Brookfield Investment Outlook

Selective Strategic Acquisitions Can Accelerate Growth A strategic acquisition of an asset manager would be incremental to BAM'S organic five-year growth targets + New Asset Classes Technology Healthcare Specialty Finance Consumer Brands Secondaries Geographical Operational Capabilities Brookfield Access to Complementary LPs Mid-Market U.S. Pensions European LPs Any acquisition activity or inorganic growth will only add to our double-digit return targets 14

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