Leader in Renewable Power Generation

Brookfield Renewable Partners (“BEP”) is a globally diversified, multi-technology pure-play renewable power company. We offer stable, diversified cash flows supported by a strong financial profile and investment grade balance sheet. We target annual equity deployment of $800 million in high-quality assets while focusing on downside protection and preservation of capital. With significant scale, a value-oriented approach to investing, and deep operating expertise, we are well positioned to continue growing our distributions by 5% to 9% annually and delivering 12% to 15% total returns to unitholders over the long-term.

Investment Highlights

D I V E R S E A N D H I G H - Q U A L I T Y A S S E T B A S E ▪ Approximately 19,300 megawatts of hydro, wind, solar, distributed

generation and storage capacity across four continents

M U LT I P L E L E V E R S T O G R O W C A S H F L O W S ▪ Proven and repeatable growth strategy combining a

value investment approach with operating expertise and capital discipline

C A S H F L O W R E S I L I E N C Y T H R O U G H - T H E - C Y C L E ▪ Robust balance sheet and access to global capital markets

ensures significant downside protection

P R O V E N T R A C K R E C O R D ▪ 20 year track record in the renewable power sector,

delivering 18% annualized returns to unitholders since inception

Q U I C K F A C T SE X C H A N G E SNYSE: BEPTSX: BEP.UN

INVESTOR RELATIONS+1-833-236-0278 enquiries@brookfieldrenewable.com

$16BM A R K E T

C A P I T A L I Z A T I O N

~5%Y I E L D

$2.17A N N U A L D I S T R I B U T I O N

P E R U N I T 1

5%-9%T A R G E T D I S T R I B U T I O N

G R O W T H

$48BT O T A L

P O W E R A S S E T S

19,300M E G A W A T T S O F

C A P A C I T Y

74%H Y D R O E L E C T R I C

G E N E R A T I O N

BBB+I N V E S T M E N T G R A D E

B A L A N C E S H E E T As at March 31, 20201) 2020 annual distribution per LP unit

P R I C E P E R F O R M A N C E

ANNUALIZED TOTAL RETURN 3-YEAR 5-YEAR INCEPTION

BEP.UN (TSX) 21% 15% 17%

BEP (NYSE) 19% 13% 17%

S&P/TSX Composite Index -2% 1% 5%

S&P 500 5% 7% 5%

Source: Bloomberg, including reinvestment of dividends. At March 31, 20202012 2013 2014 2015 2016 2017 2018 2019 2020

6% CAGR

1.38 1.451.66

1.55

1.78 1.871.96

2.062.17

Attractive, Risk-Adjusted Returns

A N N U A L D I S T R I B U T I O N

Brookfield Renewable Partners AT A GLANCE | Q1 2020

Global Operations with Local Presence

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

Simple Strategy

Diversified Operating Portfolio of High-Quality Assets

Acquire and develop high-quality renewable power assets and businesses below intrinsic value

Recycle capital from mature, de-risked assets

Optimize cash flows by applying our operating expertise to enhance value

Finance our businesses on an investment grade basis

A S I AS O U T H A M E R I C A

$29BTotal Power Assets

9,400 Megawatts

$11BTotal Power Assets

4,800 Megawatts

$1BTotal Power Assets

1,000 Megawatts

H Y D R O Our portfolio has significant storage capacity and ability to produce power at all hours of the day

7,900M E G A W A T T S

W I N D Our wind assets are focused on areas with scarcity value, and built with Tier 1 turbine equipment

4,700M E G A W A T T S

S O L A R Diversified portfolio across PV and CSP technologies with diverse and scalable applications

2,500M E G A W A T T S

D I S T R I B U T E D G E N E R A T I O N We own one of the largest C&I DG portfolios in the U.S., giving us direct access to our customers

800M E G A W A T T S

S T O R A G E Our pumped storage and battery assets are able to produce electricity during peak hours, and recharge when prices are low

2,700MEGAWATTS

$7BTotal Power Assets

4,100 Megawatts

Cash Flow Growth Through Operating Levers

BEP is focused on delivering 5% to 9% distribution growth annually on a per unit basis from organic initiatives and fully funded by internally generated cash flows.

LEVEREXPECTED ANNUAL FFO GROWTH

EXPECTED 5 YEAR FFO CONTRIBUTION DETAIL

Inflation Escalation 1% to 2% ~$75 million ~40% of our revenues have embedded inflation indexation

Re-Contracting 1% to 2% ~$40 million Limited downside risk to PPA maturities in North America plus exposure to rising power prices in Brazil and Colombia

Cost Reduction 1% to 2% ~$65 million Targeting cost reductions of $2/MWh

Development & Repowering 3% to 5% ~$125 million Targeting to build 1,000 MW from our proprietary development

pipeline over the next five years at premium returns

FFO per Unit Growth Potential 6% to 11% ~$305 million We do not rely on M&A to achieve our distribution

growth target

Corporate Structure

BROOKFIELD ASSET MANAGEMENT(BAM)

BROOKFIELDBUSINESS PARTNERS

(BBU)63%2

BROOKFIELDPROPERTY PARTNERS

(BPY)51%

BROOKFIELDINFRASTRUCTURE PARTNERS

(BIP)30%

BROOKFIELDRENEWABLE PARTNERS

(BEP)2

61%1,4

PRIVATE FUND LPs 3

COMPANY A COMPANY B COMPANY C COMPANY D

1) Based on closing price on the NYSE on March 31, 20202) BEP generally funds Brookfield’s commitment to renewables transactions in Private Funds3) Indicative third-party commitments 4) On a fully-exchanged basis

Proven Track Record of Capital Deployment

Hydro Wind Solar Other$0.0

$0.5

$1.0

$1.5

$2.0

North America Latin America Europe Asia

Deployed $3.6 billion of BEP equity since 2014 $billions

Our portfolio avoids 28 million metric tons of carbon dioxide emissions annually, which is equivalent to:

vehicles from the road annually

6 million 10 milliontons of waste

recycled instead of landfilled

5 millionhomes electricity use for one year

nearly allof London, England’s emissions in one year

460 milliontrees planted

Access to Deep Pool of Capital

M U LT I P L E F U N D I N G L E V E R S

Significant Liquidity We currently have ~$3 billion1 of available liquidity

Diversified Access to Capital Markets We have raised ~$3.5 billion in corporate debt and equity (preferred and common) markets since 2015

Partner Capital We have access to ~$4.4 billion of partner capital to invest alongside

Track Record of Capital Recycling Raised over ~$1.2 billion in proceeds in the last two years through opportunistic capital recycling

1 Availabile liquidity and corporate financings are adjusted to reflect the issuance of C$175 million of Series 11 ($124 million) and C$175 million of Series 12 ($124 million) medium term notes on April 3, 2020

Robust Balance Sheet

BBB+I N V E S T M E N T G R A D E B A L A N C E S H E E T

Highest rating in the sector with non-amortizing corporate debt fully supported by perpetual hydro portfolio

10 YEARSA V E R A G E P R O J E C T D E B T T E R M T O M A T U R I T Y

Well laddered debt profile with no material maturities in the next 4 years or deferred financing structures like converts or tax equity

~90%F I X E D R A T E F I N A N C I N G S

Minimal interest rate exposure, with only 6% of our debt in North America and Europe exposed to rising interest rates

~80%N O N - R E C O U R S E F I N A N C I N G S

Structured on an investment grade basis with attractive covenant packages that are free from financial maintenance covenants

2020 2021 2022 After$0.0

$1.0

$2.0

$3.0

$4.0

$5.0

$6.0

Non-Recourse Maturities Recourse Maturities

2023 2024

1Debt Maturity Ladder is proforma the re-opening of our Series 11 and 12 MTNs in April

Debt Maturity Ladder $billions, as at March 31, 20201

18%D E B T T O C A P I T A L I Z A T I O N - C O R P O R A T E

9.5XD E C O N S O L I D A T E D E B I T D A /I N T E R E S T C O V E R A G E

This document is intended solely for informational purposes. This document is not intended to, and does not constitute an offer or solicitation to sell or a solicitation of an offer to buy any security, product, or service in any jurisdiction in which we are not licensed to conduct business and/or an offer, solicitation, purchase or sale would be unavailable or unlawful. We are not making any offer or invitation of any kind by communication of this document and under no circumstances is it to be construed as a prospectus, investment advice, or an advertisement. This fact sheet contains forward-looking statements and information within the meaning of Canadian and U.S. securities laws. Forward-looking statements include statements that are predictive in nature, depend upon or refer to future events or conditions, and include words such as “estimates”, “targets”, “plans”, “expectations”, “opinions”, “forecasts”, “projections”, “guidance” or other statements that are not statements of fact. Forward-looking statements in this fact sheet include statements regarding the quality of our assets and the resiliency of the cash flow they will generate, our anticipated financial performance and annual returns and FFO growth, future commissioning of assets, contracted nature of our portfolio, technology diversification, acquisition and investment opportunities, expected completion of acquisitions, financing and refinancing opportunities, future energy prices and demand for electricity, economic recovery, achieving long-term average generation, project development and capital expenditure costs, our target cost reductions, energy policies, economic growth, growth potential of the renewable asset class, our future growth prospects and distribution profile, including our target annual distribution growth, and our access to capital.

Although we believe 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 our actual results, performance or achievements to differ materially from anticipated future results, performance or achievement expressed or implied by such forward-looking statements and information. Factors that could cause actual results to differ materially from those contemplated or implied by forward-looking statements in this fact sheet are detailed in our documents filed with the securities regulators in Canada and the United States. For further information on these known and unknown risks, please see “Risk Factors” included in our annual report on Form 20-F. Nothing contained herein should be deemed to be a prediction or projection of our future performance. The forward-looking statements represent our views as of the date of this fact sheet and should not be relied upon as representing our views as of any subsequent date. While we anticipate that subsequent events and developments may cause our views to change, we disclaim any obligation to update the forward-looking statements, other than as required by applicable law.