Company: BEP
Filing Date: 2025-11-12
Form Type: 424B5
Source: 0001193125-25-275856
Chunk: 16

Company: Brookfield Renewable Partners L.P.
Filing Date: 2025-11-12
Form: 424B5
Chunk 16
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Prior to the completion of the Concurrent Private Placement, the Brookfield Holders own an approximate 59.9% interest in the Partnership,
assuming the exchange of all REUs and Class A.2 Shares held by Brookfield and all Exchangeable Shares held by Brookfield Wealth Solutions. The Brookfield Holders have agreed that all decisions to be made by subsidiaries of Brookfield Wealth
Solutions with respect to the voting of any LP Units or Exchangeable Shares held by subsidiaries of Brookfield Wealth Solutions will be made jointly by mutual agreement of the applicable Brookfield Wealth Solutions subsidiary and Brookfield. It is
expected that any LP Units, Exchangeable Shares or other securities exchangeable for LP Units or Exchangeable Shares held by Brookfield Wealth Solutions from time to time will be subject to the foregoing voting arrangements.

The Partnership has entered into a subscription agreement with the Brookfield Purchaser setting forth the terms and conditions of the
Concurrent Private Placement pursuant to which the Brookfield Purchaser will purchase 6,967,670 LP Units at a price of US$28.704 per LP Unit, representing the Offering Price per Offered LP Unit net of the Underwriters’ fee, for proceeds of
approximately US$200,000,000. The Underwriters will not receive any fees or commission on the LP Units purchased by the Brookfield Purchaser.

After giving effect to the Concurrent Private Placement, Brookfield will own 76,158,449 LP Units, 194,487,939 REUs and 34,719,683
Class A.2 Shares and Brookfield Wealth Solutions will own 5,148,270 LP Units and 10,094,152 Exchangeable Shares and collectively, the Brookfield Holders will hold, after giving effect to the Offering and the Concurrent Private Placement, an
approximate 58.8% interest in the Partnership assuming the exchange of all REUs and Class A.2 Shares held by Brookfield and all Exchangeable Shares held by Brookfield Wealth Solutions for LP Units (approximately 58.6% if the Over-Allotment
Option is exercised in full).

Neither the Prospectus nor this Prospectus Supplement qualifies the distribution of LP Units to be issued pursuant to the Concurrent Private Placement. The LP Units to be issued pursuant to the Concurrent Private Placement may be subject to statutory hold periods. The Concurrent Private Placement is subject to a number of conditions,
including completion of definitive documentation and the concurrent closing of this Offering.

S-8

PRIOR SALES In the 12-monthperiod