Company: BIP-PB
Filing Date: 2025-03-24
Form Type: 20-F
Source: 0001628280-25-014380
Chunk: 317

Company: Brookfield Infrastructure Partners L.P.
Filing Date: 2025-03-24
Form: 20-F
Item: Item 7
Chunk 317
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ITEM 7. MAJOR SHAREHOLDERS AND RELATED PARTY TRANSACTIONS

7. A MAJOR SHAREHOLDERS

The following table presents information regarding the beneficial ownership of our units by each entity that we know beneficially owns more than 5% of our units as at December 31, 2024.

                                                            Units Outstanding                                       
  Name and Address                                          Units Owned (1)                         Percentage (2)  
  BN (3),(4)                                                                       207,999,242                31.3  
  Capital World Investors (5)                                                       35,224,918                 7.6  
  Bank of Montreal and its affiliates (6)                                           29,425,429                 6.4  
  The Bank of Nova Scotia (7)                                                       27,099,482                 5.9  
  Principal Global Investors LLC and its affiliate (8)                              26,675,618                 5.8  
  Royal Bank of Canada (9)                                                          24,422,990                 5.3  
  1832 Asset Management L. P. and its affiliates (10)                               23,626,396                 5.1  

(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 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) The percentages shown are based on 461,855,350 units outstanding as of December 31, 2024 and in the case of BN, the percentage includes 3,287,267 units held by BWS, 1,399,230 units held by Brookfield and 203,312,745 additional units upon exchange of all of the Redeemable Partnership Units and class A.2 exchangeable shares beneficially owned by BN. Each class A.2 exchangeable share is exchangeable at the option of the holder for a unit or a BIPC exchangeable share under certain circumstances.

(3) BN may be deemed to be the beneficial owner of 207,999,242 of our units that it holds through wholly-owned subsidiaries and including units held by BWS, constituting approximately 31.3% of the issued and outstanding units, assuming that all of the Redeemable Partnership Units and class A.2