BROOKFIELD Corp /ON/ — Director's Dealing 2016

Sep 21, 2016

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: Performance Sports Group Ltd. (PSG)
CIK: 0001514242
Period of Report: 2016-09-14

Reporting Person: BROOKFIELD ASSET MANAGEMENT INC. (10% Owner)
Reporting Person: 251091708 Delaware LP (10% Owner)
Reporting Person: PubCo Investments LP (10% Owner)
Reporting Person: 2484842 Ontario Ltd (10% Owner)
Reporting Person: Brookfield Capital Partners Ltd. (10% Owner)
Reporting Person: BCP GP Ltd (10% Owner)
Reporting Person: Brookfield Private Equity Group Holdings LP (10% Owner)
Reporting Person: Brookfield Private Equity Inc. (10% Owner)
Reporting Person: Brookfield Asset Management Private Institutional Capital Adviser (Private Equity), L.P. (10% Owner)
Reporting Person: Partners Ltd (10% Owner)

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Shares, no par value	4751408	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Cash-settled total return swap	$3.4215	2017-10-10	Common Shares, no par value (93036)		Indirect
Cash-settled total return swap	$3.4416	2017-10-10	Common Shares, no par value (96040)		Indirect
Cash-settled total return swap	$3.3525	2017-10-10	Common Shares, no par value (21951)		Indirect

Footnotes

F1: This Form 3 is being jointly filed by and on behalf of each of the following persons (each, a "Reporting Person"): (i) 251091708 Delaware LP, a Delaware limited partnership ("251091708"); (ii) PubCo Investments LP, an Ontario limited partnership ("PubCo LP"); (iii) 2484842 Ontario Limited, a corporation formed under the laws of Ontario, Canada ("2484842 GP"); (iv) Brookfield Capital Partners Ltd., a corporation formed under the laws of Ontario, Canada ("BF Capital Partners"); (v) BCP GP Limited, a corporation formed under the laws of Ontario, Canada ("BCP GP"); (vi) Brookfield Private Equity Group Holdings LP, a Manitoba limited partnership ("BF Holdings"); (vii) Brookfield Private Equity Inc., a corporation formed under the laws of Ontario, Canada ("BPE"); (viii) Brookfield Asset Management Private Institutional Capital Adviser (Private Equity) LP, a Manitoba limited partnership ("BAM PIC");

F2: (ix) Brookfield Asset Management Inc., a corporation formed under the laws of Ontario, Canada ("BAM"); and (x) Partners Limited, a corporation formed under the laws of Ontario, Canada ("Partners").

F3: 251091708 is controlled by its general partner, PubCo LP. PubCo LP is controlled by its general partner, 2484842 GP. 2484842 GP is controlled by its sole shareholder, BF Capital Partners. BF Capital Partners is controlled by its sole shareholder, BCP GP. BCP GP is controlled by its sole shareholder, BF Holdings. BF Holdings is controlled by its general partner, BPE. BPE is controlled by its sole shareholder, BAM. BAM PIC serves as the investment advisor to 251091708, PubCo LP and 2484842 GP and is controlled by its general partner, BF Capital Partners. Partners Limited holds 85,120 Class B Limited Voting Shares of BAM, representing 100% of such shares, and 867,495 Class A Limited Voting Shares of BAM, representing approximately 0.1% of such shares.

F4: Each of the Reporting Persons may be deemed to beneficially own the securities of the Issuer beneficially owned by the Reporting Persons directly or indirectly controlled by it, but each (other than 251091708 to the extent of its direct holdings) disclaims beneficial ownership of such securities, except to the extent of such Reporting Person's pecuniary interest therein. The filing of this statement shall not be deemed to be an admission that, for purposes of Section 16 of the Securities Exchange Act of 1934 or otherwise, the Reporting Persons are the beneficial owners of any securities reported herein. Information with respect to each of the Reporting Persons is given solely by such Reporting Person, and no Reporting Person has responsibility for the accuracy or completeness of information supplied by another Reporting Person.

F5: 251091708 has entered into cash-settled total return swap agreements (the "Swap Agreements") as reported in Table II, under which: (i) 251091708 will be obligated to pay the counterparty any negative price performance of the common shares of the Issuer subject to such swap at the expiration date of such swap and (ii) the counterparty will be obligated to pay 251091708 any positive price performance of the common shares of the Issuer subject to such swap at the expiration date of such swap. Any dividends received by the counterparty on such notional common shares of the Issuer during the term of the swap will be paid to 251091708. All balances will be cash settled at the expiration date of the swaps.

F6: The Swap Agreements do not provide the Reporting Persons with any voting or dispositive power over any shares held by the counterparty and do not require the counterparty thereto to acquire, hold, vote or dispose of any shares of the Issuer. Accordingly, the Reporting Persons disclaim any beneficial ownership of any common shares of the Issuer that may be referenced in such swaps or any other securities that may be held from time to time by the counterparty to such swaps.

F7: Represents the reference price associated with the Swap Agreements.