Sec Form 13D Filing - Brookfield Corp filing for Brookfield Infrastructure Corp (BIPC) - 2020-04-08

Insider filing report for Changes in Beneficial Ownership

  • Schedule 13G & 13D forms are used to report a party's ownership of stock which exceeds 5% of a company's total stock issue.
  • Schedule 13G is a shorter version of Schedule 13D with fewer reporting requirements.
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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

 

 

SCHEDULE 13D

UNDER THE SECURITIES EXCHANGE ACT OF 1934

 

 

Brookfield Infrastructure Corporation

(Name of Issuer)

class A exchangeable subordinate voting shares, no par value

(Title of Class of Securities)

11275Q107

(CUSIP Number)

Justin B. Beber

Brookfield Asset Management Inc.

Brookfield Place

181 Bay Street, Suite 300

Toronto, Ontario M5J 2T3

(416) 363-9491

(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)

March 31, 2020

(Date of Event Which Requires Filing of This Statement)

 

 

If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box.  ☐

The information required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act.

 

 

 


CUSIP No. 11275Q107

 

  1    

  NAMES OF REPORTING PERSONS

 

  BROOKFIELD ASSET MANAGEMENT INC.

  2    

  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

  (a)  ☐        (b)  ☐

 

  3    

  SEC USE ONLY

 

  4    

  SOURCE OF FUNDS (SEE INSTRUCTIONS)

 

  OO

  5    

  CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(D) OR 2(E)

 

  ☐

  6    

  CITIZENSHIP OR PLACE OF ORGANIZATION

 

  ONTARIO

NUMBER OF

SHARES

  BENEFICIALLY  

OWNED BY

EACH

REPORTING

PERSON

WITH

    7     

  SOLE VOTING POWER

 

  1,000,000

  8     

  SHARED VOTING POWER

 

  12,755,893

  9     

  SOLE DISPOSITIVE POWER

 

  1,000,000

  10     

  SHARED DISPOSITIVE POWER

 

  12,755,893

11    

  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

  13,755,893

12    

  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)

 

  ☐

13    

  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

  29.7%(1)(2)

14    

  TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)

 

  CO

 

(1)

Percentage ownership is based on an aggregate number of outstanding class A exchangeable voting shares (the “Class A Shares”) of the Issuer of 46,349,323 as of March 31, 2020.

(2)

Brookfield Infrastructure Partners L.P. beneficially owns all of the issued and outstanding class B multiple voting shares of the Issuer, which represent a 75% voting interest in the Issuer. Together, Brookfield Asset Management Inc. and Brookfield Infrastructure Partners L.P. hold an approximate 82% voting interest in the Issuer.


CUSIP No. 11275Q107

 

  1    

  NAMES OF REPORTING PERSONS

 

  PARTNERS VALUE INVESTMENTS LP

  2    

  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

  (a)  ☐        (b)  ☐

 

  3    

  SEC USE ONLY

 

  4    

  SOURCE OF FUNDS (SEE INSTRUCTIONS)

 

  OO

  5    

  CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(D) OR 2(E)

 

  ☐

  6    

  CITIZENSHIP OR PLACE OF ORGANIZATION

 

  ONTARIO

NUMBER OF

SHARES

  BENEFICIALLY  

OWNED BY

EACH

REPORTING

PERSON

WITH

    7     

  SOLE VOTING POWER

 

  84,887(3)

  8     

  SHARED VOTING POWER

 

  0

  9     

  SOLE DISPOSITIVE POWER

 

  84,887(3)

  10     

  SHARED DISPOSITIVE POWER

 

  0

11    

  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

  84,887(3)

12    

  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)

 

  ☐

13    

  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

  0.2%(4)

14    

  TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)

 

  PN

 

(3)

Partners Value Investments LP has sole voting and dispositive power through its 100% owned subsidiary, Partners Value Investments Inc.

(4)

Percentage ownership is based on an aggregate number of outstanding Class A Shares of the Issuer of 46,349,323 as of March 31, 2020.


CUSIP No. 11275Q107

 

  1    

  NAMES OF REPORTING PERSONS

 

  PARTNERS LIMITED

  2    

  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

  (a)  ☐        (b)  ☐

 

  3    

  SEC USE ONLY

 

  4    

  SOURCE OF FUNDS (SEE INSTRUCTIONS)

 

  OO

  5    

  CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(D) OR 2(E)

 

  ☐

  6    

  CITIZENSHIP OR PLACE OF ORGANIZATION

 

  ONTARIO

NUMBER OF

SHARES

  BENEFICIALLY  

OWNED BY

EACH

REPORTING

PERSON

WITH

    7     

  SOLE VOTING POWER

 

  4,233

  8     

  SHARED VOTING POWER

 

  13,840,780(5)

  9     

  SOLE DISPOSITIVE POWER

 

  4,233

  10     

  SHARED DISPOSITIVE POWER

 

  13,840,780(5)

11    

  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

  13,845,013

12    

  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)

 

  ☐

13    

  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

  29.9%(6)

14    

  TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)

 

  CO

 

(5)

Includes 13,755,893 Class A Shares beneficially owned by Brookfield Asset Management Inc. and 84,887 Class A Shares beneficially owned by Partners Value Investments LP.

(6)

Percentage ownership is based on an aggregate number of outstanding Class A Shares of the Issuer of 46,349,323 as of March 31, 2020.


CUSIP No. 11275Q107

 

  1    

  NAMES OF REPORTING PERSONS

 

  BIPC HOLDING LP

  2    

  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

  (a)  ☐        (b)  ☐

 

  3    

  SEC USE ONLY

 

  4    

  SOURCE OF FUNDS (SEE INSTRUCTIONS)

 

  OO

  5    

  CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(D) OR 2(E)

 

  ☐

  6    

  CITIZENSHIP OR PLACE OF ORGANIZATION

 

  ONTARIO

NUMBER OF

SHARES

  BENEFICIALLY  

OWNED BY

EACH

REPORTING

PERSON

WITH

    7     

  SOLE VOTING POWER

 

  0

  8     

  SHARED VOTING POWER

 

  12,755,893

  9     

  SOLE DISPOSITIVE POWER

 

  0

  10     

  SHARED DISPOSITIVE POWER

 

  12,755,893

11    

  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

  12,755,893

12    

  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)

 

  ☐

13    

  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

  27.5%(7)

14    

  TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)

 

  PN

 

(7)

Percentage ownership is based on an aggregate number of outstanding Class A Shares of the Issuer of 46,349,323 as of March 31, 2020.


CUSIP No. 11275Q107

 

  1    

  NAMES OF REPORTING PERSONS

 

  BIPC GP HOLDINGS INC.

  2    

  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

  (a)  ☐        (b)  ☐

 

  3    

  SEC USE ONLY

 

  4    

  SOURCE OF FUNDS (SEE INSTRUCTIONS)

 

  OO

  5    

  CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(D) OR 2(E)

 

  ☐

  6    

  CITIZENSHIP OR PLACE OF ORGANIZATION

 

  ONTARIO

NUMBER OF

SHARES

  BENEFICIALLY  

OWNED BY

EACH

REPORTING

PERSON

WITH

    7     

  SOLE VOTING POWER

 

  0

  8     

  SHARED VOTING POWER

 

  12,755,893

  9     

  SOLE DISPOSITIVE POWER

 

  0

  10     

  SHARED DISPOSITIVE POWER

 

  12,755,893

11    

  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

  12,755,893

12    

  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)

 

  ☐

13    

  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

  27.5%(8)

14    

  TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)

 

  CO

 

(8)

Percentage ownership is based on an aggregate number of outstanding Class A Shares of the Issuer of 46,349,323 as of March 31, 2020.


CUSIP No. 11275Q107

 

  1    

  NAMES OF REPORTING PERSONS

 

  BIG HOLDINGS L.P.

  2    

  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

  (a)  ☐        (b)  ☐

 

  3    

  SEC USE ONLY

 

  4    

  SOURCE OF FUNDS (SEE INSTRUCTIONS)

 

  OO

  5    

  CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(D) OR 2(E)

 

  ☐

  6    

  CITIZENSHIP OR PLACE OF ORGANIZATION

 

  MANITOBA

NUMBER OF

SHARES

  BENEFICIALLY  

OWNED BY

EACH

REPORTING

PERSON

WITH

    7     

  SOLE VOTING POWER

 

  0

  8     

  SHARED VOTING POWER

 

  12,755,893

  9     

  SOLE DISPOSITIVE POWER

 

  0

  10     

  SHARED DISPOSITIVE POWER

 

  12,755,893

11    

  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

  12,755,893

12    

  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)

 

  ☐

13    

  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

  27.5%(9)

14    

  TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)

 

  PN

 

(9)

Percentage ownership is based on an aggregate number of outstanding Class A Shares of the Issuer of 46,349,323 as of March 31, 2020.


CUSIP No. 11275Q107

 

  1    

  NAMES OF REPORTING PERSONS

 

  BROOKFIELD INFRASTRUCTURE GROUP LIMITED

  2    

  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

  (a)  ☐        (b)  ☐

 

  3    

  SEC USE ONLY

 

  4    

  SOURCE OF FUNDS (SEE INSTRUCTIONS)

 

  OO

  5    

  CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(D) OR 2(E)

 

  ☐

  6    

  CITIZENSHIP OR PLACE OF ORGANIZATION

 

  ONTARIO

NUMBER OF

SHARES

  BENEFICIALLY  

OWNED BY

EACH

REPORTING

PERSON

WITH

    7     

  SOLE VOTING POWER

 

  0

  8     

  SHARED VOTING POWER

 

  12,755,893

  9     

  SOLE DISPOSITIVE POWER

 

  0

  10     

  SHARED DISPOSITIVE POWER

 

  12,755,893

11    

  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

  12,755,893

12    

  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)

 

  ☐

13    

  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

  27.5%(10)

14    

  TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)

 

  CO

 

(10)

Percentage ownership is based on an aggregate number of outstanding Class A Shares of the Issuer of 46,349,323 as of March 31, 2020.


CUSIP No. 11275Q107

 

  1    

  NAMES OF REPORTING PERSONS

 

  BAM INFRASTRUCTURE GROUP L.P.

  2    

  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

  (a)  ☐        (b)  ☐

 

  3    

  SEC USE ONLY

 

  4    

  SOURCE OF FUNDS (SEE INSTRUCTIONS)

 

  OO

  5    

  CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(D) OR 2(E)

 

  ☐

  6    

  CITIZENSHIP OR PLACE OF ORGANIZATION

 

  MANITOBA

NUMBER OF

SHARES

  BENEFICIALLY  

OWNED BY

EACH

REPORTING

PERSON

WITH

    7     

  SOLE VOTING POWER

 

  0

  8     

  SHARED VOTING POWER

 

  12,755,893

  9     

  SOLE DISPOSITIVE POWER

 

  0

  10     

  SHARED DISPOSITIVE POWER

 

  12,755,893

11    

  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

  12,755,893

12    

  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)

 

  ☐

13    

  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

  27.5%(11)

14    

  TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)

 

  PN

 

(11)

Percentage ownership is based on an aggregate number of outstanding Class A Shares of the Issuer of 46,349,323 as of March 31, 2020.


CUSIP No. 11275Q107

 

  1    

  NAMES OF REPORTING PERSONS

 

  BAM LIMITED

  2    

  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

  (a)  ☐        (b)  ☐

 

  3    

  SEC USE ONLY

 

  4    

  SOURCE OF FUNDS (SEE INSTRUCTIONS)

 

  OO

  5    

  CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(D) OR 2(E)

 

  ☐

  6    

  CITIZENSHIP OR PLACE OF ORGANIZATION

 

  ONTARIO

NUMBER OF

SHARES

  BENEFICIALLY  

OWNED BY

EACH

REPORTING

PERSON

WITH

    7     

  SOLE VOTING POWER

 

  0

  8     

  SHARED VOTING POWER

 

  12,755,893

  9     

  SOLE DISPOSITIVE POWER

 

  0

  10     

  SHARED DISPOSITIVE POWER

 

  12,755,893

11    

  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

  12,755,893

12    

  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)

 

  ☐

13    

  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

  27.5%(12)

14    

  TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)

 

  CO

 

(12)

Percentage ownership is based on an aggregate number of outstanding Class A Shares of the Issuer of 46,349,323 as of March 31, 2020.


CUSIP No. 11275Q107

 

  1    

  NAMES OF REPORTING PERSONS

 

  BROOKFIELD INFRASTRUCTURE GROUP BERMUDA LIMITED

  2    

  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

  (a)  ☐        (b)  ☐

 

  3    

  SEC USE ONLY

 

  4    

  SOURCE OF FUNDS (SEE INSTRUCTIONS)

 

  OO

  5    

  CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(D) OR 2(E)

 

  ☐

  6    

  CITIZENSHIP OR PLACE OF ORGANIZATION

 

  BERMUDA

NUMBER OF

SHARES

  BENEFICIALLY  

OWNED BY

EACH

REPORTING

PERSON

WITH

    7     

  SOLE VOTING POWER

 

  0

  8     

  SHARED VOTING POWER

 

  0

  9     

  SOLE DISPOSITIVE POWER

 

  0

  10     

  SHARED DISPOSITIVE POWER

 

  0

11    

  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

  0

12    

  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)

 

  ☐

13    

  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

  0%

14    

  TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)

 

  CO


CUSIP No. 11275Q107

 

  1    

  NAMES OF REPORTING PERSONS

 

  BROOKFIELD INFRASTRUCTURE PARTNERS LIMITED

  2    

  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

  (a)  ☐        (b)  ☐

 

  3    

  SEC USE ONLY

 

  4    

  SOURCE OF FUNDS (SEE INSTRUCTIONS)

 

  OO

  5    

  CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(D) OR 2(E)

 

  ☐

  6    

  CITIZENSHIP OR PLACE OF ORGANIZATION

 

  BERMUDA

NUMBER OF

SHARES

  BENEFICIALLY  

OWNED BY

EACH

REPORTING

PERSON

WITH

    7     

  SOLE VOTING POWER

 

  0

  8     

  SHARED VOTING POWER

 

  0

  9     

  SOLE DISPOSITIVE POWER

 

  0

  10     

  SHARED DISPOSITIVE POWER

 

  0

11    

  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

  0

12    

  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)

 

  ☐

13    

  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

  0%

14    

  TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)

 

  CO


CUSIP No. 11275Q107

 

  1    

  NAMES OF REPORTING PERSONS

 

  BROOKFIELD INFRASTRUCTURE PARTNERS L.P.

  2    

  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

  (a)  ☐        (b)  ☐

 

  3    

  SEC USE ONLY

 

  4    

  SOURCE OF FUNDS (SEE INSTRUCTIONS)

 

  OO

  5    

  CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(D) OR 2(E)

 

  ☐

  6    

  CITIZENSHIP OR PLACE OF ORGANIZATION

 

  BERMUDA

NUMBER OF

SHARES

  BENEFICIALLY  

OWNED BY

EACH

REPORTING

PERSON

WITH

    7     

  SOLE VOTING POWER

 

  0

  8     

  SHARED VOTING POWER

 

  0

  9     

  SOLE DISPOSITIVE POWER

 

  0

  10     

  SHARED DISPOSITIVE POWER

 

  0

11    

  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

  0

12    

  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)

 

  ☐

13    

  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

  0%(13)

14    

  TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)

 

  PN

 

(13)

Brookfield Infrastructure Partners L.P. beneficially owns all of the issued and outstanding class B multiple voting shares of the Issuer, which represent a 75% voting interest in the Issuer. Together, Brookfield Asset Management Inc. and Brookfield Infrastructure Partners L.P. hold an approximate 82% voting interest in the Issuer.


Item 1. Security and Issuer.

The class of equity securities to which this statement relates is the class A exchangeable subordinate voting shares, no par value (the “Class A Shares”), of Brookfield Infrastructure Corporation, a corporation organized under the laws of British Columbia, Canada (the “Issuer”), with principal executive offices at 250 Vesey Street, 15th Floor, New York, NY 10281.

Item 2. Identity and Background.

(a) This Schedule 13D is being filed by and on behalf of each of the following persons (each, a “Reporting Person”):

 

  (i)

BIPC Holding LP, an Ontario limited partnership (“BIPC Holding”), with respect to the Class A Shares of the Issuer owned by it;

 

  (ii)

BIPC GP Holdings Inc., an Ontario corporation (“BIPC GP”), which serves as the general partner of BIPC Holding;

 

  (iii)

Brookfield Infrastructure Partners L.P., a Bermuda limited partnership (“BIP”);

 

 
  (iv)

Brookfield Infrastructure Partners Limited, a Bermuda corporation (“BIPL”), which serves as the general partner of BIP;

 

  (v)

Brookfield Infrastructure Group Bermuda Limited, a Bermuda corporation (“BIGBL”), which owns all of the equity interests of BIPL;

 

  (vi)

BIG Holdings L.P., a Manitoba limited partnership (“BIG Holdings”), which owns all of the equity interests of BIPC GP and BIGBL;

 

  (vii)

Brookfield Infrastructure Group Limited, an Ontario corporation (“BIGL”), which serves as the general partner of BIG Holdings;

 

  (viii)

BAM Infrastructure Group L.P., a Manitoba limited partnership (“BIG LP”), which beneficially owns all of the outstanding equity interests of BIGL and limited partnership interests of BIG Holdings;

 

  (ix)

BAM Limited, an Ontario corporation (“BAM Limited”), which serves as the general partner of BIG LP;

 

  (x)

Brookfield Asset Management Inc. (“Brookfield”), a corporation formed under the laws of the Province of Ontario, Canada, which beneficially owns all of the outstanding equity interests of BAM Limited and the limited partnership interests of BIG LP, and is the ultimate parent of BIPC Holding, BIPC GP, BIP, BIPL, BIGBL, BIG Holdings, BIGL, and BIG LP;

 

  (xi)

Partners Value Investment LP, an Ontario limited partnership (“Value Investments”), with respect to the Class A Shares of the Issuer owned by it; and

 

  (xii)

Partners Limited (“Partners”) is a corporation formed under the laws of the Province of Ontario. Partners holds 85,120 Class B limited voting shares of Brookfield, representing 100% of such shares, 1,301,242 Class A limited voting shares of Brookfield (adjusted to reflect a 3-for-2 stock split of Class A limited voting shares of Brookfield completed on April 1, 2020), representing approximately 0.1% of such shares, and 52% of the equity interests of Value Investments.


The Reporting Persons are making this single, joint filing because they may be deemed to constitute a “group” within the meaning of Section 13(d)(3) of the Act. The agreement among the Reporting Persons to file this Schedule 13D jointly (the “Joint Filing Agreement”) is attached hereto as Exhibit 99.1.

(b)-(c), (f) The principal business of BIPC Holding is investing in securities, including the Class A Shares. The principal business of BIPC GP is to serve as the general partner of BIPC Holding. The principal business of BIP is to own and operate critical and diverse global infrastructure networks which facilitate the movement and storage of energy, water, freight, passengers and data. The principal business of BIPL is to serve as the general partner of BIP. The principal business of BIGBL is that of a holding company. The principal business of BIG Holdings is that of a holding company. The principal business of BIGL is to serve as the general partner of BIG Holdings. The principal business of BIG LP is that of a holding company. The principal business of BAM Limited is to serve as the general partner of BIG LP. The principal business of Brookfield is alternative asset management. The principal business of Value Investments is investing in securities, including the Class A Shares. The principal business of Partners is that of a holding company. The principal business address of the Reporting Persons is 181 Bay Street, Suite 300, Brookfield Place, Toronto, Ontario M5J 2T3, Canada.

Schedules I to VIII hereto set forth a list of all the directors and executive officers (the “Scheduled Persons”), and their respective principal occupations and addresses, of BIPC GP, BIPL, BIGBL, BIGL, BAM Limited, Brookfield, PVI Management Inc., the general partner of Value Investments, and Partners, respectively.

(d)-(e) During the last five years, none of Reporting Persons and, to their respective knowledge, none of the Scheduled Persons, has been: (i) convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors); or (ii) a party to a civil proceeding of a judicial or administrative body of competent jurisdiction as a result of which, he, she or it was or is subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violation with respect to such laws.

Item 3. Source and Amount of Funds or Other Consideration.

The information set forth in Items 5 and 6 of this Schedule 13D is hereby incorporated by reference into this Item 3.

On or about March 31, 2020, the Reporting Persons received an aggregate of 13,845,013 Class A Shares in connection with the previously announced special distribution of Class A Shares of the Issuer to the unitholders of BIP and Brookfield Infrastructure L.P.

Item 4. Purpose of Transaction.

The information set forth in Items 3 and 6 of this Schedule 13D is hereby incorporated by reference into this Item 4.

Brookfield from time to time purchases the publicly traded shares of its subsidiaries and affiliates when these are available on the market at an attractive price relative to their value. Brookfield may begin or cease buying securities at any time. Any additional purchases of securities may be in the open market or privately negotiated transactions or otherwise. Brookfield reserves the right to take actions to influence the management of the Issuer should it deem such actions appropriate. Brookfield and its subsidiaries will hold their respective investments in the Issuer on a continuing basis and such holdings may be increased or decreased in the future.

Other than as described below or contemplated above, none of the Reporting Persons and, to the Reporting Persons’ knowledge, the Scheduled Persons, has any current plans or proposals that relate to or would result in:

 

  (a)

the acquisition by any person of additional securities of the Issuer, or the disposition of securities of the Issuer;

 

  (b)

an extraordinary corporate transaction, such as a merger, reorganization or liquidation, involving the issuer or any of its subsidiaries;

 

  (c)

a sale or transfer of a material amount of assets of the Issuer or any of its subsidiaries;

 

  (d)

any change in the present board of directors or management of the Issuer, including any plans or proposals to change the number or term of directors or to fill any existing vacancies on the board;

 

  (e)

any material change in the present capitalization or dividend policy of the Issuer;


  (f)

any other material change in the Issuer’s business or corporate structure;

 

  (g)

changes in the Issuer’s charter, bylaws or instruments corresponding thereto or other actions which may impede the acquisition of control of the Issuer by any person;

 

  (h)

causing a class of securities of the Issuer to be delisted from a national securities exchange or to cease to be authorized to be quoted in an inter-dealer quotation system of a registered national securities association;

 

  (i)

a class of equity securities of the Issuer becoming eligible for termination of registration pursuant to Section 12(g)(4) of the Securities Exchange Act of 1934; or

 

  (j)

any action similar to any of those enumerated above.

Item 5. Interest in Securities of the Issuer.

The information set forth in Items 2, 3 and 6 of this Schedule 13D and the cover pages of this Schedule 13D is hereby incorporated by reference into this Item 5.

(a)-(b) The aggregate number and percentage of Class A Shares of the Issuer held by the Reporting Persons to which this Schedule 13D relates is 13,889,459 shares, constituting approximately 30.0% of the Issuer’s currently outstanding Class A Shares. The percentage of Class A Shares of the Issuer is based on an aggregate number of Class A Shares of the Issuer of 46,349,323 outstanding as of March 31, 2020.

 

(i)

Brookfield

 

  (a)

As of March 31, 2020, Brookfield may be deemed the beneficial owner of 13,755,893 Class A Shares, constituting a percentage of approximately 29.7%.

 

  (b)

Sole voting power to vote or direct vote: 1,000,000 Class A Shares

Shared voting power to vote or direct vote: 12,755,893 Class A Shares

Sole power to dispose or direct the disposition: 1,000,000 Class A Shares

Shared power to dispose or direct the disposition: 12,755,893 Class A Shares

 

(ii)

Value Investments*

 

  (a)

As of March 31, 2020, Partners may be deemed the beneficial owner of 84,887 Class A Shares, constituting a percentage of approximately 0.3%

 

  (b)

Sole voting power to vote or direct vote: 84,887 Class A Shares

Shared voting power to vote or direct vote: 0 Class A Shares

Sole power to dispose or direct the disposition: 84,887 Class A Shares

Shared power to dispose or direct the disposition: 0 Class A Shares

*Value Investments has sole voting and dispositive power through its 100% owned subsidiary, Partners Value Investments Inc.

 

(iii)

Partners

 

  (a)

As of March 31, 2020, Partners may be deemed the beneficial owner of 13,845,013 Class A Shares, constituting a percentage of approximately 29.9%

 

  (b)

Sole voting power to vote or direct vote: 4,233 Class A Shares

Shared voting power to vote or direct vote: 13,840,780 Class A Shares

Sole power to dispose or direct the disposition: 4,233 Class A Shares

Shared power to dispose or direct the disposition: 13,840,780 Class A Shares


(iv)

BIPC Holding

 

  (a)

As of March 31, 2020, BIPC Holding may be deemed the beneficial owner of 12,755,893 Class A Shares, constituting a percentage of approximately 27.5%

 

  (b)

Sole voting power to vote or direct vote: 0 Class A Shares

Shared voting power to vote or direct vote: 12,755,893 Class A Shares

Sole power to dispose or direct the disposition: 0 Class A Shares

Shared power to dispose or direct the disposition: 12,755,893 Class A Shares

 

(v)

BIPC GP

 

  (a)

As of March 31, 2020, BIPC GP may be deemed the beneficial owner of 12,755,893 Class A Shares, constituting a percentage of approximately 27.5%

 

  (b)

Sole voting power to vote or direct vote: 0 Class A Shares

Shared voting power to vote or direct vote: 12,755,893 Class A Shares

Sole power to dispose or direct the disposition: 0 Class A Shares

Shared power to dispose or direct the disposition: 12,755,893 Class A Shares

 

(vi)

BIP

 

  (a)

As of March 31, 2020, BIP does not beneficially own any Class A Shares

 

  (b)

Sole voting power to vote or direct vote: 0 Class A Shares

Shared voting power to vote or direct vote: 0 Class A Shares

Sole power to dispose or direct the disposition: 0 Class A Shares

Shared power to dispose or direct the disposition: 0 Class A Shares

 

(vii)

BIPL

 

  (a)

As of March 31, 2020, BIPL does not beneficially own any Class A Shares

 

  (b)

Sole voting power to vote or direct vote: 0 Class A Shares

Shared voting power to vote or direct vote: 0 Class A Shares

Sole power to dispose or direct the disposition: 0 Class A Shares

Shared power to dispose or direct the disposition: 0 Class A Shares

 

(viii)

BIGBL

 

  (a)

As of March 31, 2020, BIGBL does not beneficially own any Class A Shares

 

  (b)

Sole voting power to vote or direct vote: 0 Class A Shares

Shared voting power to vote or direct vote: 0 Class A Shares

Sole power to dispose or direct the disposition: 0 Class A Shares

Shared power to dispose or direct the disposition: 0 Class A Shares

 

(ix)

BIG Holdings

 

  (a)

As of March 31, 2020, BIG Holdings may be deemed the beneficial owner of 12,755,893 Class A Shares, constituting a percentage of approximately 27.5%

 

  (b)

Sole voting power to vote or direct vote: 0 Class A Shares

Shared voting power to vote or direct vote: 12,755,893 Class A Shares

Sole power to dispose or direct the disposition: 0 Class A Shares

Shared power to dispose or direct the disposition: 12,755,893 Class A Shares


(x)

BIGL

 

  (a)

As of March 31, 2020, BIGL may be deemed the beneficial owner of 12,755,893 Class A Shares, constituting a percentage of approximately 27.5%

 

  (b)

Sole voting power to vote or direct vote: 0 Class A Shares

Shared voting power to vote or direct vote: 12,755,893 Class A Shares

Sole power to dispose or direct the disposition: 0 Class A Shares

Shared power to dispose or direct the disposition: 12,755,893 Class A Shares

 

(xi)

BIG LP

 

  (a)

As of March 31, 2020, BIG LP may be deemed the beneficial owner of 12,755,893 Class A Shares, constituting a percentage of approximately 27.5%

 

  (b)

Sole voting power to vote or direct vote: 0 Class A Shares

Shared voting power to vote or direct vote: 12,755,893 Class A Shares

Sole power to dispose or direct the disposition: 0 Class A Shares

Shared power to dispose or direct the disposition: 12,755,893 Class A Shares

 

(xii)

BAM Limited

 

  (a)

As of March 31, 2020, BIG LP may be deemed the beneficial owner of 12,755,893 Class A Shares, constituting a percentage of approximately 27.5%

 

  (b)

Sole voting power to vote or direct vote: 0 Class A Shares

Shared voting power to vote or direct vote: 12,755,893 Class A Shares

Sole power to dispose or direct the disposition: 0 Class A Shares

Shared power to dispose or direct the disposition: 12,755,893 Class A Shares

(c) Other than the transactions described in Item 3 herein, there have been no transactions by the Reporting Persons in the Class A Shares during the past 60 days.

(d) Not applicable.

(e) Not applicable.

Item 6. Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer.

The information set forth in Items 3, 4 and 5 hereof is hereby incorporated by reference into this Item 6.

BIP beneficially owns all of the issued and outstanding class B multiple voting shares of the Issuer, which represent a 75% voting interest in the Issuer, and all of the issued and outstanding class C non-voting shares of the Issuer, which entitle BIP to all of the residual value in the Issuer after payment in full of the amount due to holders of Class A Shares and class B shares and subject to the prior rights of holders of preferred shares of the Issuer. Together, Brookfield and BIP hold an approximate 82% voting interest in the Issuer.

Brookfield, the Issuer and BIP have entered into a registration rights agreement, dated as of March 31, 2020 (the “Registration Rights Agreement”). Under the Registration Rights Agreement, the Issuer has agreed that, upon the request of Brookfield, the Issuer will file one or more registration statements or prospectuses to register for sale and qualify for distribution under applicable securities laws any Class A Shares held by Brookfield. The Issuer has also agreed to pay expenses in connection with such registration and sales and will indemnify Brookfield for material misstatements or omissions in the registration statement.

The Issuer has also entered into an equity commitment agreement, dated as of March 31, 2020 (the “Equity Commitment Agreement”) with a subsidiary of BIP in the amount of $1 billion. The equity commitment may be called by the Issuer in exchange for the issuance of a number of class C shares or preferred shares of the Issuer, as the case may be, to BIP or its affiliates, corresponding to the amount of the equity commitment called divided (i) in the case of a subscription for class C shares, by the volume-weighted average of the trading price for one Class A Share on the principal stock exchange on which the Class A Shares are listed for the five (5) days immediately preceding the date of the call, and (ii) in the case of a subscription for preferred shares, $25.00. The equity commitment will be available in minimum amounts of $10 million and the amount available under the equity commitment will be reduced permanently by the amount so called. Before funds may be called on the equity commitment, a number of conditions precedent must be met, including that BIP continues to control the Issuer and has the ability to elect a majority of the Issuer’s board of directors.


Further, pursuant to the articles of the Issuer (the “Articles”), (a) holders of Class A Shares are entitled to exchange their Class A Shares for an equivalent number of limited partnership units of BIP (“BIP Units”) (subject to adjustment to reflect certain capital events) or its cash equivalent (the form of payment to be determined at the election of the Issuer) at any time and (b) BIP may elect to satisfy the Issuer’s exchange obligation by acquiring such tendered Class A Shares for an equivalent number of BIP Units (subject to adjustment to reflect certain capital events) or its cash equivalent. Consequently, as of March 31, 2020, BIP may receive up to 46,349,323 Class A Shares in accordance with the terms of the Class A Shares. On March 31, 2020, Wilmington Trust, National Association and Brookfield entered into the Rights Agreement (the “Rights Agreement”) pursuant to which Brookfield has agreed that, until March 31, 2025, it will, under certain circumstances, satisfy, or cause to be satisfied, the obligations pursuant to the Issuer’s articles of incorporation to exchange Class A Shares for BIP Units or its cash equivalent. Consequently, as of March 31, 2020, Brookfield may receive up to 46,349,323 Class A Shares in accordance with the terms of the Rights Agreement.

The foregoing summaries of the Registration Rights Agreement, Equity Commitment Agreement, Rights Agreement and the Articles described in this Item 6 do not purport to be complete and, as such, are qualified in their entirety by the Registration Rights Agreement, the Equity Commitment Agreement and the Rights Agreement set forth in Exhibits 99.2, 99.3, 99.4, and 99.5 respectfully hereto and incorporated in this Item 6 by reference.

Item 7. Materials to Be Filed as Exhibits.

Exhibit 99.1 Joint Filing Agreement

Exhibit 99.2 Registration Rights Agreement (incorporated by reference to Exhibit 10.2 to the Issuer’s Form 6-K furnished on April 1, 2020)

Exhibit 99.3 Equity Commitment Agreement (incorporated by reference to Exhibit 10.10 to the Issuer’s Form 6-K furnished on April 1, 2020)

Exhibit 99.4 Rights Agreement (incorporated by reference to Exhibit 10.1 to the Issuer’s Form 6-K furnished on April 1, 2020)

Exhibit 99.5 Notice of Articles and Articles of Brookfield Infrastructure Corporation (incorporated by reference to Exhibit 3.1 to the Issuer’s Form 6-K furnished on April 1, 2020)


SIGNATURES

After reasonable inquiry and to the best of my knowledge and belief, the undersigned certifies that the information set forth in this statement is true, complete and correct.

 

April 8, 2020     BROOKFIELD ASSET MANAGEMENT INC.
    By:  

/s/ Jessica Diab

      Name: Jessica Diab
      Title: Vice President
    PARTNERS VALUE INVESTMENTS LP, by its general partner PVI MANAGEMENT INC.
    By:  

/s/ Leslie Yuen

      Name: Leslie Yuen
      Title: Director, Finance
    PARTNERS LIMITED
    By:  

/s/ Brian Lawson

      Name: Brian Lawson
      Title: President
    BIPC HOLDING LP, by its general partner BIPC GP HOLDINGS INC.
    By:  

/s/ Chloe Berry

      Name: Chloe Berry
      Title: Senior Vice President
    BIPC GP HOLDINGS INC.
    By:  

/s/ Chloe Berry

      Name: Chloe Berry
      Title: Senior Vice President
    BIG HOLDINGS L.P., by its general partner BROOKFIELD INFRASTRUCTURE GROUP LIMITED
    By:  

/s/ James Rickert

      Name: James Rickert
      Title: President
    BROOKFIELD INFRASTRUCTURE GROUP LIMITED
    By:  

/s/ James Rickert

      Name: James Rickert
      Title: President


BAM INFRASTRUCTURE GROUP L.P., by its general partner BAM LIMITED
By:  

/s/ Katayoon Sarpash

  Name: Katayoon Sarpash
  Title: Vice President and Secretary
BAM LIMITED
By:  

/s/ Katayoon Sarpash

  Name: Katayoon Sarpash
  Title: Vice President and Secretary
BROOKFIELD INFRASTRUCTURE PARTNERS L.P., by its general partner BROOKFIELD INFRASTRUCTURE PARTNERS LIMITED
By:  

/s/ Jane Sheere

  Name: Jane Sheere
  Title: Secretary
BROOKFIELD INFRASTRUCTURE PARTNERS LIMITED
By:  

/s/ Jane Sheere

  Name: Jane Sheere
  Title: Secretary
BROOKFIELD INFRASTRUCTURE GROUP BERMUDA LIMITED
By:  

/s/ Jane Sheere

  Name: Jane Sheere
  Title: Secretary


SCHEDULE I

BROOKFIELD INFRASTRUCTURE PARTNERS LIMITED

 

Name and Position of
Officer or Director

  

Principal Business
Address

  

Principal
Occupation or
Employment

  

Citizenship

Anne Schaumburg, Director    73 Front Street, 5th Floor, Hamilton HM 12, Bermuda    Corporate Director    U.S.A.
Jeffrey M. Blidner, Director    73 Front Street, 5th Floor, Hamilton HM 12, Bermuda    Vice Chairman of Brookfield    Canada
William J. Cox, Director    73 Front Street, 5th Floor, Hamilton HM 12, Bermuda    President and Chairman of Waterloo Properties    United Kingdom
Roslyn Kelly, Director    73 Front Street, 5th Floor, Hamilton HM 12, Bermuda    Senior Managing Director of Mediobanca    Ireland
Daniel Muñiz Quintanilla, Director    73 Front Street, 5th Floor, Hamilton HM 12, Bermuda    Corporate Director    Mexico
Derek Pannell, Director    73 Front Street, 5th Floor, Hamilton HM 12, Bermuda    Corporate Director    United Kingdom
Rajeev Vasudeva, Director    73 Front Street, 5th Floor, Hamilton HM 12, Bermuda    Chairman of Centum Learning Ltd.    India
Gregory Ernest Alexander Morrison, President    73 Front Street, 5th Floor, Hamilton HM 12, Bermuda    President of Brookfield Bermuda Ltd    Canada
Gregory Noel McConnie, Vice President    Rendezvous Corporate Center, 2nd Floor, Rendezvous, Christ Church, Barbados BB15131    President and CEO of Brookfield International Bank Inc.    Barbados
James Alexander Bodi, Vice President    73 Front Street, 5th Floor, Hamilton HM 12, Bermuda    CEO of Brookfield Bermuda Ltd    Canada
Jane Sheere, Secretary    73 Front Street, 5th Floor, Hamilton HM 12, Bermuda    Manager – Corporate Services of Brookfield Bermuda Ltd    United Kingdom
Anna Knapman-Scott, Assistant Secretary    73 Front Street, 5th Floor, Hamilton HM 12, Bermuda    Operations Manager and Legal Counsel of Brookfield Bermuda Ltd    Bermuda


SCHEDULE II

BROOKFIELD INFRASTRUCTURE GROUP BERMUDA LIMITED

 

Name and Position of
Officer or Director

  

Principal Business
Address

  

Principal
Occupation or
Employment

  

Citizenship

James Alexander Bodi, Director and Alternate Director to Gregory Morrison    73 Front Street, 5th Floor, Hamilton HM 12, Bermuda    CEO of Brookfield Bermuda Ltd    Canada
Gregory Noel McConnie, Director and Vice President    Rendezvous Corporate Center, 2nd Floor, Rendezvous, Christ Church, Barbados BB15131    President and CEO of Brookfield International Bank Inc.    Barbados
Gregory Ernest Alexander Morrison, Director, Alternate Director to James Bodi and President    73 Front Street, 5th Floor, Hamilton HM 12, Bermuda    President of Brookfield Bermuda Ltd    Canada
Terry V Gittens, Vice President    Rendezvous Corporate Center, 2nd Floor, Rendezvous, Christ Church, Barbados BB15131    Chief Financial Officer, Brookfield International Bank Inc.    Barbados
Sherry V Millar, Vice President    Rendezvous Corporate Center, 2nd Floor, Rendezvous, Christ Church, Barbados BB15131    Financial Controller, Brookfield International Bank Inc.    Barbados
Kerry-Ann Cato, Alternate Director to Gregory McConnie and Vice President    Rendezvous Corporate Center, 2nd Floor, Rendezvous, Christ Church, Barbados BB15131    Corporate Secretary and Legal Counsel, Brookfield International Bank Inc.    Trinidad and Tobago
Jane Sheere, Secretary    73 Front Street, 5th Floor, Hamilton HM 12, Bermuda    Manager – Corporate Services of Brookfield Bermuda Ltd    United Kingdom
Anna Knapman-Scott, Assistant Secretary    73 Front Street, 5th Floor, Hamilton HM 12, Bermuda    Operations Manager and Legal Counsel of Brookfield Bermuda Ltd    Bermuda


SCHEDULE III

BIPC GP HOLDINGS INC.

 

Name and Position of
Officer or Director

  

Principal Business
Address

  

Principal
Occupation or
Employment

  

Citizenship

James Rickert, Director   

181 Bay Street, Suite 300

Brookfield Place

Toronto ON M5J 2T3

   Managing Partner of Brookfield    Canada
Aaron Kline, Director   

181 Bay Street, Suite 300

Brookfield Place

Toronto ON M5J 2T3

   Managing Partner of Brookfield    Canada
Chloe Berry, Senior Vice President   

181 Bay Street, Suite 300

Brookfield Place

Toronto ON M5J 2T3

   Senior Vice President of Brookfield    Canada
Albert Lin, Secretary   

181 Bay Street, Suite 300

Brookfield Place

Toronto ON M5J 2T3

   Vice-President of Brookfield    Canada
Carl Ching, Senior Vice President   

181 Bay Street, Suite 300

Brookfield Place

Toronto ON M5J 2T3

   Senior Vice-President of Brookfield    Canada
David Krant, President and Director   

181 Bay Street, Suite 300

Brookfield Place

Toronto ON M5J 2T3

   Senior Vice-President of Brookfield    Canada
Matthew Unruh, Senior Vice President   

181 Bay Street, Suite 300

Brookfield Place

Toronto ON M5J 2T3

   Senior Vice-President of Brookfield    Canada


SCHEDULE IV

BROOKFIELD INFRASTRUCTURE GROUP LIMITED

 

Name and Position of

Officer or Director

  

Principal Business

Address

  

Principal Occupation or

Employment

  

Citizenship

Aaron Kline, Director    181 Bay Street, Suite 300, Toronto, Ontario M5J 2T3, Canada    Managing Director of Brookfield    Canada
James Rickert, Director and President    181 Bay Street, Suite 300, Toronto, Ontario M5J 2T3, Canada    Managing Director of Brookfield    Canada
Mabel Wong, Director and Managing Director    181 Bay Street, Suite 300, Toronto, Ontario M5J 2T3, Canada    Managing Director of Brookfield    Canada
Carl Ching, Senior Vice-President    181 Bay Street, Suite 300, Toronto, Ontario M5J 2T3, Canada    Senior Vice-President of Brookfield    Canada
David Krant, Senior Vice-President    181 Bay Street, Suite 300, Toronto, Ontario M5J 2T3, Canada    Senior Vice-President of Brookfield    Canada
Albert Lin, Secretary    181 Bay Street, Suite 300, Toronto, Ontario M5J 2T3, Canada    Vice-President of Brookfield    Canada
Matthew Unruh, Senior Vice-President    181 Bay Street, Suite 300, Toronto, Ontario M5J 2T3, Canada    Senior Vice-President of Brookfield    Canada


SCHEDULE V

BAM LIMITED

 

Name and Position of

Officer or Director

  

Principal Business

Address

  

Principal Occupation or

Employment

  

Citizenship

Thomas Douglas Corbett, Director and President    181 Bay Street, Suite 300, Toronto, Ontario M5J 2T3, Canada    Managing Director of Brookfield    Canada
Karly Dyck, Director and Vice-President    181 Bay Street, Suite 300, Toronto, Ontario M5J 2T3, Canada    Senior Vice-President of Brookfield    Canada
Aleksandar Novakovic, Director and Vice-President    181 Bay Street, Suite 300, Toronto, Ontario M5J 2T3, Canada    Managing Partner of Brookfield    Canada
Katayoon Sarpash, Director, Vice-President and Secretary    181 Bay Street, Suite 300, Toronto, Ontario M5J 2T3, Canada    Vice-President of Brookfield    Canada
Cam Ha, Vice-President    181 Bay Street, Suite 300, Toronto, Ontario M5J 2T3, Canada    Vice-President of Brookfield    Canada
Aaron Kline, Vice-President    181 Bay Street, Suite 300, Toronto, Ontario M5J 2T3, Canada    Managing Director of Brookfield    Canada


SCHEDULE VI

BROOKFIELD ASSET MANAGEMENT INC.

 

Name and Position of

Officer or Director

  

Principal Business

Address

  

Principal Occupation or

Employment

  

Citizenship

M. Elyse Allan, Director   

181 Bay Street, Suite 300

Toronto, Ontario

M5J 2T3, Canada

   Corporate Director    Canada and U.S.A.
Justin B. Beber, Managing Partner, Head of Corporate Strategy and Chief Legal Officer    181 Bay Street, Suite 300, Toronto, Ontario M5J 2T3, Canada    Managing Partner, Head of Corporate Strategy & Chief Legal Officer    Canada

Jeffrey M. Blidner,

Vice Chair

  

181 Bay Street, Suite 300

Toronto, Ontario

M5J 2T3, Canada

   Vice Chair, Brookfield    Canada
Angela F. Braly, Director   

832 Alverna Drive

Indianapolis, Indiana 46260

U.S.A.

   Corporate Director    U.S.A.
Jack L. Cockwell, Director   

51 Yonge Street, Suite 400

Toronto, Ontario

M5E 1J1, Canada

   Chair of Brookfield Partners Foundation    Canada
Marcel R. Coutu, Director   

Suite 1210

225 – 6th Ave. S.W.

Calgary, Alberta

T2P 1N2, Canada

   Corporate Director    Canada
Murilo Ferreira, Director   

Rua General

Venancio Flores, 50 Cob. 01

Leblon, Rio de Janeiro

RJ 22441-090

   Former Chief Executive Officer, Vale SA    Brazil
J. Bruce Flatt, Director and Chief Executive Officer    One Canada Square, Level 25 Canary Wharf, London E14 5AA U.K.    Chief Executive Officer, Brookfield    Canada
Nicholas H. Goodman, Chief Financial Officer   

181 Bay Street, Suite 300

Toronto, Ontario

M5J 2T3, Canada

   Chief Financial Officer, Brookfield    United Kingdom

Maureen Kempston Darkes,

Director

   10 Avoca Avenue, Unit 1904, Toronto, Ontario M4T 2B7, Canada    Corporate Director    Canada

Brian W. Kingston,

Managing Partner, Chief Executive Officer Real Estate

   250 Vesey Street, 15th Floor, New York, NY 10281-1023, U.S.A.    Managing Partner, Chief Executive Officer Real Estate of Brookfield    Canada
Brian D. Lawson, Vice Chair    181 Bay Street, Suite 300, Toronto, Ontario M5J 2T3, Canada    Vice Chair, Brookfield    Canada


Cyrus Madon, Managing Partner, Chief Executive Officer Private Equity    181 Bay Street, Suite300, Toronto, Ontario M5J 2T3, Canada    Managing Partner, Chief Executive Officer of Private Equity of Brookfield    Canada
Howard S. Marks, Director    333 S. Grand Avenue, 28th Floor, Los Angeles, CA 90071, U.S.A.    Deputy Chairman, Oaktree Capital Management Inc.    U.S.A.
Frank J. McKenna, Director   

TDCT Tower

161 Bay Street, 35th Floor

Toronto, Ontario

M5J 2T2, Canada

   Chair of Brookfield and Deputy Chair of TD Bank Group, Wholesale    Canada
Rafael Miranda, Director    C/Santiago de Compostela 100 28035 Madrid, Spain    Corporate Director    Spain
Craig Noble, Managing Partner, Chief Executive Officer Alternative Investments   

181 Bay Street, Suite 300

Toronto, Ontario

M5J 2T3, Canada

   Managing Partner, Chief Executive Officer Alternative Investments of Brookfield    Canada
Lori Pearson, Managing Partner and Chief Operating Officer    181 Bay Street, Suite 300, Toronto, Ontario M5J 2T3, Canada    Managing Partner and Chief Operating Officer of Brookfield    Canada
Timothy R. Price, Director    51 Yonge Street, Suite 400, Toronto, Ontario M5E 1J1, Canada    Corporate Director    Canada

Samuel J.B. Pollock,

Managing Partner, Chief Executive Officer Infrastructure

   181 Bay Street, Suite 300, Toronto, Ontario M5J 2T3, Canada    Managing Partner, Chief Executive Officer Infrastructure of Brookfield    Canada

Lord Augustine Thomas O’Donnell,

Director

  

Frontier Economics, 71 High Holborn, London U.K.

WC1V 6DA

   Chairman of Frontier Economics Limited    United Kingdom
Ngee Huat Seek, Director    501 Orchard Road, #08 — 01 Wheelock Place, Singapore 238880    Chairman, Global Logistic Properties    Singapore
Sachin G. Shah, Managing Partner, Chief Executive Officer Renewable Power    181 Bay Street, Suite 300, Toronto, Ontario M5J 2T3, Canada    Managing Partner, Chief Executive Officer Renewable Power of Brookfield    Canada
Diana L. Taylor, Director    c/o Bloomberg, Philanthropies, 25 East 78th Street, New York, N.Y. 10075    Corporate Director    U.S.A. and Canada


SCHEDULE VII

PVI MANAGEMENT INC.

 

Name and Position of
Officer or Director

  

Principal Business
Address

  

Principal
Occupation or
Employment

  

Citizenship

James L.R. Kelly, Director    Hwy. #26 West at 7th Line, P.O. Box 3394, Meaford, Ontario N4L 1A5    President, Earth Power Tractors and Equipment Inc.    Canada
Edward C. Kress, Director    51 Yonge Street, Suite 400, Toronto, Ontario M5E 1J1    Corporate Director    Canada
Brian D. Lawson, Director, President and Chief Executive Officer    181 Bay Street, Suite 300, Toronto, Ontario M5J 2T3, Canada    Senior Managing Partner and Vice Chair of Brookfield    Canada
Frank N.C. Lochan, Chairman and Director    15 Ennisclare Dr. E., Oakville, Ontario L6J 4N3    Corporate Director    Canada
Ralph J. Zarboni, Director    Rossiter Ventures Corporation 7357 Woodbine Ave., Suite 412 Markham, Ontario L3R 6L3    Chairman and Chief Executive Officer of EM Group Inc. and EM Plastic & Electric Products Limited    Canada
Leslie Yuen, Director, Finance    181 Bay Street, Suite 300, Toronto, Ontario M5J 2T3, Canada    Vice President of Brookfield    Canada
Loretta Corso, Corporate Secretary    181 Bay Street, Suite 300, Toronto, Ontario M5J 2T3, Canada    Corporate Secretarial Administrator of Brookfield    Canada
Bryan Sinclair, Senior Associate    333 Bay Street, Suite 1610, Toronto, Ontario M5H 2R2    Vice President, Trisura Group Ltd.    Canada


SCHEDULE VIII

PARTNERS LIMITED

 

Name and Position of

Officer or Director

  

Principal Business

Address

  

Principal Occupation or

Employment

  

Citizenship

Lisa Chu, Treasurer    181 Bay Street, Suite 300, Toronto, Ontario M5J 2T3, Canada    Senior Vice President – Finance, Brookfield    Canada
Jack L. Cockwell, Director and Chairman of the Board    51 Yonge Street, Suite 400 Toronto, Ontario M5E 1J1, Canada    Corporate Director    Canada
Lorretta Corso, Secretary    181 Bay Street, Suite 300, Toronto, Ontario M5J 2T3, Canada    Administrator and Corporate Secretary    Canada
Brian W. Kingston, Director    250 Vesey Street, 15th Floor, New York, NY 10281-1023 U.S.A.    Managing Partner, Chief Executive Real Estate of Brookfield    Canada
Brian D. Lawson, Director and President    181 Bay Street, Suite 300, Toronto, Ontario M5J 2T3, Canada    Vice Chair, Brookfield    Canada
Cyrus Madon, Director    181 Bay Street, Suite 300, Toronto, Ontario M5J 2T3, Canada    Managing Partner, Chief Executive Officer Private Equity of Brookfield    Canada
Samuel J.B. Pollock, Director    181 Bay Street, Suite 300, Toronto, Ontario M5J 2T3, Canada    Managing Partner, Chief Executive Officer Infrastructure of Brookfield    Canada
Timothy R. Price, Director    51 Yonge Street, Suite 400, Toronto, Ontario M5E 1J1, Canada    Corporate Director    Canada
Sachin Shah, Director    181 Bay Street, Suite 300, Toronto, Ontario M5J 2T3, Canada    Managing Partner, Chief Executive Officer Renewable Power of Brookfield    Canada
Tim Wang, Assistant Secretary    181 Bay Street, Suite 300, Toronto, Ontario M5J 2T3, Canada    Manager, Capital Markets and Treasury, Brookfield    Canada