Core Insights - TELUS Corporation has successfully completed the acquisition of TELUS Digital, enhancing its position as a global leader in AI-powered digital customer experience and SaaS transformation across various industries [1] - The integration is expected to drive growth in TELUS' telecommunications, health, agriculture, and consumer goods sectors, while also expanding growth opportunities for TELUS Digital within its external client base [1] - Operational efficiencies from this acquisition are projected to generate approximately $150 million annually [1] Financial Details - The acquisition involved purchasing all outstanding multiple voting shares and subordinate voting shares of TELUS Digital not already owned by TELUS, at a price of US$4.50 per share [1] - The total consideration for the acquisition amounts to approximately US$539 million [1] - Following the acquisition, TELUS now owns 100% of TELUS Digital [1]

Core Points - TELUS International (Cda) Inc. announced the results from its special meeting of shareholders held on October 27, 2025, to consider a specific plan [1] Company Summary - The meeting involved holders of Multiple Voting Shares (MVS) and Subordinate Voting Shares (SVS), collectively referred to as Shares [1]

PresentationJosh Blair Hello, everyone, and welcome to the special meeting of the shareholders of TELUS Digital. I'm Josh Blair, and I'm pleased to be your Chair for this meeting. As we look to ensure that we are making ourselves and our company as accessible as possible to all of our shareholders on an effective and efficient basis, we are having you attend our special meeting in a virtual format via a live webcast consistent with our annual general meetings. This technology-enabled format allows all share ...

Financial Data and Key Metrics Changes - The special resolution approving the arrangement between TELUS Digital and TELUS Corporation has passed with approximately 98% of eligible votes represented at the meeting [2][11] - The arrangement resolution requires at least two-thirds of the votes cast by holders of subordinate and multiple voting shares, along with a simple majority of subordinate voting shares, to pass [7][8] Business Line Data and Key Metrics Changes - The meeting focused on the arrangement involving TELUS Digital and TELUS Corporation, indicating a strategic shift towards integration and consolidation within the company [6][12] Market Data and Key Metrics Changes - The meeting was conducted virtually, allowing global participation from shareholders, which reflects the company's commitment to accessibility and shareholder engagement [1][2] Company Strategy and Development Direction - TELUS International aims to enhance its role as a trusted provider of digital customer experience solutions and AI innovations as it transitions to a private arm of TELUS Corporation [12] - The management expressed confidence in future prospects and a focus on delivering exceptional value for customers, team members, and communities [12] Management's Comments on Operating Environment and Future Outlook - Management highlighted the importance of shareholder support throughout the company's journey and expressed gratitude for the trust placed in them [12] - The company is excited about the opportunities ahead and is focused on driving continued innovation and growth [12] Other Important Information - The meeting was properly constituted with the necessary quorum, and the voting procedures were clearly outlined for shareholders [2][4][5] Q&A Session Summary Question: Are there any questions or comments on the motion? - There were no questions or comments from the shareholders regarding the motion [10]

Financial Data and Key Metrics Changes - The special resolution approving the arrangement between TELUS Digital and TELUS Corporation has passed with approximately 98% of eligible votes represented at the meeting [2][12] - The arrangement resolution requires at least two-thirds of the votes cast by holders of subordinate and multiple voting shares, along with a simple majority from subordinate voting shares, excluding certain votes [8][9] Business Line Data and Key Metrics Changes - The meeting focused on the arrangement involving TELUS Digital, which will see TELUS Corporation acquire all outstanding shares of TELUS Digital that it does not already own [7][9] Market Data and Key Metrics Changes - No specific market data or key metrics were discussed during the meeting [11] Company Strategy and Development Direction - TELUS International aims to continue as a trusted provider of digital customer experience solutions and AI innovations as part of TELUS Corporation [13] - The management expressed confidence in future prospects and a commitment to delivering exceptional value for customers, team members, and communities [13] Management's Comments on Operating Environment and Future Outlook - Management expressed gratitude to shareholders for their support and emphasized the importance of trust throughout their journey as a public company [13] - The company is excited about the opportunities ahead and plans to build on its strong foundation to drive continued innovation and growth [13] Other Important Information - The official results of the meeting will be available on the company's investor relations website and other platforms following the meeting [12] Q&A Session Summary Question: Are there any questions or comments regarding the motion? - There were no questions or comments addressed during the meeting [11]

Financial Data and Key Metrics Changes - The special resolution approving the arrangement between TELUS Digital and TELUS Corporation has passed with approximately 98% of eligible votes represented at the meeting [4][16] - The arrangement resolution requires at least two-thirds of votes from subordinate and multiple voting shares, along with a simple majority from subordinate voting shares, excluding certain votes [11] Business Line Data and Key Metrics Changes - No specific financial data or key metrics for individual business lines were discussed in the meeting [14] Market Data and Key Metrics Changes - No specific market data or key metrics were provided during the meeting [14] Company Strategy and Development Direction - TELUS Digital is transitioning to become a private arm of TELUS Corporation, focusing on delivering exceptional value in digital customer experience solutions and AI innovations [17] - The company expresses confidence in future prospects and aims to drive continued innovation and growth as part of TELUS [18] Management's Comments on Operating Environment and Future Outlook - Management expressed gratitude to shareholders for their support and emphasized the commitment to building on a strong foundation for future growth [17] - The management team is optimistic about the opportunities ahead as part of TELUS [18] Other Important Information - The official results of the meeting will be available on TELUS Digital's Investor Relations website and other regulatory platforms [16] Q&A Session Summary Question: Are there any questions or comments on the motion? - There were no questions or comments raised during the meeting [14]

Core Insights - The TELUS Digital survey indicates that AI assistants are becoming competitive with traditional apps as consumers increasingly prefer faster and smarter digital experiences [1] Group 1 - The survey highlights a significant shift in consumer behavior towards AI-driven solutions, suggesting a growing demand for enhanced digital interactions [1] - AI assistants are being recognized for their ability to streamline tasks and provide immediate responses, which aligns with consumer expectations for efficiency [1] - The findings suggest that companies may need to adapt their digital strategies to incorporate AI technologies to meet evolving consumer preferences [1]

Core Points - TELUS International (Cda) Inc. is urging shareholders to vote in favor of the proposed arrangement with TELUS Corporation [1] - The arrangement involves TELUS acquiring all outstanding multiple voting shares and subordinate voting shares of TELUS Digital not already owned by TELUS [1] - The acquisition price is set at US$4.50 per share, amounting to an aggregate consideration of US$539 million [1]

Core Viewpoint - TELUS Digital shareholders are encouraged to vote in favor of the proposed arrangement with TELUS Corporation, which has received strong endorsements from independent proxy advisory firms, indicating the transaction's attractiveness and fairness to minority shareholders [1][3][4]. Summary by Sections Transaction Details - The proposed arrangement offers a 51.8% premium to the unaffected share price, making it an attractive mixed-consideration offer for TELUS Digital shareholders [3]. - The arrangement requires approval from at least two-thirds (66%) of votes cast by holders of subordinate and multiple voting shares, as well as a simple majority from subordinate voting shareholders, excluding TELUS and its affiliates [8]. Proxy Advisory Support - Institutional Shareholder Services Inc. (ISS) has recommended that TELUS Digital shareholders vote in favor of the arrangement, highlighting the likelihood of no more compelling offers emerging in the near term [2][3]. - The special committee of independent directors unanimously supports the arrangement, asserting it is in the best interests of TELUS Digital and fair to minority shareholders [3][4]. Voting Information - The Special Meeting for shareholders is scheduled for October 27, 2025, and will be conducted virtually [5]. - Shareholders can vote online or via telephone, with detailed instructions provided in the management information circular [7]. Consideration Election - Shareholders can elect to receive either US$4.50 in cash, 0.273 of a common share of TELUS, or a combination of both, with a deadline for election set for October 22, 2025 [14][16]. - Those who do not make a valid election will be deemed to have chosen the combination consideration for their shares [16]. Company Overview - TELUS Digital focuses on creating digital transformations and enhancing customer experiences through a range of integrated capabilities, including AI solutions and customer experience management [17]. - The company emphasizes responsible technology development guided by its Humanity-in-the-Loop principles, aiming to address broader impacts of its work [18].

Core Points - TELUS Digital is facing potential delays in postal delivery of shareholder meeting materials due to a Canada Post labour strike, encouraging shareholders to access materials electronically [1][2] - The Special Meeting of shareholders is scheduled for October 27, 2025, to discuss a proposed arrangement with TELUS Corporation [1] - Shareholders must submit their election regarding preferred consideration by October 22, 2025, at 9:00 a.m. (Vancouver time) [7][9] Voting Process - Registered shareholders experiencing delays should contact Computershare Investor Services for individual control numbers to vote [3] - Beneficial shareholders should reach out to their brokers for assistance in obtaining control numbers and are encouraged to vote online or via telephone [4] - The proxy voting deadline is set for October 23, 2025, at 9:00 a.m. (Vancouver time) [3][4] Consideration Options - Shareholders can elect to receive either US$4.50 in cash, 0.273 of a common share of TELUS, or a combination of US$2.25 in cash and 0.136 of a TELUS share, subject to proration [8][11] - Those who do not make a valid election will be deemed to have chosen the Combination Consideration for all their shares [11] Company Overview - TELUS Digital focuses on creating digital transformations and enhancing customer experiences through various integrated capabilities, including AI and cloud solutions [18][19] - The company emphasizes responsible technology development, guided by principles that consider the broader impacts of its work [19]