Company: BEP
Filing Date: 2025-03-06
Form Type: POS AM
Source: 0001193125-25-048531
Chunk: 16

Company: Brookfield Renewable Partners L.P.
Filing Date: 2025-03-06
Form: POS AM
Chunk 16
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 of the exchangeable shares as provided in our company’s
articles of incorporation and/or the Rights Agreement to meet an exchange request by delivering cash or an LP unit.

On December 24,
2024, our company completed an arrangement (the “Arrangement”), pursuant to which 1505127 B.C. Ltd. (which was renamed Brookfield Renewable Corporation) became the successor issuer under Rule
12g-3(a) of the Exchange Act to the former Brookfield Renewable Corporation, which was renamed Brookfield Renewable Holdings Corporation, and Old BEPC’s class A exchangeable subordinate voting shares (the
“Old BEPC Shares”) were delisted. The purpose of the Arrangement was to allow our company to maintain the benefits of its business structure, while addressing proposed amendments to the Income Tax Act (Canada) that were expected to
result in additional costs to our company if no action was taken. In connection with the Arrangement, among other things, (i) holders of Old BEPC Shares, other than members of the Brookfield Group, received exchangeable shares in exchange for
their Old BEPC Shares on a one-for-one basis; (ii) the Brookfield Group transferred its 34,719,683 Old BEPC Shares to Old BEPC in exchange for class A.2
exchangeable non-voting shares of Old BEPC (“ClassA.2 Shares”) on a one-for-one basis;
(iii) the Old BEPC Shares were delisted; and (iv) the exchangeable shares were listed on the NYSE and the TSX. The Class A.2 Shares are exchangeable by the Brookfield Group into exchangeable shares or LP units on a one-for-one basis. In connection with the Arrangement, our company issued approximately 145 million exchangeable shares in exchange for Old BEPC Shares. The exchangeable
shares issued in exchange for Old BEPC Shares under the Arrangement were exempt from registration under the Securities Act pursuant to Section 3(a)(10) thereof.

Our company’s head office is 250 Vesey Street, 15th Floor, New York, New York, 10281, and our registered office is located at 1055 West
Georgia Street, Suite 1500, P.O. Box 11117, Vancouver, British Columbia V6E 4N7. Our telephone number is (212) 417-7000.

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For additional information, please refer to the BEPC Annual Report and the other documents
filed by BEPC that