Partners Value Split Corp. to Redeem Its Class AA Preferred Shares, Series 9

TORONTO, Sept. 19, 2025 (GLOBE NEWSWIRE) -- Partners Value Split Corp. (the “Company”) announced today its intention to redeem all of its 5,996,800 outstanding Class AA Preferred Shares, Series 9 (“Preferred Shares, Series 9”) for cash on October 6, 2025 (the “Redemption Date”) in accordance with the terms of the Preferred Shares, Series 9.

The redemption price per Preferred Share, Series 9 will be equal to C$25.00 per share plus accrued and unpaid dividends of C$0.12 per share to October 5, 2025, representing a total redemption price of C$25.12 per share (the “Redemption Price”).

Notice has been delivered to holders of the Preferred Shares, Series 9 in accordance with the terms of the Preferred Shares, Series 9.

From and after the Redemption Date, the Preferred Shares, Series 9 will cease to be entitled to dividends or any other participation in any distribution of the assets of the Company and the holders thereof shall not be entitled to exercise any of their rights as shareholders in respect thereof except to receive the Redemption Price (less any tax required to be deducted and withheld by the Company). After the redemption of the Preferred Shares, Series 9, the Company will consolidate the existing capital shares held by Partners Value Investments Inc. so that there are an equal number of preferred shares and capital shares outstanding.

About Partners Value Split Corp.

The Company owns a portfolio consisting of approximately 120 million Class A Limited Voting Shares of Brookfield Corporation and approximately 25 million Class A Limited Voting Shares of Brookfield Asset Management Ltd. (collectively, the “Brookfield Shares”) which are expected to yield quarterly dividends that are sufficient to fund quarterly fixed cumulative preferential dividends for the holders of the Company’s preferred shares and to enable the holders of the Company’s capital shares to participate in any capital appreciation of the Brookfield Shares.

Brookfield Corporation is a leading global investment firm focused on building long-term wealth for institutions and individuals around the world. Brookfield Corporation has three core businesses: alternative asset management, wealth solutions, and its operating businesses which are in renewable power, infrastructure, business and industrial services, and real estate. Brookfield Corporation is listed on the New York Stock Exchange and Toronto Stock Exchange under the symbol BN.