Company: BEP
Filing Date: 2025-02-28
Form Type: 20-F
Source: 0001533232-25-000006
Chunk: 374

Company: Brookfield Renewable Partners L.P.
Filing Date: 2025-02-28
Form: 20-F
Item: Item 6
Chunk 374
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2024. Four regular quarterly meetings are scheduled for 2025.

Size and Composition of the Board of Directors

The Managing General Partner’s board of directors is currently set at seven directors. See Item 6. C “ Board Practices - Size, Independence and Composition of the Board of Directors”.

Independent Directors

At least three directors and at least a majority of the directors holding office must be independent of the Managing General Partner and Brookfield, as determined by the full board of directors using the standards for independence established under applicable securities laws. See Item 6. C “ Board Practices - Size, Independence and Composition of the Board of Directors”.

The following table describes the independence status of the directors of the Managing General Partner.

  Director               Independence Status      Reason for Related Status                              
  Jeffrey Blidner        Related                  Mr. Blidner is a Vice Chair of Brookfield Corporation  
 ─────────────────────────────────────────────────────────────────────────────────────────────────────────
  Sarah Deasley          Independent                                                                     
  Nancy Dorn             Independent                                                                     
  Lou Maroun             Independent                                                                     
  Stephen Westwell       Independent                                                                     
  Patricia Zuccotti      Independent                                                                     

The Chair of the Managing General Partner’s board of directors is Jeffrey Blidner, who is not an independent director. However, each of the committees of the board of directors is fully comprised of independent directors and the Board has a lead independent director, Nancy Dorn. In addition, special committees of independent directors may be formed from time to time to review particular matters or transactions. The board of directors encourages regular open dialogue between the independent directors and the Chair to discuss matters raised by independent directors.

At all quarterly meetings, the independent directors held meetings without the presence of management and the directors that are not independent. The board of directors has also adopted the Conflicts Protocols to govern its practices in circumstances in which conflicts of interest with Brookfield may arise. See Item 6. C “ Board Practices - Transactions Requiring Approval by Independent Directors” and “ - Transactions in Which a Director Has an Interest” and Item 7. B “ Related Party Transactions - Conflicts of Interest and Fiduciary Duties”.

Other Directorships

The following directors of the Managing General Partner are also directors of other reporting issuers (or the equivalent in foreign jurisdictions):

• Jeffrey Blidner: Brookfield Corporation; Brookfield Infrastructure Corporation; Brookfield Business Corporation; the general partner of each of Brookfield Property Partners L. P., Brookfield Infrastructure Partners L. P. and Brookfield Business