SCHEDULE 14A

(RULE 14a-101)

INFORMATION REQUIRED IN PROXY STATEMENT

SCHEDULE 14A INFORMATION

Proxy Statement Pursuant to Section 14(a) of the

Securities Exchange Act of 1934

(Amendment No.  )

 

 

 

Filed by the Registrant ☒    Filed by Party other than the Registrant ☐   

Check the appropriate box:

 

Preliminary Proxy Statement

 

Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2))

 

Definitive Proxy Statement

 

Definitive Additional Materials

 

Soliciting Material Pursuant to §240.14a-12

JOHN HANCOCK VARIABLE INSURANCE TRUST

(Name of Registrant as Specified in Its Charter)

Payment of Filing Fee (Check the appropriate box):

 

   No fee required.
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   (3)    Per unit price or other underlying value of transaction computed pursuant to Exchange Act Rule 0-11
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      Check box if any part of the fee is offset as provided by Exchange Act Rule 0-11(a)(2) and identify the filing for which the offsetting fee was paid previously. Identify the previous filing by registration statement number, or the Form or Schedule and the date of its filing.
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JOHN HANCOCK VARIABLE INSURANCE TRUST

200 Berkeley Street

Boston, Massachusetts 02116

July 8, 2025

Dear Variable Annuity and Variable Life Contract Owners:

Shareholders of U.S. Growth Trust (the “Fund”), a series of John Hancock Variable Insurance Trust (the “Trust”), are being asked to approve a change to the Fund’s diversification status. In order for shareholders of the Fund to consider and vote on the proposal, a special meeting of shareholders (the “Meeting”) will be held on August 26, 2025 at 2 p.m., Eastern Time at 200 Berkeley Street, Boston, Massachusetts 02116. We encourage you to read the attached materials in their entirety.

Approve greater flexibility in the Fund’s investment management

We are asking shareholders to approve changing the Fund’s diversification status from diversified to non-diversified. We believe that the Fund and its shareholders may benefit if the Fund is operated as a “non-diversified” fund. As a diversified fund, the Fund may not with respect to 75% of its total assets invest more than 5% of its total assets (taken at current value) in the securities of any one issuer, or invest in more than 10% of the outstanding voting securities of any one issuer (with certain exceptions). The Board of Trustees of the Trust (the “Board”) recently approved changing the subadvisor for the Fund from Jennison Associates LLC (“Jennison”) to Wellington Management Company LLP (“Wellington”), which became effective May 28, 2025. In connection with the change in subadvisor, the Board approved changes to the investment strategy of the Fund. The proposed change in diversification status is being proposed in connection with such changes. The proposed change would allow the Fund’s portfolio manager to more effectively implement the Fund’s investment strategy by allowing him to invest in issuers beyond the above mentioned 5% and 10% limits. We recommended this change to the Board, and they unanimously agreed that a change in diversification status was in the best interests of shareholders.

The Board concluded that the proposed change to the diversification status is appropriate and will benefit the Fund and its shareholders. If approved by the Fund’s shareholders, the change to the Fund’s diversification status will become effective when the Fund’s registration statement is revised or supplemented to reflect the change. Assuming that the proposed change is approved at the Meeting, the Fund expects to file a revision or supplement to its registration statement on or after August 26, 2025. If the proposed change is not approved by the Fund’s shareholders, the current fundamental investment restriction regarding diversification will remain in effect and the fund will continue to be managed as a diversified fund.

Shareholders of the Fund are being asked to vote on and approve the update to the Fund’s diversification status.

Although you are not a shareholder of the Trust, your purchase payments and the earnings on such purchase payments under your variable annuity or variable life


contracts issued by John Hancock Life Insurance Company (U.S.A.) (“John Hancock (U.S.A.)”) and John Hancock Life Insurance Company of New York (“John Hancock New York”) are invested in subaccounts of separate accounts established by these companies that are registered under the Investment Company Act of 1940 (“Registered Separate Accounts”), and each subaccount invests in shares of one or more series of the Trust. You have the right to instruct these insurance companies, as appropriate, how the shares of the Trust attributable to your contract are voted. The number of votes for which you may give instructions is determined as of June 27, 2025, the record date for the Meeting (the “Record Date”).

* * *

Enclosed you will find a Notice of Special Meeting of Shareholders, a Proxy Statement for the Trust and a Voting Instructions Form with respect to your contract values invested in the Fund as of the Record Date. The Proxy Statement provides background information and describes in detail the proposal to be voted on at the Meeting.

The Board unanimously approved the proposal and recommends that you give voting instructions “FOR” the Proposal.

In order for shares to be voted at the Meeting based on your instructions, we urge you to read the Proxy Statement and then complete and mail your Voting Instructions Form in the attached postage-paid envelope, allowing sufficient time for its receipt by the close of business on August 25, 2025. To give voting instructions by touch-tone telephone or via the Internet, follow the instructions on the Voting Instructions Form.

If you have any questions regarding the Meeting, please call one of the following numbers:

 

  —For John Hancock (U.S.A.)   
  variable annuity contracts:    800-344-1029
  —For John Hancock (U.S.A.)   
  variable life contracts:    800-732-5543
  —For John Hancock New York   
  variable annuity contracts:    800-551-2078
  —For John Hancock New York   
  variable life contracts:    800-732-5543

 

Sincerely,
/s/ Christopher Sechler
Christopher Sechler
Secretary
John Hancock Variable Insurance Trust


JOHN HANCOCK VARIABLE INSURANCE TRUST

200 Berkeley Street

Boston, Massachusetts 02116

NOTICE OF SPECIAL MEETING OF SHAREHOLDERS

OF U.S. GROWTH TRUST

To the Shareholders of U.S. Growth Trust:

Notice is hereby given that a special meeting of shareholders (the “Meeting”) of U.S. Growth Trust (the “Fund”), a series of John Hancock Variable Insurance Trust (the “Trust”), will be held on August 26, 2025 at 2 p.m., Eastern Time at 200 Berkeley Street, Boston, Massachusetts 02116.

Access to the Meeting is limited to variable insurance and annuity contract owners who are authorized to give voting instructions to shareholders and to representatives of the insurance company separate accounts that own shares of the Fund.

A Proxy Statement, which provides information about the Meeting is included with this notice. The Meeting will be held for the following purpose:

 

Proposal:

To change the diversification status of the Fund from “diversified” to “non-diversified.”

Any other business that may properly come before the Meeting or any adjournment of the Meeting.

The Board of Trustees of the Trust recommends that you vote “FOR” the Proposal.

Each variable insurance and annuity contract owner eligible to give voting instructions and shareholder of record at the close of business on June 27, 2025 is entitled to receive notice of and to vote at the Meeting and at any adjournment thereof.

Whether or not you expect to attend the Meeting, please complete and return the enclosed proxy card in the accompanying envelope. No postage is necessary if mailed in the United States. If variable insurance and annuity contract owners eligible to give voting instructions and shareholders do not return their proxies in sufficient numbers, it may result in the need for additional shareholder solicitation efforts.

 

Sincerely,
/s/ Christopher Sechler
Christopher Sechler
Secretary
John Hancock Variable Insurance Trust
July 8, 2025
Boston, Massachusetts


JOHN HANCOCK VARIABLE INSURANCE TRUST

200 Berkeley Street

Boston, Massachusetts 02116

PROXY STATEMENT

SPECIAL MEETING OF SHAREHOLDERS OF

U.S. GROWTH TRUST

TO BE HELD ON AUGUST 26, 2025

INTRODUCTION

This Proxy Statement is being furnished in connection with the solicitation by the Board of Trustees (the “Board” or “Trustees”) of John Hancock Variable Insurance Trust (the “Trust”) of proxies to be used at a special meeting of shareholders of U.S. Growth Trust (the “Fund”) to be held on August 26, 2025 at 2 p.m., Eastern Time (the “Meeting”) for purposes of voting on the proposal summarized below. Pursuant to the Trust’s Agreement and Declaration of Trust (the “Declaration of Trust”), the Board has designated June 27, 2025 as the record date for determining shareholders eligible to vote at the Meeting (the “Record Date”). All shareholders of record of the Fund at the close of business on June 27, 2025 are entitled to one vote for each share (and fractional votes for fractional shares) of beneficial interest held. This Proxy Statement is first being sent to variable insurance and annuity contract owners eligible to give voting instructions and shareholders on or about July 8, 2025.

The Trust. The Trust is an open-end investment company registered under the Investment Company Act of 1940, as amended (the “1940 Act”). As of April 29, 2025, the Trust offered 50 separate series. The Trust does not sell its shares directly to the public but generally only to affiliated insurance companies and their separate accounts as the underlying investment media for variable annuity and variable life insurance contracts (“variable contracts”), certain entities affiliated with the insurance companies, as permitted by applicable law, and other series of the Trust that operate as funds of funds (“Funds of Funds”). Shares of the Trust also may be sold to unaffiliated insurance companies and their separate accounts and certain qualified pension and retirement plans.

Investment Management. John Hancock Variable Trust Advisers LLC (the “Advisor”), located at 200 Berkeley Street, Boston, Massachusetts 02116, serves as investment advisor and administrator to the Trust pursuant to an Amended and Restated Advisory Agreement with the Trust (the “Advisory Agreement”), dated June 30, 2020. Under the Advisory Agreement, the Advisor is responsible for, among other things, administering the business and affairs of each series and selecting, contracting with, compensating and monitoring the investment subadvisors that manage the assets of the series pursuant to subadvisory agreements. Wellington Management Company LLP (the “Subadvisor” or “Wellington”), 280 Congress Street, Boston, MA 02210 serves as the Fund’s subadvisor.

 

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The Distributor. John Hancock Distributors, LLC, located at 200 Berkeley Street, Boston, Massachusetts 02116, serves as the distributor to the Trust.

Proposal. Shareholders of the Fund are being asked to approve a change to the Fund’s diversification status from “diversified” to “non-diversified.”

SHAREHOLDERS AND VOTING INFORMATION

Shareholders of the Trust

The Trust does not sell its shares directly to the public but generally only to insurance companies and their separate accounts as the underlying investment media for contracts issued by such companies, and certain entities affiliated with the insurance companies and the Funds of Funds that invest in other Trust funds. Shares of the Trust are sold principally to John Hancock Life Insurance Company (U.S.A.) (“John Hancock (U.S.A.)”) and John Hancock Life Insurance Company of New York (“John Hancock New York”). Each of John Hancock (U.S.A.), John Hancock New York and John Hancock Distributors, LLC, (“JH Distributors”), is an indirect wholly-owned subsidiary of The Manufacturers Life Insurance Company (“Manulife”), a Canadian stock life insurance company. The ultimate parent entity of each such insurance company and of JH Distributors is Manulife Financial Corporation (“MFC”), the holding company of Manulife and its subsidiaries, collectively known as Manulife Financial. The principal offices of Manulife Financial are located at 200 Bloor Street East, Toronto, Ontario, Canada M4W 1E5.

As of the Record Date, shares of the Fund were legally owned by John Hancock (U.S.A.) and John Hancock New York (collectively, the “Insurance Companies”). Each of the Insurance Companies holds shares of the Trust directly and/or attributable to contracts in their separate accounts. Such separate accounts include separate accounts registered under the 1940 Act (“Registered Separate Accounts”) as well as unregistered separate accounts. An Insurance Company may legally own in the aggregate more than 25% of the shares of a series of the Trust. For purposes of the 1940 Act, any person who owns “beneficially” more than 25% of the outstanding shares of a fund is presumed to “control” the fund. Shares are generally deemed to be beneficially owned by a person who has the power to vote or dispose of the shares. An Insurance Company has no power to exercise any discretion in voting or disposing of any of the shares that it legally owns, except that it may have the power to dispose of shares that it holds directly. Consequently, an Insurance Company would be presumed to control a series of the Trust only if it holds directly for its own account, and has the power to dispose of, more than 25% of the shares of such series. John Hancock (U.S.A.) is a stock life insurance company existing under the laws of Michigan and having its principal address at 200 Bloor Street East, Toronto, Ontario, Canada M4W 1E5. John Hancock New York is a stock life insurance company organized under the laws of New York and having its principal address at 100 Summit Lake Drive, Second Floor, Valhalla, New York 10595.

 

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Although you are not a shareholder of the Trust, your purchase payments and the earnings on such purchase payments under your variable annuity or variable life contracts issued by John Hancock (U.S.A.) and John Hancock New York are invested in subaccounts of Registered Separate Accounts, and each subaccount invests in shares of one or more series of the Trust. You have the right to instruct these insurance companies, as appropriate, how the shares of the Trust attributable to your contract are voted. The number of votes for which you may give instructions is determined as of the Record Date.

Voting Procedures

The number of votes eligible to be cast at the Meeting with respect to the Fund, the percentage ownership of the outstanding shares of the Fund by each of the Insurance Companies and other share ownership information, as of the Record Date, are set forth in Appendix A (“Outstanding Shares and Share Ownership”) to this Proxy Statement.

The Trust will furnish, without charge, a copy of the Trust’s most recent annual report and semi-annual report to any shareholder or owner of variable contracts (“contract owner”) upon request. To obtain a report, please contact the Trust by calling 800-732-5543 for Variable Life contracts or 800-344-1029 for Variable Annuities contracts, or by writing to the Trust at 200 Berkeley Street, Boston, Massachusetts 02116, Attn.: Treasurer.

Proxies may be revoked at any time prior to the voting of the shares represented thereby by: (i) mailing written instructions addressed to the Secretary of the Trust at 200 Berkeley Street, Boston, Massachusetts 02116; (ii) signing and returning a new proxy, in each case if received by the Trust by the close of business on August 25, 2025; or (iii) attending the Meeting and voting shares. All valid proxies will be voted in accordance with the specifications thereon, or in the absence of specifications, for approval of a Proposal. Instructions from contract owners may be revoked by: (i) mailing written instructions addressed to the Secretary of Trust at 200 Berkeley Street, Boston, Massachusetts 02116; or (ii) signing and returning a new voting instructions form, in each case if received by the Trust by the close of business on August 25, 2025.

Quorum; Definition of a Majority of Outstanding Voting Securities. Shareholders of record at the close of business on June 27, 2025, the Record Date, will be entitled to vote at the Meeting or any adjournment of the Meeting. The holders of 30% of the outstanding shares of the Fund at the close of business on that date present at the Meeting or by proxy will constitute a quorum for the Meeting. A Majority of the Outstanding Voting Securities (defined below) of the Fund is required to approve a

 

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Proposal. As used in this Proxy Statement, the vote of a “Majority of the Outstanding Voting Securities” means the affirmative vote of the lesser of:

 

  (1)

67% or more of the voting securities of the Fund, present at the Meeting, if the holders of more than 50% of the outstanding voting securities of the Fund are present at the Meeting or by proxy; or

 

  (2)

more than 50% of the outstanding voting securities of the Fund.

Shareholders are entitled to one vote for each share of Series I, Series II and Series NAV held and fractional votes for fractional shares held.

In the event the necessary quorum to transact business or the vote required to approve a Proposal is not obtained at the Meeting, the persons named as proxies may propose one or more adjournments of the Meeting with respect to one or more Proposals in accordance with applicable law to permit further solicitation of proxies. Any adjournment of the Meeting generally will require the affirmative vote of the holders of a majority of the shares of the Fund cast at the Meeting, and any adjournment with respect to a Proposal will require the affirmative vote of the holders of a majority of the shares entitled to vote on the Proposal cast at the Meeting. The persons named as proxies will vote for or against any adjournment in their discretion. Because shares held by contract owners participating in Registered Separate Accounts for which voting instructions are not timely received will nevertheless be voted in proportion to the timely instructions received from contract owners participating in such Registered Separate Accounts, all shares in Registered Separate Accounts will be voted at the Meeting. Because Registered Separate Accounts hold over 30% of the Fund’s shares, the presence of a quorum is assured.

Abstentions. Abstentions are counted as shares eligible to vote at the Meeting in determining whether a quorum is present but do not count as votes cast with respect to the Proposal. Under the 1940 Act, the affirmative vote necessary to approve a matter under consideration may be determined with reference to a percentage of votes present at the Meeting, which would have the effect of treating abstentions as if they were votes against the Proposal.

Cost of Preparation and Distribution of Proxy Materials. The cost of the preparation and distribution of these proxy materials will be borne entirely by the Fund. Contract owners investing in the Fund through the Registered Separate Accounts bear the Fund’s expenses such that in effect, such contract owners will pay the costs of preparing and distributing the proxy materials, which are estimated to be approximately $62,000. In addition to the solicitation of proxies by the use of the mails, proxies may be solicited by officers and employees of the Trust, the Advisor and its agents or affiliates, personally or by telephone.

Portfolio Voting. Shares of the Fund will be voted in the aggregate and not by class of shares with respect to the Proposal.

 

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Solicitation of Proxies and Voting Instructions

The Trust is soliciting proxies from the shareholders of the Fund, including the Insurance Companies, which have the right to vote upon matters that may be voted upon at a special shareholders’ meeting. The Insurance Companies will furnish this Proxy Statement to the owners of variable contracts participating in Registered Separate Accounts that hold shares of the Fund to be voted at the Meeting, and will solicit voting instructions from those contract owners.

Each Insurance Company will vote shares of the Fund held in its Registered Separate Accounts: (i) for which timely voting instructions are received from contract owners, in accordance with such instructions or if no instruction is made, “for” the Proposal; and (ii) for which no voting instructions are timely received, in the same proportion as the instructions received from contract owners participating in all its Registered Separate Accounts. The Insurance Companies will vote shares of the Fund held by them directly (i.e., not through a separate account) in the same proportion as the voting instructions timely received by the Insurance Companies from contract owners participating in all their Registered Separate Accounts. Similarly, in accordance with their proxy voting procedures, the Funds of Funds also will vote shares of the Fund in the same proportion as the voting instructions timely received by the Insurance Companies from contract owners participating in all their Registered Separate Accounts. The effect of proportional voting as described above is that a small number of contract owners can determine the outcome of the voting.

PROPOSAL — APPROVAL OF CHANGE TO THE FUND’S DIVERSIFICATION STATUS

Introduction

Shareholders of the Fund are being asked to approve a change to the Fund’s diversification status. The Advisor has recommended to the Board that this fundamental investment restriction be changed. At its in-person meeting held March 25-27, 2025, the Board, including the Trustees of the Trust who are not “interested persons” (as defined in the 1940 Act) of the Trust (the “Independent Trustees”) approved the proposed change, subject to shareholder approval.

Background

As a diversified fund under the Investment Company Act of 1940, as amended (the “1940 Act”), the Fund currently has a fundamental policy substantively the same as the following: that it may not with respect to 75% of its total assets invest more than 5% of its total assets (taken at current value) in the securities of any one issuer, or invest in more than 10% of the outstanding voting securities of any one issuer, except obligations issued or guaranteed by the U.S. Government, its agencies or instrumentalities and except securities of other investment companies. As a

 

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fundamental policy, any change to such policy requires shareholder approval. If the change in the Fund’s diversification status is approved by shareholders, the Fund will operate as a non-diversified fund. The risk of operating as a non-diversified fund is that a fund could have more concentrated ownership of certain issuers than if it was a diversified fund. Concentrated ownership of issuers may make the Fund more susceptible to economic, business, political or other factors affecting the issuers in which it invests. Accordingly, a non-diversified fund may involve more risk than a diversified fund. By changing the Fund’s status to be non-diversified, portfolio management will have more flexibility in managing the Fund’s investments as described herein.

Prior to May 28, 2025, the Fund was subadvised by Jennison Associates LLC (“Jennison”). At its in-person meeting held March 25-27, 2025, the Board, including the Independent Trustees, approved the following changes, all effective May 28, 2025:

 

   

Termination of the subadvisory agreement with Jennison;

 

   

A new subadvisory agreement with Wellington;

 

   

A decrease in management fees;

 

   

Changing the Fund’s diversification status to non-diversified;

 

   

Changes to the investment strategy of the Fund; and

 

   

Changing the Fund’s name from Capital Appreciation Trust to U.S. Growth Trust.

With the exception of the change in diversification status, none of the aforementioned changes required shareholder approval.

The change in diversification status is being proposed in connection with the other changes to the investment strategy of the Fund. The proposed change would allow the Fund’s portfolio manager to more effectively implement the Fund’s investment strategy, which may involve significant exposure to securities of companies in certain sectors, by allowing him to invest in issuers beyond the above mentioned 5% and 10% limits.

Proposal

The Board has concluded that the proposed change to the diversification status is appropriate and is in the best interest of the Fund and its shareholders. The Board unanimously recommends that shareholders of the Fund approve the proposed change.

If approved by the Fund’s shareholders, the change to the Fund’s diversification status will become effective when the Fund’s registration statement is revised or supplemented to reflect the change. Assuming that the proposed change is approved at

 

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the Meeting, the Fund expects to file a revision or supplement to its registration statement on or after August 26, 2025.

If the proposed change is not approved by the Fund’s shareholders, the current fundamental investment restriction regarding diversification will remain in effect and the Fund will continue to be managed as a diversified fund.

The following table sets forth the Fund’s current fundamental investment restriction regarding diversification and the proposed restriction.

 

Current Fundamental Restriction Regarding
Diversification

   

Proposed Fundamental Restriction Regarding
Diversification

The Fund has elected to be treated as a diversified investment company, as that term is used in the 1940 Act, as amended, and as interpreted or modified by regulatory authority having jurisdiction, from time to time.     The Fund has elected to be treated as a non-diversified investment company, as that term is used in the 1940 Act, as amended, and as interpreted or modified by regulatory authority having jurisdiction, from time to time.

Required Vote

Approval of the Proposal will require the affirmative vote of a Majority of the Outstanding Voting Securities of the Fund, as defined below.

In this Proxy Statement, the term “Majority of the Outstanding Voting Securities” of the Fund means the affirmative vote of the lesser of:

 

  (1)

67% or more of the voting securities of the Fund, present at the Meeting, if the holders of more than 50% of the outstanding voting securities of the Fund are present at the Meeting or by proxy; or

 

  (2)

more than 50% of the outstanding voting securities of the Fund.

Shareholders do not have appraisal rights in connection with the Proposal in this Proxy Statement.

THE BOARD, INCLUDING THE “INDEPENDENT TRUSTEES”, AND THE ADVISOR RECOMMEND THAT SHAREHOLDERS OF THE FUND VOTE “FOR” THE PROPOSAL.

OTHER MATTERS

The Board does not know of any matters to be presented at the Meeting other than those described in this Proxy Statement. If any other matters properly come before the Meeting, the shares represented by proxies will be voted in accordance with the best judgment of the person or persons voting the proxies.

 

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The Trust is not required to hold annual meetings of shareholders and, therefore, it cannot be determined when the next meeting of shareholders will be held. Shareholder proposals to be presented at any future meeting of shareholders of the Trust must be received by the Trust a reasonable time before the Trust’s solicitation of proxies for that meeting in order for such proposals to be considered for inclusion in the proxy materials related to that meeting.

BY ORDER OF THE BOARD OF TRUSTEES

July 8, 2025

Boston, Massachusetts

IT IS IMPORTANT THAT PROXIES BE RETURNED PROMPTLY. THEREFORE, SHAREHOLDERS WHO DO NOT EXPECT TO ATTEND THE MEETING ARE URGED TO COMPLETE, SIGN, DATE AND RETURN THE PROXY CARD IN THE ENCLOSED ENVELOPE.

 

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APPENDIX A - OUTSTANDING SHARES AND SHARE OWNERSHIP

Principal Holders. There were no principal holders of the shares of U.S. Growth Trust in addition to the Insurance Companies. Principal holders are those who own of record or are known by John Hancock Variable Insurance Trust (“JHVIT”) to own beneficially 5% or more of a series of a fund’s outstanding shares.

As of the Record Date, the number of votes eligible to be cast at the Meeting with respect to Series I, Series II, and Series NAV shares of U.S. Growth Trust, and the percentage ownership thereof by John Hancock Life Insurance Company (U.S.A.) and John Hancock Life Insurance Company of New York, and collectively by the Funds of Funds are set forth below:

 

                Percentage of Shares Held by  

Share Class

  Number of
Outstanding Shares
    Number of
Eligible Votes
    John Hancock
USA
    John Hancock
NY
    Funds of
Funds*
 

Series I

    35,221,169.401       35,221,169.401       93.26     6.74     N/A  

Series II

    13,253,818.994       13,253,818.994       85.08     14.92     N/A  

Series NAV

    60,044,931.070       60,044,931.070       98.97     1.03     N/A  

*Represents the aggregate percentage ownership of the Funds of Funds.

As of the Record Date, Trustees and officers of JHVIT, in the aggregate, beneficially owned less than 1% of the outstanding shares of any class of the Fund.

 

A-1


JOHN HANCOCK VARIABLE INSURANCE TRUST

200 BERKELEY STREET

BOSTON, MA 02116

 

   LOGO     

SCAN TO

VIEW MATERIALS & VOTE

 

LOGO

    

 

LOGO

 

 

To vote by Internet

 

1) Read the Proxy Statement and have the voting instruction card below at hand.

 

2) Go to website www.proxyvote.com or scan the QR Barcode above

 

3) Follow the instructions provided on the website.

 

    

LOGO

 

To vote by Telephone

 

1) Read the Proxy Statement and have the voting instruction card below at hand.

 

2) Call 1-800-690-6903

 

3) Follow the instructions.

 

    

LOGO

 

To vote by Mail

 

1) Read the Proxy Statement.

 

2) Check the appropriate box on the voting instruction card below.

 

3) Sign and date the voting instruction card.

 

4) Return the voting instruction card in the envelope provided.

 

TO VOTE, MARK BLOCKS BELOW IN BLUE OR BLACK INK AS FOLLOWS:

V76807-Z90763        KEEP THIS PORTION FOR YOUR RECORDS 

 

 

DETACH AND RETURN THIS PORTION ONLY 

 

 
 
                    
   
   

These voting instructions, if properly executed, will be voted in the manner directed by the contract owner. IF NO DIRECTION IS MADE, THESE VOTING INSTRUCTIONS WILL BE VOTED “FOR” THE PROPOSAL. Please refer to the Proxy Statement for a discussion of the proposal.

   For   Against   Abstain  
   

 

1.  To change the diversification of the Fund from “diversified” to “non-diversified.”

  

 

LOGO

 

 

LOGO

 

 

LOGO

 
                  
                  
                  
                  
                  
                  
   

If a contract is held jointly, each contract owner should sign. If only one signs his or her signature will be binding. If the contract owner is a corporation, the President or a Vice President should sign in his or her own name, indicating title. If the contract owner is a partnership, a partner should sign his or her own name, indicating that he or she is a “Partner.” If the contract owner is a trust, the trustee should sign in his or her own name, indicating that he or she is a “Trustee.”

 

       
                          
   

Signature [PLEASE SIGN WITHIN BOX]

 

 

Date

 

   

Signature (Joint Owners)

 

  

Date

 

     


 

Important Notice Regarding the Availability of Proxy Materials for the Special Meeting:

The Proxy Statement is available at www.proxyvote.com.

 

V76808-Z90763 

 

  

 

JOHN HANCOCK LIFE INSURANCE COMPANY (U.S.A.)

JOHN HANCOCK LIFE INSURANCE COMPANY OF NEW YORK

 

VOTING INSTRUCTIONS FORM

 

U.S. GROWTH TRUST

 

The undersigned hereby instructs John Hancock Life Insurance Company (U.S.A.) and John Hancock Life Insurance Company of New York to vote all shares of John Hancock Variable Insurance Trust attributable to his or her variable annuity or variable life contract at the Special Meeting of Shareholders to be held at 2:00 p.m., Eastern Time, August 26, 2025, and any adjournments thereof, as indicated below and in their discretion upon such other matters as may properly come before the Meeting.

 

Voting pursuant to these instructions will be as specified. If no specification is made as to an item on a properly executed Voting Instructions Form, voting will be for such item. This voting instructions form is provided for the shares of the above referenced fund attributable to your contract values as of June 27, 2025. Please sign, date, and return the voting instructions form in the enclosed postage-paid envelope.

 

VOTING INSTRUCTIONS MUST BE RECEIVED BY THE CLOSE OF BUSINESS ON AUGUST 25, 2025 TO BE VOTED AT THE MEETING TO BE HELD ON AUGUST 26, 2025.

 

THESE VOTING INSTRUCTIONS ARE SOLICITED BY JOHN HANCOCK LIFE INSURANCE COMPANY (U.S.A.) AND JOHN HANCOCK LIFE INSURANCE COMPANY OF NEW YORK IN CONNECTION WITH THE SOLICITATION OF PROXIES BY THE BOARD OF TRUSTEES OF JOHN HANCOCK VARIABLE INSURANCE TRUST.

 

PLEASE SIGN AND DATE ON THE REVERSE SIDE