Brookfield Corporation · NYSE:BN
Brookfield — Brookfield Asset Management — Investor Day (October 2026)
114 slides from Brookfield's investor day presentation, Oct 14, 2026
Slide 1: Brookfield Asset Management
Brookfield Asset Management
Slide 2: Agenda
12:50 PM 1:55 PM The Brookfield Advantage View from the Top: A Conversation Connor Teskey, CEO with Brookfield’s CEOs Moderated by Bruce Flatt, Chairman 1:10 PM Designed for Durability, 2:35 PM Positioned for Growth Q&A Hadley Peer Marshall, CFO 1:35 PM One Scaled Global Credit Leader Bob O’Leary, C
Slide 3: The Brookfield Advantage
The Brookfield Advantage Connor Teskey CEO
Slide 4: Brookfield Asset Management: 125-year heritage
Brookfield Asset Management: 125-year heritage Owning, operating and investing in the high-quality assets and businesses that form the backbone of the global economy $672 Billion Fee-Bearing Capital Infrastructure Energy Private Equity Real Estate Credit $114B $74B $54B $104B $326B See Notice to Rec
Slide 5: Consistent execution delivering strong performance and continued growth
Consistent execution delivering strong performance and continued growth Deployment FBC FRE Monetization $ 76B Capital invested LTM 19% YoY growth 19% YoY growth $ 47B Proceeds generated LTM See Notice to Recipients and Endnotes, including endnotes 2, 4, and 18 BROOKFIELD.COM 5
Slide 6: Record fundraising highlights the momentum
Record fundraising highlights the momentum… Fundraising ($B) $163 +70% $97 Q2 '25 LTM Q2 '26 LTM BROOKFIELD.COM 6
Slide 7: And our business hit new records across the board
And our business hit new records across the board Infrastructure Energy Private Equity Real Estate Credit On track to have the Record Expected to be our $40B+ deployed, Integrated Oaktree world’s largest fund development and largest flagship a new record into Brookfield monetization fund yet Credit
Slide 8: Ongoing drivers of BAM's growth and resiliency
Ongoing drivers of BAM’s growth and resiliency Increasingly Consistency Positioned diversified of performance for the future BROOKFIELD.COM 8
Slide 9: Increasingly diversified
Increasingly diversified BROOKFIELD.COM 9
Slide 10: Our capabilities continue to drive incremental growth
Our capabilities continue to drive incremental growth Strong long-term Grow existing strategies & performance launch new products Enduring More diversification competitive advantages Greater market reach / information BROOKFIELD.COM 10
Slide 11: Deeper relationships and broader client base
Deeper relationships and broader client base Flagship Infrastructure Infrastructure Debt Long-Dated Infrastructure BIF V BID III BSIP 80% 58% 60% Re-ups Crossover New to from BIF Brookfield Sovereign Wealth Fund Public & Private Pension Insurance Endowment / Foundation Other BROOKFIELD.COM 11
Slide 12: Having more clients reduces dependence on any one capital source
Having more clients reduces dependence on any one capital source 2016 2026 320+ Sovereign Wealth Fund 2,500+ Clients Public & Private Pension Clients Insurance Endowment / Foundation Other (Financial, Family Office, Unions, & Corporates) 1.9x 2.6x strategies per client strategies per client See Noti
Slide 13: Global reach minimizes exposure to any one cycle
Global reach minimizes exposure to any one cycle Capital Base by Geography 2020 2023 2026 +20% +43% vs 2020 vs 2023 North America Europe APAC Middle East See Notice to Recipients and Endnotes, including endnotes 23 BROOKFIELD.COM 13
Slide 14: No one business group represents more than a third of our revenues
No one business group represents more than a third of our revenues… Credit Infrastructure Real Estate Energy Private Equity BROOKFIELD.COM 14
Slide 15: Capabilities across every major sub-sector
…and we have capabilities across every major sub-sector… Credit Infrastructure Retail Hydro Real Estate Energy Private Equity BROOKFIELD.COM 15
Slide 16: Capabilities across every major sub-sector
…and we have capabilities across every major sub-sector… High Yield & CLOs Credit Infrastructure Regional Pumped Retail Hydro Malls Storage Real Estate Energy Private Equity Infrastructure Financial BROOKFIELD.COM 16
Slide 17: Our platforms grow at different points in time
Our platforms grow at different points in time, but create consistent growth on a consolidated basis Across the Cycle Infrastructure Energy Real Estate Counter Cyclical BROOKFIELD.COM 17
Slide 18: Consistency of performance
Consistency of performance BROOKFIELD.COM 18
Slide 19: A consistent approach: leading owners, operators and originators
We have a consistent approach to drive attractive returns by being leading owners, operators and originators BROOKFIELD.COM 19
Slide 20: Global reach with 250,000 operating employees across 50+ countries
Global reach with 250,000 operating employees across 50+ countries North America 110K Europe & Middle East Operating employees 65K Operating employees Asia Pacific South America 40K Operating 34K employees Operating employees Brookfield office See Notice to Recipients and Endnotes, including endnote
Slide 21: The Brookfield Ecosystem creates proprietary insight
The Brookfield Ecosystem creates proprietary insight And enables us to be one step ahead of the broader market Hospitality Mixed use, retail Solar & entertainment Business Housing Logistics & Energy services self-storage transition Data Transport Infrastructure services Utilities Office Midstream Te
Slide 22: Our origination advantage feeds strategies across Brookfield
Our origination advantage feeds strategies across Brookfield Flagships Insurance capital Equity strategies Credit strategies Sector focused Geographic focused Partner managers Public affiliates BROOKFIELD.COM 22
Slide 23: Cross-business origination opportunities are accelerating
And the pace of these cross-business origination opportunities is accelerating Originated by Deployed in Originated by Deployed in Originated by Deployed in Credit Private Equity Energy Credit Credit Infrastructure BROOKFIELD.COM 23
Slide 24: Disciplined approach has generated strong long-term performance
Our disciplined approach has generated strong long-term performance at a scale and consistency few can match Gross Return Net Return Flagships Fund History Target Actual Target Actual Infrastructure 16 years 13% 15% 11% 12% Energy 5 years 14% 23% 11% 18% Private Equity 25 years 23% 25% 19% 19% Real
Slide 25: Launching new strategies
Our investment-driven approach allows us to successfully launch new strategies BROOKFIELD.COM 25
Slide 26: Expansion of our strategies to 60+
Leading to significant expansion of our strategies to 60+ Infrastructure (2009 First Flagship) Infrastructure Income Fund 2023 Infrastructure Structured Solutions 2024 AI Infrastructure 2026 Private Equity (2001 First Flagship) Financial Infrastructure Fund 2025 Evergreen Private Equity 2025 Middle
Slide 27: Our recipe for new strategies
Our recipe for new strategies is built on discipline at every step Leveraging our capabilities… …While being prudent Play to our strengths Walk before running Focus on adjacencies Keep mistakes small, learn fast Chase durability and longevity Scale decisively Target leadership positions Tap into the
Slide 28: BSIP: complementary products built for the long term
Complementary products built the right way for the long term BSIP Identified substantial Broad sourcing Utilizing existing teams need in the market for capabilities and capabilities to super core capital drive value Fundraising ($B) Built patiently over 8 years $3.3 $26B $2.6 Raised since inception
Slide 29: BII: private wealth products built for the long term
Private wealth products built the right way for the long term BII Institutional and wealth Matching fundraising Slower growth capital invest in same and deployment early, exponential assets side by side growth later Built patiently over ~4 years More consistent fundraising $10B ~$4B Zero Better clie
Slide 30: Positioned for the future
Positioned for the future BROOKFIELD.COM 30
Slide 31: Strengths in the areas that will matter tomorrow
We have strengths in the areas that will matter tomorrow Strategic Enhanced The right partnerships capabilities markets BROOKFIELD.COM 31
Slide 32: Partnerships with sovereign governments and leading companies
Building partnerships with large sovereign governments and the companies that will define the next decade BROOKFIELD.COM 32
Slide 33: Investor relationships have become more than just clients
Investor relationships have become more than just clients LP Investor Technology Partner / Tenant Investment Partner Financing Partner $ 2B BAIIF commitment NVIDIA-powered cloud platform 200MW planned Korea 500B $ Third-party capital target capacity by 2028 We invest in relationships, driving repeat
Slide 34: Our partnership and solutions approach makes the difference
Our partnership and solutions approach makes the difference Infrastructure Energy Private Equity $ 10B Directs Secondaries Closed or approved mandates BROOKFIELD PLATFORM Customized Solutions INVESTMENT ACCESS $ 5B 7 Recent wins 600M Funds Co-Investments $ Real Estate Credit Balance Sheet Investment
Slide 35: Defined Contribution is the next institutional-scale alternatives market
Defined Contribution is the next institutional-scale alternatives market Private Markets Share of Defined Contribution Assets 15%+ Opportunity to enhance outcomes for the retiree $ 14T Total addressable market Collaboration with AllianceBernstein <1% 2026 Long Term Source: Brookfield Estimates, Inve
Slide 36: The 3 D's have accelerated
The 3 D’s have accelerated, and no one is better positioned to benefit from these trends Digitalization Deglobalization Decarbonization BROOKFIELD.COM 36
Slide 37: Key takeaways
Key takeaways Increasingly diversified Consistency of performance Positioned for the future BROOKFIELD.COM 37
Slide 38: Designed for Durability, Positioned for Growth
Designed for Durability, Positioned for Growth Hadley Peer Marshall CFO
Slide 39: The Brookfield model
The Brookfield model BROOKFIELD.COM 39
Slide 40: Pure-play, asset-light alternative manager
Pure-play, asset-light alternative manager $ 672B Fee-Bearing Capital $ B 245 $ 427 B Permanent Capital Base Private Funds Public market capital Insurance capital Institutional capital Individual capital NYSE, TSX: BIP, BEP, BBUC Annuities Global fundraise capacity Private wealth Pension risk transf
Slide 41: A product for every investor
We have a product for every investor because of our model BROOKFIELD.COM 41
Slide 42: More attractive options for more investors
More attractive options for more investors Infrastructure products across the liquidity and risk/return spectrum Liquid Evergreen Drawdown Daily liquidity Periodic liquidity Long-term BIP BII BAIIF Value-add / core plus Diversified across risk / return Value-add BSIP BIF Core, stable income Core-plu
Slide 43: More attractive options for more investors
More attractive options for more investors Sector and geography Global Sector-Focused Geographic diversified / worldwide theme / sector single-market BIF Infrastructure BAIIF AI infrastructure CTF Emerging markets BGTF Energy transition BREVA-H Housing BCRF Asia BSREP Real estate BFIP Financial infr
Slide 44: Over 60 funds meet strong investor demand
Over 60 funds allow us meet the strong investor demand Real Estate Real Estate Insurance Bank Non-Traded Global Core Debt BIP Solutions Solutions Loans REIT Infrastructure Core-Plus Real Real Estate Estate Flagship Infrastructure Debt Venture Debt Global Transition High Yield Flagship Private Bonds
Slide 45: Our success is consistent
Our success is consistent BROOKFIELD.COM 45
Slide 46: Fundraising is consistently growing through economic cycles
Fundraising is consistently growing through economic cycles $163B raised over the last 12 months Record Year 160 140 $136 120 $112 100 $93 $83 80 $71 60 $41 40 20 2020 2021 2022 2023 2024 2025 2026E Organic Inorganic Fundraising figures represent full calendar year See Notice to Recipients and Endno
Slide 47: Earnings are resilient by design
Earnings are resilient by design $3.2 730 16% 3 $2.7 $672 CAGR 630 2.5 $2.3 $563 $2.2 530 $2.0 $514 2 $1.6 $440 430 $392 $1.3 1.5 330 $325 $277 1 230 130 0.5 2020 2021 2022 2023 2024 2025 2026 Figures in $B. FRE is for the last twelve months ended June 30; FBC is as of June 30 of each year See Notic
Slide 48: Deployment is accelerating
Deployment is accelerating and accelerating Deployments Select businesses we have acquired: Gross Asset Value ($B) $160 ~2X $90 Q2-21 LTM Q2-26 LTM See Notice to Recipients and Endnotes, including endnote 19 BROOKFIELD.COM 48
Slide 49: Monetizations are strong across the business
Monetizations are strong across the business Monetizations Large-scale transactions include: Gross Asset Value ($B) $90 3x $30 Q2-21 LTM Q2-26 LTM See Notice to Recipients and Endnotes, including endnote 19 BROOKFIELD.COM 49
Slide 50: The Path to 2031: We plan to double
The Path to 2031 We plan to double We plan to double See Notice to Recipients and Endnotes BROOKFIELD.COM 50
Slide 51: Key drivers
Key drivers Our proven core pillars continue to be the foundation of our growth Core pillars Flagship Complementary Insurance funds strategies capital BROOKFIELD.COM 51
Slide 52: Our flagships will drive stable growth
Our flagships will drive stable growth $ 129B ~$ 175B 35%+ Growth Prior 5 years Next 5 years See Notice to Recipients and Endnotes, including endnotes 6 and 10 BROOKFIELD.COM 52
Slide 53: Our complementary strategies will expand significantly
Our complementary strategies will expand significantly ~65% Mature strategies $ 195B ~$ 360B 90% Growth Prior 5 years Next 5 years ~35% New strategies See Notice to Recipients and Endnotes, including endnotes 10 and 20 BROOKFIELD.COM 53
Slide 54: Wealth Solutions provides a unique growth engine
Wealth Solutions provides a unique growth engine We have a differentiated insurance partnership 56% 50% Growing to $ 150B 6% Private Funds $ 360B 18% 2026 FBC 2031 FBC Private Non-Fund (SMAs) Liquid Credit 38% 32% Figures presented represent fee-bearing capital we manage on behalf of Brookfield Weal
Slide 55: What else?
What else? BROOKFIELD.COM 55
Slide 56: Additional drivers
Additional drivers Emerging themes are poised to play a bigger role over the next five years than the prior five Emerging themes Private Capital Carried Balance sheet wealth markets Interest investments BROOKFIELD.COM 56
Slide 57: Private Wealth is gaining even more momentum
Private Wealth is gaining even more momentum Total Private Wealth FBC ($B) $75 5x $15 2026 2031 See Notice to Recipients and Endnotes, including endnotes 2 and 10 BROOKFIELD.COM 57
Slide 58: Capital markets fees are scaling
Capital markets fees are scaling $ 50-100M in 2027 ~$ 250M ~ x4 in 2031 Growth See Notice to Recipients and Endnotes, including endnote 10 BROOKFIELD.COM 58
Slide 59: Carry is already here
Carry is more than just our second leg of growth, its already here Cumulative realized carried interest (funds raised post spin-off) Years 6-10 Next 5 Years 2022 – 2025 $ 0B $ 9B Target 35B+ $ Target Costs Net to BAM Royalty to BN See Notice to Recipients and Endnotes, including endnotes 8 and 10 BR
Slide 60: Balance sheet investments earn attractive returns
Balance sheet investments do more than support growth, they earn attractive returns Investments Follow a J-Curve Strategic uses of Distributable Earnings our balance sheet Contribution Target 20%+ Return on Equity Seeding new strategies 4B Minimal DE Earnings build Meaningful DE $ contribution as st
Slide 61: Bringing it all together
Bringing it all together BROOKFIELD.COM 61
Slide 62: Fee-bearing capital growth will be broad-based and expansive
Fee-bearing capital growth will be broad-based and expansive… +2% -5% +5% +$95B -$220B $1.3T +$210B +3% +5% +$120B +$225B +4% $672B +$170B 2x Flagship Mature New Insurance Other Return of 2026 2031 Strategies Complementary Complementary Solutions Capital Strategies Strategies See Notice to Recipient
Slide 63: Stable capital base will continue to strengthen
…while our stable capital base will continue to strengthen 2026 2031 12% 9% 88% 91% 41% 44% Growing 30% Long-Term or to Long-Term or Permanent 41% Permanent 14% 9% Long Term Permanent Capital Vehicles Perpetual Strategies Liquid Strategies See Notice to Recipients and Endnotes, including endnotes 5
Slide 64: Diversified across our five business groups
…and diversified across our five business groups… ($ billions) 2026 2031 Infrastructure $114 $210 Energy 74 120 Private Equity 54 90 Real Estate 104 160 Credit 326 690 14% CAGR Total Fee-Bearing Capital $672 $1.3T See Notice to Recipients and Endnotes, including endnotes 2 and 10 BROOKFIELD.COM 64
Slide 65: FBC growth will translate into strong FRE growth
FBC growth will translate into strong FRE growth… ($ millions) 2026 2031 Fee Revenues $5,822 $10,900 Direct Costs (2,533) (4,300) Fee-Related Earnings at 100% 3,289 6,600 Non-Controlling Interests (88) - Fee-Related Earnings to BAM $3,201 $6,600 16% CAGR FRE per Share $1.97 $4.08 See Notice to Recip
Slide 66: A new engine of growth: carry eligible capital
…and a new engine of growth will become more significant… BAM Carry Eligible Capital ($B) $550+ 32% CAGR $187 $46 2022 2026 2031 See Notice to Recipients and Endnotes, including endnotes 10 and 21 BROOKFIELD.COM 66
Slide 67: Fueling meaningful DE growth
…fueling meaningful DE growth ($ millions) 2026 2031 Fee-Related Earnings $3,201 $6,600 Equity-Based Compensation 56 140 Realized Carried Interest, Net of Costs - 1,350 Interest Expense (125) (315) Other 95 (35) Earnings Before Taxes $3,227 $7,740 Cash Taxes (390) (1,300) Distributable Earnings $2,8
Slide 68: Our plan supports annual, long-term dividend growth
Our plan supports 15% annual, long-term dividend growth BROOKFIELD.COM 68
Slide 69: There are additional levers for growth
There are additional levers for growth We can unlock upside beyond our base plan through various channels… Access to Defined New Partner M&A Contribution complementary managers markets funds …which creates multiple paths to 20%+ annualized earnings growth See Notice to Recipients and Endnotes, inclu
Slide 70: Partner managers' stakes will grow through embedded options
Not only will our partner managers grow, but our stakes will grow through embedded options $ 4B ~$ 350M Potential deployment would Incremental run-rate through 2031 generate FRE in 2031 See Notice to Recipients and Endnotes, including endnotes 4 and 10 BROOKFIELD.COM 70
Slide 71: Key takeaways
Key takeaways 5-year targets Purpose built model Gives all different types of investors multiple $1.3T FBC options to invest with us 14% CAGR Resilient, diversified, and consistent $6.6B FRE Across cash flows, fundraising, and earnings growth 16% CAGR Additional growth engines $6.4B DE Will drive th
Slide 72: One Scaled Global Credit Leader
One Scaled Global Credit Leader Bob O’Leary Co-CEO, Credit
Slide 73: Brookfield founded 1899
1899 Brookfield founded BROOKFIELD.COM 73
Slide 74: Oaktree founded 1995
1995 Oaktree founded BROOKFIELD.COM 74
Slide 75: Brookfield launches first real asset debt fund
2004 Brookfield launches first real asset debt fund BROOKFIELD.COM 75
Slide 76: Brookfield and Oaktree establish partnership
2019 Brookfield and Oaktree establish partnership BROOKFIELD.COM 76
Slide 77: Executed IMA with Brookfield Wealth Solutions
2020 Executed IMA with Brookfield Wealth Solutions BROOKFIELD.COM 77
Slide 78: Scaled via best-in-class partner managers
2018–25 Scaled via best-in-class partner managers BROOKFIELD.COM 78
Slide 79: Integrated global credit platform
Today Integrated global credit platform BROOKFIELD.COM 79
Slide 80: One scaled global credit leader
One scaled global credit leader 2020 Today Executed IMA with Integrated global 1899 2004 Brookfield Wealth Solutions platform Brookfield Launches first real founded asset debt fund 2019 Partnership formed 2018–25 Scaled via best-in-class partner managers 1995 Oaktree founded BROOKFIELD.COM 80
Slide 81: One of the world's largest credit platforms
We have built one of the world’s largest credit platforms, able to invest across every part of the credit spectrum Opportunistic Real assets Asset-backed finance Corporate credit Higher-return, dislocation Real estate & Diversified, collateralized Liquid & private credit driven credit infrastructure
Slide 82: Unmatched portfolio of credit investment strategies
We have developed an unmatched portfolio of credit investment strategies Illustrative Credit Risk/Return Profile Investment Grade Below Investment Grade Opportunistic & Hybrid Opportunistic Credit Music Royalties Aviation Finance Venture Debt Diversified ABF NAV Finance – GP Solutions Homebuilder So
Slide 83: One integrated credit platform
One integrated credit platform BROOKFIELD.COM 83
Slide 84: Shared corporate values enable seamless integration
Shared corporate values have sustained our partnership with Oaktree and are enabling a seamless integration Shared Aligned Specialists in Long-term investment client-first complexity orientation DNA culture The partnership has yielded significant benefits for both organizations, but the integration
Slide 85: Three priorities for integration
Three priorities for integration Expand client relationships Enhanced collaboration Deliver new products across the combined on deployment and to meet evolving client platform sourcing needs BROOKFIELD.COM 85
Slide 86: Expand client relationships across the combined platform
Expand client relationships across the combined platform Brookfield clients ~ 21% Oaktree clients Cross-sell runway of top clients Cross-sell runway overlap Deepening existing relationships Shared clients deepen existing relationships; the rest is runway to expand through cross-sell BROOKFIELD.COM 8
Slide 87: Enhanced collaboration on deployment and sourcing
Enhanced collaboration on deployment and sourcing High Yield & CLOs Credit Infrastructure Regional Pumped Retail Hydro Malls Storage Real Estate Energy Private Equity Infrastructure Financial BROOKFIELD.COM 87
Slide 88: Brookfield Wealth Solutions provides $150B of insurance capital
Brookfield Wealth Solutions provides $150B of long-duration, flexible insurance capital This capital drives proprietary investments, innovative structures and attractive returns See Notice to Recipients and Endnotes, including endnote 2 BROOKFIELD.COM 88
Slide 89: Deliver new products to meet evolving client needs
Deliver new products to meet evolving client needs 23 60 Continued product strategies strategies innovation in 2019 today Combining Brookfield and Oaktree capabilities creates new products and solutions for clients BROOKFIELD.COM 89
Slide 90: Current credit market environment
Current credit market environment BROOKFIELD.COM 90
Slide 91: A sea change is reshaping the credit markets
A “sea change” is reshaping the credit markets U.S. 10-Year Treasury Yield (%) Higher base rates are driving yields 15.8 across credit, making the asset class more attractive Borrowers continue to need flexible financing solutions, increasing the need for private credit 5.0 Increased capital flowing
Slide 92: Private credit is broader but diverging
Private credit is broader but diverging Diversity Divergence A broader opportunity Specialized expertise drives set beyond direct lending differentiated outcomes across strategies, structures and vintages BROOKFIELD.COM 92
Slide 93: Biggest growth areas with the largest opportunity set
The biggest growth areas with the largest opportunity set Real assets credit Asset-backed finance Opportunistic credit Repricing and tighter Bank retrenchment Dispersion, refinancing financing improve accelerates gaps create complex new-loan economics private-capital adoption capital needs BROOKFIEL
Slide 94: Real assets credit: powered by global operating expertise
Real assets credit: Powered by global operating expertise $ 52B 22 560+ AUM Year track record Deals 125+ years of real asset owner-operator expertise World’s largest dedicated infrastructure debt fund Among the longest-standing lenders in real estate credit See Notice to Recipients and Endnotes, inc
Slide 95: Infrastructure credit is driven by massive capital needs
Infrastructure credit is driven by massive capital needs $100+ trillion of global infrastructure investment required by 2040 9 8 7 Investment required ($ trillions) Funding 6 Gap 5 4 3 2 Current 1 0 2007 2010 2013 2016 2019 2022 2025 2028 2031 2034 2037 2040 Digitalization Decarbonization Deglobaliz
Slide 96: A recovery in real estate creates an attractive basis for lending
A recovery in real estate creates an attractive basis for lending U.S Commercial Real Estate Volume YoY ($B) Real Estate Valuations (CPPI Index) CRE Debt Originations CRE Transactions 160 Sharp appreciation Correction Stabilization / recovery 155 $453 150 + $363 145 +25% -22% $294 140 $224 135 +9% 1
Slide 97: Asset-backed finance: deep specialization in complex collateral
Asset-backed finance: Deep specialization in complex, differentiated collateral $ 60B 27 1,780+ AUM Year track record Deals Best-in-class capabilities Vertically integrated capabilities spanning the entire investment lifecycle Access to diverse, proprietary opportunities with distinct risk drivers S
Slide 98: ABF market is $6T with significant runway for private capital
ABF market is $6T with significant runway for private capital 8% $ 6T Growing penetration in a growing market Market Private Capital Penetration Rate $20-30T aggregate global asset-based market Sources: Federal Reserve; NY Fed; SIFMA; World Bank; Preqin; S&P; Oliver Wyman; Boeing; CEIC; IACPM and ot
Slide 99: Opportunistic credit: our pioneering flagship strategy
Opportunistic credit: Our pioneering flagship strategy $ 43B 38 1,375+ AUM Year track record Deals Largest ever opportunistic debt fund Longest-running strategy of its type 10:1 realized profit-to-loss ratio See Notice to Recipients and Endnotes, including endnote 1 BROOKFIELD.COM 99
Slide 100: Corporate credit has expanded dramatically
Corporate credit has expanded dramatically Growth of the sub-IG and BBB universe ($T) $13 4.3x $3 Dec-07 Jun-26 As of June 30, 2026 Source: S&P UBS, ICE BofA, Preqin (direct lending data as of December 2025). BROOKFIELD.COM 100
Slide 101: The opportunity set is the biggest in years
The opportunity set is the biggest in years Opportunity Volume ($B) (Bubbles: next-three-year maturity volume) $ 166 $299 11x $284 $225 + $202 $166 $167 $162 $117 $ 15 $33 2021 2022 2023 2024 Mar-25 Jun-25 Sep-25 Dec-25 Mar-26 Source: Oaktree internal disclosure BROOKFIELD.COM 101
Slide 102: Full spectrum. Full cycle.
Full spectrum. Full cycle. BROOKFIELD.COM 102
Slide 103: Built to grow when markets function
Built to grow when markets function… Real assets credit Megatrends around digitalization, deglobalization Trillions and decarbonization are of long-term financing creating durable, through- cycle growth engines demand outstrips traditional sources Asset-backed Financing finance demand Private credit
Slide 104: And to lean in when they do not
…and to lean in when they do not Opportunistic strategy strengthens in periods of uncertainty and acts as an important counterbalance for our business Across the Cycle Infrastructure Energy Real Estate Counter Cyclical Opps BROOKFIELD.COM 104
Slide 105: Enabling credit to help drive growth over the next five years
Enabling credit to help drive growth over the next five years Credit FBC ($B) 16% CAGR $235 $35 $690 $90 $326 2026 Long-Term Permanent Capital Liquid 2031 Private Funds & Perpetual Credit Strategies See Notice to Recipients and Endnotes, including endnotes 2 and 10 BROOKFIELD.COM 105
Slide 106: CEO Panel
CEO Panel Bruce Flatt Brookfield Corporation (Moderator) Sam Pollock Infrastructure Connor Teskey Energy Anuj Ranjan Private Equity Lowell Baron Real Estate
Slide 107: Key takeaways
Key takeaways 1 Purpose-built structure Pure-play access to stable cash flows and growth 2 Resiliency by design Five business groups, 60+ strategies, global fundraising 3 Multiple engines of growth Will enable us to double the business in five years and sustain growth well beyond 4 Credit is now one
Slide 108: Q&A
Q&A 108
Slide 109: Thank You
Thank You 109
Slide 110: Thank You: Investor Day 2026
Investor Day 2026
Slide 111: Endnotes
Endnotes All data presented is as of June 30, 2026, unless otherwise noted. Totals may managers in which Brookfield holds a significant interest. Information “claw back” until all investments have been monetized and minimum not add due to rounding. barriers may restrict the ability of certain invest
Slide 112: Endnotes continued
Endnotes continued 11. The target returns set forth herein are for illustrative and informational the temporary funding in respect of some of the investments through 16. Energy figures reflect the target as a weighted average of committed purposes only. Target gross returns are based on historical t
Slide 113: Notice to Recipients
Notice to Recipients Brookfield Asset Management Ltd. (“BAM”) is not making any offer or “estimate”, “goal”, “intend”, “plan”, “seek”, “strive”, “will”, “aim”, “may” and (ix) unfavorable economic conditions or changes in the industries in which we invitation of any kind by communication of this pres
Slide 114: Notice to Recipients continued
Notice to Recipients continued CAUTIONARY STATEMENT REGARDING PAST AND FUTURE substitute for, similar financial measures calculated in conformity with U.S. PERFORMANCE AND TARGET RETURNS GAAP financial measures. These non-GAAP financial measures are not standardized financial measures and may not be
Brookfield Asset Management — Investor Day (October 2026) on 6ix