Brookfield Asset Management Inc.
TSX : BAM.A
NYSE : BAM
EURONEXT : BAMA

Brookfield Asset Management Inc.

June 17, 2016 16:30 ET

Brookfield Asset Management Announces Say on Pay Results and Election of Directors

BROOKFIELD, NEWS--(Marketwired - June 17, 2016) - Brookfield Asset Management Inc. (TSX:BAM.A)(NYSE:BAM)(EURONEXT:BAMA) today announced that at the company's annual meeting of shareholders held earlier today in Toronto, approximately 95% of Class A Limited Voting Shares ("Class A Shares") voted in favour of an advisory vote approving the company's approach to executive compensation.

In addition, at the meeting all eight nominees proposed for election to the board of directors by holders of Class A Shares and all eight nominees proposed for election to the board of directors by the holder of Class B Limited Voting Shares ("Class B Shares") were elected. Detailed results of the vote for the election of directors are set out below.

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

Director Nominee Votes For % Votes Withheld %
M. Elyse Allan 694,647,961 99.75 1,770,183 0.25
Angela F. Braly 694,603,312 99.74 1,814,832 0.26
Marcel R. Coutu 688,577,943 98.87 7,840,201 1.13
Maureen Kempston Darkes 687,471,506 98.72 8,946,638 1.28
Frank J. McKenna 691,936,194 99.36 4,481,950 0.64
Youssef A. Nasr 694,597,233 99.74 1,820,911 0.26
Seek Ngee Huat 694,535,811 99.73 1,882,333 0.27
Diana L. Taylor 690,030,707 99.08 6,387,437 0.92

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, J. Bruce Flatt, Robert J. Harding, David W. Kerr, Philip B. Lind, Lord O'Donnell and George S. Taylor.

Brookfield Asset Management

Brookfield Asset Management Inc. is a global alternative asset manager with $240 billion in assets under management. The company has more than a 100-year history of owning and operating assets with a focus on property, renewable power, infrastructure and private equity. Brookfield offers a range of public and private investment products and services, and is co-listed on the New York, Toronto and Euronext stock exchanges under the symbol BAM, BAM.A and BAMA, respectively.

For more information, please visit our website at www.brookfield.com.

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