Brookfield Infrastructure Partners L P : Q1 Investor Fact Sheet

Overview

Brookfield Infrastructure owns and operates a globally diversified portfolio of high-quality assets that generate sustainable and growing distributions over the long-term for our unitholders. With a distribution growth target

of 5-9% annually, Brookfield Infrastructure offers

an attractive risk-adjusted total return to its investors.

Investment Highlights

Global Diversification - Pure-play, publicly traded global owner and operator of utilities, transport, midstream and data assets

High-Quality Assets - Essential infrastructure that generates stable cash flows, underpinned by contractual and regulatory frameworks

Sector Growth - Significant capital deployment

A N N U A LI Z E D T O T A L R E T U R N

As of March 31, 2025	1-YEAR	5-YEAR	SINCE INCEPTION*
BIP (NYSE)	0%	9%	14%
BIP (TSX)	7%	10%	18%
BIPC (NYSE)	5%	15%	15%
BIPC (TSX)	11%	13%	13%
Alerian MLP Index	23%	40%	8%
S&P Utilities Index	24%	11%	7%
DJBGICU Index**	20%	13%	6%

PEER GROUP

Includes dividend reinvestment

*BIP and U.S. index data as of January 2008; BIP (TSX) as of September 2009; BIPC as of spin-off on March 31, 2020

**Dow Jones Global Infrastructure Composite Index and excludes dividend reinvestment

T R A C K R E CO R D O F G R O W T H

FFO PER UNIT DISTRIBUTION PER UNIT

14% CAGR

$3.12

9% CAGR

$1.72

opportunities from digitalization, decarbonization and deglobalization trends

Sustainability Focus - ESG criteria is embedded into the

20091 2024

AN ALY S T C O VE R A G E

20091 2025F2

investment process and is a core driver of long-term value

Experienced Management Team - Proven track record delivering long-term results through active ownership approach

BMO Capital Markets

Devin Dodge

CIBC World Markets

Robert Catellier

Citigroup

Ryan Levine

Veritas Investment Research

Dimitry Khmelnitsky

National Bank Financial

Patrick Kenny

Raymond James

Frederic Bastien

RBC Capital Markets

Maurice Choy

Scotia Capital

Robert Hope

Jefferies Securities

Anthony Linton

TD Securities

Cherilyn Radbourne

Wells Fargo

Jonathan Reeder

Morgan Stanley

Robert Kad

Q UI C K F AC T S E X CH A NG E S NYSE: BIP TSX: BIP.UN NYSE: BIPC TSX: BIPC	792M FULLY DILUTED UNITS3	$24B MARKET CAPITALIZATION4	5-9% TARGET DISTRIBUTION GROWTH ANNUALLY
	60-70% TARGET FFO PAYOUT RATIO	$1.72 PER UNIT DISTRIBUTION2	5.8% YIELD5

Brookfield Infrastructure Partners Brookfield Infrastructure Corporation

I N V E S T O R F A C T S H E E T

1. Per unit FFO and distribution have been adjusted to reflect the impact of the BIPC special distribution, as well as the 3-for-2 unit splits completed in September 2016 and June 2022

2. Based on the current quarterly per unit distribution of $0.43 annualized

3. Total outstanding as at March 31, 2025

4. Based on the closing price of BIP units and BIPC shares as of March 31, 2025

5. Based on the closing price of BIP units at March 31, 2025

1.	Based on pre-corporate FFO for the last 12 months ended March 31, 2025, pro forma a full year contribution from recently closed transactions
2.	There can be no assurance that Brookfield will continue to maintain counterparty diversification or geographic diversification

Operating Segments

U T IL IT IE S

Regulated or contracted businesses that earn a return on asset base

Comprised of businesses that provide regulated transmission and distribution of electricity and natural gas.

This segment is geographically diverse, spanning nine countries-Canada, the U.S., India, Australia, New Zealand, Brazil, Germany, the U.K. and Mexico.

$6.6B rate base 3,500 KM of gas pipelines 2,900 KM of electricity transmission lines 8.5M electricity & natural gas connections

0.7M sub-metering services 2.8M installed smart meters 10.4M residential decarbonization infrastructure customers

T R A NS P O R T

Systems involved in the movement of freight, commodities and passengers

Geographically diverse with large rail operations in Australia, Europe, the U.K., North America and Brazil, toll roads in Brazil and Peru, and a portfolio of diversified terminals across North America, Australia and the U.K.

36,300 KM of rail operations 10 terminals and 2 export facilities 3,300 KM of toll roads 7M twenty-foot equivalent unit intermodal containers

M I D ST R EA M

Diversified assets that provide energy transmission, transportation, storage, fractionation and value enhancement

Midstream operations focused in Canada and the U.S.

15,000 KM of transmission pipelines 16 natural gas and natural gas liquids processing plants 5.6 BCF/D of total processing capacity

570 BCF of natural gas storage 10,600 KM of long-haul, conventional and natural gas gathering pipelines

525,000 tonnes per year of polypropylene production capacity

D ATA

Businesses that provide essential services and critical infrastructure to transmit and store data globally

Consists of global data transmission and distribution operations, as well as data storage operations.

306,000 operational telecom sites 28,000 KM of fiber optic cable 140 data centers 2 semiconductor manufacturing foundries

360,000 fiber-to-the-premise connections 70 distributed antenna systems

This fact sheet may contain forward-looking statements and information within the meaning of the Canadian provincial securities laws and other "forward-looking statements" within the meaning of Section 27A of the U.S. Securities Act of 1933, as amended, Section 21E of the U.S. Securities Exchange Act of 1934, as amended, "safe harbor" provisions of the United States Private Securities Litigation Reform Act of 1995 and in any applicable Canadian securities regulations. Forward-looking statementsmay include estimates, plans, expectations, opinions, forecasts, projections, guidanceorotherstatementsthat arenot statements of fact. Forward-looking statements can be identified by the use of words such as "growing" "target" and "expand" or variations of such words and phrases. Although Brookfield Infrastructure believes that such forward-looking statements and information are based upon reasonable assumptions and expectations, no assurance is given that such expectations will prove correct. The reader should not place undue reliance on forward-looking statements and information, as such statements and information involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of Brookfield Infrastructure to differ materially from anticipated future results, performance or achievement expressed or implied by such forward-looking statements and information. Except as required by law, Brookfield Infrastructure does not undertake any obligation to publicly update or revise any forward-looking statements or information, whether written or oral, that may be as a result of new information, future events or otherwise.

C ONT A C T

Investor Relations Tel: [phone]

Email: [e-mail]

bip.brookfield.com bip.brookfield.com/bipc

Map of Operations1,2

C O U N T E R P A R T Y D I V E R S IF IC A T IO N 1, 2

A M E R I C A S : 6 7 %

E UR OP E : 1 8 %

Data: 13%

Utilities: 25%

Midstream: 21%

Transport: 41%

U T IL I T IE S

M I D ST R EA M

A S I A P A C I F I C : 1 5 %

T R A N SP O RT

D ATA