Brookfield Wealth Solutions Elects New Directors at Meeting
Brookfield Wealth Solutions Elects New Directors
BROOKFIELD, NEWS -- Brookfield Wealth Solutions (NYSE, TSX: BNT) held its recent annual general and special meeting, celebrating a successful approval of all business items on the agenda. The meeting took place in a convenient virtual format, allowing shareholders to participate comfortably from their own locations.
Election of Directors
During the meeting, shareholders had the opportunity to voice their opinions through the election of directors. All five nominees presented for election to the board by holders of class A exchangeable limited voting shares were successfully elected. Additionally, all five nominees for the board proposed by the holder of class B limited voting shares also secured their positions.
Results of the Vote
Gathering shareholder proxies was a key task for management. The results for the election reflected strong support for the nominees:
- Dr. Soonyoung Chang received 23,747,124 votes with 99.17% in favor.
- William Cox garnered 22,970,300 votes, representing 95.92% approval.
- Michele Coleman Mayes was voted in with 23,696,733 votes, gaining 98.96% of support.
- Lars Rodert secured 23,273,435 votes, equating to 97.19% approval.
- Anne Schaumburg achieved 23,678,628 votes, or 98.88% in favor.
Proxy Votes from Class B Shareholders
In addition to class A shareholders, the holder of class B shares, which total 24,000, cast their votes in favor of the nominees: Barry Blattman, Gregory Morrison, Lori Pearson, Sachin Shah, and Jay Wintrob.
Approval of Other Matters
The meeting proceeded to discuss several other important matters, all of which received approval from the shareholders in attendance. A complete summary of all votes cast will be made available electronically on EDGAR via the United States Securities and Exchange Commission’s website. You can also find the information on the SEDAR profile of Brookfield Wealth Solutions.
About Brookfield Wealth Solutions
Brookfield Wealth Solutions Ltd. (NYSE, TSX: BNT) is dedicated to ensuring financial stability for individuals and institutions. They offer a comprehensive suite of retirement services, wealth protection products, and tailored capital solutions, aiming to meet a wide range of financial needs. Notably, each class A exchangeable limited voting share of Brookfield Wealth Solutions can be exchanged on a one-for-one basis for a class A limited voting share of Brookfield Corporation (NYSE, TSX: BN).
Contact and Further Information
For further inquiries or information about Brookfield Wealth Solutions, please reach out to the contacts below:
Media Contact
Kerrie McHugh
Tel: (212) 618-3469
Email: kerrie.mchugh@brookfield.com
Investor Relations
Rachel Schneider
Tel: (416) 369-3358
Email: rachel.schneider@brookfield.com
Frequently Asked Questions
What is the purpose of the annual general meeting?
The annual general meeting allows shareholders to vote on important matters, including the election of directors and other significant company issues.
Who were the newly elected directors?
The newly elected directors include Dr. Soonyoung Chang, William Cox, Michele Coleman Mayes, Lars Rodert, and Anne Schaumburg.
What percentage of votes were in favor of the directors?
Each of the elected directors received a high percentage of support, ranging from 95.92% to 99.17%.
Where can I find the vote results?
Detailed results of the votes will be available on EDGAR and the company's SEDAR profile.
What services does Brookfield Wealth Solutions provide?
Brookfield Wealth Solutions offers a variety of retirement services, wealth protection products, and personalized capital solutions to ensure financial security for individuals and institutions.
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