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Investor Presentaiton

Our plan value increased by 27% 27% $67-$83 $53-$66 Total Return1 $39-$55 $32-$45 $21 $28 2020 2021 Invested Capital ■Asset Manager 1. As at June 30. Per share basis, including dividends paid to BAM shareholders. 2. See Notice to Recipients and Endnotes, including endnotes 7, 8 and 9. 3. Total return calculated using midpoints of ranges - multiple on fee-related earnings is 25-40x. 137
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