American Equity Investment Life Holding Company announced that Sachin Shah has joined American Equity’s Board of Directors, as a Class III director to fill vacancy, which expanded the size of the Board to 14 members. Mr. Shah currently is Managing Partner, Chief Investment Officer of Brookfield and Vice Chair of Brookfield Renewable Group. Since 2002, Mr. Shah has been employed by Brookfield. He has held a variety of senior roles across the organization, including Chief Executive Officer of Brookfield Renewable Partners from 2015-2020. Mr. Shah was appointed to serve as a director pursuant to the terms of the Investment Agreement described above and is not currently expected to serve on any committees of the Board.