Company: BBU
Filing Date: 2025-02-28
Form Type: F-3
Source: 0001104659-25-019207
Chunk: 2

Company: Brookfield Business Partners L.P.
Filing Date: 2025-02-28
Form: F-3
Chunk 2
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 was declared effective by the Securities and Exchange Commission on May 12, 2022, under the Securities Act (the “

#### Prior Registration Statement
”), but were not issued or delivered to satisfy exchanges, redemptions or acquisitions of exchangeable shares, and accordingly such units constitute “unsold securities” (within the meaning of Rule 415(a)(6)) as of the date hereof (collectively, the “

#### Unsold Securities
”). The aggregate filing fee paid in connection with such Unsold Securities was $470,789.10. Pursuant to Rule 415(a)(6), (i) the registration fee applicable to the Unsold Securities is being carried forward to this Registration Statement and will continue to be applied to the Unsold Securities, and (ii) the offering of the Unsold Securities registered on the Prior Registration Statement will be deemed terminated as of the date of effectiveness of this Registration Statement. If the partnership issues or delivers any of the Unsold Securities pursuant to the Prior Registration Statement after the date of the initial filing, and prior to the date of effectiveness, of this Registration Statement, the partnership will file a pre-effective amendment to this Registration Statement, which will reduce the number of Unsold Securities included on this Registration Statement.

TABLE OF CONTENTS

**The information in this prospectus is not complete and may be changed. These securities may not be sold until the registration statement filed with the Securities and Exchange Commission is effective. This prospectus is not an offer to sell nor does it seek an offer to buy these securities in any jurisdiction where the offer or sale is not permitted.**

#### Subject to Completion dated February 28, 2025

### BROOKFIELD BUSINESS PARTNERS L.P.

#### 132,683,978 Limited Partnership Units
This prospectus relates to the registration of up to 132,683,978 non-voting limited partnership units (the “

#### units
”) of Brookfield Business Partners L.P. (the “

#### partnership
”) that from time to time may be (i) issued by the partnership or delivered by Brookfield Business Corporation (“

#### BBUC
”) to satisfy any exchange, redemption or acquisition of class A exchangeable subordinate voting shares (the “

#### exchangeable shares
”) of BBUC (including, if applicable, in connection with liquidation, dissolution or winding up of BBUC) that is made in accordance with the terms of the exchangeable shares as provided in the BBUC articles (as defined herein); or (ii