JOHN HANCOCK INVESTORS TRUST Business Summary

John Hancock Investors Trust (JHI) is a diversified, closed-end management investment company that generates revenue primarily through interest income and dividends derived from a global portfolio of fixed-income securities. The Fund’s primary objective is to produce high current income for distribution to shareholders, with capital appreciation as a secondary goal. Its business model is centered on the active management of a leveraged portfolio, which as of early 2026 is heavily weighted toward corporate bonds (exceeding 130% of net assets due to leverage), supplemented by securitized debt and government obligations. JHI operates within the competitive closed-end fund (CEF) market, where it benchmarks its performance against the Bloomberg U.S. Aggregate Bond Index. Its primary direct competitors include the BlackRock Core Bond Trust (BHK), Western Asset Premier Bond Fund (WEA), and Barings Corporate Investors (MCI). Within this landscape, JHI distinguishes itself through its long-standing history since 1971 and its specific focus on high-yield and investment-grade corporate credit to drive premium distribution yields. Leadership of the Trust is provided by a seasoned executive team from John Hancock Investment Management, a subsidiary of Manulife Investment Management. Kristie M. Feinberg serves as the President and Chief Executive Officer, bringing extensive pedigree from previous roles as CFO of Manulife Investment Management and executive positions at Invesco and OppenheimerFunds. The financial operations are overseen by Fernando A. Silva (CFO and Principal Accounting Officer) and Salvatore Schiavone (Treasurer), while Christopher Sechler serves as Secretary and Chief Legal Officer. The investment strategy is executed by a specialized portfolio management team including Caryn E. Rothman, James Gearhart, and Jonas Grazulis. Governance is provided by an independent Board of Trustees chaired by Dr. Hassell H. McClellan, with notable members such as former Voya Investment Management CEO Christine L. Hurtsellers and former U.S. Treasury Chief Risk Officer Kenneth J. Phelan, ensuring rigorous oversight and strategic alignment with shareholder interests.