Brookfield Wealth Solutions Announces Results for Election of Directors

Rhea-AI Summary

Brookfield Wealth Solutions (NYSE, TSX: BNT) held its annual general and special meeting of shareholders virtually on June 10, 2025, where all proposed items were approved. All ten director nominees were successfully elected to the board. For Class A shares, five directors were elected with strong approval ratings: Dr. Soonyoung Chang (99.17%), William Cox (95.92%), Michele Coleman Mayes (98.96%), Lars Rodert (97.19%), and Anne Schaumburg (98.88%). For Class B shares, all 24,000 shares voted in favor of Barry Blattman, Gregory Morrison, Lori Pearson, Sachin Shah, and Jay Wintrob. Complete voting details will be available on EDGAR and SEDAR+.

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BROOKFIELD, NEWS, June 10, 2025 (GLOBE NEWSWIRE) -- Brookfield Wealth Solutions (NYSE, TSX: BNT) today announced the approval of all items of business at the company’s annual general and special meeting of shareholders. The meeting was held earlier today in a virtual meeting format.

All five nominees proposed for election to the board of directors by holders of class A exchangeable limited voting shares (“class A shares”) and all five nominees proposed for election to the board of directors by the holder of class B limited voting shares (“class B shares”) were elected. 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 five directors nominated for election by this shareholder class:

Director Nominee	Votes For	%	Votes Withheld	%
Dr. Soonyoung Chang	23,747,124	99.17	199,324	0.83
William Cox	22,970,300	95.92	976,149	4.08
Michele Coleman Mayes	23,696,733	98.96	249,716	1.04
Lars Rodert	23,273,435	97.19	673,014	2.81
Anne Schaumburg	23,678,628	98.88	267,820	1.12

Management received a proxy from the holder of class B shares to vote all 24,000 class B shares for each of the five directors nominated for election by this shareholder class, being Barry Blattman, Gregory Morrison, Lori Pearson, Sachin Shah and Jay Wintrob.

All other matters put forth at the meeting were approved by shareholder vote and a summary of all votes cast by shareholders represented at the company’s annual general and special meeting of shareholders will be available electronically on EDGAR on the United States Securities and Exchange Commission’s website at www.sec.gov or on Brookfield Wealth Solutions’ SEDAR profile at www.sedarplus.ca.

About Brookfield Wealth Solutions
Brookfield Wealth Solutions Ltd. (NYSE, TSX: BNT) is focused on securing the financial futures of individuals and institutions through a range of retirement services, wealth protection products and tailored capital solutions. Each class A exchangeable limited voting share of Brookfield Wealth Solutions is exchangeable on a one-for-one basis with a class A limited voting share of Brookfield Corporation (NYSE, TSX: BN).

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

Media: Kerrie McHugh Tel: (212) 618-3469 Email: kerrie.mchugh@brookfield.com

Investor Relations: Rachel Schneider Tel: (416) 369-3358 Email: rachel.schneider@brookfield.com

FAQ

Who are the newly elected directors for Brookfield Wealth Solutions (BNT) in 2025?

For Class A shares: Dr. Soonyoung Chang, William Cox, Michele Coleman Mayes, Lars Rodert, and Anne Schaumburg. For Class B shares: Barry Blattman, Gregory Morrison, Lori Pearson, Sachin Shah, and Jay Wintrob.

What was the voting result for William Cox in Brookfield Wealth Solutions' 2025 board election?

William Cox received 22,970,300 votes (95.92%) in favor and 976,149 votes (4.08%) withheld, representing the lowest approval rating among Class A director nominees.

How many Class B shares were voted in Brookfield Wealth Solutions' 2025 director election?

All 24,000 Class B shares were voted in favor of each of the five Class B director nominees.

Which director received the highest approval percentage in BNT's 2025 board election?

Dr. Soonyoung Chang received the highest approval rating with 99.17% of votes in favor (23,747,124 votes).