An anonymous director reports

PARTNERS VALUE SPLIT CORP. ANNOUNCES 2023 SEMI-ANNUAL RESULTS

Partners Value Split Corp.'s net asset value per unit was $103.16 at June 30, 2023. All amounts are in U.S. dollars.

Income available for distribution for the six-month period ended June 30, 2023, was $37-million compared with $34-million in the prior-year period. Dividend income was higher in the current period due to the receipt of shares of Brookfield Asset Management Ltd. as part of the spinoff of Brookfield Corp. (formerly known as Brookfield Asset Management Inc.)'s asset management business on Dec. 9, 2022. The net comprehensive income in the period of $379-million was primarily driven by unrealized mark-to-market movement on the share price of the Brookfield and manager shares. On a per-share basis, the fair value of a corporation share was $33.65 as at June 30, 2023 (Dec. 31, 2022: $31.46). On a per-share basis, the fair value of a manager share was $32.63 as at June 30, 2023 (Dec. 31, 2022: $28.67).

Net asset value per unit consists of one preferred share and one capital share. The net asset value per unit is posted monthly on its website.

As at June 30, 2023, the company owned 120 million Class A limited voting shares of the corporation and 30 million Class A limited voting shares of the manager, which together generate cash flow through dividend payments that finance quarterly fixed cumulative preferential dividends for the holders of the company's preferred shares and provide the holders of the company's capital shares the opportunity to participate in any capital appreciation of the Brookfield shares.

Brookfield is focused on deploying its capital on a value basis and compounding it over the long term. This capital is allocated across its three core pillars of asset management, insurance solutions and its operating businesses. Brookfield Asset is a leading global alternative asset manager with approximately $825-billion of assets under management across real estate, infrastructure, renewable power and transition, private equity, and credit. BN and BAM are listed on the New York and Toronto stock exchanges.

We seek Safe Harbor.