Brookfield Finance Inc - 4.625% NT REDEEM 16/10/2080 USD 25

Strong Q2 / first-half performance (growth + momentum) - Distributable earnings (DE) before realizations: $1.4B in Q2 (+15% YoY, $0.61/share). $5.7B over last 12 months. - Total DE including realizations: $1.5B ($0.66/share) in Q2; $6.2B over last 12 months. - Fundraising/deploy/monetization & activity: $98B raised in first half; $100B deployed; $40B monetized and another $130B of assets financed—signaling continued transaction and deployment momentum.

Record fundraising + fee-bearing growth (Asset Management engine) - Asset Management DE: $740M in Q2 ($0.31/share); $2.9B over last 12 months. - Fundraising: record $77B in the quarter, including $17B in flagship strategies ($7B PE 7th vintage; $9B Infra 6th vintage), and management said these are on track to be the largest in their series. - Fee-bearing capital: $672B at quarter end (+19% YoY), driving +20% fee-related earnings YoY. - Outlook/expectation: with current platform momentum, they stated they are on track for another record fundraising year.

Wealth Solutions uplift driven by Just Group + disciplined underwriting - Wealth Solutions DE: $480M in Q2 ($0.20/share, +23% YoY); $1.8B over last 12 months. - Just Group contribution: first full quarter contribution; Just added $45B of insurance assets upon closing. - Annuity sales: $5B originated in the quarter; insurance assets >$190B (positive net annuity flows + Just). - Investment and P&C performance signals stability: real assets deployment $5B with ~5.7% average net investment income yield; P&C 99% combined ratio and 2.2% gross spread for the quarter. - Opportunity view (UK retirement growth): management emphasized the UK market (over half a trillion of pensions to come to market over the next decade).