On March 16, 2020, TerraForm Power, Inc. announced that Ms. Valerie Hannah has resigned from her position as Chief Operating Officer of the Company, effective as of that same date. Ms. Hannah is assuming a role with the Company's sponsor, Brookfield Asset Management Inc. (‘Brookfield'). On March 16, 2020, the Company's Board of Directors appointed Mr. Kimball Osmars as Chief Operating Officer of the Company, effective March 17, 2020.

On March 16, 2020, The Board of Directors declared a quarterly distribution with respect to Class A common stock of $0.2014 per share. The distribution is payable on March 31, 2020, to stockholders of record as of March 27, 2020. This distribution represents our ninth consecutive quarterly distribution payment under Brookfield's sponsorship.