Company: BPYPN
Filing Date: 2025-03-21
Form Type: 20-F
Source: 0001545772-25-000008
Chunk: 222

Company: Brookfield Property Partners L.P.
Filing Date: 2025-03-21
Form: 20-F
Item: Item 16B
Chunk 222
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ITEM 16B. CODE OF ETHICS

On April 4, 2013, the BPY General Partner adopted the Code of Conduct that applies to the members of the board of directors and officers of the BPY General Partner, our company, and employees of our company and affiliates. The Code of Conduct is reviewed and updated annually. We have posted a copy of the Code of Conduct on our website at bpy. brookfield. com.

ITEM16C. PRINCIPAL ACCOUNTANT FEES AND SERVICES

The BPY General Partner has retained Deloitte LLP (PCAOB ID No. 1208

The table below summarizes the fees for professional services rendered by Deloitte LLP for the audit of our annual financial statements for the periods ended December 31, 2024 and 2023.

                              December 31, 2024                           December 31, 2023                       
  (US$ Thousands)             Total                                %      Total                              %    
 ──────────────────────────────────────────────────────────────────────────────────────────────────────────────────
  Audit fees (1)              $                       9,568       27      $                      10,285      34   
  Audit-related fees (2)                             24,911       71                             20,136      66   
  Tax fees (3)                273                                  1      97                                 —    
  Other (4)                   248                                  1      51                                 —    
  Total                       $                      35,000      100      $                      30,569      100  

(1)Audit fees include fees for the audit of our 2024 annual consolidated financial statements and the review of the consolidated financial statements included in our quarterly interim reports. This category also includes fees for comfort letters, consents and review of certain documents filed with securities regulatory authorities.

(2) Audit-related fees include fees for the audit or review of financial statements for certain of our subsidiaries, including audits of individual properties to comply with lender, joint venture partner or tenant requirements.

(3) Tax fees are principally for assistance in tax return preparation and tax advisory services.

(4) All other fees include fees for certain permissible consulting and advisory services, including assistance with corporate and social responsibility reporting.

The audit committee of the BPY General Partner pre-approves all audit and non-audit services provided to our partnership by Deloitte LLP.

ITEM16D. EXEMPTIONS FROM THE LISTING STANDARDS FOR AUDIT