<img src="https://ml.globenewswire.com/Resource/Download/22048b12-8c39-4bd4-a907-28880770ba2c?size=2" nborder="0" align="left" hspace="5" vspace="5" title="logo (1).jpg" alt="Brookfield Office Properties Inc."/>Not for distribution to U.S. newswire services nor for dissemination to the United States.  All amounts in Canadian dollars. BROOKFIELD NEWS, Sept. 01, 2026 <a href="https://www.globenewswire.com" target="_blank">(GLOBE NEWSWIRE)</a> -- Brookfield Office Properties Inc., a subsidiary of Brookfield Property Partners L.P., today announced the reset dividend rate and conversion privileges on its Class AAA Preference Shares, Series R (“Series R Shares”) (TSX: BPO.PR.R) Series R Shares If declared, the fixed quarterly dividends on the Series R Shares for the five years commencing October 1, 2026 and ending September 30, 2031 will be paid at an annual rate of 6.829000% ($0.4268125 per share per quarter). Holders of Series R Shares have the right, at their option, exercisable no later than 5:00 p.m. (Toronto time) on September 15, 2026, to convert all or part of their Series R Shares, on a one-for-one basis, into Class AAA Preference Shares, Series S (the “Series S Shares”), effective September 30, 2026. The quarterly floating rate dividends on the Series S Shares have an annual rate, calculated for each quarter, of 3.48% over the annual yield on three-month Government of Canada treasury bills. The actual quarterly dividend rate for the October 1, 2026 to December 31, 2026 dividend period for the Series S Shares will be 1.454360% (5.770000% on an annualized basis) and the dividend, if declared, for such dividend period will be $0.363590 per share, payable on December 31, 2026. Holders of Series R Shares are not required to elect to convert all or any part of their Series R Shares into Series S Shares. As provided in the share conditions of the Series R Shares, (i) if Brookfield determines that there would be fewer than 1,000,000 Series R Shares outstanding after September 30, 2026, all remaining Series R Shares will be automatically converted into Series S Shares on a one-for-one basis effective September 30, 2026; and (ii) if Brookfield determines that there would be fewer than 1,000,000 Series S Shares outstanding after September 30, 2026, no Series R Shares will be permitted to be converted into Series S Shares. There are currently 9,946,218 Series R Shares outstanding. About Brookfield Office Properties Brookfield Office Properties Inc. is a subsidiary of Brookfield Property Partners L.P., one of the world’s largest commercial real estate companies, with over $88 billion in total assets. For more information, please visit <a href="https://www.globenewswire.com/Tracker?data=17raarvp7du7oiFmuAQnf8m4e6XZ3_Vvkt0qcJerV3YErc0o7q1VKX8j6Si6r38aIhdH8IU8vToHzaF2jZpvECwNOdMVN1slcOJHGtAy1og=" rel="nofollow" target="_blank" title="bpy.brookfield.com/bpo">bpy.brookfield.com/bpo</a>. Brookfield Contact: Keren Dubon Investor Relations Tel.: 212-618-3440 Email: <a href="https://www.globenewswire.com/Tracker?data=0MjUJRW6DHrJ_2Av73ItGSK1ah1fUrr4rWUf6WjESbLHOxreXL57OAh4mxRMWVC_Or5xxS0J6Zv9D-edcqTNVV0SuNVDmSW5cc-1Jgjp-JiVKdXeSP5mSXuI_g38T4Nc" rel="nofollow" target="_blank" title="keren.dubon@brookfield.com">keren.dubon@brookfield.com</a>  <img alt="" src='https://ml.globenewswire.com/media/NGFjNWUwMTMtZGViZS00OTE1LWE4NTktMzk4OTgwNDBiZDU5LTEwNDA0NTMtMjAyNi0wOS0wMS1lbg==/tiny/Brookfield-Office-Properties-I.png' referrerpolicy='no-referrer-when-downgrade' />

Brookfield Office Properties Announces Reset Dividend Rates and Conversion Privileges on Its Class AAA Series R Preference Shares

Latest news from the world of business and finance – both local and global

MONEY FM 89.3 is Singapore's first and only Business and Personal Finance station, featuring local and international business and financial news.

MONEY FM 89.3

Discover newsletters from our DJs on LinkedIn