Brookfield Asset Management .(BAM) - 2024 Q4 - Annual Results

EXHIBIT 99.1 Net income for BAM, the publicly traded entity, totaled $186 million for the quarter (2023 -$95 million). Up until the closing of the transaction last week, BAM owned an approximate 27% interest in our asset management business with the other approximate 73% owned by Brookfield Corporation (BN). In order to provide meaningful comparative information and inform you on how BAM results will look in the future, the discussion that follows relates to the financial results on a 100% basis for our as ...