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

As at March 31, 2020 1-YEAR 5-YEAR 10-YEAR*

BIP (NYSE) -% 11% 16%

BIP.UN (TSX) 3% 13% 23%

S&P 500 Index (7%) 7% 7%

S&P Utilities Index (1%) 8% 6%

S&P/TSX Composite Index (14%) 1% 5%

S&P/TSX Capped Utilities Index 12% 8% 9%

Alerian MLP Index (61%) (21%) (3%)

DJB Infrastructure Index** (14%) (2%) 2%

 PEER GROUP

Source: Bloomberg; includes reinvestment of distributions* BIP (NYSE) and U.S. index returns since Jan 2008; BIP (TSX) and Canadian index returns since Sept 2009 ** No dividend reinvestment for this index

T R A C K R E C O R D O F G R O W T H 2

0.0

0.4

0.8

1.2

1.6

2.0

2009

PER UNIT FFO PER UNIT DISTRIBUTION

20203 2009 2020

$0.62

$3.08

$0.64

$1.94

11% CAGR16% CAGR

A N A LY S T C O V E R A G E

Overview

Brookfield Infrastructure Partners L.P. (BIP) and Brookfield Infrastructure Corporation (BIPC) own and operate a globally diversified portfolio of high-quality assets that generate sustainable and growing distributions over the long-term. With a distribution yield of 5.4%1 and a distribution growth target of 5%–9% annually, Brookfield Infrastructure offers an attractive risk-adjusted total return to its unitholders.

Investment Highlights

Globally diversified – one of the few pure-play, publicly traded, global infrastructure vehicles

High-quality assets – premier utilities, energy, transport and data infrastructure operations with stable cash flows, high margins and strong internal growth prospects

Growth – significant capital required to maintain and expand the infrastructure needs of the global economy resulting in potential acquisition opportunities

Access to a leading asset management group – origination of opportunities through Brookfield’s network and participation in Brookfield-sponsored consortiums

Experienced management team with proven track record – demonstrated commitment to growing returns to unitholders

Brookfield Infrastructure PartnersBrookfield Infrastructure Corporation

i n v e s t o r f a c t s h e e t

Q U I C K F A C T SE X C H A N G E SNYSE: BIPTSX: BIP.UNNYSE: BIPCTSX: BIPC

~465MFULLY DILUTED UNITS

$35.97UNIT PRICE1

$17BMARKET CAPITALIZATION1

5%-9%TARGET DISTRIBUTION GROWTH ANNUALLY

60%-70%OF FFO TARGET PAYOUT RATIO

$1.94PER UNIT

DISTRIBUTION

5.4%YIELD1

1. As at March 31, 2020.2. Per unit FFO and distribution have been adjusted to reflect the dilutive impact of the special distribution. 3. Per unit FFO represents annualized Q1 2020 results of $0.77.

Barclays Eric Beaumont

BMO Capital Markets Devin Dodge

BofA Merrill Lynch Asit Sen

CIBC Rob Catellier

Citigroup Ryan Levine

Credit Suisse Andrew Kuske

Industrial Alliance Naji Baydoun

National Bank Financial Rupert Merer

Raymond James Frederic Bastien

RBC Capital Markets Robert Kwan

Scotia Capital Robert Hope

TD Securities Cherilyn Radbourne

Wells Fargo Jonathan Reeder

Operating SegmentsU T I L I T I E SRegulated or contractual businesses that earn a return on rate base

Comprised of an electricity and natural gas distribution business, an electricity and a regulated gas transmission business and a regulated terminal. This segment is geographically diverse, spanning six countries — Australia, the United States, Mexico, Colombia, Brazil and the U.K.

T R A N S P O R TSystems involved in the movement of freight, bulk commodities and passengers

Geographically diverse with large rail operations in Australia, Europe, the U.K., North and South America, toll roads in South America and India and a portfolio of ports across North America, Asia Pacific and the U.K.

E N E R G YSystems that provide energy transmission, distribution and storage services

Natural gas midstream operations and distributed energy infrastructure operations spanning Canada, the United States and India

D A T A I N F R A S T R U C T U R EBusinesses that provide essential services and critical infrastructure to transmit and store data globally

Consists of tower infrastructure operations in France , the U.K. and New Zealand and data storage operations in the U.S., Brazil and Australia

Map of Operations

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 statements may include estimates, plans, expectations, opinions, forecasts, projections, guidance or other statements that are not 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 O N T A C TRene Lubianski Managing Director, InvestmentsTel: 416-956-5129

Email: bip.enquiries@brookfield.com

bip.brookfield.combip.brookfield.com/bipc

1. Cash flow profile based on pre-corporate FFO for the last 12 months ended March 31, 2020

C O U N T E R P A R T Y D I V E R S I F I C A T I O N 1

Data Storage: 2% Regulated Terminal: 4%

Regulated Transmission: 14%

~$4.5B rate base ~2,200 KM electricity transmission lines ~2,700 KM natural gas pipelines 6.6M electricity & natural gas connections ~1.4M acquired smart meters

~32,300 KM of rail tracks 13 port terminals ~4,000 KM of toll roads

~9,100 multi-purpose towers & active rooftop sites ~1,600 cell sites 70 distributed antenna systems 20,000 KM of fiber backbone 52 data centers ~1.6M square feet of raised floors 179MW of critical load capacity

~16,500 KM of natural gas transmission pipelines 600 BCF of natural gas storage 19 natural gas processing plants ~3.3M Lbs./Hr. of steam heating capacity 310,000 Tons of cooling capacity ~1.6M residential infrastructure customers ~300,000 contract sub-metering services

N O R T H A M E R I C A E U R O P E

A S I A P A C I F I CS O U T H A M E R I C A

Regulated Distribution: 16%

U T I L I T I E S E N E R G Y

D A T A I N F R A S T R U C T U R ET R A N S P O R T

Ports: 5%

Distributed Energy: 8%

Rail: 13%

Toll Roads: 13%

Natural Gas Midstream: 17%

Data Transmission & Distribution: 8%