Brookfield Oaktree Holdings, LLC (BOH) entered into a Transaction Agreement on April 14, 2026, to acquire all outstanding limited partnership interests and equity awards of Oaktree Capital Group Holdings, L.P. (OCGH), Oaktree Equity Plan, L.P. (OEP), and Oaktree Equity Plan II, L.P. (OEP II). Consideration for the acquisition includes a mix of cash, Class A Limited Voting Shares of Brookfield Asset Management Ltd. (BAM), Class A Limited Voting Shares of Brookfield Corporation (BN), limited partnership interests of ExchangeCo, and/or BAM restricted stock units (RSUs). Brookfield US Company LLC will acquire all outstanding limited liability company interests in Oaktree Capital I GP, LLC from Oaktree Capital Holdings, LLC. The transaction is subject to customary closing conditions, including regulatory approvals and the absence of legal prohibitions. The agreement includes a termination date of January 14, 2027, if the transaction has not closed by that time.