Company: BBU
Filing Date: 2025-02-28
Form Type: F-3
Source: 0001104659-25-019207
Chunk: 9

Company: Brookfield Business Partners L.P.
Filing Date: 2025-02-28
Form: F-3
Chunk 9
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investments in jurisdictions with less developed legal systems;

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we do not have control over all of the businesses in which we own investments;

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changes to the market price of any investments in public companies;

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our compliance with environmental laws and the broader impacts of climate change;

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cybersecurity incidents;

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the possible impact of international conflicts, wars and related developments including terrorist acts and cyber terrorism;

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the effectiveness of our internal controls over financial reporting;

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the market price of our units may be volatile;

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we are exempt from certain requirements of Canadian securities laws and we are not subject to the same disclosure requirements as a U.S. domestic issuer;

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political instability and unfamiliar cultural factors;

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changes in government policy and legislation;

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federal, state and foreign anti-corruption and trade sanctions laws and restrictions on foreign direct investment applicable to us and our operating businesses create the potential for significant liabilities and penalties, the inability to complete transactions, imposition of significant costs and burdens, and reputational harm;

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operational or business risks that are specific to any of our business services operations, infrastructure services operations or industrials operations;

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reliance on third party service providers;

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catastrophic events, such as earthquakes, hurricanes and pandemics/epidemics;

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Brookfield’s significant influence over us;

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the lack of an obligation of Brookfield to source acquisition opportunities to us;

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the departure of some or all of Brookfield’s professionals;

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control of our company and/or the general partner may be transferred to a third party without unitholder consent;

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Brookfield may increase its ownership in our company;

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our amended and restated master services agreement dated January 23, 2024 among Brookfield, the partnership, Holding LP and others (the “

#### Master Services Agreement
”) and our other arrangements with Brookfield do not impose on Brookfield any fiduciary duties to act in the best interests of our unitholders;

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conflicts of interest between our company and our unitholders, on the one hand, and Brookfield, on the other hand;

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our arrangements with Brookfield may contain terms that are less favorable than those which otherwise might have been unrelated parties;

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the general partner may be unable or unwilling to terminate our Master Services Agreement;

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the limited liability of, and our indemnification of, the partnership’s service providers;

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Brookfield’s relationship with Oaktree Capital Group, LLC, together with its affiliates;

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