ARRANGEMENT AGREEMENT AMONG BROOKFIELD INFRASTRUCTURE CORPORATION and BROOKFIELD INFRASTRUCTURE PARTNERS L.P. and 1505109 B.C. LTD. and BROOKFIELD CORPORATION October 9, 2024Arrangement Agreement • October 11th, 2024 • Brookfield Infrastructure Corp • Natural gas transmisison & distribution • Ontario
WHEREAS the Company and the New Corporation wish to complete the Arrangement (as defined herein) to, among other things, preserve the current benefits received by holders of exchangeable shares (as defined herein) by holding their investments in the business of the Partnership and its Subsidiaries (as defined herein) through a corporation that is intended to qualify as a “mutual fund corporation”, as defined in the Tax Act (as defined herein) as of the Effective Time (as defined herein) and thereafter; and
