BOH completes acquisition of Oaktree partnerships; new CEO and board appointed

Brookfield Oaktree Holdings, LLC

Acquired all limited partnership interests and equity awards of OCGH, OEP, OEP II for cash, BAM/BN shares, ExchangeCo LP interests, and BAM RSUs.
Disposed Oaktree Capital I GP to Brookfield US Company LLC for fair market value consideration.
All prior directors (including Howard Marks, Bruce Karsh) resigned; new directors Matt Herrington, Karly Dyck, Kunal Dusad, Brett Fox, Aleks Novakovic appointed; board reduced from 10 to 5.
CEO Nicholas Goodman and CFO Daniel Levin replaced by Matt Herrington (CEO) and Karly Dyck (CFO/Secretary); both are Brookfield executives and receive no BOH compensation.
Operating agreement amended to reflect new governance; indirect ownership interests in Oaktree fund GP commitments transferred from BN to Brookfield Wealth Solutions affiliates.

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