Company: BIPC
Filing Date: 2025-03-24
Form Type: 20-F
Source: 0001628280-25-014377
Chunk: 311

Company: Brookfield Infrastructure Corp
Filing Date: 2025-03-24
Form: 20-F
Item: Item 10
Chunk 311
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 shares, a share/stock dividend will be paid to holders of BIHC class B shares in an equal number of BIHC class B shares as class A.1 exchangeable shares are paid to holders of class A.1 exchangeable shares.

Description of Class C Shares

The class C shares are structured to provide the holders thereof with all of the residual value in BIHC. In particular:

• subject to applicable law and in accordance with the terms of the class C shares, only holders of class C shares will be entitled to a residual right to participate, upon liquidation or winding-up of BIHC, in the assets of BIHC;

• subject to applicable law and in accordance with the term of the class C shares, subject to the prior rights of the holders of the class A.1 exchangeable shares and class A.2 exchangeable shares and of any preferred shares then outstanding, the holders of class C shares will be entitled to receive dividends as and when declared by the board of BIHC; and

• share/stock dividends, if any, will be paid to holders of class C shares in an equal number of class C shares as class A.1 exchangeable shares are paid to holders of class A.1 exchangeable shares and class A.2 exchangeable shares are paid to holder of class A.2 exchangeable shares.

10. C MATERIAL CONTRACTS

The following are the only material contracts, other than contracts entered into in the ordinary course of business, which (i) have been entered into by us since our formation or (ii) are otherwise material to our company:

1. Rights Agreement, dated December 24, 2024, between BN and Wilmington Trust, National Association, as described under Item 7. B “ Related Party Transactions - Relationship with Brookfield - Rights Agreement”.

2. Registration Rights Agreement, dated December 24, 2024, between our company, the partnership and BN., as described under Item 7. B “ Related Party Transactions - Relationship with Brookfield - Registration Rights Agreement”.

3. Amended and Restated Relationship Agreement, dated March 28, 2014, by and among BN, the partnership, Holding LP, and others, as described under Item 7. B “ Related Party Transactions - Relationship with Brookfield - Relationship Agreement”.

Brookfield Infrastructure Corporation 243

4. Trademark Sublicense Agreement, effective as of May 21, 2007, between the partnership and Brookfield Global Asset Management Inc., as described under Item 7.