Mandatory Conversion | BROOKFIELD BUSINESS PARTNERS | 1st April 2026

On March 16, 2026 BROOKFIELD BUSINESS PARTNERS announced that they received all required approvals to complete the previously announced corporate simplification to convert into one publicly traded Canadian corporation. All BBU limited partnership units, BBUC Class A exchangeable shares and redemption-exchange units held by Brookfield will be exchanged for newly issued Class A shares of the new Canadian corporation on a one-for-one basis. The Class A Shares of New BBUC will be listed on March 31, 2026 in substitution for the LP Units of BBU and the Exchangeable Shares of BBUC, both of which will be delisted effective at March 31 (open).

The treatment below will be applied to the following indices:

• BROOKFIELD BUSINESS PARTNERS will be removed from the Index.
• The shares of BROOKFIELD BUSINESS CORPORATION (BBUC.TO) will be increased according to the stock terms of the transaction.
• Effective Date (open): 01/04/2026

Solactive Equal Weight Canada Industrials Index