Company: BEP
Filing Date: 2025-11-12
Form Type: 424B5
Source: 0001193125-25-275856
Chunk: 14

Company: Brookfield Renewable Partners L.P.
Filing Date: 2025-11-12
Form: 424B5
Chunk 14
---
 (680,014,812 LP
Units on a fully-exchanged basis), assuming no exercise of the Over-Allotment Option. After giving effect to this Offering and the Concurrent Private Placement (assuming the exercise of the Over-Allotment Option in full), there will be 308,179,610
LP Units outstanding (682,272,342 LP Units on a fully-exchanged basis).

Brookfield, Brookfield Wealth Solutions Ltd. (together with its
subsidiaries, collectively, “Brookfield Wealth Solutions”) and their related parties (collectively, the “Brookfield Holders”) currently own approximately 48%of the LP Units on a fully-exchanged basis and
the remaining approximate 52%is held by public investors. After giving effect to this Offering and the Concurrent Private Placement, the Brookfield Holders will own approximately 47% of the LP Units on a fully-exchanged basis (approximately
47% if the Over-Allotment Option is exercised in full).

See the Annual Report and “Description of the LP Units” in the
Prospectus for further information regarding the principal rights, privileges, restrictions and conditions attaching to the LP Units.

Each Exchangeable Share is exchangeable at the option of the holder for one LP Unit (subject to adjustment to reflect certain capital events)
or its cash equivalent (the form of payment to be determined at the election of BEPC), subject to a call right held by the Partnership. As of November 7, 2025, there were 144,885,110 Exchangeable Shares outstanding.

Each Class A.2 Share is exchangeable at the option of the holder for (a) one Exchangeable Share (subject to adjustment to reflect
certain capital events) or its cash equivalent (the form of payment to be determined at the election of BRHC) or (b) one LP Unit (subject to adjustment to reflect certain capital events) or its cash equivalent (the form of payment to be
determined at the election of BRHC), provided that, after giving effect to any such exchange, Brookfield will not be permitted to receive a number of Exchangeable Shares that would result in Brookfield owning 9.5% or more of the aggregate fair
market value of all issued and outstanding shares of BEPC. As of November 7, 2025, there were 34,719,683 Class A.2 Shares outstanding.

As of November 7, 2025, there were 144,