Company: BEP
Filing Date: 2025-02-28
Form Type: 20-F
Source: 0001533232-25-000006
Chunk: 431

Company: Brookfield Renewable Partners L.P.
Filing Date: 2025-02-28
Form: 20-F
Item: Item 10
Chunk 431
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-for-one basis on April 30, 2025 and on April 30 every five years thereafter and automatically in certain circumstances  
  BRF.        10,000,000      3,110,531                                 78      An amount equal to the sum of the three-month Government of Canada Treasury Bill Rate plus 2.62%                                   30-Apr-25                     $25.00 on April 30, 2025 and April 30 every five years thereafter                                         Into Series 1 on a one-for-one basis on April 30, 2025 and on April 30 every five years thereafter and automatically in certain circumstances  
  BRF.        10,000,000      9,961,399                                249      The annual fixed dividend rate for each 5-year fixed rate period will be the sum of the Government of Canada Yield plus 2.94%      31-Jul-29                     $25.00 on July 31, 2029 and July 31 every five years thereafter                                           Into Series 4 on a one-for-one basis on July 31, 2029 and on July 31 every five years thereafter and automatically in certain circumstances    

(1) Rounded to the nearest million.

(2) Payable quarterly on the last day of January, April, July and October of each year.

(3) Together with accrued and unpaid dividends.

(4) As of the date of this Form 20-F, Brookfield Renewable holds 2,885,496 Series 5 Shares that were tendered and taken up by BEP as part of the exchange transaction completed in February 2016. Brookfield Renewable has waived the right to receive dividends on these Series 5 Shares and they are no longer trading on the TSX.

Voting

Holders of all series of Class A Preference Shares are only entitled to receive notice of and to attend all meetings of shareholders if eight quarterly dividends on such series of Class A Preference Shares, whether or not consecutive, have not been paid. In the event of such non-payment, and for only so long as any such dividends remain in arrears, the holders of such series of Class A Preference Shares will be entitled to receive notice of and to attend each meeting of shareholders, other than meetings at which only holders of another specified class or series are entitled to vote. When entitled to vote, holders shall be entitled to one vote in respect of each C$25.00 of the applicable series of Class A Preference Shares held.

Rights on