Recent Updates — BKFSF

Brookfield Corporation received Toronto Stock Exchange approval to renew its normal course issuer bid for preferred shares, authorizing repurchases of up to 10% of the public float for each listed series from August 24, 2026, through August 23, 2027. The company intends to implement an automatic share purchase plan around September 21, 2026, to facilitate acquisitions during internal trading blackouts or restricted periods. Under the current bid expiring August 21, 2026, Brookfield purchased 251,500 Series 51 shares at a weighted average price of C$17.86 and 23,300 Series 52 shares at C$17.55. All acquired preferred shares will be cancelled to align with the firm's capital allocation strategies. Brookfield Corporation is a leading global investment firm focused on building long-term wealth through asset management, wealth solutions, and operating businesses in infrastructure, energy, private equity, and real estate.

Brookfield Corporation filed a Form 6-K incorporating by reference its Unaudited Interim Consolidated Financial Statements and Management's Discussion and Analysis for the quarter ended June 30, 2026. The company reported total revenues of $19.4 billion and net income attributable to shareholders of $364 million for the second quarter. Distributable earnings per share were $0.66, compared to $0.59 in the prior year period. Brookfield is a global alternative asset manager that invests in real assets including infrastructure, renewable power, private equity, and real estate.

Brookfield Corporation reported a 15% increase in distributable earnings per share for the quarter ended June 30, 2026, reaching $0.61 before realizations and $0.66 including realizations. The company raised a record $77 billion in capital during the quarter, bringing total deployable capital to $210 billion. Strategic milestones included completing the acquisitions of Oaktree and Just Group, which added $45 billion in insurance assets, and shareholder approval of a corporate simplification transaction. Asset management fee-related earnings grew 20% year-over-year, while wealth solutions earnings increased 23%. The Board declared a quarterly cash dividend of $0.07 per share, payable on September 29, 2026 to shareholders of record as of September 14, 2026. Brookfield Corporation is a global investment firm operating in asset management, wealth solutions, and real assets including infrastructure, energy, private equity, and real estate.

Brookfield Corporation completed its acquisition of Oaktree on August 3, 2026, fully integrating the premier credit manager into its platform following a partnership initiated in 2019. The transaction strengthens Brookfield's $365 billion global credit platform by combining Oaktree’s cycle-tested expertise with Brookfield’s scale. Howard Marks and Bruce Karsh will serve as Co-Chairs of Oaktree while retaining their respective roles at Brookfield. This acquisition positions the U.S. as Brookfield Asset Management’s largest market, accounting for over 60% of its employee base and nearly half of its revenue, while expanding its global reach to 18 countries. Brookfield Corporation is a leading global investment firm managing more than $1 trillion in assets across infrastructure, energy, private equity, real estate, and credit.