Mr. Sachin Shah reports

BROOKFIELD WEALTH SOLUTIONS ANNOUNCES GROUP CAPITAL POSITION OF OVER $16 BILLION

Brookfield Wealth Solutions Ltd.'s year-end 2024 capital position with over $16-billion of group capital across its regulated insurance subsidiaries and holding companies. This strong capital position underpins the financial strength ratings assigned to Brookfield Wealth Solutions' life and annuity companies, and the investment grade ratings for its life and annuity holding company.

Brookfield Wealth Solutions' group capital has tripled from $5.7-billion in 2022 to an estimated $16.1-billion in 2024 through a combination of retained earnings and capital contributions from Brookfield.

Sachin Shah, chief executive officer, Brookfield Wealth Solutions, said: "With over 5,000 people dedicated every day to serving the needs of policyholders and retirees, we've been able to build a world-class wealth business that provides individuals with safe and secure retirement income. This past year has culminated in record levels of group and entity-level capital. This February we participated in the first group supervisory college, where we had the opportunity to share details of our assets, reserves and capital position with our insurance regulators from eight jurisdictions. With our upcoming entrance into the UK insurance market, we look forward to continued prudent growth and an expanded supervisory college in 2025."

About Brookfield Wealth Solutions Ltd.

Brookfield Wealth Solutions 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.

We seek Safe Harbor.