John Hancock Variable Trust Advisers LLC

Item 5 – Fees and Compensation
Advisory and sub-advisory fees charged to each of the Funds are based on a percentage of
assets under management, and are paid daily to John Hancock Variable Trust Advisers by each
Fund. The advisory fees charged by John Hancock Variable Trust Advisers to the Funds in the
Trust range from 0.34% to 1.05% of assets under management. Sub- advisory fees are calculated
daily and paid monthly to the Sub-Adviser of each Fund. Sub-advisory fees are negotiated at arm’s
length. In addition, JHVIT may benefit from a complex-wide fee waiver that is triggered by
reaching certain asset levels. The advisory fees, as well as further information regarding the
calculation and payment of such fees, are set forth in the currently effective registration statement
of each JHVIT fund.

The JHVIT funds typically pay John Hancock Variable Trust Advisers to provide administrative and
legal services to the JHVIT funds based on the cost of providing such services (including an
allocation of overhead). In addition to advisory fees and administrative fees charged by John
Hancock Variable Trust Advisers, the JHVIT funds pay other expenses such as qualified custodian
fees, external auditor fees and transfer agency fees.

Compensation from Affiliated Entities

As a manager of managers, John Hancock Variable Trust Advisers retains, supervises, and
compensates Sub-Advisers to manage the assets of the investment portfolios of the JHVIT funds.
In this capacity, John Hancock Variable Trust Advisers may perform research and due diligence
on affiliated investment advisers as well as non-affiliated investment advisers. When John
Hancock Variable Trust Advisers selects an affiliated investment adviser as a Sub-Adviser to a
Fund, management fees paid to the Sub-Adviser flow indirectly to John Hancock Variable Trust
Advisers' parent companies. These fees are in addition to the advisory fees paid to John Hancock
Variable Trust Advisers. Likewise, when a Fund that is a Fund of Funds invests in other JHVIT
funds, fees and other compensation flow directly or indirectly to John Hancock Variable Trust
Advisers and its affiliates in the form of additional management fees and administrative fees.
Broker-dealers and insurance companies affiliated with John Hancock Variable Trust Advisers
also receive 12b-1 fees and/or shareholder servicing fees based on the amount of assets
invested in share classes of the funds that provide for such fees.

In addition, several JHVIT funds invest collateral from securities lending activities in John
Hancock Collateral Trust (the “Collateral Trust”) advised by John Hancock Investment
Management LLC and subadvised by Manulife Investment Management (US), an affiliate of John
Hancock Variable Trust Advisers. Manulife Investment Management (US) receives subadvisory
fees for managing the Collateral Trust. The amount of fees and other compensation paid by the
JHVIT funds to John Hancock Variable Trust Advisers and its affiliates varies, and is described in
the prospectus of each JHVIT fund.

Also, several JHVIT funds subadvised by Manulife Investment Management (US) and Manulife
Investment Management (North America) Limited, may sweep excess overnight cash into the
Collateral Trust.

In addition, John Hancock Variable Trust Advisers personnel may be invested personally in the
JHVIT funds through the purchase of variable insurance contracts.

In light of these circumstances, John Hancock Variable Trust Advisers has a conflict of interest to

the extent it has an incentive to provide more favorable research and analysis with respect to
affiliated investment managers based on the fact that John Hancock Variable Trust Advisers and
its affiliates will receive compensation or other benefits if affiliated investment managers are
selected as Sub-Advisers for the JHVIT funds. These conflicts are described in Item 10 – Other
Financial Industry Activities and Affiliations. In recommending Sub-Advisers for the JHVIT funds,
John Hancock Variable Trust Advisers endeavors to utilize its best independent judgment as part
of its overall evaluation process described above.

Item 7 – Types of Clients
John Hancock Variable Trust Advisers provides discretionary investment advisory services as a
“manager of managers” to the JHVIT funds.