• Brookfield Capital Partners proposes A$4.75 per share for RWC
• Offer represents a 31.6% premium to RWC's last closing price
• RWC and Brookfield to negotiate in good faith for exclusivity period

Reliance Worldwide Corporation Limited (ASX: RWC) has entered into a process deed with Brookfield Capital Partners LLC, following Brookfield's non-binding indicative proposal to acquire 100% of RWC shares for A$4.75 per share. This represents a 31.6% premium to RWC's last closing price and a 32.8% premium to the 3-month volume weighted average price. The proposal values RWC at approximately A$4.1 billion. RWC has agreed to exclusivity restrictions, including non-solicitation and no due diligence obligations, for four weeks. During this period, RWC and Brookfield will work together to finalize a Scheme Implementation Deed. Brookfield has agreed to a 'go-shop' provision, allowing RWC to solicit third-party interest for 30 days after signing the SID. The proposal is subject to several conditions, including due diligence completion and approval by Brookfield's investment committee.

RWC's FY26 adjusted EBITDA is US$242m (A$340m), with an enterprise value of A$4.1 billion.

Reliance Worldwide Corporation and Brookfield Capital Partners will negotiate in good faith to finalize the transaction terms, with a potential 'go-shop' period for better offers.