Exhibit 99.2
NOTICE OF EXCHANGE
To: Computershare Trust Company of Canada (the “Transfer Agent”)
PLEASE DELIVER YOUR EXCHANGE REQUEST BY ONE OF THE OPTIONS BELOW:
:
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Via PDF Email (recommended)*:
| | Via Mail: |
onlinedeposits@computershare.com * You can either scan this document via PDF or take a picture with your phone (send a CLEAR picture ofall pages, both front and back within the same email) | | Computershare Trust Company of Canada P.O. Box 7021 31 Adelaide St E Toronto, ON M5C 3H2 Attn: Corporate Actions |
This notice is given pursuant to Section 26.12 of the articles (the “Articles”) of Brookfield Renewable Corporation (the “Company”). All capitalized words and expressions used in this notice that are defined in the Articles have the meanings ascribed to such words and expressions in the Articles.
The undersigned hereby notifies the Company that the undersigned desires to have the Company redeem in accordance with the Articles:
❑ | all Class A Share(s) registered in the name of the undersigned; or |
❑ | Class A Share(s) registered in the name of the undersigned. |
The undersigned acknowledges the Exchange-Redemption Call Right of Brookfield Renewable Partners L.P. (“BEP”) or an affiliate of BEP to acquire all, but not less than all, of the Tendered Class A Shares from the undersigned and that this notice is and will be deemed to be an offer by the undersigned to sell the Tendered Class A Shares to BEP in accordance with the Exchange-Redemption Call Right on or prior to the Specified Exchange Date for the Exchange Consideration and on the other terms and conditions set out in the Articles.
The undersigned acknowledges that the exchange or acquisition of the Tendered Class A Shares may be satisfied by the delivery of an equivalent number of BEP Units (subject to adjustment to reflect certain capital events) or its cash equivalent. The form of payment is to be determined by the Company or BEP. It is the intention of the Company and BEP to satisfy any exchange or acquisition of Tendered Class A Shares through the delivery of BEP Units rather than the Cash Amount.
The undersigned acknowledges that the Company will not be obligated to redeem Tendered Class A Shares to the extent that such redemption would be contrary to solvency requirements or other provisions of applicable Law. If the Company believes that it would not be permitted by any such requirements or other provisions to redeem the Tendered Class A Shares, provided that BEP has not exercised its Exchange-Redemption Call Right with respect to the Tendered Class A Shares, the Company will only be obligated to redeem the maximum number of Tendered Class A Shares