# EDGAR Filing Document

**Accession Number:** 0001937926
**File Stem:** 0001104659-25-111548
**Filing Date:** 2025-11
**Character Count:** 26308
**Document Hash:** 130be2894b1223b53049a6988e06169b
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001104659-25-111548.hdr.sgml**: 20251114

**ACCESSION NUMBER**: 0001104659-25-111548

**CONFORMED SUBMISSION TYPE**: 8-K

**PUBLIC DOCUMENT COUNT**: 17

**CONFORMED PERIOD OF REPORT**: 20251113

**ITEM INFORMATION**: Other Events

**ITEM INFORMATION**: Financial Statements and Exhibits

**FILED AS OF DATE**: 20251114

**DATE AS OF CHANGE**: 20251113

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Brookfield Asset Management Ltd.
- **CENTRAL INDEX KEY:** 0001937926
- **STANDARD INDUSTRIAL CLASSIFICATION:** INVESTMENT ADVICE [6282]
- **ORGANIZATION NAME:** 02 Finance
- **EIN:** 000000000
- **STATE OF INCORPORATION:** A1
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 8-K
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-41563
- **FILM NUMBER:** 251480293

**BUSINESS ADDRESS:**
- **STREET 1:** BROOKFIELD PLACE
- **STREET 2:** 250 VESEY STREET, 15TH FLOOR
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10281-0221
- **BUSINESS PHONE:** 416-363-9491

**MAIL ADDRESS:**
- **STREET 1:** BROOKFIELD PLACE
- **STREET 2:** 250 VESEY STREET, 15TH FLOOR
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10281-0221

?xml version='1.0' encoding='ASCII'?

**UNITED STATES**

**SECURITIES AND EXCHANGE COMMISSION**

**Washington, D.C. 20549**

**FORM 8-K**

**CURRENT REPORT**

**Pursuant to Section 13 or 15(d)**

**of the Securities Exchange Act of 1934**

**Date of Report (Date of earliest event reported): November 13, 2025**

**Brookfield Asset Management Ltd.**

**(Exact name of registrant as specified in its charter)**

---

| | | |
|:---|:---|:---|
| **British Columbia, Canada** | **001-41563** | **98-1702516** |
| **(State or Other Jurisdiction <br> of Incorporation)** | **(Commission <br> File No.)** | **(IRS Employee <br> Identification No.)** |

---

**Brookfield Place**

**250 Vesey Street, 15th Floor**

**New York** **, NY 10281-0221**

**(Address of Principal Executive Offices)**

**(212) 417-7000**

**(Registrant's telephone number, including area code)**

**(Former name or former address, if changed since last report)**

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

◻ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

◻ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

◻ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

---

| | | |
|:---|:---|:---|
| **Title of Each Class** | **Trading <br> Symbol(s)** | **Name of Each Exchange <br> on Which Registered** |
| Class A Limited Voting Shares | BAM | New York Stock Exchange |

---

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ¨

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨

---

| | |
|:---|:---|
| **Item 8.01** | **Other Events.** |

---

On November 13, 2025, Brookfield Asset Management Ltd. ("<u>BAM</u>") issued a press release announcing its offering of US$600 million principal amount of 4.653% senior notes due 2030 (the "<u>2030 Notes</u>") and US$400 million principal amount of 5.298% senior notes due 2036 (together with the 2030 Notes, the "<u>Notes</u>"). The press release is filed as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated by reference into this Item 8.01.

The Preliminary Canadian Term Sheet and the Final Canadian Term Sheet relating to the sale of the Notes are filed as Exhibits 99.2 and 99.3 to this Current Report on Form 8-K and are incorporated by reference into this Item 8.01 and BAM's Registration Statement on Form F-10 (File No. 333-287429).

---

| | |
|:---|:---|
| **Item 9.01** | **Financial Statements and Exhibits.** |

---

(d) Exhibits.

---

| | |
|:---|:---|
| &nbsp;&nbsp;Exhibit<br> Number | &nbsp;&nbsp;Description |
| &nbsp;&nbsp;[99.1](tm2530683d2_ex99-1.htm) | &nbsp;&nbsp;[Press Release, dated November 13, 2025.](tm2530683d2_ex99-1.htm) |
| &nbsp;&nbsp;[99.2](tm2530683d2_ex99-2.htm) | &nbsp;&nbsp;[Preliminary Canadian Term Sheet, dated November 13, 2025.](tm2530683d2_ex99-2.htm) |
| &nbsp;&nbsp;[99.3](tm2530683d2_ex99-3.htm) | &nbsp;&nbsp;[Final Canadian Term Sheet, dated November 13, 2025.](tm2530683d2_ex99-3.htm) |
| &nbsp;&nbsp;104 | &nbsp;&nbsp;Cover Page Interactive Data File (embedded within the Inline XBRL document). |

---

**SIGNATURES**

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Date: November 13, 2025

---

| | |
|:---|:---|
| **Brookfield Asset Management Ltd.** | **Brookfield Asset Management Ltd.** |
| By: | /s/ Kathy Sarpash |
| Name: | Kathy Sarpash |
| Title: | Managing Director, Legal & Regulatory and Corporate Secretary |

---

## Exhibit 99.1

**Exhibit 99.1**

![](tm2530683d2_ex99-1img002.jpg)

![](tm2530683d2_ex99-1img001.jpg)<br>

**Brookfield Asset Management Announces Pricing of $600 Million Notes Due 2030 and $400 Million Notes Due 2036**

**NEW YORK, November 13, 2025** – Brookfield Asset Management Ltd. ("BAM") (NYSE: BAM, TSX: BAM) a leading global alternative asset manager headquartered in New York with over $1 trillion of assets under management, today announced the pricing of a public offering of (i) $600 million principal amount of senior notes due 2030, which will bear interest at a rate of 4.653% per annum (the "2030 notes"), and (ii) $400 million principal amount of senior notes due 2036, which will bear interest at a rate of 5.298% per annum (the "2036 notes" and, together with the 2030 notes, the "notes").

The net proceeds from the sale of the notes will be used for general corporate purposes. The offering is expected to close on November 18, 2025, subject to the satisfaction of customary closing conditions.

The notes are being offered under BAM's existing base shelf prospectus filed in the United States and Canada and pursuant to an effective registration statement on Form F-10 on file with the U.S. Securities and Exchange Commission (File No. 333-287429). Copies of the prospectus supplement and accompanying base shelf prospectus may be obtained free of charge on EDGAR at www.sec.gov/edgar or on SEDAR+ at www.sedarplus.ca. Before you invest, you should read these documents and other public filings by BAM for more complete information about BAM and this offering.

Alternatively, copies can be obtained from the joint book-running managers and underwriters:

---

| | |
|:---|:---|
| **Citigroup Global Markets Inc.**<br> **c/o Broadridge Financial Solutions**<br> **1155 Long Island Avenue**<br> **Edgewood, NY 11717**<br> **Telephone: 1-800-831-9146**<br> **Email: prospectus@citi.com** | **Wells Fargo Securities, LLC**<br> **608 2nd Avenue South, Suite 1000**<br> **Minneapolis, MN 55402**<br> **Attn: WFS Customer Service**<br> **Telephone: 1-800-645-3751**<br> **Email: wfscustomerservice@wellsfargo.com** |

---

This news release does not constitute an offer to sell or the solicitation of an offer to buy the notes described in this news release, nor will there be any sale of these notes in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such jurisdiction. The notes being offered have not been approved or disapproved by any regulatory authority, nor has any such authority passed upon the accuracy or adequacy of the base shelf prospectus or the prospectus supplement.

**\* \* \* \* \***

**Contact Information**

---

| | |
|:---|:---|
| **Media:** | **Investor Relations:** |
| Simon Maine | Jason Fooks |
| Tel: +44 739 890 9278 | Tel: (212) 417-2442 |
| Email: simon.maine@brookfield.com | Email: jason.fooks@brookfield.com |

---

**About Brookfield Asset Management**

Brookfield Asset Management Ltd. (NYSE: BAM, TSX: BAM) is a leading global alternative asset manager, headquartered in New York, with over $1 trillion of assets under management across infrastructure, renewable power and transition, private equity, real estate, and credit. We invest client capital for the long-term with a focus on real assets and essential service businesses that form the backbone of the global economy. We offer a range of alternative investment products to investors around the world — including public and private pension plans, endowments and foundations, sovereign wealth funds, financial institutions, insurance companies and private wealth investors. We draw on Brookfield's heritage as an owner and operator to invest for value and generate strong returns for our clients, across economic cycles.

**Forward-Looking Statements**

*This news release contains "forward-looking statements" within the meaning of the U.S. Securities Act of 1933, the U.S. Securities Exchange Act of 1934, "safe harbor" provisions of the United States Private Securities Litigation Reform Act of 1995 and "forward-looking information" within the meaning of other relevant securities legislation, including applicable securities laws in Canada, which reflect our current views with respect to, among other things, our operations and financial performance (collectively, "forward-looking statements"*)*. You can identify these forward-looking statements by the use of words such as "outlook", "believe", "think", "expect", "potential", "continue", "may", "should", "seek", "approximately", "predict", "intend", "will", "plan", "estimate", "anticipate", the negative version of these words, other comparable words or other statements that do not relate strictly to historical or factual matters. These statements identify prospective information. Important factors could cause actual results to differ, possibly materially, from those indicated in these statements. Forward-looking statements are based on our beliefs, assumptions and expectations of our future performance, taking into account all information currently available to us. Such forward-looking statements are subject to risks and uncertainties and assumptions relating to our operations, financial results, financial condition, business prospects, growth strategy and liquidity. In particular, the forward-looking statements contained in this news release include statements referring to the offering, the expected use of proceeds from the offering and the expected closing date of the offering.*

*Although BAM believes that such forward-looking statements are based upon reasonable estimates, beliefs and assumptions, certain factors, risks and uncertainties, which are described from time to time in our documents filed with the securities regulators in Canada and the United States, not presently known to BAM, or that BAM currently believes are not material, could cause actual results or events to differ materially from those contemplated or implied by forward-looking statements. Reference should be made to "Item 1A - Risk Factors" and "Item 7 - Management's Discussion and Analysis of Financial Condition and Results of Operations - Forward-Looking Statements" in BAM's annual reports on Form 10-K, and to "Item 2 - Management's Discussion and Analysis of Financial Condition and Results of Operations" in BAM's most recently filed quarterly report on Form 10-Q.*

*Readers are urged to consider these risks, as well as other uncertainties, factors and assumptions carefully in evaluating the forward-looking statements and are cautioned not to place undue reliance on such forward-looking statements, which are based only on information available to us as of the date of this news release. Except as required by law, BAM undertakes no obligation to publicly update or revise any forward-looking statements, whether written or oral, that may be as a result of new information, future events or otherwise.*

## Exhibit 99.2

**Exhibit 99.2**

***A final base shelf prospectus containing important information relating to the securities described in this document has been filed with the securities regulatory authorities in each of the provinces of Canada. The final base shelf prospectus, any applicable shelf prospectus supplement and any amendment to the documents are accessible through SEDAR+. Copies of the documents may be obtained from Citigroup Global Markets Inc. by calling 1-800-831-9146 or by emailing prospectus@citi.com or from Wells Fargo Securities, LLC by calling 1-800-645-3751 or by emailing wfscustomerservice@wellsfargo.com.***

***This document does not provide full disclosure of all material facts relating to the securities offered. Investors should read the final base shelf prospectus, any applicable shelf prospectus supplement and any amendment to the documents for disclosure of those facts, especially risk factors relating to the securities offered, before making an investment decision.***

**BROOKFIELD ASSET MANAGEMENT LTD.**

**US$**[●] [●]**% NOTES DUE 2030**

**US$[●] [●]% NOTES DUE 2036**

**PRELIMINARY TERM SHEET**

**November** **13, 2025**

---

| | |
|:---|:---|
| **Issuer:** | Brookfield Asset Management Ltd. |
| **Security:** | [●]% Senior Unsecured Notes due November [●], 2030 (the "2030 Notes") <br>[●]% Senior Unsecured Notes due January [●], 2036 (the "2036 Notes" and, together with the 2030 Notes, the "Notes") |
| **Format:** | SEC registered |
| **Principal Amount:** | 2030 Notes: US$[●] <br>2036 Notes: US$[●] <br>One or more of the underwriters may sell to affiliates of Brookfield Wealth Solutions Ltd. and certain other institutional investors US$[●] aggregate principal amount (if any) of the 2030 Notes and US$[●] aggregate principal amount (if any) of the 2036 Notes at the public offering price (for which no underwriting discount or commissions will be paid). |
| **Trade Date:** | November 13, 2025 |
| **Expected Settlement Date:** | 2030 Notes: November 18, 2025 (T+3) <br>2036 Notes: November 18, 2025 (T+3) |

---

---

| | |
|:---|:---|
| **Maturity Date:** | 2030 Notes: November [●], 2030 <br>2036 Notes: January [●], 2036 |
| **Coupon:** | 2030 Notes: [●]% <br>2036 Notes: [●]% |
| **Interest Payment Dates:** | 2030 Notes: [●] and [●], commencing [●], 2026 <br>2036 Notes: [●] and [●], commencing [●], 2026 |
| **Price to Public:** | 2030 Notes: [●]% of the principal amount <br>2036 Notes: [●]% of the principal amount |
| **Benchmark Treasury:** | [The Spread to Benchmark Treasury, and any disclosure relating to the Spread to Benchmark Treasury, has been removed in accordance with subsection 9A.3(4) of National Instrument 44-102 – Shelf Distributions ("NI 44-102").] |
| **Benchmark Treasury Price & Yield:** | [The Spread to Benchmark Treasury, and any disclosure relating to the Spread to Benchmark Treasury, has been removed in accordance with subsection 9A.3(4) of NI 44-102.] |
| **Spread to Benchmark Treasury:** | [The Spread to Benchmark Treasury, and any disclosure relating to the Spread to Benchmark Treasury, has been removed in accordance with subsection 9A.3(4) of NI 44-102.] |
| **Yield:** | 2030 Notes: [●]% <br>2036 Notes: [●]% |
| **Denominations:** | Initial denominations of US$2,000 and subsequent multiples of US$1,000 |
| **Covenants:** | Change of control (put @ 101%) <br> Negative pledge<br> Consolidation, merger, amalgamation and sale of substantially all assets |
| **Optional Redemption Provisions:** |  |

---

---

| | |
|:---|:---|
| **Make-Whole Call:** | 2030 Notes: Prior to October [●], 2030 (one month prior to maturity), treasury rate *plus* [●] basis points <br>2036 Notes: Prior to October [●], 2035 (three months prior to maturity), treasury rate *plus* [●] basis points |
| **Par Call:** | 2030 Notes: At any time on or after October [●], 2030 (one month prior to maturity), at 100% of the principal amount of the 2030 Notes to be redeemed <br>2036 Notes: At any time on or after October [●], 2035 (three months prior to maturity), at 100% of the principal amount of the 2036 Notes to be redeemed |
| **Use of Proceeds:** | The net proceeds from the sale of the Notes will be used for general corporate purposes |
| **CUSIP / ISIN:** | 2030 Notes: 113004 AB1 / US113004AB12 2036 Notes: 113004 AC9 / US113004AC94 |
| **Joint Book-Running Managers<sup>1</sup>:** | Citigroup Global Markets Inc.<br> Wells Fargo Securities, LLC |
| **Co-Managers:** | [●] |

---

**Under Rule 15c6-1 under the U.S. Securities Exchange Act of 1934, trades in the secondary market generally are required to settle in one business day unless the parties to any such trade expressly agree otherwise. Accordingly, purchasers who wish to trade the Notes prior to the delivery of the Notes hereunder may be required, by virtue of the fact that the Notes initially will settle in T+3, to specify an alternative settlement cycle at the time of any such trade to prevent a failed settlement. Purchasers of the Notes who wish to trade the Notes prior to their date of delivery hereunder should consult their own advisors.**

 <sup>1</sup> This offering will be made in Canada by [●], a broker-dealer affiliate of [●].

**The 2030 Notes and the 2036 Notes will be issued as separate series of debt securities. The** **2030 Notes will be issued under a third supplemental indenture to be dated as of the date of the issuance of the 2030 Notes (the "Third Supplemental Indenture") to a base indenture dated as of April 24, 2025 (the "Base Indenture") (together with the Third Supplemental Indenture, the "2030 Indenture"), among Brookfield Asset Management Ltd., Computershare Trust Company of Canada, as Canadian trustee, and Computershare Trust Company, N.A., as U.S. trustee. The 2036 Notes will be issued under a fourth supplemental indenture to be dated as of the date of the issuance of the 2036 Notes (the "Fourth Supplemental Indenture") to the Base Indenture (together with the Fourth Supplemental Indenture, the "2036 Indenture"), among Brookfield Asset Management Ltd., Computershare Trust Company of Canada, as Canadian trustee, and Computershare Trust Company, N.A., as U.S. trustee. The 2030 Indenture and the 2036 Indenture are together referred to as the "Indenture". The foregoing is a summary of certain of the material attributes and characteristics of the Notes, which does not purport to be complete and is qualified in its entirety by reference to the Indenture.**

**No PRIIPs or UK PRIIPs key information document (KID) has been prepared as European Economic Area or UK retail investors are not targeted.**

## Exhibit 99.3

**Exhibit 99.3**

***A final base shelf prospectus containing important information relating to the securities described in this document has been filed with the securities regulatory authorities in each of the provinces of Canada. The final base shelf prospectus, any applicable shelf prospectus supplement and any amendment to the documents are accessible through SEDAR+. Copies of the documents may be obtained from Citigroup Global Markets Inc. by calling 1-800-831-9146 or by emailing prospectus@citi.com or from Wells Fargo Securities, LLC by calling 1-800-645-3751 or by emailing wfscustomerservice@wellsfargo.com.***

***This document does not provide full disclosure of all material facts relating to the securities offered. Investors should read the final base shelf prospectus, any applicable shelf prospectus supplement and any amendment to the documents for disclosure of those facts, especially risk factors relating to the securities offered, before making an investment decision.***

**BROOKFIELD ASSET MANAGEMENT LTD.**

**US$600,000,000 4.653% NOTES DUE 2030**

**US$400,000,000 5.298% NOTES DUE 2036**

**FINAL TERM SHEET**

**November** **13, 2025**

---

| | |
|:---|:---|
| **Issuer:** | &nbsp;&nbsp;Brookfield Asset Management Ltd. |
| **Security:** | &nbsp;&nbsp; 4.653% Senior Unsecured Notes due November 15, 2030 (the "2030 Notes")<br>5.298% Senior Unsecured Notes due January 15, 2036 (the "2036 Notes" and, together with the 2030 Notes, the "Notes") |
| **Format:** | &nbsp;&nbsp;SEC registered |
| **Principal Amount:** | &nbsp;&nbsp; 2030 Notes: US$600,000,000<br>2036 Notes: US$400,000,000 |
| **Trade Date:** | &nbsp;&nbsp;November 13, 2025 |
| **Expected Settlement Date:** | &nbsp;&nbsp; 2030 Notes: November 18, 2025 (T+3)<br>2036 Notes: November 18, 2025 (T+3) |
| **Maturity Date:** | &nbsp;&nbsp; 2030 Notes: November 15, 2030<br>2036 Notes: January 15, 2036 |
| **Coupon:** | &nbsp;&nbsp; 2030 Notes: 4.653%<br>2036 Notes: 5.298% |

---

---

| | |
|:---|:---|
| **Interest Payment Dates:** | &nbsp;&nbsp; 2030 Notes: May 15 and November 15, commencing May 15, 2026<br>2036 Notes: January 15 and July 15, commencing July 15, 2026 |
| **Price to Public:** | &nbsp;&nbsp; 2030 Notes: 100.000% of the principal amount<br>2036 Notes: 99.986% of the principal amount |
| **Benchmark Treasury:** | &nbsp;&nbsp;[The Spread to Benchmark Treasury, and any disclosure relating to the Spread to Benchmark Treasury, has been removed in accordance with subsection 9A.3(4) of National Instrument 44-102 – Shelf Distributions ("NI 44-102").] |
| **Benchmark Treasury Price & Yield:** | &nbsp;&nbsp;[The Spread to Benchmark Treasury, and any disclosure relating to the Spread to Benchmark Treasury, has been removed in accordance with subsection 9A.3(4) of NI 44-102.] |
| **Spread to Benchmark Treasury:** | &nbsp;&nbsp;[The Spread to Benchmark Treasury, and any disclosure relating to the Spread to Benchmark Treasury, has been removed in accordance with subsection 9A.3(4) of NI 44-102.] |
| **Yield:** | &nbsp;&nbsp; 2030 Notes: 4.653%<br>2036 Notes: 5.298% |
| **Denominations:** | &nbsp;&nbsp;Initial denominations of US$2,000 and subsequent multiples of US$1,000 |
| **Covenants:** | &nbsp;&nbsp; Change of control (put @ 101%)<br> Negative pledge<br> Consolidation, merger, amalgamation and sale of substantially all assets |
| **Optional Redemption Provisions:** |  |
| &nbsp;&nbsp;&nbsp;**Make-Whole Call:** | &nbsp;&nbsp; 2030 Notes: Prior to October 15, 2030 (one month prior to maturity), treasury rate *plus* 15 basis points<br>2036 Notes: Prior to October 15, 2035 (three months prior to maturity), treasury rate *plus* 20 basis points |
| &nbsp;&nbsp;&nbsp;**Par Call:** | &nbsp;&nbsp; 2030 Notes: At any time on or after October 15, 2030 (one month prior to maturity), at 100% of the principal amount of the 2030 Notes to be redeemed<br>2036 Notes: At any time on or after October 15, 2035 (three months prior to maturity), at 100% of the principal amount of the 2036 Notes to be redeemed |

---

---

| | |
|:---|:---|
| **Use of Proceeds:** | &nbsp;&nbsp;The net proceeds from the sale of the Notes will be used for general corporate purposes |
| **CUSIP / ISIN:** | &nbsp;&nbsp; 2030 Notes: 113004 AB1 / US113004AB12<br>2036 Notes: 113004 AC9 / US113004AC94 |
| **Joint Book-Running Managers<sup>1</sup>:** | &nbsp;&nbsp; Citigroup Global Markets Inc.<br> Wells Fargo Securities, LLC<br> BNP Paribas Securities Corp.<br> Mizuho Securities USA LLC |
| **Co-Managers:** | &nbsp;&nbsp; BMO Capital Markets Corp.<br> Brookfield Securities LLC<br> CIBC World Markets Corp.<br> Credit Agricole Securities (USA) Inc.<br> J.P. Morgan Securities LLC<br> RBC Capital Markets, LLC<br> Santander US Capital Markets LLC<br> Scotia Capital (USA) Inc.<br> SMBC Nikko Securities America, Inc.<br> TD Securities (USA) LLC |

---

**Under Rule 15c6-1 under the U.S. Securities Exchange Act of 1934, trades in the secondary market generally are required to settle in one business day unless the parties to any such trade expressly agree otherwise. Accordingly, purchasers who wish to trade the Notes prior to the delivery of the Notes hereunder may be required, by virtue of the fact that the Notes initially will settle in T+3, to specify an alternative settlement cycle at the time of any such trade to prevent a failed settlement. Purchasers of the Notes who wish to trade the Notes prior to their date of delivery hereunder should consult their own advisors.**

**The 2030 Notes and the 2036 Notes will be issued as separate series of debt securities. The** **2030 Notes will be issued under a third supplemental indenture to be dated as of the date of the issuance of the 2030 Notes (the "Third Supplemental Indenture") to a base indenture dated as of April 24, 2025 (the "Base Indenture") (together with the Third Supplemental Indenture, the "2030 Indenture"), among Brookfield Asset Management Ltd., Computershare Trust Company of Canada, as Canadian trustee, and Computershare Trust Company, N.A., as U.S. trustee. The 2036 Notes will be issued under a fourth supplemental indenture to be dated as of the date of the issuance of the 2036 Notes (the "Fourth Supplemental Indenture") to the Base Indenture (together with the Fourth Supplemental Indenture, the "2036 Indenture"), among Brookfield Asset Management Ltd., Computershare Trust Company of Canada, as Canadian trustee, and Computershare Trust Company, N.A., as U.S. trustee. The 2030 Indenture and the 2036 Indenture are together referred to as the "Indenture". The foregoing is a summary of certain of the material attributes and characteristics of the Notes, which does not purport to be complete and is qualified in its entirety by reference to the Indenture.**

**No PRIIPs or UK PRIIPs key information document (KID) has been prepared as European Economic Area or UK retail investors are not targeted.**

<sup>1</sup> This offering will be made in Canada by Citigroup Global Markets Canada Inc., a broker-dealer affiliate of Citigroup Global Markets Inc. and Wells Fargo Securities Canada, Ltd., a broker-dealer affiliate of Wells Fargo Securities, LLC.