Brookfield Business Corp-A 2025年年度报告和过渡报告

SECURITIES AND EXCHANGE COMMISSION FORM 20-F(Mark One)☐REGISTRATIONSTATEMENT PURSUANT TO SECTION 12(b)or(g)OF THESECURITIES EXCHANGE ACT OF 1934OR☐ANNUALREPORT PURSUANT TO SECTION 13 OR 15(d)OF THE SECURITIESEXCHANGE ACT OF 1934For the fiscal year ended December 31, 2024OR☐TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIESEXCHANGE ACT OF 1934OR☐SHELLCOMPANY REPORT PURSUANT TO SECTION 13 OR 15(d)OF THESECURITIES EXCHANGE ACT OF 1934Commission file number: 001-41313Brookfield Business Corporation(Exact name of Registrant as specified in its charter)N/A(Translation of Registrant’s name into English)British Columbia, Canada(Jurisdiction of incorporation or organization)250 Vesey Street, 15th FloorNew York, NY 10281United States(Address of principal executive offices)A.J. Silber250 Vesey Street, 15th FloorNew York, NY 10281United StatesTel: (212) 417-7000(Name, Telephone, Email and/or Facsimile number and Address of Company Contact Person)Securities registered or to be registered pursuant to Section 12(b) of the Act.Title of each classTrading SymbolsName of each exchange on whichregisteredClass A Exchangeable Subordinate Voting Indicate the number of outstanding shares of each of the issuer’s classes of capital or common stock as of the close of the periodcovered by the annual report: 72,954,446 Class A Exchangeable Subordinate Voting Shares as of December 31, 2024One Class B Multiple Voting Share as of December 31, 202425,934,120 Class C Non-Voting Shares as of December 31, 2024 Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act.Yes☐No ý If this report is an annual or transition report, indicate by check mark if the registrant is not required to file reports pursuant toSection 13 or 15(d) of the Securities Exchange Act of 1934.Yes☐No☐ Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the SecuritiesExchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file suchreports), and (2) has been subject to such filing requirements for the past 90 days.Yes☐No☐ Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submittedpursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period thatthe registrant was required to submit and post such files).Yes☐No☐ Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or anemerging growth company. See definitions of “accelerated filer”, “large accelerated filer,” and “emerging growth company” inRule 12b-2 of the Exchange Act. (Check one): Non-accelerated filer☐ Emerging growth company☐ If an emerging growth company that prepares its financial statements in accordance with U.S. GAAP, indicate by check mark if theregistrant has elected not to use the extended transition period for complying with any new or revised financial accounting standardsprovided pursuant to Section 13(a) of the Exchange Act.o The term “new or revised financial accounting standard” refers to any update issued by the Financial Accounting Standards Board toits Accounting Standards Codification after April 5, 2012. Indicate by check mark whether the registrant has filed a report on and attestation to its management’s assessment of theeffectiveness of its internal control over financial reporting under Section 404(b) of the Sarbanes-Oxley Act (15 U.S.C. 7262(b)) bythe registered public accounting firm that prepared or issued its audit report.ý If securities are registered pursuant to Section 12(b) of the Act, indicate by check mark whether the financial statements of theregistrant included in the filing reflect the correction of an error to previously issued financial statements.☐ Indicate by check mark whether any of those error corrections are restatements that required a recovery analysis of incentive-basedcompensation received by any of the registrant’s executive officers during the relevant recovery period pursuant to §240.10D-1(b).☐ Indicate by check mark which basis of accounting the registrant has used to prepare the financial statements included in this filing: o Other o U.S. GAAP If “Other” has been checked in response to the previous question, indicate by check mark which financial statement item theregistrant has elected to follow.Item 17 o Item 18 o If this is an annual report, indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of theExchange Act).Yes☐No☐ INTRODUCTION AND USE OF CERTAIN TERMSSPECIAL NOTE REGARDING FORWARD-LOOKING STATEMENTSPART IITEM 1.IDENTITY OF DIRECTORS, SENIOR MANAGEMENT AND ADVISERSITEM 2.OFFER STATISTICS AND EXPECTED TIMETABLEITEM 3.KEY INFORMATION3.A.RESERVED3.B.CAPITALIZATION AND INDEBTEDNESS3.C.REASONS FOR THE OFFE