BIPC News & Events

Brookfield Infrastructure Partners announced that the Toronto Stock Exchange accepted a notice filed by BIP of its intention to renew its normal course issuer bid for its outstanding limited partnership units and its cumulative class A preferred limited partnership units. Brookfield Infrastructure Corporation also announced that the TSX accepted a notice filed by BIPC of its intention to renew its normal course issuer bid for its outstanding class A exchangeable subordinate voting shares. BIP and BIPC believe that the renewed normal course issuer bid will provide the flexibility to use available funds to purchase Units or Exchangeable Shares, as applicable, should they be trading in price ranges that do not fully reflect their value. Under BIP's normal course issuer bid, the Board of Directors of the general partner of BIP authorized BIP to repurchase up to 5% of the issued and outstanding LP Units, or up to 23,062,017 LP Units. At the close of business on November 19, 2025, there were 461,240,345 LP Units issued and outstanding. Under BIP's normal course issuer bid, it may repurchase up to 101,883 LP Units on the TSX during any trading day, which represents 25% of the average daily trading volume of 407,532 LP Units on the TSX for the six months ended October 31, 2025, calculated in accordance with the rules of the TSX.

Brookfield Infrastructure "announced that it has made the necessary Canadian and U.S. securities filings to enable an "at the market" equity issuance program. Under the ATM Program, BIPC may, at its discretion, offer and sell up to $400 million (or the Canadian dollar equivalent) of class A exchangeable subordinate voting shares (the "BIPC Shares") directly from treasury. These shares may be sold to the public from time to time at prevailing market prices through the Toronto Stock Exchange, the New York Stock Exchange or any other marketplace in Canada or the United States where BIPC Shares may be traded. As a result, sale prices of the BIPC Shares sold under the ATM Program, if any, may vary among purchasers and throughout the distribution period. The ATM Program will provide BIPC with flexibility to issue BIPC Shares directly into the market at times when conditions are favorable."