GLP Launches $1.1 Billion Maiden Vietnam Logistics Development Fund

GLP is a leading global investment manager and
business builder in logistics, data infrastructure, renewable energy and
related technologies. Our combined investing and operating
expertise allow us to create value for our customers and investors. We operate
across Brazil, China, Europe, India, Japan, the U.S. and Vietnam and have more
than $120 billion in assets under management in real estate and private equity.

We are committed to a broad range of ESG commitments
that elevate our business, protect the interest of our shareholders and
investors, support our employees and customers and enhance our local
communities. Learn more at glp.com/global.

About SLP

SLP (SEA Logistic Partners) is an industrial and logistic
facility development and operation platform backed by GLP, the leading global
provider of modern logistics facilities and technology-led solutions.  We will create world-class industrial &
logistics infrastructure in Southeast Asia to support the growth of our
customers and the region’s economic development. Learn more at slpprop.com.

About APG

As the largest pension provider
in the Netherlands, APG looks after the pensions of 4.7 million participants.
APG provides executive consultancy, asset management, pension administration,
pension communication and employer services for pension funds and employers in
the sectors of education, government, construction, cleaning, housing
associations, sheltered employment organizations, medical specialists, and
architects. APG manages approximately €627 billion (November 2021) in pension
assets. With approximately 3,000 employees, APG has offices in Heerlen,
Amsterdam, Brussels, New York, Hong Kong, Shanghai, and Beijing. For more
information, please visit www.apg.nl.

About Manulife

Manulife Financial Corporation is a leading
international financial services provider that helps people make their
decisions easier and lives better. With our global headquarters in Toronto,
Canada, we provide financial advice and insurance, operating as Manulife across
Canada, Asia, and Europe, and primarily as John Hancock in the United States.
Through Manulife Investment Management, the global brand for our global wealth
and asset management segment, we serve individuals, institutions and retirement
plan members worldwide. At the end of 2020, we had more than 37,000 employees,
over 118,000 agents, and thousands of distribution partners, serving over 30
million customers. As of September 30, 2021, we had CAD$1.4 trillion (US$1.1
trillion) in assets under management and administration, and in the previous 12
months we made CAD$31.6 billion in payments to our customers. Our principal
operations are in Asia and Canada, and the United States, where we have served
customers for more than 155 years. We trade as ‘MFC’ on the Toronto, New York,
and the Philippine stock exchanges and under ‘945’ in Hong Kong. Not all
offerings are available in all jurisdictions. For additional information,
please visit manulife.com.

This press release is not an offer of securities for
sale or a solicitation of an offer to purchase securities. The information in
this press release may not contain, and you may not rely on this press release
as providing, all material information concerning the condition (financial or
other), earnings, business affairs, business prospects, properties or results
of operations of GLP or its subsidiaries. This release may contain
forward-looking statements that involve risks and uncertainties. Forward-looking
statements include statements regarding the intent, belief and current
expectations of GLP or its officers with respect to various matters. When used
in this press release, the words “expects,” “believes,”
“anticipates,” “plans,” “may,” “will,”
“should,” “intends,““foresees,“ “estimates,“ “projects,“ and similar
expressions, and the negatives thereof, are intended to identify
forward-looking statements. Similarly, statements that describe objectives,
plans or goals also are forward-looking statements. Actual future performance,
outcomes and results may differ materially from those expressed in
forward-looking statements as a result of a number of risks, uncertainties and
assumptions. Representative examples of these factors include (without
limitation) general industry and economic conditions, interest rate trends,
cost of capital and capital availability, availability of real estate
properties, competition from other companies and venues for the
sale/distribution of goods and services, shifts in customer demands, customers
and partners, changes in operating expenses, including employee wages, benefits
and training, governmental and public policy changes, and the continued
availability of financing in the amounts and the terms necessary to support
future business. You are cautioned not to place undue reliance on these
forward-looking statements, which are based on the current view of management
on future events and speak only as of the date of this press release. GLP does
not undertake to revise forward-looking statements to reflect future events or
circumstances. No assurance can be given that future events will occur, that
projections will be achieved, or that GLP’s assumptions are correct.

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