Company: BBU
Filing Date: 2025-04-10
Form Type: 20-F
Source: 0001628280-25-017216
Chunk: 189

Company: Brookfield Business Partners L.P.
Filing Date: 2025-04-10
Form: 20-F
Item: Item 7
Chunk 189
---
ITEM 7. MAJOR SHAREHOLDERS AND RELATED PARTY TRANSACTIONS

7. A MAJOR SHAREHOLDERS

As at April 7, 2025, there are 89,056,081 units of our company outstanding, or 212,163,410 units on a fully exchanged basis, assuming exchange of the Redemption-Exchange Units and BBUC exchangeable shares.

As at April 7, 2025, 18,114,816 of our outstanding units were held by holders of record in the United States, not including units of our company held of record by DTC. As at April 7, 2025, DTC was the holder of record of 45,867,166 units.

As at April 7, 2025, 31,149 of our outstanding units were held by holders of record in Canada, not including units of our company held of record by CDS. As at April 7, 2025, CDS was the holder of record of 25,359,190 units.

The following table presents information regarding the beneficial ownership of our units by Brookfield and other persons or entities that have reported beneficial ownership in our units of 5% or more (based on reports filed under Section 13 of the U. S. Exchange Act):

                                                   Units Outstanding                                                   
  Name and Address                                 Units Owned (1)                         Percentage (2)              
  Brookfield Corporation                                                                                               
  Suite 300, Brookfield Place, 181 Bay Street                                                                          
  Toronto, Ontario M5J 2T3                                                142,552,877      66.3                (3)(4)  
  Royal Bank of Canada                                                                                                 
  200 Bay Street                                                                                                       
  Toronto, Ontario M5J QJ5                                                  7,480,617      10.1                (5)     

____________________________________

(1) Beneficial ownership is determined in accordance with the rules of the SEC and generally includes voting or investment power with respect to securities. Units relating to securities currently exercisable or exercisable within 60 days of the date of this table are deemed outstanding for computing the percentage of the person holding such securities but are not deemed outstanding for computing the percentage of any other person.

(2) The percentages shown are based on 89,056,081 units outstanding as at April 7, 2025 and in the case of Brookfield Corporation, 98,844,592 additional units upon exchange of all of the Redemption-