Brookfield Infrastructure Partners renews normal course issuer bids

Brookfield Infrastructure (BIPC) Partners (BIP) 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.