Brookfield Corporation Announces Results of Conversion of its Series 38 Preferred Shares

Group 1 - Brookfield Corporation announced that there will be no conversion of its Cumulative Class A Preference Shares, Series 38 into Series 39 Shares due to insufficient election notices, with only 42,035 shares tendered for conversion against the required one million [1] - The company focuses on building long-term wealth for institutions and individuals through three core businesses: Alternative Asset Management, Wealth Solutions, and Operating Businesses in renewable power, infrastructure, business and industrial services, and real estate [2] - Brookfield has a track record of delivering over 15% annualized returns to shareholders for over 30 years, supported by its investment and operational experience [3]