Your guide to investing and allocation options Insurance products are issued by John Hancock Life Insurance Company (U.S.A.), Boston, MA 02116 (not licensed in New York) and John Hancock Life Insurance Company of New York, Valhalla, NY 10595 and securities offered through John Hancock Distributors LLC through other broker/dealers that have a selling agreement with John Hancock Distributors LLC, 197 Clarendon Street, Boston, MA 02116. LIFE-1854ML 5/20 Offering access that makes the difference We are often told that When you and your life insurance representative diversification is the key or financial consultant team up with John to achieving long-term Hancock, you gain access to a broad, diversified financial goals. Therefore, offering of portfolios — including our exclusive as you look to add strength Lifestyle Portfolios — from our select roster of and diversification to your talented and knowledgeable asset managers. portfolio to build the future Using our proprietary manager-selection process, you want, consider John we build and maintain this team based on the Hancock, a nationally following factors: respected financial services • Depth and breadth of portfolio- provider. We are a leader management expertise in life insurance, college savings plans, retirement • Consistency of performance through plans, and products different market cycles and services for estate • Clarity of the asset manager’s planning. What’s more, investment style as a customer-focused • Discipline of the investment process organization, John Hancock has earned a reputation One factor in the analysis is the past performance for innovation and of the portfolios and asset managers (keeping in in-depth knowledge — mind that past performance does not guarantee gained through more than future results). 155 years of experience. INSURANCE PRODUCTS: Not FDIC Insured Not Bank Guaranteed May Lose Value Not a Deposit Not Insured by Any Federal Government Agency Page 1 of 9. Not valid without all pages. Your guide to investing Providing broad diversification backed by rigor and discipline John Hancock Variable Insurance Trust offerings go well beyond traditional equity and fixed-income asset classes. They include natural resource equities, international small-cap stocks, Treasury Inflation-Protected Securities (TIPS) and real estate securities. Traditional or not, all John Hancock Variable Insurance Trust portfolios have been subjected to the same rigorous, disciplined selection process. Identify Ongoing review of financial landscape to determine consistently performing portfolios and asset managers. Our process includes screening asset manager databases representing over 7,000 portfolios. We consider factors such as asset class, track record and adherence to a disciplined investment approach. To further narrow our selection, we focus on established firms with sizable assets under management, experienced and talented managers, advanced technology and broad resources. Evaluate Analyzing each portfolio and manager using rigorous quantitative and qualitative methodologies. We perform rigorous quantitative analysis on the portfolios’ investment styles, characteristics and performance, as well as risk-adjusted returns against their peer groups and market indexes. But numbers don’t tell the whole story. We also perform extensive qualitative analysis as well, conducting in-depth, face-to-face manager interviews, focusing on key elements such as performance, investment process, depth of resources and organizational stability. Select Conducting final assessment and making selections. Our team of professionals reviews the findings and makes recommendations on both the managers and portfolios to include in our investment platform. Monitor Ongoing monitoring and review of selected managers and portfolios. We continuously scrutinize each of our managers and their portfolios to help ensure consistent ongoing performance and adherence to their defined style of investing. Page 2 of 9. Not valid without all pages. Your guide to investing Three principles for developing your long-term savings or estate plan Achieving your long-term savings goals — such as a financially secure retirement — begins with building a diversified long-term portfolio. Our team of financial professionals can help create a sound investment strategy that is appropriate for you based on the following three fundamental steps: Diversifying your investments • Allocating your investments among several asset classes and investment styles may help you achieve a comfortable balance between risk and return in your long-term investment plan.1 • John Hancock also offers several proprietary asset- allocation portfolios — “funds of funds” known as our Lifestyle and Managed Volatility Portfolios — each containing a different allocation of assets suited to a specific investor profile, from aggressive to conservative.2 • Ask your life insurance representative or financial consultant for details about the Lifestyle and Managed Volatility Portfolios. Getting in and staying in Many investors wait for the most opportune time to invest. But a key to long-term financial success is not timing the market: it’s time in the market. Teaming up with John Hancock Since market and economic cycles can be unpredictable, it may be prudent for you to rely on the experience of John Hancock’s dedicated professionals. To help in your discussions with your insurance agent, see the following list of broad, diversified fund opportunities available within your variable life insurance policy. Page 3 of 9. Not valid without all pages. Your guide to investing Aggressive growth You want maximum growth over the long run and are comfortable with considerable risk in the short term. JHVIT portfolio name Asset management firm Emerging Markets Value Dimensional Fund Advisors Real Estate Securities DWS Investment Management Americas, Inc. International Small Company Dimensional Fund Advisors Small Cap Opportunities Invesco Advisers, Inc./Dimensional Fund Advisors International Equity Index SSgA Funds Management, Inc. Small Cap Index Manulife Investment Management (North America) Limited Science & Technology T. Rowe Price Associates, Inc./Allianz Global Investors U.S. LLC Financial Industries Manulife Investment Management (US) LLC Disciplined Value International Boston Partners American Global Growth Capital Research and Management Company3 Mid Cap Stock Wellington Management Company, LLP American International Capital Research and Management Company3 Small Cap Stock Wellington Management Company, LLP Fundamental All Cap Core Manulife Investment Management (US) LLC Health Sciences T. Rowe Price Associates, Inc. Growth Growth of your money is your main concern, but you prefer to limit your risk somewhat. JHVIT portfolio name Asset management firm Small Company Value T. Rowe Price Associates, Inc. Small Cap Value Wellington Management Company, LLP Mid Cap Index Manulife Investment Management (North America) Limited American Growth Capital Research and Management Company3 Mid Value T. Rowe Price Associates, Inc. Global Manulife Investment Management (US) LLC Blue Chip Growth T. Rowe Price Associates, Inc. Fundamental Large Cap Value Manulife Investment Management (US) LLC Total Stock Market Index Manulife Investment Management (North America) Limited Capital Appreciation Jennison Associates LLC Page 4 of 9. Not valid without all pages. Your guide to investing Growth & income Both growth and security are important to you and you want to pursue both in equal measure. JHVIT portfolio name Asset management firm Equity Income T. Rowe Price Associates, Inc. 500 Index Manulife Investment Management (North America) Limited American Growth-Income Capital Research and Management Company3 American Asset Allocation Capital Research and Management Company3 Capital Appreciation Value T. Rowe Price Associates, Inc. PIMCO VIT All Asset Portfolio Pacific Investment Management Company LLC Income You feel a strong need to protect your assets, while pursuing a modest level of growth. JHVIT portfolio name Asset management firm High Yield Western Asset Management Company Opportunistic Fixed Income Wellington Management Company, LLP Strategic Income Opportunities Manulife Investment Management (US) LLC Active Bond Manulife Investment Management (US) LLC Investment Quality Bond Wellington Management Company, LLP Core Bond Wells Capital Management, Inc. Total Bond Market Manulife Investment Management (US) LLC Select Bond Manulife Investment Management (US) LLC Short Term Government Income Manulife Investment Management (US) LLC Ultra Short Term Bond Manulife Investment Management (US) LLC Conservative Security is your greatest concern. You couldn’t sleep at night if your portfolio returns fluctuated greatly. JHVIT portfolio name Asset management firm Money Market4 Manulife Investment Management (US) LLC Page 5 of 9. Not valid without all pages. Your guide to investing Asset allocation portfolios Managed volatility portfolios JHVIT portfolio name Asset management firm Manulife Investment Management (US) LLC/ Managed Volatility Aggressive Manulife Investment Management (North America) Limited Manulife Investment Management (US) LLC/ Managed Volatility Growth Manulife Investment Management (North America) Limited Manulife Investment Management (US) LLC/ Managed Volatility Balanced Manulife Investment Management (North America) Limited Manulife Investment Management (US) LLC/ Managed Volatility Moderate Manulife Investment Management (North America) Limited Manulife Investment Management