Partners Value Split completes US$125,000,000 public offering of Class AA preferred shares, Series 17

On November 13, 2025, Partners Value Split Corp. (“Partners Value”) announced that it completed the issuance of 5,000,000 Class AA preferred shares, Series 17 at an offering price of US$25.00 per share, for gross proceeds of US$125,000,000. The issuance included 1,000,000 Series 17 Preferred Shares issued pursuant to the exercise, in full, of the underwriters’ option granted to the underwriters in the offering. The preferred shares carry quarterly fixed cumulative preferential dividends representing a 5.25% annualized yield on the offering price and have a final maturity of January 31, 2033.

Net proceeds of the offering will be used by Partners Value Split to make distributions to the holder of its capital shares.

Further information can be found on Globe Newswire’s website.

Partners Value Split owns a portfolio consisting of approximately 179 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 Securities”) which generate cash flow through dividend payments that fund quarterly fixed cumulative preferential dividends for the holders of the company's preferred shares, and provide the holders of the company's capital shares the opportunity to participate in any capital appreciation in the Brookfield Securities.