Press Releases June 18, 2026 05:15 PM

Brookfield Business Corporation Announces Results of Annual Meeting of Shareholders

Brookfield Business Corporation holds successful annual shareholders meeting with all board nominees elected

By Nina Shah
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Brookfield Business Corporation announced the results of its annual general meeting held virtually on June 18, 2026. All seven proposed nominees for the board of directors were elected by shareholders, reflecting strong support with votes exceeding 98% for each candidate. The company, a global operator of industrial and business services, continues its strategy of acquiring market-leading businesses and improving operational cash flows under the umbrella of Brookfield Asset Management.

Brookfield Business Corporation Announces Results of Annual Meeting of Shareholders
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Key Points

  • All seven nominees were elected to the board with over 98% shareholder approval, indicating strong governance stability.
  • The meeting was held virtually, allowing broad participation from holders of Class A and Class B shares.
  • Brookfield Business Corporation operates in industrial and business services sectors, focusing on value acquisition and cash flow growth within the private equity structure of Brookfield Asset Management.

BROOKFIELD, NEWS, June 18, 2026 (GLOBE NEWSWIRE) -- Brookfield Business Corporation (the “Corporation”) (NYSE, TSX: BBUC) today announced that all seven nominees proposed for election to the board of directors of the Corporation by holders of Class A Subordinate Voting Shares (“Class A Shares”) and holders of Class B Multiple Voting Shares (“Class B Shares”) were elected at the Corporation’s annual general meeting of shareholders held on June 18, 2026 in a virtual meeting format. Detailed results of the vote for the election of directors are set out below.

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 Class A Shares and Class B Shares, voting together as a single class, in regard to the election of the seven directors:

Director NomineeVotes For%Votes Withheld%Cyrus Madon799,309,202  98.819,617,720  1.19Jeffrey Blidner798,044,218  98.6510,882,704  1.35David Court806,262,464  99.672,664,458  0.33Stephen Girsky799,558,183  98.849,368,739  1.16Paul Farrell808,694,328  99.97232,594  0.03Lori Pearson798,845,607  98.7510,081,315  1.25Patricia Zuccotti808,790,386  99.98136,536  0.02


A summary of all votes cast by holders of the Class A Shares and Class B Shares represented at the Corporation’s annual meeting of shareholders is available on SEDAR+ at www.sedarplus.ca.

Brookfield Business Corporation (NYSE, TSX: BBUC) is a global owner and operator of vital industrial and business services operations. Our objective is to acquire market-leading businesses for value, execute our operational improvement plans to increase cash flows, and recycle capital to compound long-term growth. For more information, please visit https://bbuc.brookfield.com.

Brookfield Business Corporation is the flagship listed vehicle of Brookfield Asset Management’s Private Equity Group. Brookfield Asset Management is a leading global alternative asset manager with over $1 trillion of assets under management.

For more information, please contact:

Media:Investors:Marie FullerAlan FlemingTel: +44 207 408 8375Tel: +1 (416) 645-2736Email: [email protected]: [email protected]

Risks

  • Concentration of voting power: Class B shares represent 75% of total votes, which may limit influence of Class A shareholders and could affect future minority shareholder interests.
  • Dependence on private equity market conditions impacting asset acquisition and capital recycling activities.
  • General operational risks associated with managing a diverse portfolio of industrial and business services companies within global markets.

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