Company: BIPC
Filing Date: 2025-03-24
Form Type: 20-F
Source: 0001628280-25-014377
Chunk: 307

Company: Brookfield Infrastructure Corp
Filing Date: 2025-03-24
Form: 20-F
Item: Item 10
Chunk 307
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                          EXCHANGEABLE SHARES                                                                                                                                                                                       UNITS  
  Exchange by Holder      Shareholders have the right to exchange all or a portion of their exchangeable shares for one unit per exchangeable share held (subject to adjustment in the event of certain dilutive or other c...      N/A.   
                                                                                                                                                                                                                                           
                          The partnership may elect to satisfy our company’s exchange obligation by acquiring all of the tendered exchangeable shares for one unit per exchangeable share held (subject to adjustment in th...             
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236 Brookfield Infrastructure Corporation

                            EXCHANGEABLE SHARES                                                                                                                                                                                       UNITS  
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  Redemption by Issuer      Our board has the right upon sixty (60) days’ prior written notice to shareholders to redeem all of the then outstanding exchangeable shares at any time and for any reason, in its sole discreti...      N/A.   

Brookfield Infrastructure Corporation 237

                                       EXCHANGEABLE SHARES                                                                                                                                                                                       UNITS                                                                                                                                                                                                 
 ───────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────
  Redemption by Issuer, Continued      Upon any liquidation, dissolution or winding up of the partnership, including where substantially concurrent with a liquidation, dissolution or winding up of our company, all of the then outsta...      N/A.                                                                                                                                                                                                  
  Qualification                        N/A.                                                                                                                                                                                                      If the partnership’s general partner determines in its sole discretion that it is no longer in the partnership’s best interests to continue as a partnership for U. S. federal income tax purpose...  

238 Brookfield Infrastructure Corporation

                   EXCHANGEABLE SHARES                                                                                                                                                                                       UNITS                                                                                                                                                                                                 
 ───────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────
  Liquidation      Upon any liquidation, dissolution or winding up of our company, and subject to the prior rights of