UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
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| Item 7.01. | Regulation FD Disclosure. |
Beginning with the release of results for the third quarter ending September 30, 2026, expected to be released on November 6th, 2026, Brookfield Asset Management Ltd. (“BAM”, “we” or “our”) intends to revise its presentation of Fee Revenues, a non-GAAP financial measure, and the presentation of expenses within Fee Related Earnings, a non-GAAP financial measure, and Fee-Bearing Capital, a supplemental financial measure. Specifically, the revised presentation will provide additional detail with respect to BAM’s partner managers by presenting BAM’s proportionate share of fee revenues and expenses attributable to such partner managers, rather than presenting BAM’s share of fee-related earnings from such partner managers on a net basis. In addition, BAM will include Fee-Bearing Capital associated with assets for which its partner managers receive servicing fees, in order to better align the presentation of Fee-Bearing Capital with Fee Revenues. BAM believes this enhanced presentation will provide analysts and investors with greater transparency into the revenue and expense profile of these businesses, which have become a larger contributor to BAM’s credit business, and assist them in understanding and modeling BAM’s results.
In order to assist analysts and investors in understanding the impact of this revised presentation and for comparability purposes, attached as Exhibit 99.1 hereto and incorporated herein by reference is a recast presentation of Fee Revenues and Fee-Bearing Capital (and certain related information) to conform to such revised presentation for the quarter ended June 30, 2026 and the prior seven quarters. BAM has also posted in Excel format such supplemental information on the investor section of its website at bam.brookfield.com.
This revised presentation reflected in Exhibit 99.1 is a presentation change only and does not impact BAM’s Fee-Related Earnings or Distributable Earnings as previously reported. We expect that this change in presentation will similarly be reflected in our future segment U.S. GAAP results and prior comparable periods.
The information furnished as Exhibit 99.1 to this Current Report on Form 8-K shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as expressly set forth by specific reference in such filing.
| Item 9.01 | Financial Statements and Exhibits. |
(d) Exhibits.
| Exhibit Number |
Description | |
| 99.1 | Non-GAAP and Supplemental Financial Measures -- Additional Information | |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document). |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Date: September 28, 2026
| Brookfield Asset Management Ltd. | ||
| By: | /s/ Kathy Sarpash | |
| Name: | Kathy Sarpash | |
| Title: | Managing Director, Legal & Regulatory and Corporate Secretary | |