JOHN HANCOCK CLOSED-END FUNDS ANNOUNCE ANNUAL SHAREHOLDER MEETING AND RECORD DATES

BOSTON, Sept. 22, 2022

The Annual Meeting will be conducted telephonically and there will be no physical location for the Meeting. To participate in the meeting, you must email shareholdermeetings@computershare.com no later than 5:00 p.m. Eastern Time on February 15, 2023, and provide your full name and address. You will then receive an email from Computershare Shareowner Services, LLC ("Computershare"), the funds' transfer agent, containing the conference call dial-in information and instructions for participating in the Annual Meeting.

If you hold your shares through an intermediary, such as a bank or broker, you must register in advance to attend the Annual Meeting. To register, you must submit proof of your proxy power (legal proxy) reflecting your fund holdings along with your name and email address to Computershare. You may forward an email from your intermediary or attach an image of your legal proxy to shareholdermeetings@computershare.com. Requests for registration must be received no later than 5:00 p.m. Eastern Time on February 15, 2023. You will then receive an email from Computershare containing the conference call dial-in information and instructions for participating in the Annual Meeting:

• John Hancock Financial Opportunities Fund (NYSE: BTO)
• John Hancock Hedged Equity & Income Fund (NYSE: HEQ)
• John Hancock Income Securities Trust (NYSE: JHS)
• John Hancock Investors Trust (NYSE: JHI)
• John Hancock Preferred Income Fund (NYSE: HPI)
• John Hancock Preferred Income Fund II (NYSE: HPF)
• John Hancock Preferred Income Fund III (NYSE: HPS)
• John Hancock Premium Dividend Fund (NYSE: PDT)
• John Hancock Tax-Advantaged Dividend Income Fund (NYSE: HTD)
• John Hancock Tax-Advantaged Global Shareholder Yield Fund (NYSE: HTY)

Shareholders of record of each fund as of the close of business on November 25, 2022 are entitled to notice of, and to vote at, the Annual Meeting and at any adjournment thereof. The notice for the Annual Meeting will be mailed to shareholders on or about December 28, 2022. At the Annual Meeting, shareholders of the funds will be asked to elect Trustees of the funds.

 Statements in this press release that are not historical facts are forward-looking statements as defined by the United States securities laws. You should exercise caution in interpreting and relying on forward-looking statements because they are subject to uncertainties and other factors which are, in some cases, beyond the Fund's control and could cause actual results to differ materially from those set forth in the forward-looking statements.

An investor should consider a Fund's investment objectives, risks, charges and expenses carefully before investing.

About John Hancock Investment Management
A company of Manulife Investment Management, we serve investors through a unique multimanager approach, complementing our extensive in-house capabilities with an unrivaled network of specialized asset managers, backed by some of the most rigorous investment oversight in the industry. The result is a diverse lineup of time-tested investments from a premier asset manager with a heritage of financial stewardship.