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

$19BM A R K E T

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

~4%I M P L I E D Y I E L D

$1.74C 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

G R O W T H

$52BT 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

66%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

2012 2013 2014 2015 2016 2017 2018 2019 2020

6% CAGR

1.10 1.161.33

1.24

1.42 1.501.57

1.651.74

Leader in Renewable Power Generation

Brookfield Renewable 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

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 ▪ 19,300 megawatts 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 18% to unitholders since inception

1) Distribution has been adjusted for the special distribution of BEPC shares effective July 30, 2020.

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

ANNUALIZED TOTAL RETURN 1-YEAR 5-YEAR INCEPTION

BEP (NYSE) 62% 21% 18%

BEP (TSX) 64% 22% 18%

S&P 500 Index 16% 12% 6%

S&P Utilities Index 2% 10% 8%

S&P/TSX Composite Index 4% 6% 6%

S&P/TSX Capped Utilities Index 13% 11% 10%

Source: Bloomberg, including reinvestment of dividends. At August 11, 2020

Attractive, Risk-Adjusted Returns

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

Brookfield RenewableAT A GLANCE | Q2 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

2,600M 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

$11BTotal Power Assets

4,100 Megawatts

Robust Development Pipeline

Hydro Other Wind Solar Storage

18,000 MW

Hydro Other Wind Solar Storage

18,000 MW

North America Latam Asia EuropeNorth America Latam Asia Europe

Given our scale, diversity, and global nature, we are uniquely positioned to partner with governments and businesses to help them achieve their decarbonization goals. We have an 18,000 MW development pipeline diversified across multiple technologies and geographies, including approximately 2,400 MW under construction.

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 DETAIL

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

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

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

Development & Repowering 3% to 5% 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% We do not rely on M&A to achieve our distribution growth target

Corporate Structure

1. BAM ownership figures as of June 30, 2020.2. Economic ownership interest on a fully diluted basis.3. Portfolios of fixed income and equity securities managed on behalf of clients.4. Includes Oaktree and other alternative investments. Oaktree also has real estate and infrastructure products.5. On a fully exchanged basis and inclusive of BAM secondary offering announced on May 26, 2020.

BROOKFIELD ASSET MANAGEMENT(NYSE:BAM)

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 ~$4 billion of BEP equity since 2014 $billions

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

vehicles removed 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

Infrastructure

Real Estate

BrookfieldPropertyPartners

(NASDAQ: BPY)53%2

Real Estate

Real Estate

Infrastructure

Infrastructure

BrookfieldInfrastructure

Partners

(NYSE: BIP)30%

RenewablePower

Sustainable Resources

BrookfieldRenewable

Partners

(NYSE: BEP)57%5

Private EquityBUSINESSES

AFFILIATES1

PRIVATEFUNDS

PUBLICSECURITIES3

Real AssetCredit

Private Equity

BrookfieldBusinessPartners

(NYSE: BBU)63%

Ceredit4

Credit

Credit

Oaktree

(Private 62%)

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 ~$3.4 billion1 of available liquidity

Diversified Access to Capital Markets We have raised ~$3.8 billion2 in corporate debt and equity (preferred and common) markets since 2015

Partner Capital We have access to ~$5 billion of partner capital to invest alongside

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

1 Available liquidity is adjusted for the acquisition of a 38% interest in TerraForm Power, Inc. completed on

July 31, 2020

2 Corporate debt issuances include our C$425m Series 14 notes that closed in August 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 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 five 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 7% 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

Profroma Debt Maturity Ladder $billions, as at June 30, 20201

17%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

12.1XD 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.

1Figures and table are as at June 20th pro forma the issuance of our C$425m Series 13 MTN and redemption of our C$400m Series 8 MTN