Partners Value Investments LP announced on Sept. 22, 2023, a proposed reorganization to be implemented by way of a court approved plan of arrangement, pursuant to which its units, preferred units and warrants of Partners Value Investments Inc. (trading symbols PVF.UN, PVF.PR.U and PVF.WT, respectively) will be exchanged for newly issued replacement units and preferred units of Partners Value Investments LP and warrants of Partners Value Investments Inc., and additionally the holders of new replacement units will be entitled to receive a distribution of freely tradeable shares of Brookfield Reinsurance Ltd. and preferred shares of Partners Value Investments Inc., an entity created as a result of amalgamation of Partners Ltd., Partners Value Investments Inc. and other related entities.

It is expected that the proposed arrangement will be effective after the market close on Nov. 24, 2023, subject to satisfying residual closing conditions.

In anticipation of the completion of the arrangement, the TSX Venture Exchange is implementing the following special trading and settlement rules for all securities (PVF.UN, PVF.PR.U and PVF.WT), which will trade for cash on Nov. 23, 2023, and Nov. 24, 2023.

Mandatory trading and settlement rules:

• Nov. 23, 2023, to settle Nov. 24, 2023;
• Nov. 24, 2023, to settle Nov. 24, 2023.

For more information, please see the limited partnership's (LP) news releases dated Sept. 22, 2023, and Nov. 15, 2023, and the LP's information circular dated Sept. 29, 2023, posted on SEDAR+.

A further bulletin will be issued by the exchange for additional details about the arrangement and listing of the replacement securities.