Brookfield Renewable Partners BEP-PA

Brookfield Renewable Partners L. P. owns one of the world's largest publicly traded renewable power and transition platforms. The company invests in renewable power and sustainable solutions assets directly and with institutional partners joint venture partners and through other arrangements. Brookfield Renewable leverages its extensive operating experience to maintain and enhance asset value grow cash flows annually and cultivate positive relations with local stakeholders. Its globally diversified portfolio of power assets has approximately 47,200 MW of operating capacity annualized LTA generation of approximately 121,900 GWh and a development pipeline of over 200 GW with renewables making up over 96% of its operating capacity.

Brookfield Renewable generates revenue primarily through long-term power purchase agreements with creditworthy counterparties. The company sells electricity from its hydroelectric wind utility-scale solar distributed generation and storage facilities. Revenue is also derived from its sustainable solutions portfolio which includes investments in Westinghouse carbon capture and storage agricultural renewable natural gas materials recycling and eFuels production capacity. The company benefits from inflation escalations embedded in its contracts and maintains a high degree of predictability in respect of revenue and costs on a per MWh basis.

The company operates through the following segments: Hydroelectric North America Brazil Colombia Wind Utility-scale solar Distributed energy & storage Sustainable solutions Corporate.

• Hydroelectric North America includes hydroelectric facilities in the United States and Canada with capacity of 2,905 MW and 5,264 MW respectively providing annualized LTA generation of 11,868 GWh and 5,264 GWh.
• Hydroelectric Brazil includes hydroelectric facilities with capacity of 4,309 MW providing annualized LTA generation of 4,309 GWh.
• Hydroelectric Colombia includes hydroelectric facilities with capacity of 3,373 MW providing annualized LTA generation of 16,656 GWh.
• Wind includes utility-scale wind assets across North America Europe Brazil and Asia-Pacific with total capacity of 16,753 MW providing annualized LTA generation of 53,265 GWh.
• Utility-scale solar includes solar assets across North America Europe Brazil and Asia-Pacific with total capacity of 13,993 MW providing annualized LTA generation of 26,360 GWh.
• Distributed energy & storage includes distributed generation solar battery storage and pumped storage facilities with total capacity of 5,503 MW providing annualized LTA generation of 2,664 GWh.
• Sustainable solutions includes investments in Westinghouse carbon capture and storage agricultural renewable natural gas materials recycling and eFuels production capacity with annualized LTA generation of 613 GWh from solar and 911 GWh from wind.
• Corporate includes general and administrative expenses and other corporate activities not allocated to operating segments.

Brookfield Renewable is positioned as one of the largest publicly traded decarbonization businesses globally with a strong track record of value creation. The company benefits from a globally diversified multi-technology portfolio that helps mitigate resource variability and improves consistency of cash flows. Its competitive strengths include best-in-class operators and developers extensive operating and development capabilities and a large global development pipeline of over 200 GW providing significant scarcity value and growth potential. The company maintains a strong financial profile with investment grade ratings access to global capital markets and a conservative financing strategy focused on non-recourse debt.

Brookfield Renewable serves a diverse customer base including power authorities distribution companies industrial users and Brookfield itself. Specific customers mentioned in the filing include Ontario's Independent Electricity System Operator Hydro-Québec BC Hydro Entergy Louisiana Amazon Microsoft and Google. The company also has long-term PPAs with creditworthy counterparties across its operating regions.