Core Points - Brookfield Wealth Solutions announced the approval of all business items at its annual general and special meeting of shareholders held virtually [1] - All five nominees for the board of directors from both class A and class B shares were elected [2] Election Results - Class A shareholders voted as follows for the five nominated directors: - Dr. Soonyoung Chang: 23,747,124 votes (99.17% for, 0.83% withheld) - William Cox: 22,970,300 votes (95.92% for, 4.08% withheld) - Michele Coleman Mayes: 23,696,733 votes (98.96% for, 1.04% withheld) - Lars Rodert: 23,273,435 votes (97.19% for, 2.81% withheld) - Anne Schaumburg: 23,678,628 votes (98.88% for, 1.12% withheld) [3] - The holder of class B shares voted all 24,000 shares in favor of the five nominated directors: Barry Blattman, Gregory Morrison, Lori Pearson, Sachin Shah, and Jay Wintrob [3] Additional Approvals - All other matters presented at the meeting were approved by shareholder vote, with a summary of the votes to be available on EDGAR and SEDAR [4] Company Overview - Brookfield Wealth Solutions focuses on securing financial futures through retirement services, wealth protection products, and tailored capital solutions [5]

Core Viewpoint - Brookfield Wealth Solutions reported strong financial results for Q1 2025, highlighting a significant increase in distributable operating earnings and the expansion into the U.K. market, despite a net loss attributed to unrealized movements on reserves [1][3][4]. Financial Performance - Total assets increased to $141.612 billion in Q1 2025 from $63.113 billion in Q1 2024 [1]. - Distributable operating earnings reached $437 million, up from $279 million in the prior year [3][15]. - Net income recorded a loss of $282 million compared to a profit of $337 million in the same period last year [4][14]. Investment and Market Position - The company holds approximately $25 billion in cash and short-term liquid investments, alongside $22 billion in long-term liquid investments, positioning it well to navigate market volatility [5]. - Brookfield deployed $3 billion into its originated strategies with returns exceeding 8% [7]. - The company originated $4 billion in annuity sales across various channels during the quarter [7]. Distribution and Shareholder Returns - A quarterly return of capital of $0.09 per class A and class B share was declared, payable on June 30, 2025 [6]. - The net income attributable to Brookfield shareholders for Q1 2025 was $73 million, down from $102 million in Q1 2024 [8]. Operational Highlights - The company launched its U.K. pension risk transfer business in March 2025 and expects to be active in the market throughout the year [7]. - The net investment income increased significantly to $1.429 billion from $670 million year-over-year [13]. Summary of Financial Results - Total revenues for Q1 2025 were $2.618 billion, compared to $2.485 billion in Q1 2024 [13]. - Operating expenses rose to $382 million from $233 million in the previous year [13]. Balance Sheet Overview - Total liabilities and equity stood at $141.612 billion as of March 31, 2025, compared to $139.953 billion at the end of 2024 [11][12]. - The company’s insurance invested assets and cash equivalents remained stable, indicating a solid financial foundation [11].