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Brookfield Corporation Announces Results of Annual and Special Meeting of Shareholders

BROOKFIELD, NEWS, June 07, 2024 (GLOBE NEWSWIRE) — In a recent virtual meeting, Brookfield Corporation (“Brookfield”) (NYSE: BN, TSX: BN) declared the election of all seven nominees proposed for the board of directors by holders of Class A Limited Voting Shares and all seven nominees proposed for the board of directors by the holder of Class B Limited Voting Shares. The detailed results of the vote for the election of directors have been disclosed.

Management received an overwhelming number of proxies from holders of Class A Shares in favor of the nominated directors. Each director received significant support:

– M. Elyse Allan: 1,204,951,009 votes for (99.68%) and 3,833,424 votes withheld (0.32%)
– Angela F. Braly: 1,204,095,996 votes for (99.61%) and 4,688,437 votes withheld (0.39%)
– Janice Fukakusa: 1,197,222,367 votes for (99.04%) and 11,562,066 votes withheld (0.96%)
– Maureen Kempston Darkes: 1,164,733,384 votes for (96.36%) and 44,051,049 votes withheld (3.64%)
– Frank J. McKenna: 1,111,121,620 votes for (91.92%) and 97,662,813 votes withheld (8.08%)
– Hutham S. Olayan: 1,199,961,831 votes for (99.27%) and 8,822,602 votes withheld (0.73%)
– Diana L. Taylor: 1,179,201,320 votes for (97.55%) and 29,583,113 votes withheld (2.45%)

Management also received a proxy from the holder of Class B Shares, voting all 85,120 Class B Shares for each of the seven directors nominated by this shareholder class, with 100% agreement.

The comprehensive summary of votes cast by holders of Class A and Class B Shares is available on SEDAR+ at www.sedarplus.ca.

Brookfield Corporation is a globally renowned investment firm focusing on long-term wealth creation for institutions and individuals worldwide. With core businesses in Alternative Asset Management, Wealth Solutions, and Operating Businesses spanning renewable power, infrastructure, business and industrial services, and real estate, Brookfield has a history of delivering exceptional annualized returns to shareholders for over 30 years.

For more information, please visit www.bn.brookfield.com or contact:
Media: Kerrie McHugh, Tel: (212) 618-3469, Email: kerrie.mchugh@brookfield.com
Investor Relations: Linda Northwood, Tel: (416) 359-8647, Email: linda.northwood@brookfield.com

Source: GlobeNewswire

*Keywords: Brookfield, Corporation, Shareholders, Board of Directors, Meeting, Voting Shares*