approval for the issuance of up to an additional 9,000,000 BIPC Shares in connection with the Offer, such number being 25% of the number of securities approved by security holders for the Offer.
The Offer is being effected at arms length and the issuance of BIPC Shares is not expected to materially affect control of BIPC. The BIPC
Share Issuance and the Offer are expected to close not earlier than five (5) business days after dissemination of this press release.
Brookfield Infrastructure encourages IPL shareholders to read the full details of the Offer set forth in the Offer to Purchase and Bid Circular (the
Offer and Circular, as amended on June 4, 2021, June 21, 2021, July 13, 2021 and July 19, 2021), which contains the full terms and conditions of the Offer and other important information as well as detailed
instructions on how IPL shareholders can tender their IPL shares to the Offer.
Shareholders who have questions or require assistance in depositing
IPL shares to the Offer, IPL shareholders should contact the Information Agent and Depositary, Laurel Hill Advisory Group, by telephone at
1-877-452-7184 (North American Toll Free Number) or
416-304-0211 (outside North America) or by email at assistance@laurelhill.com.
Copies of the Offer and Circular are available without charge on request from the Information Agent and are available at www.ipl-offer.com or on SEDAR at
www.sedar.com.
Brookfield Infrastructure is a leading global infrastructure company that owns and operates high-quality, long-life assets in the utilities,
transport, midstream and data sectors across North and South America, Asia Pacific and Europe. We are focused on assets that have contracted and regulated revenues that generate predictable and stable cash flows. Investors can access its portfolio
either through Brookfield Infrastructure Partners L.P. (NYSE: BIP; TSX: BIP.UN), a Bermuda-based limited partnership, or Brookfield Infrastructure Corporation (NYSE, TSX: BIPC), a Canadian corporation. Further information is available at www.brookfield.com/infrastructure.
Brookfield Infrastructure Partners is the flagship listed infrastructure company of Brookfield Asset Management, a global alternative asset manager with
over US$600 billion of assets under management. For more information, go to www.brookfield.com.
No Offer or Solicitation
This news release is for
informational purposes only and does not constitute an offer to buy or sell, or a solicitation of an offer to sell or buy, any securities. The offer to acquire IPL securities and to issue securities of BIPC will be made solely by, and subject to the
terms and conditions set out in the formal offer to purchase and bid circular and accompanying letter of transmittal and notice of guaranteed delivery.
NOTICE
TO U.S. HOLDERS OF IPL SHARES
In connection with the Offer and the Offer, Brookfield Infrastructure has filed a Registration Statement on
Form F-4, Amendment No. 1, Amendment No. 2, Amendment No. 3, Amendment No. 4 and Amendment No. 5 thereto with the United States Securities and Exchange Commission (the SEC)
under the U.S. Securities Act of 1933, as amended, which has not yet become effective, which contain a prospectus relating to the Offer. The BIPC Shares may not be sold nor may offers to buy be accepted prior to the time the registration statement
becomes effective. SHAREHOLDERS AND OTHER INTERESTED PARTIES ARE URGED TO READ SUCH REGISTRATION STATEMENT, AS AMENDED, AND ANY AND ALL OTHER RELEVANT DOCUMENTS FILED OR TO BE FILED WITH THE SEC IN CONNECTION WITH THE OFFER, AS WELL AS ANY
AMENDMENTS OR SUPPLEMENTS TO ANY SUCH DOCUMENTS, AS EACH BECOMES AVAILABLE, BECAUSE EACH CONTAINS OR WILL CONTAIN IMPORTANT INFORMATION ABOUT BROOKFIELD INFRASTRUCTURE, IPL AND THE OFFER. Materials filed with the SEC are available electronically
without charge at the SECs website (www.sec.gov) under the issuer profiles for BIP and BIPC, or on request without charge from Brookfield Infrastructure, at 250 Vesey Street, 15th Floor, New York, New York, 10281-1023 or
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