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SCHEDULE 13D/A 0001001085 XXXXXXXX LIVE 5 Class A exchangeable subordinate voting shares, no par value 01/16/2026 false 0001871130 11259V106 Brookfield Business Corporation 250 VESEY STREET 15TH FLOOR NEW YORK NY 10281 Swati Mandava (416) 363-9491 Brookfield Corporation, Brookfield Place 181 Bay Street, Suite 100 Toronto A6 M5J 2T3 0001001085 N BROOKFIELD CORPORATION b OO N A6 0.00 47244876.00 0.00 47244876.00 47244876.00 N 68.5 CO In reference to Rows 8, 10 and 11 above, this amount for Brookfield Corporation ("BN") includes 36,927,129 class A exchangeable subordinate voting shares (the "Class A Shares") of Brookfield Business Corporation (the "Issuer" or "BBUC") held by BPEG BN Holdings LP ("BPEG") and other subsidiaries of BN and 10,317,742 Class A Shares held by wholly-owned subsidiaries of Brookfield Wealth Solutions Ltd., a paired entity to BN ("BNT"). In reference to Row 13 above, percentage ownership is based on an aggregate number of outstanding Class A Shares of 68,977,473 as of January 15, 2026. 0001861643 N BAM PARTNERS TRUST b OO N A6 0.00 47244876.00 0.00 47244876.00 47244876.00 N 68.5 CO In reference to Rows 8, 10 and 11 above, this amount includes 47,244,876 Class A Shares beneficially owned by BN and includes Class A Shares held by wholly-owned subsidiaries of BNT. In reference to Row 13 above, percentage ownership is based on an aggregate number of outstanding Class A Shares of 68,977,473 as of January 15, 2026. Y BPEG BN HOLDINGS LP b OO N A6 0.00 23180542.00 0.00 23180542.00 23180542.00 N 33.6 PN In reference to Row 13 above, percentage ownership is based on an aggregate number of outstanding Class A Shares of 68,977,473 as of January 15, 2026. 0001654795 N BROOKFIELD BUSINESS PARTNERS LP b OO N D0 0.00 0.00 0.00 0.00 0.00 N 0 OO In reference to Row 13 above, Brookfield Business Partners L.P. ("BBU") and its affiliates beneficially own all of the issued and outstanding class B multiple voting shares of the Issuer, which represent a 75% voting interest in the Issuer. 0001819045 N BROOKFIELD BUSINESS PARTNERS LIMITED b OO N D0 0.00 0.00 0.00 0.00 0.00 N 0 OO In reference to Row 13 above, Brookfield Business Partners Limited is the general partner of BBU. BBU and its affiliates beneficially own all of the issued and outstanding class B multiple voting shares of the Issuer, which represent a 75% voting interest in the Issuer. Class A exchangeable subordinate voting shares, no par value Brookfield Business Corporation 250 VESEY STREET 15TH FLOOR NEW YORK NY 10281 Explanatory Note This Amendment No. 5 (this "Amendment No. 5") amends and supplements the Schedule 13D originally filed on March 24, 2022 (and as amended through Amendment No. 4 thereto, the "Schedule 13D") to reflect the transactions as described in Item 4 of this Amendment No. 5. Unless otherwise indicated, all references to "$" in this Schedule 13D are to U.S. dollars. Information and defined terms reported in the original Schedule 13D remain in effect except to the extent amended or superseded by information or defined terms contained in this Amendment No. 5. Item 4 of the original Schedule 13D is hereby supplemented as follows: On January 16, 2026, wholly-owned subsidiaries of BN (the "BN Parties") terminated the financing arrangements described in Item 4 of Amendment No. 3 that were entered into on September 26, 2025 and September 29, 2025 with wholly-owned subsidiaries of Brookfield Wealth Solutions Ltd., a paired entity to BN (the "BNT Parties"). In connection with the termination of the financing arrangements, and in accordance with their terms, the BNT Parties transferred an aggregate of 24,289,723 Class A Shares to the BN Parties in exchange for an aggregate cash payment of $406,615,283.33. Item 5(a) - (c) of the original Schedule 13D is hereby amended and restated as follows: (a)-(b) The information relating to the beneficial ownership of the Class A Shares by each of the Reporting Persons set forth in Rows 7 through 13 of the cover pages hereto is incorporated by reference herein. The percentage of Class A Shares of the Issuer is based on an aggregate number of Class A Shares of 68,977,473 outstanding as of January 15, 2026, and includes (as applicable) Class A Shares beneficially owned by wholly-owned subsidiaries of BNT as described in Item 4 of Amendment No. 1 and subject to the voting arrangements described in Item 4 of Amendment No. 1. Other than the transactions described in Item 4 herein, there have been no transactions by the Reporting Persons in the Class A Shares during the past 60 days. BROOKFIELD CORPORATION /s/ Swati Mandava Swati Mandava, Managing Director, Legal and Regulatory 01/16/2026 BAM PARTNERS TRUST /s/ Kathy Sarpash Kathy Sarpash, Secretary, BAM CLASS B PARTNERS INC., trustee to BAM PARTNERS TRUST 01/16/2026 BPEG BN HOLDINGS LP /s/ A.J. Silber A.J. Silber, Director, BROOKFIELD PRIVATE EQUITY INC., general partner of BPEG BN HOLDINGS LP 01/16/2026 BROOKFIELD BUSINESS PARTNERS LP /s/ Jane Sheere Jane Sheere, Secretary, BROOKFIELD BUSINESS PARTNERS LIMITED, general partner of BROOKFIELD BUSINESS PARTNERS L.P. 01/16/2026 BROOKFIELD BUSINESS PARTNERS LIMITED /s/ Jane Sheere Jane Sheere, Secretary 01/16/2026