Inter Pipeline Fd Limited Partnership Unit CL A IPPLF

RE:RE:RE:RE:RE:RE:Buyout

[alkhor]

Option 4 which was to receive all shares was the default option. From the tender offer:

Elected Option 4: Default - Securities (Share Consideration)

To receive 0.250 of a class A exchangeable subordinate voting share (“BIPC Share”) of Brookfield Infrastructure Corporation (“BIPC”), for each Common Share of Inter Pipeline Ltd held, subject to proration. Please note that if your election for BIPC Shares is prorated, based on the Maximum Effective Time Share/Unit Consideration, the balance of the Consideration to which you are entitled will be paid as Cash Consideration.