Company: BBU
Filing Date: 2025-02-28
Form Type: F-3
Source: 0001104659-25-019207
Chunk: 38

Company: Brookfield Business Partners L.P.
Filing Date: 2025-02-28
Form: F-3
Chunk 38
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 in BBUC’s Annual Report on Form 20-F for the year ended December 31, 2023, filed with the SEC on March 1, 2024. SELLING SECURITYHOLDER The table below sets forth information regarding beneficial ownership of units by the selling securityholder as of February 25, 2025 that may be delivered by the selling securityholder under this prospectus. The percentage of beneficial ownership as set forth in the following table is based on 90,855,473 units outstanding as of February 25, 2025. The percentage of beneficial ownership assumes that Brookfield delivers the maximum number of units under this prospectus and that there are no other exchanges of exchangeable shares into units. Pursuant to Rule 13d-4 under the Exchange Act, the statements concerning voting and dispositive power concerning the units included in the footnotes to this table shall not be construed as admissions that such persons are the beneficial owners of such units.

| Selling Securityholder    | ​ | ​ | UnitsBeneficiallyOwned(1) |   |             |   | ​ | ​ | Percentage ofUnitsOutstanding |   |       |   | ​ | ​ | Maximum Numberof Units That MayBe Delivered uponExchange ofExchangeableShares byBrookfieldPursuant to theRights Agreement |   |             |   | ​ | ​ | Percentage AfterMaximum Numberof Units areDelivered uponExchange ofExchangeableShares byBrookfieldPursuantto the RightsAgreement |   |         |   | ​ |
| Brookfield Corporation(2) | ​ | ​ | ​                         | ​ | 142,552,877 | ​ | ​ | ​ | ​                             | ​ | 66.3% | ​ | ​ | ​ | ​                                                                                                                         | ​ | 132,683,978 | ​ | ​ | ​ | ​                                                                                                                                | ​ | 4.6%(3) | ​ | ​ |

(1) Beneficial ownership is determined in accordance with the rules of the SEC and generally includes voting or investment power with respect to securities. Units relating to securities currently exercisable or exercisable within sixty (60) days of the date of this table are deemed outstanding for computing the percentage of the person holding such securities but are not deemed outstanding for computing the percentage of any other person. (2) Consists of (i) 374,533 units and 51,599,716 redemption-exchange units held by subsidiaries of Brookfield and (ii) 43