Company: BEP
Filing Date: 2025-04-02
Form Type: 424B3
Source: 0001193125-25-071429
Chunk: 19

Company: Brookfield Renewable Partners L.P.
Filing Date: 2025-04-02
Form: 424B3
Chunk 19
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 outstanding shares of our company) or LP units. As of the date of this prospectus, there are 34,719,683 Class A.2 Shares issued and outstanding, all of which are held by the Brookfield
Group.

Class B Shares

Voting. Except as otherwise expressly provided in our articles or as required by law, each holder of BEPC class B shares is
entitled to receive notice of, and to attend and vote at, all meetings of our shareholders. Except as otherwise expressly provided in our articles or as required by law, the holders of exchangeable shares and BEPC class B shares will vote together
and not as separate classes. The holders of the BEPC class B shares are entitled to cast, in the aggregate, a number of votes equal to three times the number of votes attached to the exchangeable shares.

Dividends. The holders of BEPC class B shares are entitled to receive dividends as and when declared by our company’s board
of directors subject to the special rights of the holders of exchangeable shares and any other shares ranking senior to the BEPC class B shares with respect to priority in payment of dividends.

Subject to the rights of holders of exchangeable shares at the time outstanding having prior rights as to dividends and the payment to any
holders of exchangeable shares who have delivered notices of exchange, each BEPC class B share entitles its holder to dividends as and when declared by our company’s board of directors.

In the event a dividend is declared and paid on the exchangeable shares consisting of exchangeable shares, our company’s board of
directors will, subject to applicable law, contemporaneously declare and pay an equivalent dividend on the BEPC class B shares consisting of BEPC class B shares.

Liquidation. Upon any liquidation, dissolution or winding up of our company, after the payment in full of the amount due to the
holders of exchangeable shares described above in “—Liquidation”, the remaining assets and property of our company will be distributed among the holders of the BEPC class B shares.

Redemption by Holder. Holders of BEPC class B shares have the right to tender all or a portion of their BEPC class B shares for
cash for each BEPC class B share equal to the NYSE closing price of one unit (subject to adjustment in the event of certain dilutive or other capital events by our company or the Partnership as described above in “—Exchange by Holder—Adjustments to Reflect Certain Capital Events”) on the date of the request