 173556 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 35495 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 417605 |
| Repurchased | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (232403) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (2749493) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (517183) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (6073348) |
| **Net increase (decrease)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **21601** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **$263633** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **(112302)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **$(1321196)** |
| **Class R2 shares** |  |  |  |  |
| Sold | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 14858 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $175999 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 33358 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $390768 |
| Distributions reinvested | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6582 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 78642 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 17123 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 201480 |
| Repurchased | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (27775) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (327838) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (199673) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (2346609) |
| **Net decrease** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **(6335)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **$(73197)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **(149192)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **$(1754361)** |

---

33 JOHN HANCOCK MULTIMANAGER LIFESTYLE PORTFOLIOS \|

------

[**Table of Contents**](#JOB_JHF_I_be009a45-7972-4dc8-84b4-5fe415748d09_TofC)

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Multimanager Lifestyle Conservative Portfolio , Cont'd** | &nbsp;&nbsp;&nbsp;**Six Months Ended 6-30-25** | &nbsp;&nbsp;&nbsp;**Six Months Ended 6-30-25** | &nbsp;&nbsp;&nbsp;**Year Ended 12-31-24** | &nbsp;&nbsp;&nbsp;**Year Ended 12-31-24** |
|  | &nbsp;&nbsp;&nbsp;**Shares** | &nbsp;&nbsp;&nbsp;**Amount** | &nbsp;&nbsp;&nbsp;**Shares** | &nbsp;&nbsp;&nbsp;**Amount** |
| **Class R4 shares** |  |  |  |  |
| Sold | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3267 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $38726 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 34567 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $402779 |
| Distributions reinvested | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2570 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 30683 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6426 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 75564 |
| Repurchased | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (17401) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (206736) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (3106) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (37077) |
| **Net increase (decrease)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **(11564)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **$(137327)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **37887** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **$441266** |
| **Class R5 shares** |  |  |  |  |
| Sold | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7998 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $95079 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 92456 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $1094792 |
| Distributions reinvested | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1706 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 20370 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4767 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 56236 |
| Repurchased | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (16435) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (194243) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (132104) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (1565911) |
| **Net decrease** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **(6731)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **$(78794)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **(34881)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **$(414883)** |
| **Class R6 shares** |  |  |  |  |
| Sold | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 424525 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $5031353 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1198596 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $14105286 |
| Distributions reinvested | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 31601 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 377038 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 61361 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 721100 |
| Repurchased | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (331920) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (3909740) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (1088569) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (12757953) |
| **Net increase** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **124206** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **$1498651** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **171388** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **$2068433** |
| **Class 1 shares** |  |  |  |  |
| Sold | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1800188 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $21334333 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3524993 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $41317302 |
| Distributions reinvested | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1412950 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 16863406 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3497679 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 41123493 |
| Repurchased | &nbsp;&nbsp;&nbsp;&nbsp; (6536243) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (77475756) | &nbsp;&nbsp;&nbsp;&nbsp; (15214866) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (178662228) |
| **Net decrease** | &nbsp;&nbsp;&nbsp;&nbsp; **(3323105)** | &nbsp;&nbsp;&nbsp;&nbsp; **$(39278017)** | &nbsp;&nbsp;&nbsp;&nbsp; **(8192194)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **$(96221433)** |
| **Total net decrease** | &nbsp;&nbsp; **(5562573)** | &nbsp;&nbsp; **$(65836903)** | &nbsp;&nbsp; **(14830990)** | &nbsp;&nbsp; **$(174092146)** |

---

Affiliates of the Trust owned shares of the following classes of the portfolios on June 30, 2025. Such concentration of shareholders' capital could have a material effect on the portfolios if such shareholders redeem from the portfolios.

---

| | | |
|:---|:---|:---|
| **Portfolio** | &nbsp;&nbsp;&nbsp;**Class** | &nbsp;&nbsp;&nbsp;**% by Class** |
| Multimanager Lifestyle Aggressive Portfolio | &nbsp;&nbsp;Class R6 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4% |
| Multimanager Lifestyle Aggressive Portfolio | &nbsp;&nbsp;Class 1 | &nbsp;&nbsp;100% |
| Multimanager Lifestyle Growth Portfolio | &nbsp;&nbsp;Class R6 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2% |
| Multimanager Lifestyle Growth Portfolio | &nbsp;&nbsp;Class 1 | &nbsp;&nbsp;100% |
| Multimanager Lifestyle Growth Portfolio | &nbsp;&nbsp;Class 5 | &nbsp;&nbsp;100% |
| Multimanager Lifestyle Balanced Portfolio | &nbsp;&nbsp;Class 1 | &nbsp;&nbsp;100% |
| Multimanager Lifestyle Balanced Portfolio | &nbsp;&nbsp;Class 5 | &nbsp;&nbsp;100% |
| Multimanager Lifestyle Moderate Portfolio | &nbsp;&nbsp;Class 1 | &nbsp;&nbsp;100% |
| Multimanager Lifestyle Moderate Portfolio | &nbsp;&nbsp;Class 5 | &nbsp;&nbsp;100% |
| Multimanager Lifestyle Conservative Portfolio | &nbsp;&nbsp;Class 1 | &nbsp;&nbsp;100% |

---

#### Note 6 — Purchase and sale of securities
Purchases and sales of securities, other than short-term investments, amounted to the following for the six months ended June 30, 2025:

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;&nbsp;**Purchases** | &nbsp;&nbsp;&nbsp;**Purchases** | &nbsp;&nbsp;&nbsp;**Sales** | &nbsp;&nbsp;&nbsp;**Sales** |
| **Portfolio** | &nbsp;&nbsp;&nbsp;**U.S. Government** | &nbsp;&nbsp;&nbsp;**Other issuers** | &nbsp;&nbsp;&nbsp;**U.S. Government** | &nbsp;&nbsp;&nbsp;**Other issuers** |
| Multimanager Lifestyle Aggressive Portfolio | &nbsp;&nbsp; $4703704 | &nbsp;&nbsp; $866462663 | &nbsp;&nbsp; $20616174 | &nbsp;&nbsp; $1054890428 |
| Multimanager Lifestyle Growth Portfolio | &nbsp;&nbsp; 57348608 | &nbsp;&nbsp; 1968217419 | &nbsp;&nbsp; 154559949 | &nbsp;&nbsp; 2438695936 |
| Multimanager Lifestyle Balanced Portfolio | &nbsp;&nbsp; 96592560 | &nbsp;&nbsp; 1294059854 | &nbsp;&nbsp; 230419865 | &nbsp;&nbsp; 1649003536 |
| Multimanager Lifestyle Moderate Portfolio | &nbsp;&nbsp; 37770604 | &nbsp;&nbsp; 300087458 | &nbsp;&nbsp; 67139498 | &nbsp;&nbsp; 381400542 |
| Multimanager Lifestyle Conservative Portfolio | &nbsp;&nbsp; 44063281 | &nbsp;&nbsp; 163392037 | &nbsp;&nbsp; 53268147 | &nbsp;&nbsp; 220221271 |

---

#### Note 7 — Investment in affiliated underlying funds
The portfolios invest primarily in affiliated underlying funds that are managed by the Advisor and its affiliates. The portfolios do not invest in the affiliated underlying funds for the purpose of exercising management or control; however, the portfolios' investment may represent a significant portion of each affiliated underlying funds' net assets. At June 30, 2025, the following portfolios held 5% or more of the net assets of the affiliated underlying funds shown below:

\| JOHN HANCOCK MULTIMANAGER LIFESTYLE PORTFOLIOS 34

------

[**Table of Contents**](#JOB_JHF_I_be009a45-7972-4dc8-84b4-5fe415748d09_TofC)

---

| | | |
|:---|:---|:---|
| **Portfolio** | &nbsp;&nbsp;&nbsp;**Affiliated Fund** | &nbsp;&nbsp;&nbsp;**Percentage of<br> underlying fund<br> net assets** |
| Multimanager Lifestyle Aggressive Portfolio |  |  |
|  | &nbsp;&nbsp;JHF II Mid Value Fund | &nbsp;&nbsp;16.5% |
|  | &nbsp;&nbsp;JHF Diversified Real Assets Fund | &nbsp;&nbsp;15.7% |
|  | &nbsp;&nbsp;JHF Mid Cap Growth Fund | &nbsp;&nbsp;11.5% |
|  | &nbsp;&nbsp;JHF II Capital Appreciation Value Fund | &nbsp;&nbsp;11.1% |
|  | &nbsp;&nbsp;JHF Emerging Markets Equity Fund | &nbsp;&nbsp;10.9% |
|  | &nbsp;&nbsp;JHF II International Small Company Fund | &nbsp;&nbsp;10.8% |
|  | &nbsp;&nbsp;JHF International Dynamic Growth Fund | &nbsp;&nbsp;&nbsp;&nbsp;9.0% |
|  | &nbsp;&nbsp;JHF II International Strategic Equity Allocation Fund | &nbsp;&nbsp;&nbsp;&nbsp;6.9% |
|  | &nbsp;&nbsp;JHF II Blue Chip Growth Fund | &nbsp;&nbsp;&nbsp;&nbsp;6.7% |
|  | &nbsp;&nbsp;JHF Small Cap Core Fund | &nbsp;&nbsp;&nbsp;&nbsp;6.6% |
|  | &nbsp;&nbsp;JHF Disciplined Value International Fund | &nbsp;&nbsp;&nbsp;&nbsp;5.3% |
|  | &nbsp;&nbsp;JHF Fundamental Large Cap Core Fund | &nbsp;&nbsp;&nbsp;&nbsp;5.0% |
| Multimanager Lifestyle Growth Portfolio |  |  |
|  | &nbsp;&nbsp;JHF II Mid Value Fund | &nbsp;&nbsp;36.2% |
|  | &nbsp;&nbsp;JHF Diversified Real Assets Fund | &nbsp;&nbsp;34.1% |
|  | &nbsp;&nbsp;JHF II Global Equity Fund | &nbsp;&nbsp;32.4% |
|  | &nbsp;&nbsp;JHF II Capital Appreciation Value Fund | &nbsp;&nbsp;27.3% |
|  | &nbsp;&nbsp;JHF Mid Cap Growth Fund | &nbsp;&nbsp;24.8% |
|  | &nbsp;&nbsp;JHF II International Small Company Fund | &nbsp;&nbsp;22.7% |
|  | &nbsp;&nbsp;JHF Emerging Markets Equity Fund | &nbsp;&nbsp;21.9% |
|  | &nbsp;&nbsp;JHF International Dynamic Growth Fund | &nbsp;&nbsp;18.1% |
|  | &nbsp;&nbsp;JHF II Blue Chip Growth Fund | &nbsp;&nbsp;15.6% |
|  | &nbsp;&nbsp;JHF II International Strategic Equity Allocation Fund | &nbsp;&nbsp;15.1% |
|  | &nbsp;&nbsp;JHF Small Cap Core Fund | &nbsp;&nbsp;13.5% |
|  | &nbsp;&nbsp;JHF II Floating Rate Income Fund | &nbsp;&nbsp;12.6% |
|  | &nbsp;&nbsp;JHF II Emerging Markets Debt Fund | &nbsp;&nbsp;12.1% |
|  | &nbsp;&nbsp;JHF Disciplined Value International Fund | &nbsp;&nbsp;12.1% |
|  | &nbsp;&nbsp;JHF II U.S. Sector Rotation Fund | &nbsp;&nbsp;&nbsp;&nbsp;9.5% |
|  | &nbsp;&nbsp;JHF Short Duration Bond Fund | &nbsp;&nbsp;&nbsp;&nbsp;9.4% |
|  | &nbsp;&nbsp;JHF Diversified Macro Fund | &nbsp;&nbsp;&nbsp;&nbsp;8.9% |
|  | &nbsp;&nbsp;JHF Fundamental Large Cap Core Fund | &nbsp;&nbsp;&nbsp;&nbsp;8.7% |
|  | &nbsp;&nbsp;JHF II Strategic Income Opportunities Fund | &nbsp;&nbsp;&nbsp;&nbsp;7.6% |
|  | &nbsp;&nbsp;JHF High Yield Fund | &nbsp;&nbsp;&nbsp;&nbsp;7.5% |
|  | &nbsp;&nbsp;JHF III Disciplined Value Fund | &nbsp;&nbsp;&nbsp;&nbsp;5.2% |
| Multimanager Lifestyle Balanced Portfolio |  |  |
|  | &nbsp;&nbsp;JHF II Multi-Asset High Income Fund | &nbsp;&nbsp;33.5% |
|  | &nbsp;&nbsp;JHF II Capital Appreciation Value Fund | &nbsp;&nbsp;29.8% |
|  | &nbsp;&nbsp;JHF II Global Equity Fund | &nbsp;&nbsp;27.5% |
|  | &nbsp;&nbsp;JHF II Mid Value Fund | &nbsp;&nbsp;23.8% |
|  | &nbsp;&nbsp;JHF II Floating Rate Income Fund | &nbsp;&nbsp;22.3% |
|  | &nbsp;&nbsp;JHF Diversified Real Assets Fund | &nbsp;&nbsp;21.8% |
|  | &nbsp;&nbsp;JHF II Emerging Markets Debt Fund | &nbsp;&nbsp;21.3% |
|  | &nbsp;&nbsp;JHF Short Duration Bond Fund | &nbsp;&nbsp;18.9% |
|  | &nbsp;&nbsp;JHF II Strategic Income Opportunities Fund | &nbsp;&nbsp;16.3% |
|  | &nbsp;&nbsp;JHF Mid Cap Growth Fund | &nbsp;&nbsp;15.9% |
|  | &nbsp;&nbsp;JHF II Core Bond Fund | &nbsp;&nbsp;15.4% |
|  | &nbsp;&nbsp;JHF High Yield Fund | &nbsp;&nbsp;13.1% |
|  | &nbsp;&nbsp;JHF Emerging Markets Equity Fund | &nbsp;&nbsp;13.0% |
|  | &nbsp;&nbsp;JHF International Dynamic Growth Fund | &nbsp;&nbsp;11.8% |
|  | &nbsp;&nbsp;JHF II International Small Company Fund | &nbsp;&nbsp;10.8% |
|  | &nbsp;&nbsp;JHF II U.S. Sector Rotation Fund | &nbsp;&nbsp;&nbsp;&nbsp;9.8% |
|  | &nbsp;&nbsp;JHF Diversified Macro Fund | &nbsp;&nbsp;&nbsp;&nbsp;9.3% |
|  | &nbsp;&nbsp;JHF II Blue Chip Growth Fund | &nbsp;&nbsp;&nbsp;&nbsp;8.8% |
|  | &nbsp;&nbsp;JHF II International Strategic Equity Allocation Fund | &nbsp;&nbsp;&nbsp;&nbsp;8.6% |
|  | &nbsp;&nbsp;JHF Small Cap Core Fund | &nbsp;&nbsp;&nbsp;&nbsp;7.9% |

---

35 JOHN HANCOCK MULTIMANAGER LIFESTYLE PORTFOLIOS \|

------

[**Table of Contents**](#JOB_JHF_I_be009a45-7972-4dc8-84b4-5fe415748d09_TofC)

---

| | | |
|:---|:---|:---|
| **Portfolio** | &nbsp;&nbsp;&nbsp;**Affiliated Fund** | &nbsp;&nbsp;&nbsp;**Percentage of<br> underlying fund<br> net assets** |
|  | &nbsp;&nbsp;JHF Disciplined Value International Fund | &nbsp;&nbsp;&nbsp;&nbsp;7.8% |
| Multimanager Lifestyle Moderate Portfolio |  |  |
|  | &nbsp;&nbsp;JHF II Multi-Asset High Income Fund | &nbsp;&nbsp;29.0% |
|  | &nbsp;&nbsp;JHF II Core Bond Fund | &nbsp;&nbsp;12.4% |
|  | &nbsp;&nbsp;JHF II Floating Rate Income Fund | &nbsp;&nbsp;&nbsp;&nbsp;9.6% |
|  | &nbsp;&nbsp;JHF II Emerging Markets Debt Fund | &nbsp;&nbsp;&nbsp;&nbsp;9.2% |
|  | &nbsp;&nbsp;JHF Short Duration Bond Fund | &nbsp;&nbsp;&nbsp;&nbsp;9.1% |
|  | &nbsp;&nbsp;JHF II Capital Appreciation Value Fund | &nbsp;&nbsp;&nbsp;&nbsp;8.5% |
|  | &nbsp;&nbsp;JHF II Global Equity Fund | &nbsp;&nbsp;&nbsp;&nbsp;7.1% |
|  | &nbsp;&nbsp;JHF High Yield Fund | &nbsp;&nbsp;&nbsp;&nbsp;5.7% |
|  | &nbsp;&nbsp;JHF II Strategic Income Opportunities Fund | &nbsp;&nbsp;&nbsp;&nbsp;5.6% |
| Multimanager Lifestyle Conservative Portfolio |  |  |
|  | &nbsp;&nbsp;JHF II Multi-Asset High Income Fund | &nbsp;&nbsp;28.7% |
|  | &nbsp;&nbsp;JHF II Core Bond Fund | &nbsp;&nbsp;13.8% |
|  | &nbsp;&nbsp;JHF Short Duration Bond Fund | &nbsp;&nbsp;&nbsp;&nbsp;9.9% |
|  | &nbsp;&nbsp;JHF II Floating Rate Income Fund | &nbsp;&nbsp;&nbsp;&nbsp;9.7% |
|  | &nbsp;&nbsp;JHF II Emerging Markets Debt Fund | &nbsp;&nbsp;&nbsp;&nbsp;9.3% |
|  | &nbsp;&nbsp;JHF High Yield Fund | &nbsp;&nbsp;&nbsp;&nbsp;5.7% |
|  | &nbsp;&nbsp;JHF II Strategic Income Opportunities Fund | &nbsp;&nbsp;&nbsp;&nbsp;5.1% |

---

Information regarding the portfolios' fiscal year to date purchases and sales of the affiliated underlying funds as well as income and capital gains earned by the portfolios, if any, is as follows:

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  |  |  |  |  |  |  | **Dividends and distributions** | **Dividends and distributions** |  |
| **Affiliate** | **Ending<br> share<br> amount** | **Beginning<br> value** | **Cost of<br> purchases** | **Proceeds<br> from shares<br> sold** | **Realized<br> gain<br> (loss)** | **Change in<br> unrealized<br> appreciation<br> (depreciation)** | **Income<br> distributions<br> received** | **Capital gain<br> distributions<br> received** | **Ending<br> value** |
| **Multimanager Lifestyle Aggressive Portfolio** | **Multimanager Lifestyle Aggressive Portfolio** | **Multimanager Lifestyle Aggressive Portfolio** | **Multimanager Lifestyle Aggressive Portfolio** | **Multimanager Lifestyle Aggressive Portfolio** | **Multimanager Lifestyle Aggressive Portfolio** | **Multimanager Lifestyle Aggressive Portfolio** | **Multimanager Lifestyle Aggressive Portfolio** | **Multimanager Lifestyle Aggressive Portfolio** | **Multimanager Lifestyle Aggressive Portfolio** |
| Blue Chip Growth | &nbsp;&nbsp;5868911 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $206879041 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $148181367 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $(5532852) | &nbsp;&nbsp;&nbsp;&nbsp;$(53945) | &nbsp;&nbsp;&nbsp;&nbsp;$35526937 |  |  | &nbsp;&nbsp;&nbsp;&nbsp;$385000548 |
| Capital Appreciation | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 105713157 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1009973 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (99954151) | &nbsp;&nbsp;&nbsp;&nbsp;34562603 | &nbsp;&nbsp;&nbsp;&nbsp;(41331582) |  |  |  |
| Capital Appreciation Value | 13969998 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 80374600 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 50857790 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (5280174) | &nbsp;&nbsp;&nbsp;&nbsp;(339546) | &nbsp;&nbsp;&nbsp;&nbsp;7940509 |  |  | &nbsp;&nbsp;&nbsp;&nbsp;133553179 |
| Disciplined Value | 17102830 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 143928656 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 240969967 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (1374214) | &nbsp;&nbsp;&nbsp;&nbsp;(201201) | &nbsp;&nbsp;&nbsp;&nbsp;27657797 |  |  | &nbsp;&nbsp;&nbsp;&nbsp;410981005 |
| Disciplined Value International | 17522739 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 167990071 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 66828438 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (3478475) | &nbsp;&nbsp;&nbsp;&nbsp;(1212) | &nbsp;&nbsp;&nbsp;&nbsp;54457047 |  |  | &nbsp;&nbsp;&nbsp;&nbsp;285795869 |
| Diversified Macro | &nbsp;&nbsp;3464290 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 32063816 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1077576 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (1967231) | &nbsp;&nbsp;&nbsp;&nbsp;(179029) | &nbsp;&nbsp;&nbsp;&nbsp;(1444738) |  |  | &nbsp;&nbsp;&nbsp;&nbsp;29550394 |
| Diversified Real Assets | 10723745 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 146076529 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (26575826) | &nbsp;&nbsp;&nbsp;&nbsp;2668193 | &nbsp;&nbsp;&nbsp;&nbsp;9518692 |  |  | &nbsp;&nbsp;&nbsp;&nbsp;131687588 |
| Emerging Markets Debt | &nbsp;&nbsp;1946239 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 15779694 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1292143 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (2040064) | &nbsp;&nbsp;&nbsp;&nbsp;(18784) | &nbsp;&nbsp;&nbsp;&nbsp;245522 | &nbsp;&nbsp;&nbsp;&nbsp;$476452 |  | &nbsp;&nbsp;&nbsp;&nbsp;15258511 |
| Emerging Markets Equity | 13651013 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 162513759 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (33386860) | &nbsp;&nbsp;&nbsp;&nbsp;(790919) | &nbsp;&nbsp;&nbsp;&nbsp;12952009 |  |  | &nbsp;&nbsp;&nbsp;&nbsp;141287989 |
| Equity Income | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 223960964 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 487475 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (227087247) | &nbsp;&nbsp;&nbsp;&nbsp;76159550 | &nbsp;&nbsp;&nbsp;&nbsp;(73520742) | &nbsp;&nbsp;&nbsp;&nbsp;487475 |  |  |
| Financial Industries | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 28201083 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (28737582) | &nbsp;&nbsp;&nbsp;&nbsp;5584330 | &nbsp;&nbsp;&nbsp;&nbsp;(5047831) |  |  |  |
| Fundamental Large Cap Core | &nbsp;&nbsp;4032667 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 248351754 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 49302973 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (8409352) | &nbsp;&nbsp;&nbsp;&nbsp;(328600) | &nbsp;&nbsp;&nbsp;&nbsp;6314775 |  |  | &nbsp;&nbsp;&nbsp;&nbsp;295231550 |
| Global Equity | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 40200170 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (40513657) | &nbsp;&nbsp;&nbsp;&nbsp;5859783 | &nbsp;&nbsp;&nbsp;&nbsp;(5546296) |  |  |  |
| Global Thematic Opportunities | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 39032550 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (39993279) | &nbsp;&nbsp;&nbsp;&nbsp;2419224 | &nbsp;&nbsp;&nbsp;&nbsp;(1458495) |  |  |  |

---

\| JOHN HANCOCK MULTIMANAGER LIFESTYLE PORTFOLIOS 36

------

[**Table of Contents**](#JOB_JHF_I_be009a45-7972-4dc8-84b4-5fe415748d09_TofC)

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  |  |  |  |  |  |  | **Dividends and distributions** | **Dividends and distributions** |  |
| **Affiliate** | **Ending<br> share<br> amount** | **Beginning<br> value** | **Cost of<br> purchases** | **Proceeds<br> from shares<br> sold** | **Realized<br> gain<br> (loss)** | **Change in<br> unrealized<br> appreciation<br> (depreciation)** | **Income<br> distributions<br> received** | **Capital gain<br> distributions<br> received** | **Ending<br> value** |
| Health Sciences | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $30311434 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $(31098877) | &nbsp;&nbsp;&nbsp;&nbsp;$(1534878) | &nbsp;&nbsp;&nbsp;&nbsp;$2322321 |  |  |  |
| High Yield | &nbsp;&nbsp;2469599 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7955465 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $541850 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (981766) | &nbsp;&nbsp;&nbsp;&nbsp;(78556) | &nbsp;&nbsp;&nbsp;&nbsp;119980 | &nbsp;&nbsp;&nbsp;&nbsp;$250415 |  | &nbsp;&nbsp;&nbsp;&nbsp;$7556973 |
| International Dynamic Growth | 14144185 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 65071183 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 131001393 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (1791570) | &nbsp;&nbsp;&nbsp;&nbsp;(72695) | &nbsp;&nbsp;&nbsp;&nbsp;21914843 |  |  | &nbsp;&nbsp;&nbsp;&nbsp;216123154 |
| International Growth | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 90834485 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (96693611) | &nbsp;&nbsp;&nbsp;&nbsp;24983804 | &nbsp;&nbsp;&nbsp;&nbsp;(19124678) |  |  |  |
| International Small Company | &nbsp;&nbsp;1090423 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 85490055 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (77490607) | &nbsp;&nbsp;&nbsp;&nbsp;14866309 | &nbsp;&nbsp;&nbsp;&nbsp;(9649834) |  |  | &nbsp;&nbsp;&nbsp;&nbsp;13215923 |
| International Strategic Equity Allocation | 25741361 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 239830283 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 31283846 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (21292419) | &nbsp;&nbsp;&nbsp;&nbsp;556691 | &nbsp;&nbsp;&nbsp;&nbsp;43845360 |  |  | &nbsp;&nbsp;&nbsp;&nbsp;294223761 |
| John Hancock Collateral Trust | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5641 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2856 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 16749181 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (16695190) | &nbsp;&nbsp;&nbsp;&nbsp;(428) |  | &nbsp;&nbsp;&nbsp;&nbsp;2963 |  | &nbsp;&nbsp;&nbsp;&nbsp;56419 |
| Mid Cap Growth | &nbsp;&nbsp;7423143 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 169813582 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7242934 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (40041323) | &nbsp;&nbsp;&nbsp;&nbsp;1074601 | &nbsp;&nbsp;&nbsp;&nbsp;6364565 |  |  | &nbsp;&nbsp;&nbsp;&nbsp;144454359 |
| Mid Value | 14612702 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 234292503 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 815281 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (12770954) | &nbsp;&nbsp;&nbsp;&nbsp;121825 | &nbsp;&nbsp;&nbsp;&nbsp;(4729392) |  |  | &nbsp;&nbsp;&nbsp;&nbsp;217729263 |
| Multifactor Emerging Markets ETF | &nbsp;&nbsp;2207522 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 56439391 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 16555688 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (16769491) | &nbsp;&nbsp;&nbsp;&nbsp;824712 | &nbsp;&nbsp;&nbsp;&nbsp;7387267 | &nbsp;&nbsp;&nbsp;&nbsp;618634 |  | &nbsp;&nbsp;&nbsp;&nbsp;64437567 |
| Science & Technology | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 25347597 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (23913217) | &nbsp;&nbsp;&nbsp;&nbsp;4156952 | &nbsp;&nbsp;&nbsp;&nbsp;(5591332) |  |  |  |
| Short Duration Bond | &nbsp;&nbsp;6768199 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 53857270 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 17664525 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (8315211) | &nbsp;&nbsp;&nbsp;&nbsp;(73494) | &nbsp;&nbsp;&nbsp;&nbsp;555665 | &nbsp;&nbsp;&nbsp;&nbsp;1449347 |  | &nbsp;&nbsp;&nbsp;&nbsp;63688755 |
| Small Cap Core | &nbsp;&nbsp;9281250 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 127293238 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 47650865 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (17516406) | &nbsp;&nbsp;&nbsp;&nbsp;(1728881) | &nbsp;&nbsp;&nbsp;&nbsp;(6177883) |  |  | &nbsp;&nbsp;&nbsp;&nbsp;149520933 |
| Small Cap Dynamic Growth | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 65422549 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (61741263) | &nbsp;&nbsp;&nbsp;&nbsp;9385929 | &nbsp;&nbsp;&nbsp;&nbsp;(13067215) |  |  |  |
| Small Cap Value | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 72678818 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7504810 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (69356473) | &nbsp;&nbsp;&nbsp;&nbsp;2315901 | &nbsp;&nbsp;&nbsp;&nbsp;(13143056) | &nbsp;&nbsp;&nbsp;&nbsp;44780 | &nbsp;&nbsp;&nbsp;&nbsp;$7460030 |  |
| U.S. Sector Rotation | 15386498 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 192673063 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 46193769 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (50786278) | &nbsp;&nbsp;&nbsp;&nbsp;(1887609) | &nbsp;&nbsp;&nbsp;&nbsp;12139014 |  |  | &nbsp;&nbsp;&nbsp;&nbsp;198331959 |
|  |  |  |  |  | **$178250630** | **$49429229** | **$3330066** | **$7460030** | **$3197685699** |
| **Multimanager Lifestyle Growth Portfolio** | **Multimanager Lifestyle Growth Portfolio** | **Multimanager Lifestyle Growth Portfolio** | **Multimanager Lifestyle Growth Portfolio** | **Multimanager Lifestyle Growth Portfolio** | **Multimanager Lifestyle Growth Portfolio** | **Multimanager Lifestyle Growth Portfolio** | **Multimanager Lifestyle Growth Portfolio** | **Multimanager Lifestyle Growth Portfolio** | **Multimanager Lifestyle Growth Portfolio** |
| Blue Chip Growth | 13604629 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $444590792 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $385989225 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $(24213410) | &nbsp;&nbsp;&nbsp;&nbsp;$(261943) | &nbsp;&nbsp;&nbsp;&nbsp;$86358982 |  |  | &nbsp;&nbsp;&nbsp;&nbsp;$892463646 |
| Bond | 39539564 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 555805989 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 25294305 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (54940789) | &nbsp;&nbsp;&nbsp;&nbsp;(9794119) | &nbsp;&nbsp;&nbsp;&nbsp;20581896 | &nbsp;&nbsp;&nbsp;&nbsp;$12320685 |  | &nbsp;&nbsp;&nbsp;&nbsp;536947282 |
| Capital Appreciation | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 265448026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 587041 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (249459250) | &nbsp;&nbsp;&nbsp;&nbsp;82025237 | &nbsp;&nbsp;&nbsp;&nbsp;(98601054) |  |  |  |
| Capital Appreciation Value | 34340392 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 355090130 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7739329 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (54211489) | &nbsp;&nbsp;&nbsp;&nbsp;(4138535) | &nbsp;&nbsp;&nbsp;&nbsp;23814717 |  |  | &nbsp;&nbsp;&nbsp;&nbsp;328294152 |
| Disciplined Value | 38926185 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 321880662 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 551408622 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |  | &nbsp;&nbsp;&nbsp;&nbsp;62106942 |  |  | &nbsp;&nbsp;&nbsp;&nbsp;935396226 |
| Disciplined Value International | 39969016 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 356975517 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 172805520 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (1886354) |  | &nbsp;&nbsp;&nbsp;&nbsp;123999969 |  |  | &nbsp;&nbsp;&nbsp;&nbsp;651894652 |
| Diversified Macro | 13749428 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 87121394 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 42475700 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (5348895) | &nbsp;&nbsp;&nbsp;&nbsp;(514303) | &nbsp;&nbsp;&nbsp;&nbsp;(6451273) |  |  | &nbsp;&nbsp;&nbsp;&nbsp;117282623 |
| Diversified Real Assets | 23255509 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 312895752 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (53575387) | &nbsp;&nbsp;&nbsp;&nbsp;5697818 | &nbsp;&nbsp;&nbsp;&nbsp;20559472 |  |  | &nbsp;&nbsp;&nbsp;&nbsp;285577655 |
| Emerging Markets Debt | 17270174 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 147647599 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4223981 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (18497172) | &nbsp;&nbsp;&nbsp;&nbsp;(3770969) | &nbsp;&nbsp;&nbsp;&nbsp;5794723 | &nbsp;&nbsp;&nbsp;&nbsp;4223981 |  | &nbsp;&nbsp;&nbsp;&nbsp;135398162 |

---

37 JOHN HANCOCK MULTIMANAGER LIFESTYLE PORTFOLIOS \|

------

[**Table of Contents**](#JOB_JHF_I_be009a45-7972-4dc8-84b4-5fe415748d09_TofC)

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  |  |  |  |  |  |  | **Dividends and distributions** | **Dividends and distributions** |  |
| **Affiliate** | **Ending<br> share<br> amount** | **Beginning<br> value** | **Cost of<br> purchases** | **Proceeds<br> from shares<br> sold** | **Realized<br> gain<br> (loss)** | **Change in<br> unrealized<br> appreciation<br> (depreciation)** | **Income<br> distributions<br> received** | **Capital gain<br> distributions<br> received** | **Ending<br> value** |
| Emerging Markets Equity | 27462641 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $322205005 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $(62364066) | &nbsp;&nbsp;&nbsp;&nbsp;$(4230444) | &nbsp;&nbsp;&nbsp;&nbsp;$28627841 |  |  | &nbsp;&nbsp;&nbsp;&nbsp;$284238336 |
| Equity Income | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 487412963 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $1037293 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (494597854) | &nbsp;&nbsp;&nbsp;&nbsp;164043955 | &nbsp;&nbsp;&nbsp;&nbsp;(157896357) | &nbsp;&nbsp;&nbsp;&nbsp;$1037294 |  |  |
| Financial Industries | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 67572077 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (68863651) | &nbsp;&nbsp;&nbsp;&nbsp;13669108 | &nbsp;&nbsp;&nbsp;&nbsp;(12377534) |  |  |  |
| Floating Rate Income | 16295285 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 130376993 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5616225 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (10939863) | &nbsp;&nbsp;&nbsp;&nbsp;(257033) | &nbsp;&nbsp;&nbsp;&nbsp;(1115110) | &nbsp;&nbsp;&nbsp;&nbsp;4538041 |  | &nbsp;&nbsp;&nbsp;&nbsp;123681212 |
| Fundamental Global Franchise | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 82223720 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (83432530) | &nbsp;&nbsp;&nbsp;&nbsp;3639328 | &nbsp;&nbsp;&nbsp;&nbsp;(2430518) |  |  |  |
| Fundamental Large Cap Core | &nbsp;&nbsp;6987094 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 431525492 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 88948382 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (18522420) | &nbsp;&nbsp;&nbsp;&nbsp;(722872) | &nbsp;&nbsp;&nbsp;&nbsp;10296566 |  |  | &nbsp;&nbsp;&nbsp;&nbsp;511525148 |
| Global Equity | 19224717 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 150798551 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 84157549 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (10861980) | &nbsp;&nbsp;&nbsp;&nbsp;361518 | &nbsp;&nbsp;&nbsp;&nbsp;21043996 |  |  | &nbsp;&nbsp;&nbsp;&nbsp;245499634 |
| Global Thematic Opportunities | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 80245122 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (82235637) | &nbsp;&nbsp;&nbsp;&nbsp;5198445 | &nbsp;&nbsp;&nbsp;&nbsp;(3207930) |  |  |  |
| Health Sciences | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 72269832 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (74132335) | &nbsp;&nbsp;&nbsp;&nbsp;(2779894) | &nbsp;&nbsp;&nbsp;&nbsp;4642397 |  |  |  |
| High Yield | 34745131 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 111793926 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3592012 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (9737054) | &nbsp;&nbsp;&nbsp;&nbsp;(1053633) | &nbsp;&nbsp;&nbsp;&nbsp;1724851 | &nbsp;&nbsp;&nbsp;&nbsp;3479486 |  | &nbsp;&nbsp;&nbsp;&nbsp;106320102 |
| International Dynamic Growth | 28375563 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 108921714 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 281385324 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |  | &nbsp;&nbsp;&nbsp;&nbsp;43271563 |  |  | &nbsp;&nbsp;&nbsp;&nbsp;433578601 |
| International Growth | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 176899563 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (188208635) | &nbsp;&nbsp;&nbsp;&nbsp;48490968 | &nbsp;&nbsp;&nbsp;&nbsp;(37181896) |  |  |  |
| International Small Company | &nbsp;&nbsp;2295950 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 178638323 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (161707983) | &nbsp;&nbsp;&nbsp;&nbsp;38031475 | &nbsp;&nbsp;&nbsp;&nbsp;(27134907) |  |  | &nbsp;&nbsp;&nbsp;&nbsp;27826908 |
| International Strategic Equity Allocation | 56332925 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 518641495 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 74039381 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (45651328) | &nbsp;&nbsp;&nbsp;&nbsp;1136885 | &nbsp;&nbsp;&nbsp;&nbsp;95718899 |  |  | &nbsp;&nbsp;&nbsp;&nbsp;643885332 |
| John Hancock Collateral Trust | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16065 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6949 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2616199 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (2462451) | &nbsp;&nbsp;&nbsp;&nbsp;(6) |  | &nbsp;&nbsp;&nbsp;&nbsp;647 |  | &nbsp;&nbsp;&nbsp;&nbsp;160691 |
| Mid Cap Growth | 16012900 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 359138284 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6494059 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (70604410) | &nbsp;&nbsp;&nbsp;&nbsp;7765785 | &nbsp;&nbsp;&nbsp;&nbsp;8817308 |  |  | &nbsp;&nbsp;&nbsp;&nbsp;311611026 |
| Mid Value | 32102543 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 509576591 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5785481 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (27165832) | &nbsp;&nbsp;&nbsp;&nbsp;126752 | &nbsp;&nbsp;&nbsp;&nbsp;(9995105) |  |  | &nbsp;&nbsp;&nbsp;&nbsp;478327887 |
| Multifactor Emerging Markets ETF | &nbsp;&nbsp;4446851 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 178633866 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 225723 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (65242030) | &nbsp;&nbsp;&nbsp;&nbsp;3479620 | &nbsp;&nbsp;&nbsp;&nbsp;12706402 | &nbsp;&nbsp;&nbsp;&nbsp;1246264 |  | &nbsp;&nbsp;&nbsp;&nbsp;129803581 |
| Science & Technology | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 58910269 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (55581079) | &nbsp;&nbsp;&nbsp;&nbsp;10512324 | &nbsp;&nbsp;&nbsp;&nbsp;(13841514) |  |  |  |
| Short Duration Bond | 13372130 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 109144973 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 26146288 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (10420266) | &nbsp;&nbsp;&nbsp;&nbsp;(30281) | &nbsp;&nbsp;&nbsp;&nbsp;991034 | &nbsp;&nbsp;&nbsp;&nbsp;3076018 |  | &nbsp;&nbsp;&nbsp;&nbsp;125831748 |
| Small Cap Core | 19087205 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 284990463 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 67691861 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (27756593) | &nbsp;&nbsp;&nbsp;&nbsp;(2177077) | &nbsp;&nbsp;&nbsp;&nbsp;(15253784) |  |  | &nbsp;&nbsp;&nbsp;&nbsp;307494870 |
| Small Cap Dynamic Growth | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 120468262 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (114191445) | &nbsp;&nbsp;&nbsp;&nbsp;17731190 | &nbsp;&nbsp;&nbsp;&nbsp;(24008007) |  |  |  |
| Small Cap Value | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 141467558 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 14249626 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (135198441) | &nbsp;&nbsp;&nbsp;&nbsp;3594112 | &nbsp;&nbsp;&nbsp;&nbsp;(24112855) | &nbsp;&nbsp;&nbsp;&nbsp;85025 | &nbsp;&nbsp;&nbsp;&nbsp;$14164601 |  |
| Strategic Income Opportunities | 20339894 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 214632704 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4720966 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (16305345) | &nbsp;&nbsp;&nbsp;&nbsp;(436430) | &nbsp;&nbsp;&nbsp;&nbsp;4651627 | &nbsp;&nbsp;&nbsp;&nbsp;4000441 |  | &nbsp;&nbsp;&nbsp;&nbsp;207263522 |

---

\| JOHN HANCOCK MULTIMANAGER LIFESTYLE PORTFOLIOS 38

------

[**Table of Contents**](#JOB_JHF_I_be009a45-7972-4dc8-84b4-5fe415748d09_TofC)

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  |  |  |  |  |  |  | **Dividends and distributions** | **Dividends and distributions** |  |
| **Affiliate** | **Ending<br> share<br> amount** | **Beginning<br> value** | **Cost of<br> purchases** | **Proceeds<br> from shares<br> sold** | **Realized<br> gain<br> (loss)** | **Change in<br> unrealized<br> appreciation<br> (depreciation)** | **Income<br> distributions<br> received** | **Capital gain<br> distributions<br> received** | **Ending<br> value** |
| U.S. Sector Rotation | 35969071 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $468184210 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $113603525 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $(142842411) | &nbsp;&nbsp;&nbsp;&nbsp;$(2693893) | &nbsp;&nbsp;&nbsp;&nbsp;$27389892 |  |  | &nbsp;&nbsp;&nbsp;&nbsp;$463641323 |
|  |  |  |  |  | **$372643088** | **$169491233** | **$34007882** | **$14164601** | **$8283944319** |
| **Multimanager Lifestyle Balanced Portfolio** | **Multimanager Lifestyle Balanced Portfolio** | **Multimanager Lifestyle Balanced Portfolio** | **Multimanager Lifestyle Balanced Portfolio** | **Multimanager Lifestyle Balanced Portfolio** | **Multimanager Lifestyle Balanced Portfolio** | **Multimanager Lifestyle Balanced Portfolio** | **Multimanager Lifestyle Balanced Portfolio** | **Multimanager Lifestyle Balanced Portfolio** | **Multimanager Lifestyle Balanced Portfolio** |
| Blue Chip Growth | &nbsp;&nbsp;7646328 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $248016484 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $226320462 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $(20853386) | &nbsp;&nbsp;&nbsp;&nbsp;$(269377) | &nbsp;&nbsp;&nbsp;&nbsp;$48384934 |  |  | &nbsp;&nbsp;&nbsp;&nbsp;$501599117 |
| Bond | 51518067 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 723147542 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 23368862 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (60642710) | &nbsp;&nbsp;&nbsp;&nbsp;(10403465) | &nbsp;&nbsp;&nbsp;&nbsp;24145123 | &nbsp;&nbsp;&nbsp;&nbsp;$15971434 |  | &nbsp;&nbsp;&nbsp;&nbsp;699615352 |
| Capital Appreciation | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 139724929 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 866582 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (131814779) | &nbsp;&nbsp;&nbsp;&nbsp;54526222 | &nbsp;&nbsp;&nbsp;&nbsp;(63302954) |  |  |  |
| Capital Appreciation Value | 37459548 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 336885346 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 16796907 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (16435257) | &nbsp;&nbsp;&nbsp;&nbsp;(1264313) | &nbsp;&nbsp;&nbsp;&nbsp;22130596 |  |  | &nbsp;&nbsp;&nbsp;&nbsp;358113279 |
| Core Bond | 24706476 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 280692602 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 12657853 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (28528379) | &nbsp;&nbsp;&nbsp;&nbsp;(3596507) | &nbsp;&nbsp;&nbsp;&nbsp;9557408 | &nbsp;&nbsp;&nbsp;&nbsp;4846280 |  | &nbsp;&nbsp;&nbsp;&nbsp;270782977 |
| Disciplined Value | 23092620 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 184854558 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 333806526 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (181175) | &nbsp;&nbsp;&nbsp;&nbsp;(4415) | &nbsp;&nbsp;&nbsp;&nbsp;36440167 |  |  | &nbsp;&nbsp;&nbsp;&nbsp;554915661 |
| Disciplined Value International | 25733007 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 262403797 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 81133052 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (7051238) | &nbsp;&nbsp;&nbsp;&nbsp;(17081) | &nbsp;&nbsp;&nbsp;&nbsp;83236806 |  |  | &nbsp;&nbsp;&nbsp;&nbsp;419705336 |
| Diversified Macro | 14383649 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 76222414 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 57936036 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (4130756) | &nbsp;&nbsp;&nbsp;&nbsp;(389186) | &nbsp;&nbsp;&nbsp;&nbsp;(6945980) |  |  | &nbsp;&nbsp;&nbsp;&nbsp;122692528 |
| Diversified Real Assets | 14902582 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 207226643 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 611268 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (42061738) | &nbsp;&nbsp;&nbsp;&nbsp;4749515 | &nbsp;&nbsp;&nbsp;&nbsp;12478020 |  |  | &nbsp;&nbsp;&nbsp;&nbsp;183003708 |
| Emerging Markets Debt | 30390144 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 241045405 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 11400440 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (17629218) | &nbsp;&nbsp;&nbsp;&nbsp;(3723891) | &nbsp;&nbsp;&nbsp;&nbsp;7165989 | &nbsp;&nbsp;&nbsp;&nbsp;7400440 |  | &nbsp;&nbsp;&nbsp;&nbsp;238258725 |
| Emerging Markets Equity | 16370627 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 182543591 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2182776 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (30111398) | &nbsp;&nbsp;&nbsp;&nbsp;1129988 | &nbsp;&nbsp;&nbsp;&nbsp;13691030 |  |  | &nbsp;&nbsp;&nbsp;&nbsp;169435987 |
| Equity Income | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 276449717 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 552386 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (281243566) | &nbsp;&nbsp;&nbsp;&nbsp;114480345 | &nbsp;&nbsp;&nbsp;&nbsp;(110238882) | &nbsp;&nbsp;&nbsp;&nbsp;552387 |  |  |
| Financial Industries | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 51379806 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (52366497) | &nbsp;&nbsp;&nbsp;&nbsp;10610541 | &nbsp;&nbsp;&nbsp;&nbsp;(9623850) |  |  |  |
| Floating Rate Income | 28845179 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 228035868 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 10472317 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (17135976) | &nbsp;&nbsp;&nbsp;&nbsp;(331945) | &nbsp;&nbsp;&nbsp;&nbsp;(2105353) | &nbsp;&nbsp;&nbsp;&nbsp;8033133 |  | &nbsp;&nbsp;&nbsp;&nbsp;218934911 |
| Fundamental Global Franchise | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 66641210 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (67622936) | &nbsp;&nbsp;&nbsp;&nbsp;3208284 | &nbsp;&nbsp;&nbsp;&nbsp;(2226558) |  |  |  |
| Fundamental Large Cap Core | &nbsp;&nbsp;3699367 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 228313455 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 53883637 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (16179755) | &nbsp;&nbsp;&nbsp;&nbsp;(772377) | &nbsp;&nbsp;&nbsp;&nbsp;5585732 |  |  | &nbsp;&nbsp;&nbsp;&nbsp;270830692 |
| Global Equity | 16334234 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 147396159 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 52570350 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (9419916) | &nbsp;&nbsp;&nbsp;&nbsp;190729 | &nbsp;&nbsp;&nbsp;&nbsp;17850847 |  |  | &nbsp;&nbsp;&nbsp;&nbsp;208588169 |
| Global Shareholder Yield | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 28491532 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (29028392) | &nbsp;&nbsp;&nbsp;&nbsp;7464784 | &nbsp;&nbsp;&nbsp;&nbsp;(6927924) |  |  |  |
| Global Thematic Opportunities | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 35160252 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (36036888) | &nbsp;&nbsp;&nbsp;&nbsp;2548426 | &nbsp;&nbsp;&nbsp;&nbsp;(1671790) |  |  |  |
| Health Sciences | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 58107864 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (59643948) | &nbsp;&nbsp;&nbsp;&nbsp;(3207629) | &nbsp;&nbsp;&nbsp;&nbsp;4743713 |  |  |  |
| High Yield | 61094938 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 195540757 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6807111 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (16543913) | &nbsp;&nbsp;&nbsp;&nbsp;(1860054) | &nbsp;&nbsp;&nbsp;&nbsp;3006609 | &nbsp;&nbsp;&nbsp;&nbsp;6137381 |  | &nbsp;&nbsp;&nbsp;&nbsp;186950510 |
| International Dynamic Growth | 18515326 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 76990599 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 177270769 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |  | &nbsp;&nbsp;&nbsp;&nbsp;28652817 |  |  | &nbsp;&nbsp;&nbsp;&nbsp;282914185 |
| International Growth | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 132938499 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (141375402) | &nbsp;&nbsp;&nbsp;&nbsp;36425997 | &nbsp;&nbsp;&nbsp;&nbsp;(27989094) |  |  |  |
| International Small Company | &nbsp;&nbsp;1094027 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 83742262 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (75628351) | &nbsp;&nbsp;&nbsp;&nbsp;20858554 | &nbsp;&nbsp;&nbsp;&nbsp;(15712860) |  |  | &nbsp;&nbsp;&nbsp;&nbsp;13259605 |

---

39 JOHN HANCOCK MULTIMANAGER LIFESTYLE PORTFOLIOS \|

------

[**Table of Contents**](#JOB_JHF_I_be009a45-7972-4dc8-84b4-5fe415748d09_TofC)

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  |  |  |  |  |  |  | **Dividends and distributions** | **Dividends and distributions** |  |
| **Affiliate** | **Ending<br> share<br> amount** | **Beginning<br> value** | **Cost of<br> purchases** | **Proceeds<br> from shares<br> sold** | **Realized<br> gain<br> (loss)** | **Change in<br> unrealized<br> appreciation<br> (depreciation)** | **Income<br> distributions<br> received** | **Capital gain<br> distributions<br> received** | **Ending<br> value** |
| International Strategic Equity Allocation | 31842723 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $299908442 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $36761548 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $(27768119) | &nbsp;&nbsp;&nbsp;&nbsp;$818587 | &nbsp;&nbsp;&nbsp;&nbsp;$54241871 |  |  | &nbsp;&nbsp;&nbsp;&nbsp;$363962329 |
| John Hancock Collateral Trust | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14960 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 21115 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3393439 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (3264902) | &nbsp;&nbsp;&nbsp;&nbsp;(19) |  | &nbsp;&nbsp;&nbsp;&nbsp;$659 |  | &nbsp;&nbsp;&nbsp;&nbsp;149633 |
| Mid Cap Growth | 10261439 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 215162651 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 11589688 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (37805031) | &nbsp;&nbsp;&nbsp;&nbsp;7211540 | &nbsp;&nbsp;&nbsp;&nbsp;3528754 |  |  | &nbsp;&nbsp;&nbsp;&nbsp;199687602 |
| Mid Value | 21116029 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 328736326 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9399128 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (17592157) | &nbsp;&nbsp;&nbsp;&nbsp;57255 | &nbsp;&nbsp;&nbsp;&nbsp;(5971722) |  |  | &nbsp;&nbsp;&nbsp;&nbsp;314628830 |
| Multi-Asset High Income | &nbsp;&nbsp;3748992 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 38005978 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1056510 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (2929252) | &nbsp;&nbsp;&nbsp;&nbsp;(88195) | &nbsp;&nbsp;&nbsp;&nbsp;1332413 | &nbsp;&nbsp;&nbsp;&nbsp;982845 |  | &nbsp;&nbsp;&nbsp;&nbsp;37377454 |
| Multifactor Emerging Markets ETF | &nbsp;&nbsp;2644895 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 113993330 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 234303 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (46738068) | &nbsp;&nbsp;&nbsp;&nbsp;2404079 | &nbsp;&nbsp;&nbsp;&nbsp;7310841 | &nbsp;&nbsp;&nbsp;&nbsp;742199 |  | &nbsp;&nbsp;&nbsp;&nbsp;77204485 |
| Science & Technology | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 44123293 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (41583595) | &nbsp;&nbsp;&nbsp;&nbsp;7688076 | &nbsp;&nbsp;&nbsp;&nbsp;(10227774) |  |  |  |
| Short Duration Bond | 26740605 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 255460982 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 20990171 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (26698367) | &nbsp;&nbsp;&nbsp;&nbsp;(1982138) | &nbsp;&nbsp;&nbsp;&nbsp;3858447 | &nbsp;&nbsp;&nbsp;&nbsp;6310721 |  | &nbsp;&nbsp;&nbsp;&nbsp;251629095 |
| Small Cap Core | 11186553 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 177147758 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 33581285 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (18563879) | &nbsp;&nbsp;&nbsp;&nbsp;(1632252) | &nbsp;&nbsp;&nbsp;&nbsp;(10317545) |  |  | &nbsp;&nbsp;&nbsp;&nbsp;180215367 |
| Small Cap Dynamic Growth | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 72673719 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (69136463) | &nbsp;&nbsp;&nbsp;&nbsp;18437906 | &nbsp;&nbsp;&nbsp;&nbsp;(21975162) |  |  |  |
| Small Cap Value | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 98743049 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 10117668 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (94311665) | &nbsp;&nbsp;&nbsp;&nbsp;(1926965) | &nbsp;&nbsp;&nbsp;&nbsp;(12622087) | &nbsp;&nbsp;&nbsp;&nbsp;60370 | &nbsp;&nbsp;&nbsp;&nbsp;$10057298 |  |
| Strategic Income Opportunities | 43470612 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 460191585 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 11064222 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (37290289) | &nbsp;&nbsp;&nbsp;&nbsp;(1031466) | &nbsp;&nbsp;&nbsp;&nbsp;10031479 | &nbsp;&nbsp;&nbsp;&nbsp;8566565 |  | &nbsp;&nbsp;&nbsp;&nbsp;442965531 |
| U.S. Sector Rotation | 37299909 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 429853959 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 90628000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (66921079) | &nbsp;&nbsp;&nbsp;&nbsp;(1420812) | &nbsp;&nbsp;&nbsp;&nbsp;28655765 |  |  | &nbsp;&nbsp;&nbsp;&nbsp;480795833 |
|  |  |  |  |  | **$258888741** | **$118169826** | **$59604414** | **$10057298** | **$7048216901** |
| **Multimanager Lifestyle Moderate Portfolio** | **Multimanager Lifestyle Moderate Portfolio** | **Multimanager Lifestyle Moderate Portfolio** | **Multimanager Lifestyle Moderate Portfolio** | **Multimanager Lifestyle Moderate Portfolio** | **Multimanager Lifestyle Moderate Portfolio** | **Multimanager Lifestyle Moderate Portfolio** | **Multimanager Lifestyle Moderate Portfolio** | **Multimanager Lifestyle Moderate Portfolio** | **Multimanager Lifestyle Moderate Portfolio** |
| Blue Chip Growth | &nbsp;&nbsp;1106991 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $40781401 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $31929758 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $(7549475) | &nbsp;&nbsp;&nbsp;&nbsp;$122764 | &nbsp;&nbsp;&nbsp;&nbsp;$7334141 |  |  | &nbsp;&nbsp;&nbsp;&nbsp;$72618589 |
| Bond | 19724263 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 278778569 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6871630 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (22965073) | &nbsp;&nbsp;&nbsp;&nbsp;(4014790) | &nbsp;&nbsp;&nbsp;&nbsp;9185150 | &nbsp;&nbsp;&nbsp;&nbsp;$6072099 |  | &nbsp;&nbsp;&nbsp;&nbsp;267855486 |
| Capital Appreciation | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 23367184 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 261348 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (22169111) | &nbsp;&nbsp;&nbsp;&nbsp;8014514 | &nbsp;&nbsp;&nbsp;&nbsp;(9473935) |  |  |  |
| Capital Appreciation Value | 10697124 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 89472121 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 12110027 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (5212728) | &nbsp;&nbsp;&nbsp;&nbsp;(273632) | &nbsp;&nbsp;&nbsp;&nbsp;6168720 |  |  | &nbsp;&nbsp;&nbsp;&nbsp;102264508 |
| Core Bond | 19989186 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 229130820 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6029417 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (20804907) | &nbsp;&nbsp;&nbsp;&nbsp;(3234760) | &nbsp;&nbsp;&nbsp;&nbsp;7960903 | &nbsp;&nbsp;&nbsp;&nbsp;3916690 |  | &nbsp;&nbsp;&nbsp;&nbsp;219081473 |
| Disciplined Value | &nbsp;&nbsp;4136112 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 35821732 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 61437940 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (4940837) | &nbsp;&nbsp;&nbsp;&nbsp;(149226) | &nbsp;&nbsp;&nbsp;&nbsp;7221160 |  |  | &nbsp;&nbsp;&nbsp;&nbsp;99390769 |
| Disciplined Value International | &nbsp;&nbsp;4462525 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 46571475 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 12642511 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (768164) | &nbsp;&nbsp;&nbsp;&nbsp;(12636) | &nbsp;&nbsp;&nbsp;&nbsp;14350589 |  |  | &nbsp;&nbsp;&nbsp;&nbsp;72783775 |
| Diversified Macro | &nbsp;&nbsp;4250844 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 21672566 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 18155593 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (1477751) | &nbsp;&nbsp;&nbsp;&nbsp;(25263) | &nbsp;&nbsp;&nbsp;&nbsp;(2065445) |  |  | &nbsp;&nbsp;&nbsp;&nbsp;36259700 |
| Diversified Real Assets | &nbsp;&nbsp;3056623 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 40114280 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 883377 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (7104698) | &nbsp;&nbsp;&nbsp;&nbsp;653977 | &nbsp;&nbsp;&nbsp;&nbsp;2988393 |  |  | &nbsp;&nbsp;&nbsp;&nbsp;37535329 |
| Emerging Markets Debt | 13123700 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 104415742 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3289092 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (6295777) | &nbsp;&nbsp;&nbsp;&nbsp;(1311092) | &nbsp;&nbsp;&nbsp;&nbsp;2791841 | &nbsp;&nbsp;&nbsp;&nbsp;3173202 |  | &nbsp;&nbsp;&nbsp;&nbsp;102889806 |
| Emerging Markets Equity | &nbsp;&nbsp;2505192 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 21002229 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6711397 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (4135918) | &nbsp;&nbsp;&nbsp;&nbsp;134335 | &nbsp;&nbsp;&nbsp;&nbsp;2216696 |  |  | &nbsp;&nbsp;&nbsp;&nbsp;25928739 |
| Equity Income | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 52330205 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 108349 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (53195641) | &nbsp;&nbsp;&nbsp;&nbsp;21846499 | &nbsp;&nbsp;&nbsp;&nbsp;(21089412) | &nbsp;&nbsp;&nbsp;&nbsp;108350 |  |  |

---

\| JOHN HANCOCK MULTIMANAGER LIFESTYLE PORTFOLIOS 40

------

[**Table of Contents**](#JOB_JHF_I_be009a45-7972-4dc8-84b4-5fe415748d09_TofC)

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  |  |  |  |  |  |  | **Dividends and distributions** | **Dividends and distributions** |  |
| **Affiliate** | **Ending<br> share<br> amount** | **Beginning<br> value** | **Cost of<br> purchases** | **Proceeds<br> from shares<br> sold** | **Realized<br> gain<br> (loss)** | **Change in<br> unrealized<br> appreciation<br> (depreciation)** | **Income<br> distributions<br> received** | **Capital gain<br> distributions<br> received** | **Ending<br> value** |
| Floating Rate Income | 12465186 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $97299730 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $4266667 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $(5933593) | &nbsp;&nbsp;&nbsp;&nbsp;$(496158) | &nbsp;&nbsp;&nbsp;&nbsp;$(525881) | &nbsp;&nbsp;&nbsp;&nbsp;$3450500 |  | &nbsp;&nbsp;&nbsp;&nbsp;$94610765 |
| Fundamental Global Franchise | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 21329958 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 230361 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (21887892) | &nbsp;&nbsp;&nbsp;&nbsp;1125165 | &nbsp;&nbsp;&nbsp;&nbsp;(797592) |  |  |  |
| Fundamental Large Cap Core | &nbsp;&nbsp;&nbsp;&nbsp;661222 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 42444642 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 10686526 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (5342994) | &nbsp;&nbsp;&nbsp;&nbsp;(293967) | &nbsp;&nbsp;&nbsp;&nbsp;913881 |  |  | &nbsp;&nbsp;&nbsp;&nbsp;48408088 |
| Global Equity | &nbsp;&nbsp;4240863 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 43273157 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9163687 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (3038661) | &nbsp;&nbsp;&nbsp;&nbsp;98187 | &nbsp;&nbsp;&nbsp;&nbsp;4659452 |  |  | &nbsp;&nbsp;&nbsp;&nbsp;54155822 |
| Global Shareholder Yield | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 12350249 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (12582364) | &nbsp;&nbsp;&nbsp;&nbsp;5228903 | &nbsp;&nbsp;&nbsp;&nbsp;(4996788) |  |  |  |
| High Yield | 26376653 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 83435291 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2664237 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (5901067) | &nbsp;&nbsp;&nbsp;&nbsp;(660271) | &nbsp;&nbsp;&nbsp;&nbsp;1174368 | &nbsp;&nbsp;&nbsp;&nbsp;2634110 |  | &nbsp;&nbsp;&nbsp;&nbsp;80712558 |
| Infrastructure | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8246024 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (8376357) | &nbsp;&nbsp;&nbsp;&nbsp;2686537 | &nbsp;&nbsp;&nbsp;&nbsp;(2556204) |  |  |  |
| International Dynamic Growth | &nbsp;&nbsp;3666928 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 51279160 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |  | &nbsp;&nbsp;&nbsp;&nbsp;4751501 |  |  | &nbsp;&nbsp;&nbsp;&nbsp;56030661 |
| International Growth | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 43480154 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (46257336) | &nbsp;&nbsp;&nbsp;&nbsp;10098648 | &nbsp;&nbsp;&nbsp;&nbsp;(7321466) |  |  |  |
| International Small Company | &nbsp;&nbsp;&nbsp;&nbsp;236125 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 17801420 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (16032704) | &nbsp;&nbsp;&nbsp;&nbsp;3180548 | &nbsp;&nbsp;&nbsp;&nbsp;(2087429) |  |  | &nbsp;&nbsp;&nbsp;&nbsp;2861835 |
| International Strategic Equity Allocation | &nbsp;&nbsp;6323499 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 62012698 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3905365 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (4808663) | &nbsp;&nbsp;&nbsp;&nbsp;223721 | &nbsp;&nbsp;&nbsp;&nbsp;10944469 |  |  | &nbsp;&nbsp;&nbsp;&nbsp;72277590 |
| John Hancock Collateral Trust | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4823 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1173 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1059263 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (1012185) | &nbsp;&nbsp;&nbsp;&nbsp;(13) | &nbsp;&nbsp;&nbsp;&nbsp;(1) | &nbsp;&nbsp;&nbsp;&nbsp;330 |  | &nbsp;&nbsp;&nbsp;&nbsp;48237 |
| Mid Cap Growth | &nbsp;&nbsp;2288437 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 43279629 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7565198 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (8790674) | &nbsp;&nbsp;&nbsp;&nbsp;982627 | &nbsp;&nbsp;&nbsp;&nbsp;1496203 |  |  | &nbsp;&nbsp;&nbsp;&nbsp;44532983 |
| Mid Value | &nbsp;&nbsp;3638007 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 54127402 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3654739 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (2595041) | &nbsp;&nbsp;&nbsp;&nbsp;3123 | &nbsp;&nbsp;&nbsp;&nbsp;(983917) |  |  | &nbsp;&nbsp;&nbsp;&nbsp;54206306 |
| Multi-Asset High Income | &nbsp;&nbsp;3237122 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 32433964 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 844839 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (2080183) | &nbsp;&nbsp;&nbsp;&nbsp;(58773) | &nbsp;&nbsp;&nbsp;&nbsp;1134256 | &nbsp;&nbsp;&nbsp;&nbsp;844839 |  | &nbsp;&nbsp;&nbsp;&nbsp;32274103 |
| Multifactor Emerging Markets ETF | &nbsp;&nbsp;&nbsp;&nbsp;406195 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 21086414 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 105691 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (10701190) | &nbsp;&nbsp;&nbsp;&nbsp;344774 | &nbsp;&nbsp;&nbsp;&nbsp;1021143 | &nbsp;&nbsp;&nbsp;&nbsp;113962 |  | &nbsp;&nbsp;&nbsp;&nbsp;11856832 |
| Short Duration Bond | 12893450 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 123878282 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6555537 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (10001996) | &nbsp;&nbsp;&nbsp;&nbsp;(692880) | &nbsp;&nbsp;&nbsp;&nbsp;1588425 | &nbsp;&nbsp;&nbsp;&nbsp;3074166 |  | &nbsp;&nbsp;&nbsp;&nbsp;121327368 |
| Small Cap Core | &nbsp;&nbsp;1623533 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 12508172 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 16051714 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (1473902) | &nbsp;&nbsp;&nbsp;&nbsp;(225558) | &nbsp;&nbsp;&nbsp;&nbsp;(705305) |  |  | &nbsp;&nbsp;&nbsp;&nbsp;26155121 |
| Small Cap Dynamic Growth | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 18582630 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (17448468) | &nbsp;&nbsp;&nbsp;&nbsp;3172899 | &nbsp;&nbsp;&nbsp;&nbsp;(4307061) |  |  |  |
| Small Cap Value | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 20531470 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2237218 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (19546318) | &nbsp;&nbsp;&nbsp;&nbsp;287124 | &nbsp;&nbsp;&nbsp;&nbsp;(3509494) | &nbsp;&nbsp;&nbsp;&nbsp;13349 | &nbsp;&nbsp;&nbsp;&nbsp;$2223868 |  |
| Strategic Income Opportunities | 14825389 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 154995427 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2981572 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (9991076) | &nbsp;&nbsp;&nbsp;&nbsp;(266315) | &nbsp;&nbsp;&nbsp;&nbsp;3351111 | &nbsp;&nbsp;&nbsp;&nbsp;2903604 |  | &nbsp;&nbsp;&nbsp;&nbsp;151070719 |
| U.S. Sector Rotation | &nbsp;&nbsp;7238708 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 82792782 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 17464505 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (11989984) | &nbsp;&nbsp;&nbsp;&nbsp;(435204) | &nbsp;&nbsp;&nbsp;&nbsp;5474848 |  |  | &nbsp;&nbsp;&nbsp;&nbsp;93306947 |
|  |  |  |  |  | **$46053807** | **$36307320** | **$26305201** | **$2223868** | **$1980444109** |
| **Multimanager Lifestyle Conservative Portfolio** | **Multimanager Lifestyle Conservative Portfolio** | **Multimanager Lifestyle Conservative Portfolio** | **Multimanager Lifestyle Conservative Portfolio** | **Multimanager Lifestyle Conservative Portfolio** | **Multimanager Lifestyle Conservative Portfolio** | **Multimanager Lifestyle Conservative Portfolio** | **Multimanager Lifestyle Conservative Portfolio** | **Multimanager Lifestyle Conservative Portfolio** | **Multimanager Lifestyle Conservative Portfolio** |
| Blue Chip Growth | &nbsp;&nbsp;&nbsp;&nbsp;267372 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $9537413 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $8975508 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $(2881346) | &nbsp;&nbsp;&nbsp;&nbsp;$44813 | &nbsp;&nbsp;&nbsp;&nbsp;$1863182 |  |  | &nbsp;&nbsp;&nbsp;&nbsp;$17539570 |
| Bond | 21071215 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 290249834 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7507380 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (16969566) | &nbsp;&nbsp;&nbsp;&nbsp;(3035385) | &nbsp;&nbsp;&nbsp;&nbsp;8394840 | &nbsp;&nbsp;&nbsp;&nbsp;$6446169 |  | &nbsp;&nbsp;&nbsp;&nbsp;286147103 |
| Capital Appreciation | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5369234 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 97631 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (5134177) | &nbsp;&nbsp;&nbsp;&nbsp;53889 | &nbsp;&nbsp;&nbsp;&nbsp;(386577) |  |  |  |

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41 JOHN HANCOCK MULTIMANAGER LIFESTYLE PORTFOLIOS \|

------

[**Table of Contents**](#JOB_JHF_I_be009a45-7972-4dc8-84b4-5fe415748d09_TofC)

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  |  |  |  |  |  |  | **Dividends and distributions** | **Dividends and distributions** |  |
| **Affiliate** | **Ending<br> share<br> amount** | **Beginning<br> value** | **Cost of<br> purchases** | **Proceeds<br> from shares<br> sold** | **Realized<br> gain<br> (loss)** | **Change in<br> unrealized<br> appreciation<br> (depreciation)** | **Income<br> distributions<br> received** | **Capital gain<br> distributions<br> received** | **Ending<br> value** |
| Capital Appreciation Value | &nbsp;&nbsp;4563684 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $34560452 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $10383726 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $(3930105) | &nbsp;&nbsp;&nbsp;&nbsp;$(33860) | &nbsp;&nbsp;&nbsp;&nbsp;$2648606 |  |  | &nbsp;&nbsp;&nbsp;&nbsp;$43628819 |
| Core Bond | 22150766 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 246476887 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5958844 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (14691954) | &nbsp;&nbsp;&nbsp;&nbsp;(2420401) | &nbsp;&nbsp;&nbsp;&nbsp;7449022 | &nbsp;&nbsp;&nbsp;&nbsp;$4349989 |  | &nbsp;&nbsp;&nbsp;&nbsp;242772398 |
| Disciplined Value | &nbsp;&nbsp;&nbsp;&nbsp;953975 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7571086 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 15496870 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (1754684) | &nbsp;&nbsp;&nbsp;&nbsp;(78430) | &nbsp;&nbsp;&nbsp;&nbsp;1689188 |  |  | &nbsp;&nbsp;&nbsp;&nbsp;22924030 |
| Disciplined Value International | &nbsp;&nbsp;1512094 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 15961406 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4817564 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (1228414) | &nbsp;&nbsp;&nbsp;&nbsp;29374 | &nbsp;&nbsp;&nbsp;&nbsp;5082319 |  |  | &nbsp;&nbsp;&nbsp;&nbsp;24662249 |
| Emerging Markets Debt | 13193937 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 104603258 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3371156 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (6003336) | &nbsp;&nbsp;&nbsp;&nbsp;(1075870) | &nbsp;&nbsp;&nbsp;&nbsp;2545261 | &nbsp;&nbsp;&nbsp;&nbsp;3206219 |  | &nbsp;&nbsp;&nbsp;&nbsp;103440469 |
| Emerging Markets Equity | &nbsp;&nbsp;&nbsp;&nbsp;773188 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 16011209 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 141011 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (8909481) | &nbsp;&nbsp;&nbsp;&nbsp;330610 | &nbsp;&nbsp;&nbsp;&nbsp;429143 |  |  | &nbsp;&nbsp;&nbsp;&nbsp;8002492 |
| Equity Income | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 12211998 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 20695 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (12487687) | &nbsp;&nbsp;&nbsp;&nbsp;5821943 | &nbsp;&nbsp;&nbsp;&nbsp;(5566949) | &nbsp;&nbsp;&nbsp;&nbsp;20695 |  |  |
| Floating Rate Income | 12567899 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 96947475 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3957191 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (4491020) | &nbsp;&nbsp;&nbsp;&nbsp;(383866) | &nbsp;&nbsp;&nbsp;&nbsp;(639427) | &nbsp;&nbsp;&nbsp;&nbsp;3483234 |  | &nbsp;&nbsp;&nbsp;&nbsp;95390353 |
| Fundamental Global Franchise | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8063799 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 82500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (8269827) | &nbsp;&nbsp;&nbsp;&nbsp;498649 | &nbsp;&nbsp;&nbsp;&nbsp;(375121) |  |  |  |
| Fundamental Large Cap Core | &nbsp;&nbsp;&nbsp;&nbsp;294073 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8425747 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 16659955 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (3729673) | &nbsp;&nbsp;&nbsp;&nbsp;(279739) | &nbsp;&nbsp;&nbsp;&nbsp;452804 |  |  | &nbsp;&nbsp;&nbsp;&nbsp;21529094 |
| Global Equity | &nbsp;&nbsp;1758626 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 13557854 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9084507 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (2181921) | &nbsp;&nbsp;&nbsp;&nbsp;59927 | &nbsp;&nbsp;&nbsp;&nbsp;1937286 |  |  | &nbsp;&nbsp;&nbsp;&nbsp;22457653 |
| Global Shareholder Yield | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9687732 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (9846225) | &nbsp;&nbsp;&nbsp;&nbsp;4275160 | &nbsp;&nbsp;&nbsp;&nbsp;(4116667) |  |  |  |
| High Yield | 26592764 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 83509946 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2736444 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (5387829) | &nbsp;&nbsp;&nbsp;&nbsp;(407229) | &nbsp;&nbsp;&nbsp;&nbsp;922527 | &nbsp;&nbsp;&nbsp;&nbsp;2659665 |  | &nbsp;&nbsp;&nbsp;&nbsp;81373859 |
| Infrastructure | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 25889594 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (26252061) | &nbsp;&nbsp;&nbsp;&nbsp;8389217 | &nbsp;&nbsp;&nbsp;&nbsp;(8026750) |  |  |  |
| International Dynamic Growth | &nbsp;&nbsp;1193675 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 373301 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 16239360 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |  | &nbsp;&nbsp;&nbsp;&nbsp;1626693 |  |  | &nbsp;&nbsp;&nbsp;&nbsp;18239354 |
| International Growth | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 13889659 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 58459 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (14840747) | &nbsp;&nbsp;&nbsp;&nbsp;2853642 | &nbsp;&nbsp;&nbsp;&nbsp;(1961013) |  |  |  |
| International Strategic Equity Allocation | &nbsp;&nbsp;3742327 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 35838017 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3029874 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (2628675) | &nbsp;&nbsp;&nbsp;&nbsp;212311 | &nbsp;&nbsp;&nbsp;&nbsp;6323269 |  |  | &nbsp;&nbsp;&nbsp;&nbsp;42774796 |
| John Hancock Collateral Trust | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4196 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3237 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1609749 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (1571005) | &nbsp;&nbsp;&nbsp;&nbsp;(12) |  | &nbsp;&nbsp;&nbsp;&nbsp;295 |  | &nbsp;&nbsp;&nbsp;&nbsp;41969 |
| Mid Cap Growth | &nbsp;&nbsp;&nbsp;&nbsp;847815 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 17000173 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3264907 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (4861882) | &nbsp;&nbsp;&nbsp;&nbsp;641287 | &nbsp;&nbsp;&nbsp;&nbsp;453994 |  |  | &nbsp;&nbsp;&nbsp;&nbsp;16498479 |
| Mid Value | &nbsp;&nbsp;1329789 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 20870347 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2445874 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (3188572) | &nbsp;&nbsp;&nbsp;&nbsp;(62821) | &nbsp;&nbsp;&nbsp;&nbsp;(250971) |  |  | &nbsp;&nbsp;&nbsp;&nbsp;19813857 |
| Multi-Asset High Income | &nbsp;&nbsp;3213209 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 32386186 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 847631 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (2273362) | &nbsp;&nbsp;&nbsp;&nbsp;(58086) | &nbsp;&nbsp;&nbsp;&nbsp;1133329 | &nbsp;&nbsp;&nbsp;&nbsp;847631 |  | &nbsp;&nbsp;&nbsp;&nbsp;32035698 |
| Short Duration Bond | 14093392 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 138322868 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3847339 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (10519776) | &nbsp;&nbsp;&nbsp;&nbsp;(747119) | &nbsp;&nbsp;&nbsp;&nbsp;1715505 | &nbsp;&nbsp;&nbsp;&nbsp;3432897 |  | &nbsp;&nbsp;&nbsp;&nbsp;132618817 |
| Small Cap Core | &nbsp;&nbsp;&nbsp;&nbsp;878160 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 16090918 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (1891342) | &nbsp;&nbsp;&nbsp;&nbsp;(248628) | &nbsp;&nbsp;&nbsp;&nbsp;196205 |  |  | &nbsp;&nbsp;&nbsp;&nbsp;14147153 |
| Small Cap Dynamic Growth | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 14005110 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (13044319) | &nbsp;&nbsp;&nbsp;&nbsp;1433090 | &nbsp;&nbsp;&nbsp;&nbsp;(2393881) |  |  |  |
| Small Cap Value | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 15223696 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1760883 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (14440840) | &nbsp;&nbsp;&nbsp;&nbsp;(1149517) | &nbsp;&nbsp;&nbsp;&nbsp;(1394222) | &nbsp;&nbsp;&nbsp;&nbsp;10507 | &nbsp;&nbsp;&nbsp;&nbsp;$1750375 |  |
| Strategic Income Opportunities | 13447665 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 138920077 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2787780 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (7474985) | &nbsp;&nbsp;&nbsp;&nbsp;(194007) | &nbsp;&nbsp;&nbsp;&nbsp;2992846 | &nbsp;&nbsp;&nbsp;&nbsp;2634445 |  | &nbsp;&nbsp;&nbsp;&nbsp;137031711 |

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\| JOHN HANCOCK MULTIMANAGER LIFESTYLE PORTFOLIOS 42

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---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  |  |  |  |  |  |  | **Dividends and distributions** | **Dividends and distributions** |  |
| **Affiliate** | **Ending<br> share<br> amount** | **Beginning<br> value** | **Cost of<br> purchases** | **Proceeds<br> from shares<br> sold** | **Realized<br> gain<br> (loss)** | **Change in<br> unrealized<br> appreciation<br> (depreciation)** | **Income<br> distributions<br> received** | **Capital gain<br> distributions<br> received** | **Ending<br> value** |
| U.S. Sector Rotation | 4347467 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $40073397 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $23728034 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $(10907467) | &nbsp;&nbsp;&nbsp;&nbsp;$(217752) | &nbsp;&nbsp;&nbsp;&nbsp;$3362635 |  |  | &nbsp;&nbsp;&nbsp;&nbsp;$56038847 |
|  |  |  |  |  | **$14251190** | **$26107076** | **$27091746** | **$1750375** | **$1439108770** |

---

#### Note 8 — Segment reporting
The management committee of the Advisor acts as the portfolios' chief operating decision maker (the CODM), assessing performance and making decisions about resource allocation. Each portfolio represents a single operating segment, as the CODM monitors and assesses the operating results of the portfolio as a whole, and the portfolio's long-term strategic asset allocation is managed in accordance with the terms of its prospectus, based on a defined investment strategy which is executed by the portfolio management team of the portfolio's subadvisor. Segment assets are reflected in the Statements of assets and liabilities as "Total assets", which consists primarily of total investments at value. The financial information, including the measurement of profit and loss and significant expenses, provided to and reviewed by the CODM is consistent with that presented within the Statements of operations, which includes "Increase (decrease) in net assets from operations", Statements of changes in net assets, which includes "Increase (decrease) in net assets from portfolio share transactions", and Financial highlights, which includes total return and income and expense ratios.

43 JOHN HANCOCK MULTIMANAGER LIFESTYLE PORTFOLIOS \|

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#### CONTINUATION OF INVESTMENT ADVISORY AND SUBADVISORY AGREEMENTS

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#### Evaluation of Advisory and Subadvisory Agreements by the Board of Trustees
This section describes the evaluation by the Board of Trustees (the Board) of John Hancock Funds II (the Trust) of the Advisory Agreement (the Advisory Agreement) and the Subadvisory Agreement (the Subadvisory Agreement) with respect to each of the portfolios of the Trust included in this report (the Funds). The Advisory and Subadvisory Agreement are collectively referred to as the Agreements. Prior to the June 23-26, 2025 meeting at which the Agreements were approved, the Board also discussed and considered information regarding the proposed continuation of the Agreements at a meeting held on May 27-29, 2025. The Trustees who are not "interested persons" of the Trust as defined by the Investment Company Act of 1940, as amended (the 1940 Act) (the Independent Trustees) also met separately to evaluate and discuss the information presented, including with counsel to the Independent Trustees and a third-party consulting firm.

#### Approval of Advisory and Subadvisory Agreements
At meetings held on June 23-26, 2025, the Board, including the Trustees who are not parties to any Agreement or considered to be interested persons of the Trust under the 1940 Act (the Independent Trustees), reapproved for an annual period, the continuation of the Advisory Agreement between the Trust and the Advisor and the Subadvisory Agreement between the Advisor and the Subadvisor with respect to each of the Funds in this report.

In considering the Advisory Agreement and the Subadvisory Agreement with respect to each Fund, the Board received in advance of the meetings a variety of materials relating to each Fund, the Advisor and the Subadvisor, including comparative performance, fee and expense information for peer groups of similar funds prepared by an independent third-party provider of fund data; performance information for the Funds' benchmark indices; and, with respect to the Subadvisor, comparative performance information for comparably managed accounts, as applicable; and other information provided by the Advisor and the Subadvisor regarding the nature, extent and quality of services provided by the Advisor and the Subadvisor under their respective Agreements, as well as information regarding the Advisor's revenues and costs of providing services to the Funds and any compensation paid to affiliates of the Advisor. At the meetings at which the renewal of the Advisory Agreement and Subadvisory Agreement are considered, particular focus is given to information concerning Fund performance, comparability of fees and total expenses, and profitability. However, the Board noted that the evaluation process with respect to the Advisor and the Subadvisor is an ongoing one. In this regard, the Board also took into account discussions with management and information provided to the Board (including its various committees) at prior meetings with respect to the services provided by the Advisor and the Subadvisor to the Funds, including quarterly performance reports prepared by management containing reviews of investment results, and periodic presentations from the Subadvisor with respect to the Funds they manage. The information received and considered by the Board both in conjunction with the May and June meetings and throughout the year was both written and oral. The Board noted the affiliation of the Subadvisor with the Advisor, noting any potential conflicts of interest. The Board also considered the nature, quality, and extent of the non-advisory services, if any, to be provided to the Funds by the Advisor's affiliates, including distribution services. The Board considered the Advisory Agreement and the Subadvisory Agreement separately in the course of its review. In doing so, the Board noted the respective roles of the Advisor and the Subadvisor in providing services to the Funds. In addition, although the Board approved the renewal of the Agreements for all of the Funds at the June meeting, the Board considered each Fund separately.

Throughout the process, the Board asked questions of and requested additional information from management. The Board is assisted by counsel for the Trust and the Independent Trustees are also separately assisted by independent legal counsel throughout the process. The Independent Trustees also received a memorandum from their independent counsel discussing the legal standards for their consideration of the proposed continuation of the Agreements and discussed the proposed continuation of the Agreements in private sessions with their independent legal counsel at which no representatives of management were present.

#### Approval of Advisory Agreement
In approving the Advisory Agreement with respect to each Fund, the Board, including the Independent Trustees, considered a variety of factors, including those discussed below. The Board also considered other factors (including conditions and trends prevailing generally in the economy, the securities markets, and the industry) and did not treat any single factor as determinative, and each Trustee may have attributed different weights to different factors. The Board's conclusions may be based in part on its consideration of the advisory and subadvisory arrangements in prior years and on the Board's ongoing regular review of Fund performance and operations throughout the year.

*<u>Nature, Extent and Quality of Services.</u> Among the information received by the Board from the Advisor relating to the nature, extent and quality of services provided to the Funds, the Board reviewed information provided by the Advisor relating to its operations and personnel, descriptions of its organizational and management structure, and information regarding the Advisor's compliance and regulatory history, including its Form ADV. The Board also noted that on a regular basis it receives and reviews information from the Trust's Chief Compliance Officer (CCO) regarding the Funds' compliance policies and procedures established pursuant to Rule 38a-1 under the 1940 Act. The Board observed that the scope of services provided by the Advisor, and of the undertakings required of the Advisor in connection with those services, including maintaining and monitoring its own and the Fund's compliance programs, risk management programs, liquidity risk management programs, derivatives risk management programs, and cybersecurity programs, had expanded over time as a result of regulatory, market and other developments. The Board considered that the Advisor is responsible for the management of the day-to-day operations of the Funds, including but not limited to, general supervision of and coordination of the services provided by the Subadvisor, and is also responsible for monitoring and reviewing the activities of the Subadvisor and third-party service providers. The Board also considered the significant risks assumed by the Advisor in connection with the services provided to the Funds including entrepreneurial risk in sponsoring new Funds and ongoing risks including investment, operational, enterprise, litigation, regulatory and compliance risks with respect to all Funds.*

In considering the nature, extent, and quality of the services provided by the Advisor, the Trustees also took into account their knowledge of the Advisor's management and the quality of the performance of the Advisor's duties, through Board meetings, discussions and reports during the preceding year and through each Trustee's experience as a Trustee of the Trust and of the other trusts in the complex.

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In the course of their deliberations regarding the Advisory Agreement, the Board considered, among other things:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a)the skills and competency with which the Advisor has in the past managed the Trust's affairs and its subadvisory relationship, the Advisor's oversight and monitoring of the Subadvisor's investment performance and compliance programs, such as the Subadvisor's compliance with fund policies and objectives, review of brokerage matters, including with respect to trade allocation and best execution and the Advisor's timeliness in responding to performance issues;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b)the background, qualifications and skills of the Advisor's personnel;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c)the Advisor's compliance policies and procedures and its responsiveness to regulatory changes and mutual fund industry developments;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d)the Advisor's administrative capabilities, including its ability to supervise the other service providers for the Funds, as well as the Advisor's oversight of any securities lending activity, its monitoring of class action litigation and collection of class action settlements on behalf of the Funds, and bringing loss recovery actions on behalf of the Funds;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(e)the financial condition of the Advisor and whether it has the financial wherewithal to provide a high level and quality of services to the Funds;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(f)the Advisor's initiatives intended to improve various aspects of the Trust's operations and investor experience with the Funds; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(g)the Advisor's reputation and experience in serving as an investment adviser to the Trust and the benefit to shareholders of investing in funds that are part of a family of funds offering a variety of investments.

The Board concluded that the Advisor may reasonably be expected to continue to provide a high quality of services under the Advisory Agreement with respect to the Funds.

*<u>Investment Performance.</u> In considering each Fund's performance, the Board noted that it reviews at its regularly scheduled meetings information about the Funds' performance results. In connection with the consideration of the Advisory Agreement, the Board:*

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a)reviewed information prepared by management regarding the Funds' performance;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b)considered the comparative performance of each Fund's respective benchmark;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c)considered the performance of comparable funds, if any, as included in the report prepared by an independent third-party provider of mutual fund data; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d)took into account the Advisor's analysis of each Fund's performance and its plans and recommendations regarding the Trust's subadvisory arrangements generally and with respect to particular Funds.

The Board noted that while it found the data provided by the independent third-party generally useful it recognized its limitations, including in particular that the data may vary depending on the end date selected and that the results of the performance comparisons may vary depending on the selection of the peer group. The Board reviewed each Fund's performance and concluded that the performance of the Funds has generally been in line with or generally outperformed the historical performance of comparable funds based on the median percentile over the longer-term with certain exceptions noted in Appendix A. In such cases, the Board considered the steps the Advisor has taken or plans to take to address performance and concluded that such performance is being monitored or reasonably addressed.

*<u>Fees and Expenses.</u> The Board reviewed comparative information prepared by an independent third-party provider of fund data including, among other data, each Fund's contractual and net management fees (and subadvisory fees, to the extent available) and total expenses as compared to similarly situated investment companies deemed to be comparable to the Fund in light of the nature, extent and quality of the management and subadvisory services provided by the Advisor and the Subadvisor. The Board considered each Fund's ranking within a smaller group of peer funds chosen by the independent third-party provider, as well as the Fund's ranking within broader groups of funds. In comparing each Fund's contractual and net management fees to that of comparable funds, the Board noted that such fee includes both advisory and administrative costs.*

The Board took into account management's discussion with respect to the overall management fee and the fees of the Subadvisor, including the amount of the advisory fee retained by the Advisor after payment of the subadvisory fee, in each case in light of the services rendered for those amounts and the risks undertaken by the Advisor. The Board also noted that, in addition, the Advisor is currently waiving fees and/or reimbursing expenses with respect to certain of the Funds. The Board also noted that the Advisor pays the subadvisory fee. In addition, the Board noted that the Advisor continued advisory and subadvisory fee reductions in the past year with respect to several Funds. The Board also took into account that management had agreed to implement an overall fee waiver across the complex, which is discussed below. The Board also noted management's discussion of the Funds' expenses, as well as certain actions taken over the past several years to reduce the Funds' operating expenses. The Board reviewed information provided by the Advisor concerning investment advisory fees charged to other clients (including other funds in the complex) having similar investment mandates, if any. The Board considered any differences between the Advisor's and Subadvisor's services to a Fund and the services they provide to other such comparable clients or funds. The Board concluded that the advisory fee paid with respect to each of the Funds is reasonable in light of the nature, extent and quality of the services provided the Funds under the Advisory Agreement.

In addition, the Trustees reviewed the advisory fee to be paid to the Advisor for each Fund and noted that the Advisor has evaluated the complexity of the structure and fees and expenses associated with the Funds' investments in the underlying portfolios and that the Advisor made a finding that the Funds' expenses do not duplicate the fees and expenses of the underlying portfolios.

45 JOHN HANCOCK MULTIMANAGER LIFESTYLE PORTFOLIOS \|

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*<u>Profitability/Fall Out Benefits.</u> In considering the costs of the services to be provided and the profits to be realized by the Advisor and its affiliates (including the Subadvisor that is affiliated with the Advisor) from the Advisor's relationship with the Trust, the Board:*

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a)reviewed financial information of the Advisor;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b)reviewed and considered information presented by the Advisor regarding the net profitability to the Advisor and its affiliates, of each Fund;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c)received and reviewed profitability information with respect to the John Hancock fund complex as a whole and with respect to each Fund;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d)received information with respect to the Advisor's allocation methodologies used in preparing the profitability data and considered that the Advisor hired an independent third-party consultant to provide an analysis of the Advisor's allocation methodologies;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(e)considered that the John Hancock insurance companies that are affiliates of the Advisor, as shareholders of the Trust directly or through their separate accounts, receive certain tax credits or deductions relating to foreign taxes paid and dividends received by certain Funds of the Trust and noted that these tax benefits, which are not available to participants in qualified retirement plans under applicable income tax law, are reflected in the profitability analysis reviewed by the Board;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(f)considered that the Advisor also provides administrative services to the Funds on a cost basis pursuant to an administrative services agreement;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(g)noted that the Funds' Subadvisor is an affiliate of the Advisor;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(h)noted that the Advisor also derives reputational and other indirect benefits from providing advisory services to the Funds;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i)noted that the subadvisory fees for the Funds are paid by the Advisor;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(j)with respect to each Fund, the Board noted that the advisory fee is in addition to the fees received by the Advisor and its affiliates with regard to the underlying portfolios in which the Funds may invest;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(k)considered the Advisor's ongoing costs and expenditures necessary to improve services, meet new regulatory and compliance requirements, and adapt to other challenges impacting the mutual fund industry; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(l)considered that the Advisor should be entitled to earn a reasonable level of profits in exchange for the level of services it provides to each Fund and the risks that it assumes as Advisor, including entrepreneurial, operational, reputational, litigation and regulatory risk.

Based upon its review, the Board concluded that the level of profitability, if any, of the Advisor and its affiliates (including the Subadvisor, which are affiliated with the Advisor), from their relationship with each Fund was reasonable and not excessive.

*<u>Economies of Scale.</u> In considering the extent to which economies of scale would be realized as a Fund grows and whether fee levels reflect these economies of scale for the benefit of Fund shareholders, the Board:*

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a)considered that with respect to the John Hancock underlying portfolios in which the Funds invest, the Advisor has agreed to waive a portion of its management fee for such fund and for each of the other John Hancock funds in the complex (except as discussed below) (the Participating Portfolios) or otherwise reimburse the expenses of the Participating Portfolios (the Reimbursement). This waiver is based upon the aggregate net assets of all the Participating Portfolios. The Board also noted that the Advisor had implemented additional breakpoints to the complex-wide fee waiver in recent years. The Funds that are not Participating Portfolios as of the date of this annual report are each Fund and each other of the funds of funds of the Trust and John Hancock Variable Insurance Trust and John Hancock Collateral Trust. These funds of funds also benefit from such overall management fee waiver through their investment in underlying portfolios that include certain of the Participating Portfolios, which are subject to the Reimbursement;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b)reviewed the Trust's advisory fee structure and concluded that (i) the Funds' fee structures contain breakpoints at the advisory fee level and (ii) although economies of scale cannot be measured with precision, these arrangements permit shareholders of the Funds to benefit from economies of scale if those Funds grow. The Board also took into account management's discussion of the Funds' advisory fee structure; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c)the Board also considered the effect of the Funds' growth in size on their performance and fees. The Board also noted that if the Funds' assets increase over time, the Funds may realize other economies of scale.

#### Approval of Subadvisory Agreements
In making its determination with respect to approval of the Subadvisory Agreement, the Board reviewed:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1)information relating to the Subadvisor's business, including current subadvisory services to the Trust (and other funds in the John Hancock family of funds);

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2)the historical and current performance of each Fund and comparative performance information relating to the Fund's benchmark and comparable funds; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3)the subadvisory fee for each Fund and comparative fee information, where available, prepared by an independent third-party provider of mutual fund data.

*<u>Nature, Extent and Quality of Services.</u> With respect to the services provided by the Subadvisor with respect to each Fund, the Board received information provided to the Board by the Subadvisor, including the Subadvisor's Form ADV, as well as took into account information presented throughout the past year. The Board considered the Subadvisor's current level of staffing and its overall resources, as well as received information relating to the Subadvisor's compensation program. The Board reviewed the Subadvisor's history and investment experience, as well as information regarding the qualifications, background and responsibilities of the Subadvisor's investment and compliance personnel who provide services to the Funds. The Board also considered, among other things, the Subadvisor's compliance program and*

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any disciplinary history. The Board also considered the Subadvisor's risk assessment and monitoring process. The Board reviewed the Subadvisor's regulatory history, including whether it was currently involved in any regulatory actions or investigations as well as material litigation, and any settlements and amelioratory actions undertaken, as appropriate. The Board noted that the Advisor conducts regular, periodic reviews of the Subadvisor and its operations, including regarding investment processes and organizational and staffing matters. The Board also noted that the CCO and his staff conduct regular, periodic compliance reviews with the Subadvisor and present reports to the Independent Trustees regarding the same, which includes evaluating the regulatory compliance systems of the Subadvisor and procedures reasonably designed by them to assure compliance with the federal securities laws. The Board also took into account the financial condition of the Subadvisor.

The Board considered the Subadvisor's investment process and philosophy. The Board took into account that the Subadvisor's responsibilities include the development and maintenance of an investment program for the Funds which is consistent with the Fund's investment objectives, the selection of investment securities and underlying funds and the placement of orders for the purchase and sale of such securities and underlying funds, as well as the implementation of compliance controls related to performance of these services. The Board also received information with respect to the Subadvisor's brokerage policies and practices, including with respect to best execution and soft dollars.

*<u>Subadvisor Compensation.</u> In considering the cost of services to be provided by the Subadvisor and the profitability to the Subadvisor of its relationship with the Fund, the Board noted that the fees under the Subadvisory Agreement are paid by the Advisor and not the Funds. The Board also received information and took into account any other potential conflicts of interest the Advisor might have in connection with the Subadvisory Agreement.*

In addition, the Board considered other potential indirect benefits that the Subadvisor and its affiliates may receive from the Subadvisor's relationship with the Funds, such as the opportunity to provide advisory services to additional portfolios of the Trusts and reputational benefits.

*<u>Subadvisory Fees.</u> The Board considered that the Fund pays an advisory fee to the Advisor and that, in turn, the Advisor pays a subadvisory fee to the Subadvisor. As noted above, the Board also considered, if available, each Fund's subadvisory fees as compared to similarly situated investment companies deemed to be comparable to the Fund as included in the report prepared by the independent third-party provider of fund data. The Board also took into account the subadvisory fees paid by the Advisor to fees charged by the Subadvisor to manage other subadvised portfolios and portfolios not subject to regulation under the 1940 Act, as applicable.*

*<u>Subadvisor Performance.</u> As noted above, the Board considered each Fund's performance as compared to the Fund's respective peer group and benchmark and noted that the Board reviews information about the Fund's performance results at its regularly scheduled meetings. The Board noted the Advisor's expertise and resources in monitoring the performance, investment style, and risk-adjusted performance of the Subadvisor. The Board was mindful of the Advisor's focus on the Subadvisor's performance. The Board also noted the Subadvisor's long-term performance record for similar accounts, as applicable.*

The Board's decision to approve the Subadvisory Agreement with respect to each Fund was based on a number of determinations, including the following:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1)the Subadvisor has extensive experience and demonstrated skills as a manager;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2)the performance of each Fund managed by the Subadvisor has generally been in line with or generally outperformed the historical performance of comparable funds based on the median percentile over the long term with certain exceptions noted in Appendix A (with respect to such exceptions, the Board considered the steps the Subadvisor had taken or plans to take to address performance and concluded that performance is being monitored and reasonably being addressed);

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3)the subadvisory fee is reasonable in relation to the level and quality of services being provided under the Subadvisory Agreement; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(4)subadvisory fees are paid by the Adviser and not the Funds and the advisory fees for each Fund contains breakpoints that permit shareholders to benefit from economies of scale if those Funds grow.

In addition, in the case of each Fund, the Trustees reviewed the subadvisory fee to be paid to the Subadvisor for the Fund and noted that the Advisor has evaluated the complexity of the structure and fees and expenses associated with the Funds' investments in the underlying portfolios and that the Advisor made a finding that the Funds' expenses do not duplicate the fees and expenses of the underlying portfolios.

Additional information relating to each Fund's fees and expenses and performance that the Board considered in approving the Advisory Agreement and Subadvisory Agreement for a particular Fund is set forth in Appendix A.

\*\*\*

Based on their evaluation of all factors that they deemed to be material, including those factors described above, the Board, including the Independent Trustees, concluded that renewal of the Advisory Agreement and the Subadvisory Agreement with respect to each Fund would be in the best interest of each of the respective Funds and its shareholders. Accordingly, the Board, and the Independent Trustees voting separately, approved the Advisory Agreement and Subadvisory Agreement with respect to each Fund for an additional one-year period.

47 JOHN HANCOCK MULTIMANAGER LIFESTYLE PORTFOLIOS \|

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#### APPENDIX A

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| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;Portfolio (subadviser) | &nbsp;&nbsp;Performance as of 12.31.2024 | &nbsp;&nbsp;Fees and expenses | &nbsp;&nbsp;Comments |
| &nbsp;&nbsp;Multimanager Lifestyle Aggressive Portfolio<br>(Manulife Investment Management (US) LLC) | &nbsp;&nbsp;Benchmark Index – The Fund underperformed the benchmark index for the one-, three-, ﬁve- and ten-year periods.<br>Broadridge Category – The Fund underperformed the peer group median for the one- and three-year periods and outperformed the peer group median for the five- and ten-year periods. | &nbsp;&nbsp;Subadviser fee comparative data not provided due to limited size of Broadridge peer group for this purpose.<br>Net management fees for this Fund are higher than the peer group median.<br>Net total expenses for this Fund are lower than the peer group median. | &nbsp;&nbsp;The Board took into account management's discussion of the Fund's performance relative to the benchmark index for the one-, three-, five- and ten-year periods and to the peer group median for the one- and three-year periods, including the impact of past and current market conditions on the Fund's strategy and management's outlook for the Fund.<br>The Board noted the Fund's favorable performance relative to the peer group median for the five- and ten-year periods.<br>The Board noted that the Fund outperformed its benchmark index for the year-to-date period ended May 31, 2025.<br>The Board took into account management's discussion of the Fund's expenses. The Board noted the Fund's net total expenses are lower than the peer group median. |
| &nbsp;&nbsp;Multimanager Lifestyle Balanced Portfolio<br>(Manulife Investment Management (US) LLC) | &nbsp;&nbsp;Benchmark Index – The Fund underperformed the benchmark index for the one-, three-, ﬁve- and ten-year periods.<br>Broadridge Category – The Fund underperformed the peer group median for the one-, three-, five- and ten-year periods. | &nbsp;&nbsp;Subadviser fee comparative data not provided due to limited size of Broadridge peer group for this purpose. <br>Net management fees for this Fund are higher than the peer group median.<br>Net total expenses for this Fund are lower than the peer group median. | &nbsp;&nbsp;The Board took into account management's discussion of the factors that contributed to the Fund's performance relative to the benchmark index and to the peer group median for the one-, three-, five- and ten-year periods, including the impact of past and current market conditions on the Fund's strategy and management's plans for the Fund. <br>The Board noted that the Fund outperformed its benchmark index for the year-to-date period ended May 31, 2025. <br>The Board took into account management's discussion of the Fund's expenses. The Board noted the Fund's net total expenses are lower than the peer group median. |

---

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| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;Portfolio (subadviser) | &nbsp;&nbsp;Performance as of 12.31.2024 | &nbsp;&nbsp;Fees and expenses | &nbsp;&nbsp;Comments |
| &nbsp;&nbsp;Multimanager Lifestyle Conservative Portfolio<br>(Manulife Investment Management (US) LLC) | &nbsp;&nbsp;Benchmark Index – The Fund underperformed the benchmark index for the one- and ten-year periods and outperformed the benchmark index for the three- and five-year periods. <br>Broadridge Category – The Fund outperformed the peer group median for the one-, three-, five- and ten-year periods. | &nbsp;&nbsp;Subadviser fee comparative data not provided due to limited size of Broadridge peer group for this purpose.<br>Net management fees for this Fund are higher than the peer group median.<br>Net total expenses for this Fund are lower than the peer group median. | &nbsp;&nbsp;The Board took into account management's discussion of the Fund's performance relative to the benchmark index for the one- and ten-year periods. <br>The Board noted the Fund's favorable performance relative to the benchmark index for the three- and five-year periods and to the peer group median for the one-, three-, five- and ten-year periods. <br>The Board took into account management's discussion of the Fund's expenses. The Board noted the Fund's net total expenses are lower than the peer group median. |
| &nbsp;&nbsp;Multimanager Lifestyle Growth Portfolio<br>(Manulife Investment Management (US) LLC) | &nbsp;&nbsp;Benchmark Index – The Fund underperformed the benchmark index for the one-, three-, ﬁve- and ten-year periods.<br>Broadridge Category – The Fund underperformed the peer group median for the one- and three-year periods and outperformed the peer group median for the five- and ten-year periods. | &nbsp;&nbsp;Subadviser fee comparative data not provided due to limited size of Broadridge peer group for this purpose.<br>Net management fees for this Fund are higher than the peer group median.<br>Net total expenses for this Fund are lower than the peer group median. | &nbsp;&nbsp;The Board took into account management's discussion of the Fund's performance relative to the benchmark index for the one-, three-, ﬁve- and ten-year periods and to the peer group median for the one- and three-year periods, including the impact of past and current market conditions on the Fund's strategy and management's outlook for the Fund. <br>The Board noted the Fund's favorable performance relative to the peer group median for the five- and ten-year periods. <br>The Board noted that the Fund outperformed its benchmark index for the year-to-date period ended May 31, 2025.<br>The Board took into account management's discussion of the Fund's expenses. The Board noted the Fund's net total expenses are lower than the peer group median. |

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49 JOHN HANCOCK MULTIMANAGER LIFESTYLE PORTFOLIOS \|

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| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;Portfolio (subadviser) | &nbsp;&nbsp;Performance as of 12.31.2024 | &nbsp;&nbsp;Fees and expenses | &nbsp;&nbsp;Comments |
| &nbsp;&nbsp;Multimanager Lifestyle Moderate Portfolio<br>(Manulife Investment Management (US) LLC) | &nbsp;&nbsp;Benchmark Index – The Fund underperformed the benchmark index for the one-, three-, five- and ten-year periods.<br>Broadridge Category – The Fund outperformed the peer group median for the one-, three-, five- and ten-year periods. | &nbsp;&nbsp;Subadviser fee comparative data not provided due to limited size of Broadridge peer group for this purpose.<br>Net management fees for this Fund are higher than the peer group median.<br>Net total expenses for this Fund are lower than the peer group median. | &nbsp;&nbsp;The Board took into account management's discussion of the Fund's performance relative to the benchmark index for the one-, three-, five- and ten-year periods.<br>The Board noted the Fund's favorable performance relative to the peer group median for the one-, three-, five- and ten-year periods.<br>The Board took into account management's discussion of the Fund's expenses. The Board noted the Fund's net total expenses are lower than the peer group median. |

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![](imgb25d34463.jpg)

John Hancock Investment Management Distributors LLC, Member FINRA, SIPC

200 Berkeley Street, Boston, MA 02116-5010, 800-225-5291, jhinvestments.com

Manulife, Manulife Investments, Stylized M Design, and Manulife Investments & Stylized M Design are trademarks of The Manufacturers Life Insurance Company and John Hancock and the Stylized John Hancock Design are trademarks of John Hancock Life Insurance Company (U.S.A.). Each are used by it and by its affiliates under license.

NOT FDIC INSURED. MAY LOSE VALUE. NO BANK GUARANTEE. NOT INSURED BY ANY GOVERNMENT AGENCY.

This report is for the information of the shareholders of John Hancock Multimanager Lifestyle Portfolios. It is not authorized for distribution to prospective investors unless preceded or accompanied by a prospectus.

MF4618629 LSSA 6/25

8/25

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ITEM 8. CHANGES IN AND DISAGREEMENTS WITH ACCOUNTANTS FOR OPEN-END MANAGEMENT INVESTMENT COMPANIES.

Not applicable.

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ITEM 9. PROXY DISCLOSURE FOR OPEN-END MANAGEMENT INVESTMENT COMPANIES.

Information included in Item 7, if applicable.

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ITEM 10. REMUNERATION PAID TO DIRECTORS, OFFICERS, AND OTHERS OF OPEN-END MANAGEMENT INVESTMENT COMPANIES.

Refer to information included in Item 7.

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ITEM 11. STATEMENT REGARDING BASIS FOR APPROVAL OF INVESTMENT ADVISORY CONTRACT.

Information included in Item 7, if applicable.

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ITEM 12. DISCLOSURE OF PROXY VOTING POLICIES AND PROCEDURES FOR CLOSED-END MANAGEMENT INVESTMENT COMPANIES.

Not applicable.

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ITEM 13. PORTFOLIO MANAGERS OF CLOSED-END MANAGEMENT INVESTMENT COMPANIES.

Not applicable.

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ITEM 14. PURCHASES OF EQUITY SECURITIES BY CLOSED-END MANAGEMENT INVESTMENT COMPANY AND AFFILIATED PURCHASERS.

Not applicable.

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ITEM 15. SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS.

No material changes.

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ITEM 16. CONTROLS AND PROCEDURES.

(a) Based upon their evaluation of the registrant's disclosure controls and procedures as conducted within 90 days of the filing date of this Form N-CSR, the registrant's principal executive officer and principal financial officer have concluded that those disclosure controls and procedures provide reasonable assurance that the material information required to be disclosed by the registrant on this report is recorded, processed, summarized and reported within the time periods specified in the Securities and Exchange Commission's rules and forms.

(b) There were no changes in the registrant's internal control over financial reporting that occurred during the period covered by this report that have materially affected, or are reasonably likely to materially affect, the registrant's internal control over financial reporting.

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ITEM 17. DISCLOSURE OF SECURITIES LENDING ACTIVITIES FOR CLOSED-END MANAGEMENT INVESTMENT COMPANIES.

Not applicable.

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ITEM 18. RECOVERY OF ERRONEOUSLY AWARDED COMPENSATION.

Not applicable.

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ITEM 19. EXHIBITS.

(a)(1) Not applicable.

(a)(2) Not applicable.

[(a)(3) Separate certifications for the registrant's principal executive officer and principal financial officer, as required by Section 302 of the Sarbanes-Oxley Act of 2002 and Rule 30a-2(a) under the Investment Company Act of 1940, are attached.](JHFII_KFeinberg_FSilva.htm)

[(b) Separate certifications for the registrant's principal executive officer and principal financial officer, as required by 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, and Rule 30a-2(b) under the Investment Company Act of 1940, are attached. The certifications furnished pursuant to this paragraph are not deemed to be "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, or otherwise subject to the liability of that section. Such certifications are not deemed to be incorporated by reference into any filing under the Securities Act of 1933 or the Securities Exchange Act of 1934, except to the extent that the Registrant specifically incorporates them by reference.](JHFII_906_Cert.htm)

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

John Hancock Funds II

---

| | |
|:---|:---|
| By: | /s/ Kristie M. Feinberg |
|  | Kristie M. Feinberg |
|  | President, |
|  | Principal Executive Officer |
| Date: | August 5, 2025 |

---

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated.

---

| | |
|:---|:---|
| By: | /s/ Kristie M. Feinberg |
|  | Kristie M. Feinberg |
|  | President, |
|  | Principal Executive Officer |
| Date: | August 5, 2025 |
| By: | /s/ Fernando A. Silva |
|  | Fernando A. Silva |
|  | Chief Financial Officer, |
|  | Principal Financial Officer |
| Date: | August 5, 2025 |

---

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## Ex-99.Cert

<u>CERTIFICATION</u>

**I, Kristie M. Feinberg, certify that:**

1. I have reviewed this report on Form N-CSR of **John Hancock Funds II**;

2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

3. Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial conditions, results of operations, changes in net assets, and cash flows (if the financial statements are required to include a statement of cash flows) of the registrant as of, and for, the periods presented in this report;

4. The registrant's other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940) and internal control over financial reporting (as defined in Rule 30a-3(d) under the Investment Company Act of 1940) for the registrant and have:

(a)Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

(b)Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

(c)Evaluated the effectiveness of the registrant's disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of a date within 90 days prior to the filing date of this report based on such evaluation; and

(d)Disclosed in this report any change in the registrant's internal control over financial reporting that occurred during the period covered by this report that has materially affected, or is reasonably likely to materially affect, the registrant's internal control over financial reporting; and

5. The registrant's other certifying officer(s) and I have disclosed to the registrant's auditors and the audit committee of the registrant's board of directors (or persons performing the equivalent functions):

(a)All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant's ability to record, process, summarize, and report financial information; and

(b)Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant's internal control over financial reporting.

Date: August 5, 2025

<u>/s/ Kristie M. Feinberg</u> Kristie M. Feinberg

President, Principal Executive Officer

<u>CERTIFICATION</u>

I, **Fernando A. Silva**, certify that:

1. I have reviewed this report on Form N-CSR of **John Hancock Funds II**;

2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

3. Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial conditions, results of operations, changes in net assets, and cash flows (if the financial statements are required to include a statement of cash flows) of the registrant as of, and for, the periods presented in this report;

4. The registrant's other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940) and internal control over financial reporting (as defined in Rule 30a-3(d) under the Investment Company Act of 1940) for the registrant and have:

(a)Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

(b)Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

(c)Evaluated the effectiveness of the registrant's disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of a date within 90 days prior to the filing date of this report based on such evaluation; and

(d)Disclosed in this report any change in the registrant's internal control over financial reporting that occurred during the period covered by this report that has materially affected, or is reasonably likely to materially affect, the registrant's internal control over financial reporting; and

5. The registrant's other certifying officer(s) and I have disclosed to the registrant's auditors and the audit committee of the registrant's board of directors (or persons performing the equivalent functions):

(a)All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant's ability to record, process, summarize, and report financial information; and

(b)Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant's internal control over financial reporting.

Date: August 5, 2025

<u>/s/ Fernando A. Silva</u> Fernando A. Silva

Chief Financial Officer, Principal Financial Officer

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## Exhibit 99.906

**Certification Pursuant to 18 U.S.C. Section 1350, as Adopted Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002\***

In connection with the attached Report of **John Hancock Funds II** (the "registrant") on Form N-CSR to be filed with the Securities and Exchange Commission (the "Report"), each of the undersigned officers of the registrant does hereby certify that, to the best of such officer's knowledge:

1. The Report fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934; and

2. The information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the registrant as of, and for, the periods presented in the Report.

/s/ Kristie M. Feinberg

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Kristie M. Feinberg

President, Principal Executive Officer

Dated: August 5, 2025

/s/ Fernando A. Silva

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Fernando A. Silva

Chief Financial Officer, Principal Financial Officer

Dated: August 5, 2025

A signed original of this written statement, required by Section 906, has been provided to the registrant and will be retained by the registrant and furnished to the Securities and Exchange Commission or its staff upon request.

\*These certifications are being furnished solely pursuant to 18 U.S.C. Section 1350 and are not being filed as part of this Form N-CSR or as a separate disclosure document.

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