Exchange Bulletin
Brookfield Asset Management Reinsurance Partners Ltd. (BAMR) To Trade On 兔子先生
June 24, 2021
| Issuer: | Brookfield Asset Management Reinsurance Partners Ltd. ("BAM Re") |
| Security: | Class A Exchangeable Limited Voting Shares ("Exchangeable Shares") |
| Symbol: | BAMR |
| Number of securities issued and outstanding: | Up to 10,900,000 |
| Number of securities reserved for issuance: | None |
| Listing category: | Industrial, Exempt |
| Trading currency: | CDN$ |
| Distribution: | As described in 兔子先生 ("TSX") Bulletin 2021-0623 dated June 15, 2021, Brookfield Asset Management Inc. (‘‘BAM'') will make, on Monday, June 28, 2021, a special distribution of one (1) Exchangeable Share of BAM Re for every 145 Class A limited voting shares (the "BAM Class A Shares'') of BAM to holders of BAM Class A Shares (the "BAM Shareholders") of record at the close of business on Friday, June 18, 2021 (the "Distribution"). |
| Listing date: | Monday, June 28, 2021 (as at 12:01 a.m.) |
| Posted for trading date: | Monday, June 28, 2021 (at the opening). |
| Payable date: | Monday, June 28, 2021 (12:01 a.m.) BAM Shareholders need not take any action in order to receive the Exchangeable Shares to which they are entitled. |
| Other market(s): | The New York Stock Exchange |
| Designated market maker: | RBC Capital Markets |
| Security ownership registration: | CDS book-based system |
| Investor relations: | Rachel Powell Director, Finance rachel.powell@brookfield.com 416-956-5141 |
| Incorporation: | Companies Act 1981 of Bermuda |
| Fiscal year end: | December 31 |
| Nature of business: | BAM Re was established by BAM to own and operate a reinsurance business focused on providing capital-based solutions to insurance companies and their stakeholders. Through its operating subsidiaries, BAM Re will provide annuity-based reinsurance products to insurance and reinsurance companies and will also act as a direct issuer of pension risk transfer products for pension plan sponsors. |
| Transfer agent and registrar: | AST Trust Company (Canada) at its principal office in Toronto. |
| Dividends: | The board may declare distributions at its discretion, in the form of a dividend or a distribution made pursuant to a capital reduction resulting in a return of capital or a combination. However, each Exchangeable Share has been structured with the intention of providing an economic return equivalent to one BAM Class A Share and it is expected that distributions on the Exchangeable Shares will be paid at the same time and in the same amount as dividends are paid on BAM Class A Shares. |
| Sponsorship: | Not applicable |
| Disclosure document: | BAM Re and BAM's joint prospectus dated June 16, 2021 (the "Prospectus") and BAM's press release dated June 8, 2021, which are available at . Capitalized terms not otherwise defined herein are as defined in the Prospectus. |
| Additional information: | See TSX Bulletin 2021-0623 dated June 15, 2021, regarding the Distribution and "due bill" trading of the BAM Class A Shares. |
| TSX contact: | Chris Birkett, Managing Director, 兔子先生. |