Company: BEP
Filing Date: 2025-02-28
Form Type: 20-F
Source: 0001533232-25-000006
Chunk: 381

Company: Brookfield Renewable Partners L.P.
Filing Date: 2025-02-28
Form: 20-F
Item: Item 6
Chunk 381
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Brookfield has adopted a personal trading policy (the “Brookfield Trading Policy”) that applies to the directors and employees of Brookfield and its controlled public affiliates, including BEP and BEPC. The Brookfield Trading Policy sets forth basis guidelines for trading in the securities of Brookfield, BEP and BEPC and prohibits trading on the basis of material non-public information. The Brookfield Trading Policy features “blackout” periods during which insiders and other persons who are subject to the policy are prohibited from trading in the securities of Brookfield, BEP and BEPC. Regular trading blackout periods will generally commence at the close of business on the last business day of a quarter and end on the beginning of the first business day following the earnings call discussing the quarterly results. Brookfield Renewable has adopted the personal trading policy of Brookfield that applies to BEP’s and BEPC’s directors and officers and the officers and directors of their respective subsidiaries. See Item 16J. “ Insider Trading Policies”.

6. D EMPLOYEES

We do not employ the individuals who provide management services to us under our Master Services Agreement, including the individuals who serve as the Managing General Partner’s Chief Executive Officer and Chief Financial Officer. The personnel that carry out these activities are employees of Brookfield, and their services are provided to Brookfield Renewable for our benefit under our Master Services Agreement. For a discussion of the

individuals from Brookfield’s management team that are involved in our renewable power business, see Item 6. A “ Directors and Senior Management - Our Management”.

Brookfield Renewable has approximately 5,270 employees (inclusive of employees employed by its consolidated portfolio companies) involved in the day-to-day operations of our facilities and the development of our business, of which approximately 298 are located in Canada, 1,825 are located in the United States, 622 are located in Brazil, 605 are located in Colombia, 475 are located in Europe, 165 are located in China, 844 are located in India and 17 are located in South Korea. This also includes 317 employees who work in our business services group, which provides finance, IT and payroll services to our business in Canada and the United States. Approximately 1,605, or approximately 30% of these employees, are covered by collective agreements expiring between 2025 and 2033. 11 of these collective agreements are due to be renewed in 2025.

We maintain very good relations with represented and salaried employees across all facilities