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Brookfield BUSINESS CORPORATION

 

REPORT OF VOTING RESULTS

 

Annual Meeting of Shareholders
June 18, 2026

 

National Instrument 51-102 – Section 11.3 (Canada)

 

The annual general meeting of shareholders of Brookfield Business Corporation (the “Corporation”) was held on Thursday, June 18, 2026 at 9:00 a.m. in a virtual meeting format (the “Meeting”). At the Meeting, shareholders holding 190,757,827 Class A Subordinate Voting Shares (“Class A Shares”), representing 92.38% of the Corporation’s 206,492,638 issued and outstanding Class A Shares on the record date for the Meeting, and four class B multiple voting shares (“Class B Shares”), representing 100% of the Corporation’s issued and outstanding Class B Shares on the record date for the Meeting, were represented in person or by proxy.

 

In accordance with the Corporation’s articles, each Class A Share was entitled to one vote per share, representing a 25% voting interest in the Corporation in the aggregate, and the Class B Shares were entitled to a total of 619,477,914 votes in the aggregate, representing a 75% voting interest in the Corporation.

 

The following is a summary of the votes cast by holders of the Class A Shares and Class B Shares represented at the Meeting, voting together as a single class.

 

Election of Directors

 

All of the seven nominees proposed by management for election to the board of directors of the Corporation were nominated and elected at the Meeting by acclamation. As indicated below, each director elected at the Meeting also received a majority of the proxy votes cast for and withheld from voting for the individual director:

 

Director Nominee  Votes For  %  Votes Withheld  %
Cyrus Madon  799,309,202  98.81%  9,617,720  1.19%
Jeffrey Blidner  798,044,218  98.65%  10,882,704  1.35%
David Court  806,262,464  99.67%  2,664,458  0.33%
Stephen Girsky  799,558,183  98.84%  9,368,739  1.16%
Paul Farrell  808,694,328  99.97%  232,594  0.03%
Lori Pearson  798,845,607  98.75%  10,081,315  1.25%
Patricia Zuccotti  808,790,386  99.98%  136,536  0.02%

 

 

 

 

Appointment of Auditors

 

The resolution to reappoint Deloitte LLP, as the external auditor of the Corporation to hold office until the next annual general meeting of shareholders and to authorize the directors to fix the remuneration to be paid to the external auditor was approved by the majority of both the holders of Class A Shares and Class B Shares, voting together as a single class:

 

  Votes For  %  Votes Withheld  %
  810,179,341  99.99%  56,400  0.01%

 

Other Business

 

There were no other matters coming before the Meeting that required a vote by either the holders of Class A Shares or Class B Shares.

 

Dated: June 18, 2026

 

  BROOKFIELD BUSINESS CORPORATION
   
  By: /s/ A.J. Silber
    Name: A.J. Silber
    Title: Managing Director and General Counsel