Exhibit 99.1

BROOKFIELD INFRASTRUCTURE CORPORATION

REPORT OF VOTING RESULTS

Special Meeting of Shareholders

December 3, 2024

 

 

National Instrument 51-102 – Section 11.3 (Canada)

 

 

A special meeting of shareholders of Brookfield Infrastructure Corporation (the “Corporation”) was held on Tuesday, December 3, 2024 at 8:00 a.m. (Toronto time) (the “Meeting”). At the Meeting, shareholders holding 81,875,303 class A exchangeable subordinate voting shares (“exchangeable shares”), representing 62.01% of the Corporation’s 132,025,781 issued and outstanding exchangeable shares on the record date for the Meeting, and two class B multiple voting shares (“class B shares”), representing 100% of the Corporation’s issued and outstanding class B shares on the record date for the Meeting, were represented in person or by proxy. Capitalized terms used herein but not otherwise defined have the meanings given to such terms in the management information circular of the Corporation dated October 23, 2024 (the “Circular”).

The following is a summary of the votes cast by holders of the exchangeable shares and class B shares represented at the Meeting.

Arrangement Resolution

The Arrangement Resolution, as set out in the Circular as Appendix A, was approved by (i) not less than 66 2/3 % of the votes cast at the Meeting by holders of exchangeable shares and holders of class B shares, voting together as a class; (ii) not less than 66 2/3 % of the votes cast at the Meeting by holders of exchangeable shares, voting separately as a class; and (iii) not less than 66 2/3 % of the votes cast at the Meeting by holders of class B shares, voting separately as a class.

In accordance with the Corporation’s articles (i) for the vote of holders of exchangeable shares and holders of class B shares, voting together as a class, each exchangeable share was entitled to one vote per share, representing a 25% voting interest in the Corporation in the aggregate, and the class B shares were entitled to a total of 396,077,343 votes in the aggregate, representing a 75% voting interest in the Corporation; (ii) for the vote of holders of exchangeable shares, voting separately as a class, each exchangeable share was entitled to one vote; and (iii) for the vote of holders of class B shares, voting separately as a class, each class B share was entitled to one vote.

Management received the following proxies from the holders of exchangeable shares and class B shares on the Arrangement Resolution:

 

		Votes For				%				Votes Against				%
exchangeable shares and class B shares voting together as a class			454,158,103				95.02	%			23,794,543				4.98	%
exchangeable shares voting separately as a class			58,080,760				70.94	%			23,794,543				29.06	%
class B shares voting separately as a class			2				100	%			Nil				0	%

Other Business

There were no other matters coming before the Meeting that required a vote by either the holders of exchangeable shares or class B shares.

 

Dated: December 3, 2024

 

- 2 -