Brookfield Corporation Announces Results of Annual and Special Meeting of Shareholders

Rhea-AI Summary

Brookfield Corporation (NYSE: BN, TSX: BN) announced the results of its Annual and Special Meeting of Shareholders held virtually on June 6, 2025. All sixteen nominated directors were successfully elected to the board, with eight nominees elected by Class A Limited Voting Shares holders and eight by Class B Limited Voting Shares holders. Among Class A Share nominees, Satish C. Rai received the highest approval rate at 99.77%, while Justin B. Beber received the lowest at 74.14%. All Class B Share nominees, including notable figures like Howard S. Marks and Bruce Flatt, received 100% approval from the single Class B shareholder voting all 85,120 shares.

BROOKFIELD, NEWS, June 06, 2025 (GLOBE NEWSWIRE) -- Brookfield Corporation (“Brookfield”) (NYSE: BN, TSX: BN) today announced that all eight nominees proposed for election to the board of directors by holders of Class A Limited Voting Shares (“Class A Shares”) and all eight nominees proposed for election to the board of directors by the holder of Class B Limited Voting Shares (“Class B Shares”) were elected at the company’s Annual and Special Meeting of Shareholders held on June 6, 2025 in a virtual meeting format. Detailed results of the vote for the election of directors are set out below.

Management received the following proxies from holders of Class A Shares in regard to the election of the eight directors nominated by this shareholder class:

Director Nominee	Votes For	%	Votes Withheld	%
M. Elyse Allan	1,115,730,515	99.34	7,447,479	0.66
Janice Fukakusa	1,105,417,333	98.42	17,760,661	1.58
Maureen Kempston Darkes	1,098,031,177	97.76	25,146,817	2.24
Frank J. McKenna	1,039,694,592	92.57	83,483,402	7.43
Hutham S. Olayan	1,107,930,924	98.64	15,247,070	1.36
Satish C. Rai	1,120,574,949	99.77	2,603,045	0.23
Diana L. Taylor	1,066,550,620	94.96	56,627,374	5.04
Justin B. Beber	832,746,877	74.14	290,431,117	25.86

Management received a proxy from the holder of Class B Shares to vote all 85,120 Class B Shares for each of the eight directors nominated by this shareholder class:

Director Nominee	Votes For %
Howard S. Marks	100.0
Rafael Miranda	100.0
Lord O’Donnell	100.0
Jeffrey M. Blidner	100.0
Jack L. Cockwell	100.0
Bruce Flatt	100.0
Brian D. Lawson	100.0
Samuel J.B. Pollock	100.0

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 SEDAR+ at www.sedarplus.ca.

About Brookfield Corporation

Brookfield Corporation is a leading global investment firm focused on building long-term wealth for institutions and individuals around the world. We have three core businesses: Alternative Asset Management, Wealth Solutions, and our Operating Businesses which are in renewable power, infrastructure, business and industrial services, and real estate.

We have a track record of delivering 15%+ annualized returns to shareholders for over 30 years, supported by our unrivaled investment and operational experience. Our conservatively managed balance sheet, extensive operational experience, and global sourcing networks allow us to consistently access unique opportunities. At the center of our success is the Brookfield Ecosystem, which is based on the fundamental principle that each group within Brookfield benefits from being part of the broader organization. Brookfield Corporation is publicly traded in New York and Toronto (NYSE: BN, TSX: BN).

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

Media	Investor Relations
Kerrie McHugh	Katie Battaglia
Tel: (212) 618-3469	Tel: (416) 359-8544
Email: kerrie.mchugh@brookfield.com	Email: katie.battaglia@brookfield.com

FAQ

Who were the most and least supported directors in Brookfield's (BN) 2025 board election?

Satish C. Rai received the highest support with 99.77% of votes, while Justin B. Beber received the lowest with 74.14% among Class A Share nominees.

How many directors were elected to Brookfield's (BN) board in 2025?

A total of 16 directors were elected, with eight nominated by Class A Limited Voting Shares holders and eight by Class B Limited Voting Shares holders.

What was the voting structure for Brookfield's (BN) 2025 board election?

The election had two voting classes: Class A Limited Voting Shares holders voted for eight nominees, while a single Class B shareholder voted all 85,120 shares for their eight nominees.

How did Class B Share nominees perform in Brookfield's (BN) 2025 board election?

All eight Class B Share nominees, including Howard S. Marks and Bruce Flatt, received 100% approval from the single Class B shareholder.