Brookfield Infrastructure Overview & Investment Strategies slide image

Brookfield Infrastructure Overview & Investment Strategies

Brookfield Brookfield Listed Affiliates Approximately 75% of Brookfield's permanent capital is invested in our public affiliates, creating strong alignment of interest with our investors 1. Brookfield Infrastructure Partners (NYSE: BIP or BIPC) • • • Invests across utilities, transport, midstream and data Targets 12-15% total returns High-quality cash flows; ~90% of cash flows regulated or contracted Current distribution yield of -5%1 Brookfield Renewable Partners • (NYSE: BEP or BEPC) • • • ~50% of generation from hydro, complemented by wind, utility-scale solar, distributed energy & sustainable solutions Targets long-term total returns of 12-15% ~92% of 2023 generation is contracted Current distribution yield of -5%1 Brookfield Business Partners (NYSE: BBU or BBUC) Invests in business services and industrials companies focused on long-term capital appreciation Targets long-term total returns of 15-20% Acquires high-quality businesses and applies its global investing and operational expertise to create value, with a focus on profitability, sustainable margins and durable cash flows Based on the closing price on either NASDAQ or NYSE as of March 31, 2023. 26
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