Company: BIP-PB
Filing Date: 2025-03-24
Form Type: 20-F
Source: 0001628280-25-014380
Chunk: 318

Company: Brookfield Infrastructure Partners L.P.
Filing Date: 2025-03-24
Form: 20-F
Item: Item 7
Chunk 318
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 exchangeable shares beneficially owned by BN are exchanged for our units. This amount includes 1,399,230 of our units beneficially held directly or indirectly by BN. Included in the units represented by BN’s ownership percentage are 3,287,267 units held by BWS. BN and BWS have agreed that all decisions to be made by BWS with respect to the voting of the units held by BWS will be made jointly by mutual agreement of the applicable BWS subsidiary and BN. BWS may acquire additional units or other securities exchangeable for our units. It is expected that any units or other securities exchangeable for units held by BWS will be subject to the foregoing voting arrangements. In addition, BAM Partners Trust (the “ BAM Partnership”) may be deemed a beneficial owner of such units. BAM Partnership is a trust established under the laws of Ontario and is the sole owner of the Class B limited voting shares of BN. The BAM Partnership has the ability to appoint one half of the board of directors of BN and approve all other matters requiring shareholder approval of BN with no single individual or entity controlling the BAM Partnership. As such, the BAM Partnership may be deemed to have indirect beneficial ownership of 207,999,242 of our units. The business address of BN and the BAM Partnership is Brookfield Place, 181 Bay Street, Suite 100, P. O. Box 762, Toronto, Ontario, Canada, M5J 2T3.

(4) The Brookfield Holders’ collective economic interest in our partnership is approximately 26.6% on a fully exchanged basis.

(5) Based on a Schedule 13G/A filed by Capital World Investors on February 9, 2024. The business address of Capital World Investors is 333 South Hope Street, 55th Fl, Los Angeles, CA 90071.

(6) Based on a Schedule 13G/A filed by Bank of Montreal on February 9, 2024. The business address of Bank of Montreal is 100 King Street West, 21st Floor, Toronto, Ontario, Canada M5X 1A1.

(7) Based on a Schedule 13G filed by The Bank of Nova Scotia on October 10, 2024. The business address of The Bank of Nova Scotia is 40 Temperance Street, Toronto, Ontario, M5H 0B4.

(8) Based on a Schedule 13G/A jointly filed by Principal Global Investors, LLC and Principal Funds,