Mr. David Levi reports

ALPER DAGLIOGLU JOINS BROOKFIELD AS HEAD OF INVESTMENT SOLUTIONS GROUP

Industry leader Alper Daglioglu has joined Brookfield Asset Management Ltd. to lead the firm's newly formed investment solutions group (ISG). Howard Marks, co-chairman of Oaktree Capital Management LP, will serve as chair of ISG.

Focused on delivering innovative solutions to institutional, private wealth and family office clients across the globe, ISG will develop tailored multiasset portfolio solutions that leverage Brookfield's full suite of investment capabilities across renewable power and transition, infrastructure, private equity, real estate, and credit. It will also leverage the strategies of its partner manager firms, including Oaktree, Castlelake, Primary Wave and Pinegrove Capital Partners, among others.

Prior to joining Brookfield, Mr. Daglioglu spent more than two decades at Morgan Stanley in a variety of roles. He most recently served as head of portfolio and investment manager solutions, which encompasses all asset manager research, family investments and an outsourced CIO (chief information officer) business.

Mr. Daglioglu, Brookfield managing partner and head of ISG, said: "I'm thrilled to be joining Brookfield, a leader in the alternatives space with an impressive long-term track record. With alternative investments playing an increasingly vital role in portfolios, we are uniquely positioned to offer our wide-ranging capabilities to a broad array of clients. I look forward to collaborating across the Brookfield ecosystem to deliver tailored solutions to meet our clients' unique investing objectives."

Mr. Marks, co-chairman of Oaktree, said: "I see an important role for asset managers who provide institutions, families and financial intermediaries with multistrategy portfolio solutions as opposed to having business models which focus only on single investment products. No one is better suited to contribute to that process than Alper Daglioglu. I'm very happy to be joining with him on this effort."

David Levi, chief executive officer of Brookfield's global client group, said: "Increasingly, our clients want to do more with fewer managers, taking a more strategic approach to developing deeper partnerships, gaining better insights and creating greater value. We expect this trend to accelerate in the coming years, and we are pleased to welcome Alper to Brookfield to spearhead this important initiative."

About Brookfield Asset Management Ltd.

Brookfield Asset Management is a leading global alternative asset manager, headquartered in New York, with over $1-trillion of assets under management across renewable power and transition, infrastructure, private equity, real estate and credit. Brookfield Asset Management invests client capital for the long term with a focus on real assets and essential service businesses that form the backbone of the global economy. Brookfield Asset Management offers 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. Brookfield Asset Management draws on Brookfield's heritage as an owner and operator to invest for value and generate strong returns for its clients, across economic cycles.