Brookfield Renewable Corporation · NYSE:BEPC
Brookfield Renewable — Investor Presentation (May 2026)
39 slides from Brookfield Renewable's investor presentation, May 2026
Slide 1: Corporate Profile
Corporate Profile Brookfield Renewable NYSE: BEP, BEPC TSX: BEP.UN, BEPC May 2026
Slide 2: Cautionary Statement Regarding Forward-Looking Statements
Cautionary Statement Regarding Forward-Looking Statements This presentation contains forward-looking statements and information, within the meaning of Canadian securities laws and “forward-looking statements” within the meaning of Section 27A of the U.S. Securities Act of 1933, as amended, Section 2
Slide 3: Scale operator of renewable power and transition assets
We are a scale operator of renewable power and transition assets with a leading position across all major technologies Hydro Wind Utility-Scale Distributed Storage Sustainable Solar Energy & Other Solutions Operational Nuclear Services Biofuels 8,500 MW 16,900 MW 13,800 MW 5,000 MW 3,100 MW Operatio
Slide 4: Delivering durable operating cash flows from low-cost assets in developed markets
Delivering durable operating cash flows from our low-cost assets in developed markets ~70% ~90% Durable operating cash flows Revenues indexed Contracted for an to inflation average 12-years Diversified in the lowest cost +90% ~75% FFO from established FFO from developed technologies & developed mark
Slide 5: Cash flows diversified across technologies and regions
Generating cash flows diversified across technologies and regions Weighted to developed markets experiencing the greatest demand growth and the lowest-cost, most mature technologies ~10% FFO Nuclear, 9% ~25% 4% Storage & Emerging 19% Other 11% 43% LTM LTM 17% 15% FFO1 FFO1 ~90% FFO 60% ~75% Lowest-c
Slide 6: Strategic partner of choice to the largest buyers of power
We are the strategic partner of choice to the largest buyers of power globally… >10.5 GW 3 GW Renewable Energy Framework Hydro Framework Agreement Agreement BROOKFIELD.COM 6
Slide 7: And increasingly to governments
…And increasingly to governments Westinghouse entered into a transformational nuclear power agreement with the U.S. Government Partnership Agreement Leading reactor technologies An initial $80 billion order from the U.S. Government for development of reactors ~50% of nuclear reactors globally derive
Slide 8: Established, repeatable value creation capabilities
We have established, repeatable value creation capabilities… Acquire & Develop Operate and Recycle Assets Enhance Value Assets Acquire assets for value Utilize our operating and Sell de-risked assets and develop new projects commercial capabilities at attractive returns to fund in a disciplined mann
Slide 9: Positioned for outsized earnings growth with defined targets
…and are positioned to enter a period of outsized earnings growth, with clearly defined targets 12-15% 10%+ 5-9% $9-10B Target total FFO per unit Annual distribution Deployed over returns growth target growth target next 5-years BROOKFIELD.COM 9
Slide 10: Brookfield Renewable investment highlights
Brookfield Renewable investment highlights Earnings & Balance Sheet Strength & Global Scale Distribution Growth Access to Scale Capital & Reach Highly visible path to deliver Investment grade balance sheet Presence in all major power 10%+ FFO per unit growth and and access to diverse sources markets
Slide 11: Earnings & Distribution Growth
Earnings & Distribution Growth 11
Slide 12: Positioned to deliver 10%+ FFO per unit growth annually
We are well positioned to deliver 10%+ FFO per unit growth annually 10%+ FFO Per Unit Growth Annually 2–3% 2–4% 4–6% Accretive Inflation Margin Development M&A Activities Escalation Enhancement Pipeline Supporting our 5 to 9% Distribution Growth Target 2026 2031 BROOKFIELD.COM 12
Slide 13: Investing opportunistically into attractive risk-adjusted opportunities
We invest opportunistically and flexibly into the most attractive risk-adjusted opportunities globally Development M&A ~$850M net to BEP annual deployment Investing in large, differentiated, potential into proprietary development best-in-class platforms and assets ~10 GW Q4 2025 Q2 2025 Run rate by
Slide 14: Balance Sheet Strength & Access to Scale Capital
Balance Sheet Strength & Access to Scale Capital 14
Slide 15: Strong balance sheet and no near-term maturities
We have a strong balance sheet & no near-term maturities, including a record 14-year average corporate debt tenor Corporate Debt Non-Recourse Debt Outstanding1 $3.8 billion Outstanding $32 billion Average Rate 4.6% Average Rate 6% Average Term 14 Years Average Term 10 Years Fixed Rate 100% Fixed Rat
Slide 16: Funded by diverse sources of scale capital
We are funded by our diverse sources of scale capital Funding Sources ~$ 150 M Preferred Equity ~$ 1,600 M Corporate Debt ~$ 2,100 M 8.9B Asset-Level Up-Financings ~$ ~$ 1,300 M ~$ 3,700 M Asset Sales Strategic Equity Issuances Funding sources in the five preceding years from Q1 2021 through May 202
Slide 17: Scaling recycling and making it more recurring
We are scaling recycling and making it more recurring Large & Growing Scaling Our Recurring Launching Private Renewable Portfolio of Assets Recycling Activities Vehicles with our Partners ~ 47GW Platform Sales Operating Fleet Minority Stake Sales Up To $2.8 Billion in Sales Proceeds ~ 10GW Assets Sa
Slide 18: Global Scale & Reach
Global Scale & Reach 18
Slide 19: Full-service platforms in all major energy markets
We operate full-service platforms in all major energy markets Europe $28B AUM Asia–Pacific $17B AUM ~$ 145B South Korea China Brookfield Assets Under RenewableChina Management Southeast Asia ~47GW North America $76B AUM India Operating Capacity Latin America $24B AUM Australia & Japan Development Bu
Slide 20: Leading >200 GW global development pipeline
We have a leading >200 GW global development pipeline ~80% of our pipeline is in developed markets ~98% of our pipeline is in the most cost-competitive renewable technologies Development executed by our local platforms supported by our global teams Region Technology 1% 2% 3% 4% 19% Utility Solar Nor
Slide 21: Operating & Development Expertise
Operating & Development Expertise 21
Slide 22: Deep operating and development capabilities through the value chain
We have deep operating and development capabilities through the global value chain ~6,000 Operating Five Centralized Procurement Engineering Employees Control Centers Grid Optimization Develop, Build and Operate Development >1,000 Global Regulatory Power Marketing Construction Creditworthy Expertise
Slide 23: Differentiated approach to development
We have a differentiated approach to development Local platforms supported by central teams where we can add value No significant capital invested until the project is largely derisked Permitting & Construction & Commercial Interconnection Procurement • Extensive experience in all markets we • Econo
Slide 24: Growing capabilities and staying ahead of key themes
We continue to grow our capabilities and have stayed ahead of the curve on key themes Hydros 1900s 2017 2019 2022 2022 2024 2026 Owner & Operator Renewable Developer Nuclear & Battery Storage BROOKFIELD.COM 24
Slide 25: Sector Tailwinds
Sector Tailwinds 25
Slide 26: Entered a phase of energy addition
We have entered a phase of energy addition Supported By Multi-Decade Trends: Amplified By: Electrification driving Reindustrialization Electricity demand growth increased power powering industrial growth from digitalization, data consumption and grid demand center growth & AI We are adding more new
Slide 27: Renewables best-positioned to deliver on demand
Renewables are among the best-positioned technologies to deliver on this demand and enable growth Lowest cost energy Fastest to market Energy security and Clean, and net-zero solution independence are a aligned legislation growing necessity and corporate targets Renewables will be a major part of th
Slide 28: Experienced Management Team
Experienced Management Team 28
Slide 29: Track-record of stable and consistent cash flow growth
We are building on our track-record of more than a decade of stable and consistent cash flow growth 2015 2020 2025 CAGR | Trend FFO $467M $807M $1,334M 11% FFO per Unit $0.90 $1.32 $2.01 8% Distribution per Unit $0.89 $1.16 $1.49 5% Contracted Generation ~90% ~90% ~90% Stable Liquidity $1.2B $3.3B $
Slide 30: Key takeaways
Key takeaways Business is positioned to enter a period of outsized earnings growth We have a strong balance sheet and diverse sources of capital to fund our strategy Growth opportunities for our business and sector are better than ever Never been better positioned to deliver on our long-term financi
Slide 31: Appendix I—Brookfield Renewable Partners Overview
Appendix I—Brookfield Renewable Partners Overview 31
Slide 32: Brookfield Renewable
Brookfield Renewable Senior Management Team Symbol & Market Cap1 Brookfield Participation Connor Teskey Chief Executive Officer NYSE: BEP, BEPC Wyatt Hartley Co-President, Head of NA Asset Management TSX: BEP.UN, BEPC ~47% Equity Interest; Jennifer Mazin Co-President & General Counsel ~$23B GP & Man
Slide 33: Corporate Structure
Corporate Structure Brookfield Renewable is the listed company of Brookfield Brookfield1 focused on investing in renewable power and transition Management Fees Investment & IDR’s ~47% • Brookfield has a ~47% interest in Brookfield Renewable Brookfield Renewable (BEP/BEPC) • Strong unitholder alignme
Slide 34: Invest through a corporation or publicly traded partnership
Currently investors have the ability to invest through a corporation or publicly traded partnership Brookfield Renewable Corporation (NYSE, TSX: BEPC), a subsidiary of BEP L.P., was created to offer an economically equivalent security to BEP L.P., but in the form of a more traditional corporate stru
Slide 35: Evaluating the simplification of our structure
We are evaluating the simplification of our structure Assessing the conversion of BEP and BEPC into a single publicly traded corporate entity Potential Benefits: Improved trading liquidity Increased index demand Simplified reporting BROOKFIELD.COM 35
Slide 36: Appendix II—Sustainability Approach
Appendix II—Sustainability Approach 36
Slide 37: Strong sustainability practices create long-term stakeholder value
Strong sustainability practices create long-term stakeholder value We have established a robust and enduring approach to deliver decarbonization globally and integrate sustainability throughout the lifecycle of our business Environmental Social Governance Achieve net-zero Scope 1 and 2 Achieve 100%
Slide 38: Leader in renewable energy & transition
Leader in renewable energy & transition Industry & Trade Associations: We actively engage with associations to learn from best practices, as well as contribute to progressing sustainability across our industry. Rating agencies: Through executing our plans, improving our disclosures and MSCI: AA Scor
Slide 39: Endnotes
Endnotes Slide 4 1. Total floating rate exposure is 16% of which 12% is related to floating rate debt exposure of certain foreign regions outside of North America and Europe due to the high cost of hedging associated with those regions Slide 15 1. Excludes commercial paper of $823M 2. Total floating
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