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

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

$28BM A R K E T

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

21GWO P E R A T I N G C A P A C I T Y

$1.22C U R R E N T 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 A N N U A L

D I S T R I B U T I O N G R O W T H

$59BT O T A L

P O W E R A S S E T S

27GWD E V E L O P M E N T

P I P E L I N E

62%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

2021202020192018201720162015201420132012

6% CAGR

0.770.730.83

0.950.89

1.00 1.051.10

1.161.22

Global Leader in Renewable Power

With nearly $60 billion in assets under management across all major technologies, Brookfield Renewable is a leading owner, operator and developer of renewable energy and decarbonization technology. We offer stable, diversified cash flows supported by a strong financial profile and investment grade balance sheet. We target annual equity deployment of $0.8-1 billion in high-quality assets that focus on downside protection and preservation of capital. With significant scale, a value-oriented approach, and deep operating expertise, we are well positioned to continue growing our distributions by 5-9% annually and delivering 12-15% total returns to unitholders over the long-term.

Investment Highlights

A T T R A C T I V E S E C T O R ▪ Strong ESG practices support global decarbonization and create

long-term value for stakeholders

D I V E R S E A N D H I G H - Q U A L I T Y C A S H F L O W S ▪ ~21 GW of renewable capacity across multiple technologies

and continents, supported by a strong contract profile and best-in-class assets

S T R O N G F I N A N C I A L P O S I T I O N ▪ Robust balance sheet and access to diverse sources of

capital ensures significant downside protection

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 that has delivered a strong return to unitholders since inception

1) Distribution amounts have been adjusted for the special distribution of BEPC effective July 30, 2020 and the 3-for-2 stock split effective December 11, 2020.

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

ANNUALIZED TOTAL RETURN 5-YEAR SINCE INCEPTION

BEP (NYSE) 28% 20%

BEP (TSX) 27% 19%

S&P 500 Index 16% 7%

S&P 500 ESG Index 15% 12%

S&P Utilities Index 12% 10%

S&P/TSX Composite Index 10% 7%

Includes dividends reinvestment. As At March 31, 2021

Attractive, Risk-Adjusted Returns

A N N U A L D I S T R I B U T I O N 1

Brookfield RenewableAT A GLANCE | Q1 2021

Global Operations with Local Presence

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

10,200 Megawatts

5,400 Megawatts

1,100Megawatts

3,900Megawatts

Diversified Operating Portfolio of High-Quality Assets

8,000M E G A W A T T S

H Y D R O

5,800M E G A W A T T S

W I N D

2,200M E G A W A T T S

S O L A R

3,400M E G A W A T T S

S T O R A G E & O T H E R 1

1,300M 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

1. Includes ~700 MW of biomass and co-generation facilities.

1. Figures based on normalized revenue for the last twelve months, proportionate to BEP.2. Figures based on revenue, proportionate to BEP. Excludes financial contracts and Brazil and Colombia, where we would expect the energy associated with maturing contracts to be re-contracted in the normal course given the construct of the

respective power markets.

Diverse High-Quality Cash Flows

85%

15%

52%

22%

16%

10%

61%16%

21%

2%

North America Europe Latin America Asia Contracted MerchantHydro Wind Utility Solar Energy Transition

Technologically Diversified1

14-year Average PPA

term2

Growing Global

Footprint1

1. Assumes $250 million to $350 million of equity is deployed per annum to build out 450 to 700 MW per annum at 15% FFO accretion2. Assumes up to $1.5 billion of equity per annum deployed into M&A at 10% FFO accretion

Multiple Levers for Cash Flow Growth

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.

Corporate Structure

1. BAM ownership figures as of March 31, 2021 on a fully diluted/exchanged basis.2. Includes Oaktree and other alternative investments. Oaktree also has real estate and infrastructure products.3. Portfolios of fixed income and equity securities managed on behalf of clients.

BROOKFIELD ASSET MANAGEMENT(NYSE:BAM)1

Infrastructure

Real Estate

BrookfieldPropertyPartners

(NASDAQ: BPY)57%

Real Estate

Real Estate

Infrastructure

Infrastructure

BrookfieldInfrastructurePartners/Corp

(NYSE: BIP, BIPC)28%

RenewablePower

Renewables

BrookfieldRenewable

Partners/Corp

(NYSE: BEP, BEPC)48%

Private EquityBUSINESSES

AFFILIATES1

PRIVATEFUNDS

PUBLICSECURITIES3

Real AssetCredit

Private Equity

BrookfieldBusinessPartners

(NYSE: BBU)64%

Credit – Oaktree2

Credit & Other Alternative Strategies

Transition

Simple Strategy

1Invest or

develop on a value basis

2Optimize

cash flows

3Monetize mature assets

12–15% Returnson Invested Capital

61 million tCO2e of Avoided Emissions

OUR AMBITION IS TO DOUBLE OUR AVOIDED CARBON EMISSIONS BY 2030

21 GW OPERATING ASSETS 27 GW DEVELOPMENT ASSETS

29M tCO2e 32M tCO2e

100% 100%6 million 6 million

currently avoiding with the potential to avoid

equivalent to equivalent to

of London's annual emissions

of Houston's annual emissions

vehicles removed from the road

homes' electricity use for one year

1–2%

2–4%

3–5%

Up to 9%

2010 2020 InflationEscalation

MarginEnhancement

DevelopmentPipeline

M&A Growth 2025

10%+ CAGR

1

2

FFO PER-SHARE GROWTH

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

13 YEARSA V E R A G E D E B T T E R M T O M A T U R I T Y

Well laddered debt profile

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

Minimal exposure to rising interest rates

90%1

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 no financial maintenance covenants

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.

Access to Deep Pool of CapitalO U R F U N D I N G P L A N D O E S N O T R E Q U I R E C O M M O N E Q U I T Y I S S U A N C E S

$3.4 billion of available liquidity

$4 billion of partner capital

Raised $2.5 billion in the last two years through capital recycling

Globally Leading Development Capabilities

27,000 megawatt global development pipeline extending across solar, wind, hydro, distributed generation, and storage.

1. On a consolidated basis

A S I A - P A C I F I C

4,700Megawatts

E U R O P E 8,000Megawatts

U N I T E D S T A T E S

5,600 Megawatts

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

7,200 Megawatts

C A N A D A

1,600 Megawatts