BIPC

Brookfield Infrastructure Corporation holds exchangeable subordinate voting shares that provide economic equivalency to Brookfield Infrastructure Partners L.P. units, offering an alternative corporate structure to the partnership. This entity was created to provide investors with exposure to the same global infrastructure platform while addressing preferences for corporate share structures over partnership units. BIPC shares are exchangeable into BIP units on a one-for-one basis and receive equivalent distributions. The company provides the same underlying investment in utilities, transport, midstream, and data infrastructure assets spanning multiple continents. Investors receive identical economic benefits including cash distributions supported by essential infrastructure services with inflation protection. The corporate structure appeals to investors who prefer receiving 1099 tax forms rather than K-1 partnership schedules or those with restrictions on holding partnership interests. Both BIP and BIPC offer exposure to Brookfield's infrastructure expertise, acquisition capabilities, and operational excellence. The shares provide diversified exposure to infrastructure assets essential to the global economy while generating stable cash flows and distribution growth.