Mr. Simon Maine reports

BROOKFIELD INFRASTRUCTURE ANNOUNCES CLOSING DATE OF REORGANIZATION

Brookfield Infrastructure Partners LP and Brookfield Infrastructure Corp. have received all required shareholder, court and regulatory approvals for the previously announced proposed reorganization of Brookfield Infrastructure Corp. Accordingly, the arrangement will become effective prior to markets open on Dec. 24, 2024.

As a result of the arrangement, in exchange for their Class A exchangeable subordinate voting shares of Brookfield Infrastructure Corp., Brookfield Infrastructure Corp. shareholders will automatically receive new Class A exchangeable shares (new exchangeable shares) that provide the same economic benefits and governance of investing in Brookfield Infrastructure Corp. today. The new exchangeable shares will be listed on the Toronto Stock Exchange and New York Stock Exchange under the symbol BIPC.

About Brookfield Infrastructure Partners LP

Brookfield Infrastructure is a leading global infrastructure company that owns and operates high-quality, long-life assets in the utilities, transport, mid-stream and data sectors across the Americas, Asia Pacific and Europe. It is focused on assets that have contracted and regulated revenues that generate predictable and stable cash flows. Investors can view its portfolio either through Brookfield Infrastructure Partners LP, a Bermuda-based limited partnership, or Brookfield Infrastructure Corp., a Canadian corporation.

Brookfield Infrastructure is the flagship listed infrastructure company of Brookfield Asset Management, a global alternative asset manager with over $1-trillion of assets under management.

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