Brookfield Asset Management Ltd. Annual Report, Year Ended Dec 31, 2023

Brookfield Asset Management Ltd. (BAM) has filed its annual report on Form 40-F for the fiscal year ended December 31, 2023. This filing primarily incorporates by reference key documents, including the Annual Information Form, Management's Discussion and Analysis (MD&A), and Consolidated Financial Statements. Investors should note that BAM elected not to use the extended transition period for new accounting standards, indicating a commitment to current reporting practices. The company also affirmed the effectiveness of its disclosure controls and procedures and internal control over financial reporting as of December 31, 2023, with no material weaknesses identified. Deloitte LLP provided an unqualified attestation report on internal controls. The report highlights the company's corporate governance structure, including the independence of a majority of its board of directors and the qualifications of its audit committee members. BAM has adopted a Code of Business Conduct and Ethics and adheres to NYSE corporate governance guidelines, with specific disclosures regarding its engagement with shareholders and the communication channels available for addressing concerns. While generally following NYSE rules, BAM notes its intention to follow TSX listing rules for private placements, which may offer less stringent shareholder approval thresholds compared to NYSE domestic issuers.