Company: BIPC
Filing Date: 2025-04-15
Form Type: POS AM
Source: 0001193125-25-081617
Chunk: 19

Company: Brookfield Infrastructure Corp
Filing Date: 2025-04-15
Form: POS AM
Chunk 19
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herein, the holder of exchangeable shares who has exchanged its exchangeable shares will have no further right, with respect to any exchangeable shares so exchanged, to receive any dividends on exchangeable shares with a record date on or after the
date on which such exchangeable shares are exchanged.

In lieu of our company delivering LP units or paying cash as described in the
preceding paragraph, the Partnership, in its sole discretion, may elect to satisfy our exchange obligation by acquiring all of the tendered exchangeable shares in exchange for issuing directly to such tendering holder one LP unit per exchangeable
share held (subject to adjustment in the event of certain dilutive or other capital events by our company or the Partnership as described below in “—Adjustments to Reflect Certain Capital Events”) or its cash equivalent based
on the NYSE closing price of one LP unit on the date that the request for exchange is received by our transfer agent (or if not a trading day, the next trading day thereafter) plus all Unpaid Dividends, if any (the form of payment to be determined
at the sole election of the Partnership). If the Partnership elects to satisfy our exchange obligation directly (in lieu of our company delivering LP units or cash as described above), it shall, within three (3) business days from the receipt
of the holder’s notice of exchange, provide written notice to our transfer agent of its intention to satisfy the exchange obligation and shall satisfy such obligation within ten (10) business days from the date that the notice of exchange
is received by our transfer agent by delivering to such holder of exchangeable shares the LP units or its cash equivalent. Unitholders are not entitled to vote on the Partnership’s exercise of the overriding call right described in the
preceding sentences.

On March 31, 2025, the Rights Agreement (the “Rights Agreement”) between Brookfield Corporation and
Wilmington Trust, National Association expired in accordance with its terms.

No Fractional LP Units. No fractional LP units will
be issued or delivered upon exchange of exchangeable shares. In lieu of any fractional LP units to which the tendering holder of exchangeable shares would otherwise be entitled at our group’s election, our group will pay an amount in cash equal
to the LP unit value on the trading day immediately preceding the exchange date multiplied by such fraction of a LP unit.

8

Conversion of Tendered Exchangeable Shares. Brookfield Infrastructure is entitled at
any time to have any or all exchangeable shares acquired by