EX-99.2 3 exh_992.htm EXHIBIT 99.2

Exhibit 99.2

 

Brookfield Asset Management Inc.

 

REPORT ON VOTING RESULTS

 

Annual Meeting of Shareholders

June 10, 2022

 

 

 

 

 

National Instrument 51-102 – Section 11.3 (Canada)

 

 

 

The Annual Meeting of Shareholders of Brookfield Asset Management Inc. (the “Corporation”) was held on Friday, June 10, 2022 at 10:30 a.m. in a virtual meeting format via live audio webcast. At this meeting, there were 352 shareholders represented in person or by proxy holding 1,222,494,558 Class A Limited Voting Shares (“Class A Shares”), representing 74.48% of the Corporation’s 1,641,394,821 issued and outstanding Class A Shares on the record date for this meeting, and one shareholder holding 85,120 Class B Limited Voting Shares (“Class B Shares”), representing 100% of the Corporation’s 85,120 issued and outstanding Class B Shares.

 

The following is a summary of the votes cast by holders of the Class A Shares and Class B Shares represented at this meeting.

 

Election of Directors

 

All of the 16 nominees proposed by management for election to the Board of Directors of the Corporation were nominated and elected at this meeting by acclamation. As indicated below, each director elected at this meeting also received a majority of the proxy votes cast for and withheld from voting for the individual director.

 

Management received the following proxies from holders of Class A Shares in regard to the election of the eight directors nominated for election by this class of shareholders:

 

Director Nominee Votes For % Votes Withheld %
M. Elyse Allan 1,180,227,988 99.46 6,420,837 0.54
Angela F. Braly 1,179,597,273 99.41 7,051,552 0.59
Janice Fukakusa 1,177,393,622 99.22 9,255,203 0.78
Maureen Kempston Darkes 1,131,339,977 95.34 55,308,848 4.66
Frank J. McKenna 1,054,226,188 88.84 132,422,637 11.16
Hutham S. Olayan 1,181,582,738 99.57 5,066,087 0.43
Seek Ngee Huat 1,176,149,216 99.12 10,499,609 0.88
Diana L. Taylor 1,136,392,688 95.76 50,256,137 4.24

 

Management received a proxy from the holder of Class B Shares to vote all 85,120 Class B Shares for each of the eight directors nominated for election by this shareholder class, namely Jeffrey M. Blidner, Jack L. Cockwell, Marcel R. Coutu, Bruce Flatt, Brian D. Lawson, Howard S. Marks, Rafael Miranda and Lord O’Donnell.

 

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Appointment of Auditors

 

The resolution to reappoint Deloitte LLP, Chartered Accountants, as the external auditor of the Corporation to hold office until the next Annual 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.

 

Management received the following proxies from the holders of Class A Shares and Class B Shares on this resolution:

 

Class Outcome Votes For % Votes Withheld %
Class A Shares Carried 1,139,744,133 93.23 82,750,425 6.77
Class B Shares Carried 85,120 100.0 Nil Nil

 

Passing an Advisory Resolution on the Corporation’s Approach to Executive Compensation

 

The resolution passing an advisory resolution on the Corporation’s Approach to Executive Compensation, as set out in the Management Information Circular dated April 28, 2022, was approved by the majority of the holders of Class A Shares.

 

Management received the following proxies from the holders of Class A Shares on this resolution:

 

Class Outcome Votes For % Votes Against %
Class A Shares Carried 1,079,090,475 90.94 107,558,345 9.06

 

Against the Shareholder Resolution in Support of Shareholder Proposal

 

The resolution approving the Shareholder Proposal submitted by the B.C. General Employees’ Union General Fund and the B.C. General Employees’ Union Strike Fund, as set out in the Management Information Circular dated April 28, 2022, was declined by the majority of both the holders of Class A Shares and Class B Shares.

 

Management received the following proxies from the holders of Class A Shares and Class B Shares on this resolution:

 

Class Votes For % Votes Against %
Class A Shares 206,908,714 17.44 979,740,103 82.56
Class B Shares Nil Nil 85,120 100.0

 

 

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Other Business

 

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

 

 

  BROOKFIELD ASSET MANAGEMENT INC.
 

 

/s/ Justin B. Beber

 

Justin B. Beber

  Managing Partner, Head of Corporate Strategy & Chief Legal Officer

 

Date: June 13, 2022