EX-99.1 2 tm254612d1_ex99-1.htm EXHIBIT 99.1

 

Exhibit 99.1

 

Brookfield Asset Management Ltd.

 

REPORT ON VOTING RESULTS

 

Special Meeting of Shareholders

January 27, 2025

 

 

National Instrument 51-102 – Section 11.3 (Canada)

 

 

 

 

 

A special meeting (the “Meeting”) of shareholders of Brookfield Asset Management Ltd. (the “Corporation”) was held on Monday, January 27, 2025 at 10:00 a.m. in a virtual meeting format via live audio webcast.

 

The following is a summary of the votes cast by holders of Class A Limited Voting Shares (“Class A Shares”) and Class B Limited Voting Shares (“Class B Shares”) of the Corporation represented at the Meeting. Capitalized terms used herein but not otherwise defined have the meanings given to such terms in the management information circular of the Corporation dated December 1, 2024 (the “Circular”).

 

Arrangement Resolution

 

The Arrangement Resolution, as set out in the Circular as Appendix A, was approved by (i) not less than 66 2/3% of the votes cast at the Meeting by the holders of Class A Shares; (ii) not less than 66 2/3% of the votes cast at the Meeting by the holders of Class B Shares; and (iii) not less than a majority of the votes cast at the Meeting by Minority Shareholders.

 

Management received the following proxies from the holders of Class A Shares and Class B Shares on the Arrangement Resolution:

 

Class  Outcome  Votes For   %   Votes Against   % 
Class A Shares  Carried   272,727,142    79.70    69,475,824    20.30 
Class B Shares  Carried   21,280    100    Nil    Nil 
Minority Shareholders  Carried   264,828,986    79.22    69,475,824    20.78 

 

Special Resolution Increasing the Number of Directors

 

The Director Increase Resolution was withdrawn. No vote was held.

 

Other Business

 

There were no other matters coming before the Meeting that required a vote by the holders of Class A Shares or Class B Shares.

 

 

 

  Brookfield Asset Management Ltd.
   
  /s/ Kathy Sarpash
  Kathy Sarpash
  Managing Director, Legal & Regulatory and Corporate Secretary
 
Date: January 27, 2025