Company: BEP
Filing Date: 2025-02-28
Form Type: 20-F
Source: 0001533232-25-000006
Chunk: 2

Company: Brookfield Renewable Partners L.P.
Filing Date: 2025-02-28
Form: 20-F
Item: Item 7
Chunk 2
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)In addition, BAM Partners Trust (the “BN Partnership”) may be deemed a beneficial owner of such LP units. BN Partnership is a trust established under the laws of Ontario and is the sole owner of the Class B limited voting shares of Brookfield Corporation. The BN Partnership has the ability to appoint one half of the board of directors of Brookfield Corporation and approve all other matters requiring shareholder approval of Brookfield Corporation with no single individual or entity controlling the BN Partnership. As such, the BN Partnership may be deemed to have indirect beneficial ownership in 313,640,823 of our LP units. The business address of Brookfield Corporation and the BN Partnership is Brookfield Place, 181 Bay Street, Suite 100, P. O. Box 762, Toronto, Ontario, Canada, M5J 2T3.

See also the information contained in this Form 20-F under Item 3. D “ Risk Factors - Risks Relating to our Relationship with Brookfield”, Item 6. A “ Directors and Senior Management”, Item 6. C “ Board Practices” and Item 7. B “ Related Party Transactions”.

7. B RELATED PARTY TRANSACTIONS

RELATIONSHIP WITH BROOKFIELD

Brookfield Corporation is a leading global investment firm focused on building long-term wealth for institutions and individuals around the world. It has one of the largest pools of discretionary capital globally, which is deployed across its three core businesses - asset management, wealth solutions, and its operating businesses. Through these core businesses, Brookfield Corporation invests in real assets that form the backbone of the global economy to deliver strong risk-adjusted returns to its stakeholders. Over the long term, Brookfield Corporation is focused on delivering 15%+ annualized returns to shareholders. Brookfield Corporation is listed on the NYSE and on the TSX under the symbol “ BN”.

Brookfield Asset Management is a leading global alternative asset manager, headquartered in New York, with over $1 trillion of assets under management across renewable power and transition, infrastructure, real estate, private equity, and credit. It invests client capital for the long term with a focus on real assets and essential service businesses that form the backbone of the global economy. It offers a range of alternative investment products to investors around the world - including sovereign wealth funds, pension plans, endowments, foundations, financial institutions, insurance companies, and individual investors. It draws on Brookfield’s heritage as an owner and operator to invest for value and seeks to generate strong returns for its clients