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

SECURITIES AND EXCHANGE COMMISSION (MarkOne)☐REGISTRATION STATEMENT PURSUANT TO SECTION12(b) or (g) OF THE SECURITIES EXCHANGEACT OF1934OR☒ANNUAL REPORT PURSUANT TO SECTION13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF1934For the fiscal year endedDecember31, 2024OR☐TRANSITION REPORT PURSUANT TO SECTION13 OR 15(d) OF THE SECURITIES EXCHANGE ACTOF1934OR☐SHELL COMPANY REPORT PURSUANT TO SECTION13 OR 15(d) OF THE SECURITIES EXCHANGEACT OF1934Commission 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)250Vesey Street, 15th FloorNew York,NY10281United States(Address of principal executive offices)A.J. Silber250 Vesey Street, 15th FloorNew York,NY10281United 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 Section12(b) of the Act. Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule405 of the SecuritiesAct.Yes☐Noý If this report is an annual or transition report, indicate by check mark if the registrant is not required to file reports pursuant to Section13 or15(d) of the Securities Exchange Actof1934.Yes☐No☒ Indicate by check mark whether the registrant (1)has filed all reports required to be filed by Section13 or15(d) of the Securities Exchange Act of 1934 during the preceding12months (orfor such shorter period that the registrant was required to file such reports), and (2)has been subject to such filing requirements for the past 90days.Yes☒No☐ Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule405 of RegulationS-T(§232.405 of this chapter) during the preceding 12months (orfor such shorter period that the registrant was required to submit and post suchfiles).Yes☒No☐ Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or an emerging growth company. See definitions of“accelerated filer”, “large accelerated filer,” and “emerging growth company” in Rule12b-2 of the Exchange Act. (Checkone): If an emerging growth company that prepares its financial statements in accordance with U.S. GAAP, indicate by check mark if the registrant has elected not to use the extendedtransition period for complying with any new or revised financial accounting standards provided 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 to its Accounting Standards Codification afterApril 5, 2012. Indicate by check mark whether the registrant has filed a report on and attestation to its management’s assessment of the effectiveness of its internal control over financialreporting under Section 404(b) of the Sarbanes-Oxley Act (15 U.S.C. 7262(b)) by the 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 the registrant included in the filing reflect thecorrection 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-based compensation received by any of theregistrant’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 thisfiling: oOther If this is an annual report, indicate by check mark whether the registrant is a shell company (asdefined in Rule12b-2 of the Exchange Act).Yes☐No☒ Table of Contents INTRODUCTION AND USE OF CERTAIN TERMSSPECIAL NOTE REGARDING FORWARD-LOOKING STATEMENTSPART IITEM1.IDENTITY OF DIRECTORS, SENIOR MANAGEMENT AND ADVISERSITEM2.OFFER STATISTICS AND EXPECTED TIMETABLEITEM3.KEY INFORMATION3.A.RESERVED3.B.CAPITALIZATION AND INDEBTEDNESS3.C.REASONS FOR THE OFFER AND USE OF PROCEEDS3.D.RISK FACTORSITEM4.INFORMATION ON THE COMPANY4.A.HISTORY AND DEVELOPMENT OF THE COMPANY4.B.BUSINESS OVERVIEW4.C.ORGANIZATIONAL STRUCTURE4.D.PROPERTY, PLANTS AND EQUIPMENTITEM4A.UNRESOLVED STAFF COMMENTSITEM5.OPERATING AND FINANCIAL REVIEW AND PROSPECTS5.A.OPERATING RESULTS5.B.LIQUIDITY AND CAPITAL RESOURCES5.C.RESEARCH AND DEVELOPMENT, PATENTS AND LICENSES, ETC.5.D.TREND INFORMATION5.E.CRITICAL ACCOUNTING ESTIMATESITEM6.DIRECTORS, SENIOR MANAGEMENT AND EMPLOYEES6.A.DIRECTORS AND SENIOR MANAGEMENT6.B.COMPENSATION6.C.BOARD PRACTICES6.D.EMPLOYEES6.E.SHARE OWNERSHIP6.F.DISCLOSURE OF A REGISTRANT’S ACTION TO RECOVER ERRONEOUSLYAWARDED COMPENSATIONITEM7.MAJOR SHAREHOLDERS AND RELATED PARTY TRANSACTIONS7.A.MAJO