Kai Sotorp and Scott Hartz Named To Hancock Natural Resource Group Board of Directors

BOSTON (October 31, 2016)—Kai Sotorp and Scott Hartz have been named as a new members of the Hancock Natural Resource Group Board of Directors, Board Chairman Dan Christensen said today.

The appointments of Mr. Sotorp, President and CEO of Manulife Asset Management and Executive Vice President, Global Head of Wealth and Asset Management for Manulife Financial, and Mr. Hartz, Executive Vice President of General Account Investments for Manulife Financial, are effective immediately.

“We’re very pleased to have Kai and Scott to join our board,” Mr. Christensen said. “Their extensive background and business experience will be a tremendous asset to our business.”

In addition to his role as head of Manulife Asset Management and Executive Vice President, Global Head of Wealth and Asset Management, Mr. Sotorp is a member of the company’s Executive Committee and Management Committee. He is responsible for growing and developing the Company’s wealth and asset management operations globally. Mr. Sotorp, who joined Manulife in 2014, has more than 25 years of international financial services and asset management experience. Previously he worked at UBS Global Asset Management as Chief Executive Officer, Asia Pacific. He was also UBS Group Managing Director and a member of UBS Global Asset Management’s Executive Committee. Based in Hong Kong, he oversaw US$120 billion in assets under management and 495 employees. He holds an MBA from Harvard Business School and a B.S. in Business Administration from Boston University.

Mr. Hartz oversees all of Manulife’s U.S., Canadian and Asian general account investments, with total assets exceeding C$231 billion as of June 30, 2016. Mr. Hartz is also the Chief Investment Officer for John Hancock Life Insurance Company, a wholly owned subsidiary of Manulife. Manulife’s portfolio is composed of roughly 90% fixed income investments and 10% non-fixed income investments. A hallmark of the investment group which Mr. Hartz leads is its expertise in private asset classes. Within fixed income, the group underwrites and originates private placement debt and commercial and agricultural mortgages. Within non-fixed income, the group originates and manages commercial real estate, timber, agriculture, renewable energy and other infrastructure, oil & gas, private equity, and mezzanine investments. Before Manulife acquired John Hancock in 2004, Mr. Hartz had been Lead Portfolio Manager for Hancock’s General Account since 1998. Mr. Hartz joined Hancock in 1983 after graduating from Colby College with a B.A. in Physics and Economics. He is a Chartered Financial Analyst and a Fellow of the Society of Actuaries.

In addition to Mr. Sotorp, Mr. Hartz and Mr. Christensen, the other board members are Warren Thomson, Senior Executive Vice President and Chief Investment Officer, Manulife and Chairman, Manulife Asset Management; Kevin Adolphe, President and Chief Executive Officer, Manulife Real Estate and President and Chief Executive Officer, Manulife Asset Management Private Markets; Bill Peressini, President and Chief Executive Officer, Hancock Natural Resource Group; Bruce McKnight, retired Chief Operations Officer, Hancock Timber Resource Group; Bill Eeuwes, retired Senior Vice President and Global Head of Private Equity, Manulife and Cynthia Steer, former Executive Vice President and Head of Manager Research and Investment Solutions at The Bank of New York Mellon.

About the Hancock Natural Resource Group

The Hancock Natural Resource Group, Inc., is a registered investment adviser and wholly owned subsidiary of Manulife Financial Corporation. HNRG is comprised of three operating divisions; Hancock Timber Resource Group (HTRG), Hancock Agricultural Investment Group (HAIG) and Hancock Renewable Energy Group (HREG). As of June 30, 2016, combined assets under management totaled approximately $14.4 billion.