An anonymous director reports

PARTNERS VALUE SPLIT CORP. TO REDEEM ITS CLASS AA PREFERRED SHARES, SERIES 9

Partners Value Split Corp. intends redeem all of its 5,996,800 outstanding Class AA preferred shares, Series 9, for cash on Oct. 6, 2025, in accordance with the terms of the preferred shares, Series 9.

The redemption price per preferred share, Series 9, will be equal to $25 per share plus accrued and unpaid dividends of 12 cents per share to Oct. 5, 2025, representing a total redemption price of $25.12 per share.

Notice has been delivered to holders of the preferred shares, Series 9, in accordance with the terms of the preferred shares, Series 9.

From and after the redemption date, the preferred shares, Series 9, will cease to be entitled to dividends or any other participation in any distribution of the assets of the company and the holders thereof shall not be entitled to exercise any of their rights as shareholders in respect thereof except to receive the redemption price (less any tax required to be deducted and withheld by the company). After the redemption of the preferred shares, Series 9, the company will consolidate the existing capital shares held by Partners Value Investments Inc. so that there are an equal number of preferred shares and capital shares outstanding.

About Partners Value Split Corp.

The company owns a portfolio consisting of approximately 120 million Class A limited voting shares of Brookfield Corp. and approximately 25 million Class A limited voting shares of Brookfield Asset Management Ltd., which are expected to yield quarterly dividends that are sufficient to finance quarterly fixed cumulative preferential dividends for the holders of the company's preferred shares and to enable the holders of the company's capital shares to participate in any capital appreciation of the Brookfield shares.

Brookfield is a leading global investment firm focused on building long-term wealth for institutions and individuals around the world. Brookfield has three core businesses: alternative asset management; wealth solutions; and its operating businesses, which are in renewable power, infrastructure, business and industrial services, and real estate. Brookfield is listed on the New York Stock Exchange and Toronto Stock Exchange under the symbol BN.

Brookfield Asset Management (BAM) is a leading global alternative asset manager, headquartered in New York, with over $1-trillion (U.S.) of assets under management across infrastructure, renewable power and transition, private equity, real estate, and credit. BAM offers a range of alternative investment products to investors around the world -- including public and private pension plans, endowments and foundations, sovereign wealth funds, financial institutions, insurance companies, and private wealth investors. BAM draws on Brookfield's heritage as an owner and operator to invest for value and generate strong returns for its clients, across economic cycles. BAM is listed on the New York Stock Exchange and Toronto Stock Exchange under the symbol BAM.

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