Company: BIPC
Filing Date: 2025-03-24
Form Type: 20-F
Source: 0001628280-25-014377
Chunk: 79

Company: Brookfield Infrastructure Corp
Filing Date: 2025-03-24
Form: 20-F
Item: Item 4
Chunk 79
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 information included under Item 4. B “ Business Overview,” Item 6. C “ Board Practices” and Item 7. B “ Related Party Transactions.”

72 Brookfield Infrastructure Corporation

(1) Brookfield’s general partner interest is held through Brookfield Infrastructure Partners Limited, a Bermuda company that is

indirectly wholly owned by Brookfield.

(2) Brookfield’s special general partner interest is held through Brookfield Infrastructure Special L. P., a Bermuda limited partnership, the sole general partner of which is Brookfield Infrastructure Special GP Limited, a Bermuda company that is a subsidiary of the Asset Management Company.

(3) The Brookfield Holders’ collective economic interest in the partnership is approximately 26.6% on a fully exchanged basis.

(4) Brookfield’s limited partnership interest in the Holding LP, held in Redeemable Partnership Units, is redeemable for cash or exchangeable for units in accordance with a redemption−exchange mechanism, pursuant to which BN can acquire units in exchange for Redeemable Partnership Units on a one for one basis, which could result in the Brookfield Holders collectively eventually owning approximately 29.9% of the issued and outstanding units assuming exchange of all Redeemable Partnership Units (and including the issued and outstanding units that the Brookfield Holders currently also own).

(5) The Service Providers provide services to the Service Recipients pursuant to the Master Services Agreement. The Service Providers are subsidiaries of the Asset Management Company.

(6) The partnership owns all of the class B shares through its subsidiaries and members of the public hold all of the exchangeable shares. The exchangeable shares and the class B shares hold 25% and 75%, respectively, of the aggregate voting rights of our company.

(7) The share capital of BIHC is comprised of class A.1 exchangeable shares, class A.2 exchangeable shares, BIHC class B shares and class C shares. BIPC owns all of the class A.1 exchangeable shares, which hold an aggregate 25% voting interest in BIHC. Brookfield holds all of the class A.2 exchangeable shares, which are non-voting. The BIHC class B shares hold an aggregate 75% voting interest in BIHC and are held 662/3% by a subsidiary of the partnership and 331/3% by BIPC. The class C shares are non-voting and are held by a subsidiary of the partnership. Through their respective ownership of class A.1 exchangeable shares and BIHC