Brookfield Asset Management Announces Results of Annual Meeting of Shareholders

Brookfield Asset Management (NYSE: BAM) reported results from its annual and special meeting held May 7, 2026 in New York.

Rhea-AI Summary

Brookfield Asset Management (NYSE: BAM) reported results from its annual and special meeting held May 7, 2026 in New York. All 12 director nominees were elected. Vote tallies show each nominee received between 97.92% and 99.93% support, with withheld votes ranging up to 2.08%.

Positive

• All 12 board nominees elected at the May 7, 2026 meeting
• Highest individual vote support: Angela F. Braly and Keith Johnson at 99.93%
• All nominees received at least 97.92% of votes in favor

Negative

• Small but measurable withheld votes for several nominees (up to 2.08%)
• Two nominees received withheld vote rates above 1.8% (Bruce Karsh 1.80%, Cyrus Madon 2.08%)

Argus May 11 session

-1.67% close to close Open Argus

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News Market Reaction – BAM

On May 11, the first trading day after this news, BAM closed 1.67% below the previous close.

Data tracked by StockTitan Argus for the May 11 session.

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NEW YORK, May 08, 2026 (GLOBE NEWSWIRE) -- Brookfield Asset Management Ltd. (NYSE: BAM, TSX: BAM) today announced that all 12 nominees proposed for election to the board of directors by holders of Class A Limited Voting Shares (“Class A Shares”) and Class B Limited Voting Shares (“Class B Shares”) were elected at the company’s annual and special meeting of shareholders held on May 7, 2026 in New York, NY. Detailed results of the vote for the election of directors are set out below.

Management received the following proxies from holders of each of the Class A Shares and Class B Shares in regard to the election of the 12 directors nominated:

Director Nominee	Votes For	%	Votes Withheld	%
Barry Blattman	1,466,816,702	98.05	29,246,506	1.95
Angela F. Braly	1,494,995,659	99.93	1,067,549	0.07
Marcel R. Coutu	1,492,713,148	99.78	3,350,060	0.22
Scott Cutler	1,492,536,152	99.76	3,527,056	0.24
Bruce Flatt	1,470,142,580	98.27	25,920,628	1.73
Oliva (Liv) Garfield	1,472,271,618	98.41	23,791,590	1.59
Nili Gilbert	1,492,679,497	99.77	3,383,711	0.23
Keith Johnson	1,494,988,309	99.93	1,074,899	0.07
Bruce Karsh	1,469,193,155	98.20	26,870,053	1.80
Brian W. Kingston	1,467,042,784	98.06	29,020,424	1.94
Cyrus Madon	1,464,943,326	97.92	31,119,882	2.08
Diana Noble	1,492,698,060	99.78	3,365,148	0.22

A summary of all votes cast by holders of the Class A and Class B Shares represented at the company’s annual and special meeting of shareholders is available on EDGAR at www.sec.gov/edgar or on SEDAR+ at www.sedarplus.ca.

About Brookfield Asset Management

Brookfield Asset Management Ltd. (NYSE, TSX: BAM) is a leading global alternative asset manager, headquartered in New York, with over $1 trillion of assets under management across infrastructure, energy, private equity, real estate, and credit. We invest client capital for the long-term with a focus on real assets and essential service businesses that form the backbone of the global economy. We offer a range of alternative investment products to investors around the world — including public and private pension plans, endowments and foundations, sovereign wealth funds, financial institutions, insurance companies and private wealth investors. We draw on Brookfield’s heritage as an owner and operator to invest for value and generate strong returns for our clients, across economic cycles.

For more information, please visit our website at www.bam.brookfield.com or contact:

Media: Simon Maine Tel: (332) 298-0447 Email: simon.maine@brookfield.com

Investor Relations: Jason Fooks Tel: (866) 989-0311 Email: jason.fooks@brookfield.com

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

Who was elected to Brookfield Asset Management's board at the May 7, 2026 meeting (BAM)?

All 12 nominated directors were elected on May 7, 2026 with strong support. According to the company, vote percentages ranged from 97.92% to 99.93% for the elected nominees.

What were the top vote percentages for BAM director nominees on May 7, 2026?

The top reported vote percentages were 99.93% for two nominees. According to the company, Angela F. Braly and Keith Johnson each received 99.93% support.

Which BAM director nominee received the highest withheld vote percentage on May 7, 2026?

Cyrus Madon had the highest withheld percentage at 2.08%. According to the company, his vote tally was 97.92% for and 2.08% withheld.

Where can I find the full vote results for BAM's May 7, 2026 shareholder meeting?

Full vote tallies are publicly available on SEC EDGAR and SEDAR+. According to the company, detailed results for each nominee are posted at www.sec.gov/edgar and www.sedarplus.ca.

Did any Brookfield nominee fail to be elected at the May 7, 2026 meeting (BAM)?

No, every nominee was elected at the meeting. According to the company, all 12 proposed directors received majority support and were elected as reported on May 7, 2026.