Company: BIP-PB
Filing Date: 2025-03-24
Form Type: 20-F
Source: 0001628280-25-014380
Chunk: 387

Company: Brookfield Infrastructure Partners L.P.
Filing Date: 2025-03-24
Form: 20-F
Item: Item 7
Chunk 387
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 calculated on the basis of the investment’s original “funded commitments”, beginning with the period that the investment is no longer written down to zero.

•Insurance and Reinsurance Capital. Brookfield currently manages, and expects in the future to manage, one or more Brookfield Accounts that include insurance- and reinsurance-related capital (including, for the avoidance of doubt, Brookfield Wealth Solutions Ltd., formerly known as Brookfield Reinsurance Partners (“ BWS”, and together with any other insurance and reinsurance-related Brookfield Accounts, the “Brookfield Credit & Insurance Solutions Accounts”)). Among other things, Brookfield Credit & Insurance Solutions Accounts are expected to (a) invest in or alongside Brookfield Accounts (including Brookfield Infrastructure (or Brookfield Accounts in which Brookfield Infrastructure is invested)), (b) invest in securities, loans, structured financings, and/or other financial instruments issued by Brookfield Accounts (including Brookfield Infrastructure (or Brookfield Accounts in which Brookfield Infrastructure is invested)) and/or portfolio companies thereof, (c) invest in different parts of an issuer’s or portfolio company’s capital structure (relative to investments made by other Brookfield Accounts (including Brookfield Infrastructure (or Brookfield Accounts in which Brookfield Infrastructure is invested)), (d) transact with Brookfield Accounts (including Brookfield Infrastructure (or Brookfield Accounts in which Brookfield Infrastructure is invested)), including in respect of investments, tax benefits and/or other assets or services, (e) provide financing, refinancing and/or other loans to Brookfield Accounts (including Brookfield Infrastructure (or Brookfield Accounts in which Brookfield Infrastructure is invested)) and/or portfolio companies or investments thereof for acquisition, investment, financing, working capital, and/or other purposes, (f) provide acquisition financing and other capital solutions to purchasers of assets sold by Brookfield

Brookfield Infrastructure 233

Accounts (including Brookfield Infrastructure (or Brookfield Accounts in which Brookfield Infrastructure is invested)), and (g) warehouse investments on behalf of Brookfield Accounts (including Brookfield Infrastructure (or Brookfield Accounts in which Brookfield Infrastructure is invested)).

BWS is a paired entity to BN. BWS’ exchangeable shares are exchangeable into shares of BN on a one-for-one basis, and holders of BWS exchangeable shares are entitled to receive dividends equal to those received by holders of BN Class A Shares. BN is entitled to the residual economic interest in BWS through its ownership of all of the issued and outstanding class C shares of BWS.

The investment programs of the