Company: BIPC
Filing Date: 2025-11-20
Form Type: 424B5
Source: 0001104659-25-114241
Chunk: 17

Company: Brookfield Infrastructure Corp
Filing Date: 2025-11-20
Form: 424B5
Chunk 17
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 cash equivalent (the form of payment to be determined at the election of BIHC), provided that, after giving effect to any such exchange, Brookfield will not be permitted to receive a number of Exchangeable Shares that would result in Brookfield owning 9.5% or more of the aggregate fair market value of all issued and outstanding shares of the Company. As of November 18, 2025, there were 13,012,789 Class A.2 Shares outstanding.

Holders of Exchangeable Shares hold an aggregate 25% voting interest in the Company. Brookfield, Brookfield Wealth Solutions Ltd. and their related parties (collectively, the “

#### Brookfield Holders
”) and the Partnership, through their ownership of Exchangeable Shares, Class A.2 Shares and Class B Shares, hold an approximate 75% voting interest in the Company (assuming the maximum permitted number of Class A.2 Shares held by Brookfield are exchanged for Exchangeable Shares), and the remaining approximate 25% aggregate voting interest in the Company is held by public investors.

### DESCRIPTION OF PARTNERSHIP CAPITAL
As of November 18, 2025, there were 461,240,345 Units outstanding and 789,152,896 Units on a fully-exchanged basis (which term, as used in this Prospectus Supplement, assumes the exchange of all of Brookfield’s redeemable partnership units (“

#### RPUs
”) of Brookfield Infrastructure L.P., Exchangeable Shares, exchangeable units of Brookfield Infrastructure Corporation Exchange Limited Partnership,

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TABLE OF CONTENTS

exchangeable units of Brookfield Infrastructure Partners Exchange L.P. and Class A.2 Shares), 4,989,262 Class A Preferred Units, Series 3, 7,986,595 Class A Preferred Units, Series 9, 9,936,190 Class A Preferred Units, Series 11, 8,000,000 Class A Preferred Units, Series 13 and 8,000,000 Class A Preferred Units, Series 14 outstanding, and no Class A Preferred Units, Series 4, Class A Preferred Units, Series 10, Class A Preferred Units, Series 12, Class A Preferred Units, Series 15, Class A Preferred Units, Series 16, Class A Preferred Units, Series 17 and Class A Preferred Units, Series 18 outstanding. The RPUs are subject to a redemption-exchange mechanism pursuant to which Units may be issued in exchange