BCE implements amendments to its Shareholder Dividend Reinvestment Plan to permit discount for treasury issuances; 2% discount to apply starting with reinvestment of dividend payable on January 15, 2025

Dividend Reinvestment Plan (DRP) Updates - BCE Inc has implemented amendments to its Shareholder Dividend Reinvestment and Stock Purchase Plan (DRP) allowing the issuance of new common shares from treasury at a 2% discount to the Average Market Price starting with the dividend payable on January 15 2025 [2][3] - The discount applies to common shares distributed under the DRP but not to purchases made via optional cash payments [3] - The equity issuances from the discounted DRP are expected to help BCE retain cash for strategic growth initiatives and strengthen its balance sheet [4] DRP Participation and Enrollment - The DRP offers eligible BCE common shareholders a convenient way to acquire additional shares without commission or brokerage fees by reinvesting cash dividends or making optional cash payments [5] - The annual limit for optional cash payments has been increased from Cdn$20 000 to Cdn$40 000 [5] - Existing DRP participants will automatically receive the 2% discount on the dividend payable on January 15 2025 while new participants must enroll by December 16 2024 [6] - Beneficial owners of BCE common shares should consult their financial institution or broker to participate in the DRP [6] Regulatory and Investor Information - BCE has filed a registration statement with the SEC to register sales of newly issued common shares in the US under the DRP [8] - The prospectus related to these sales is available on the SEC's website BCE's website and the Agent's website [8] - Common shares offered under the DRP outside the US will not be registered under the United States Securities Act of 1933 [9] Company Overview - BCE is Canada's largest communications company based on total revenue and total combined customer connections providing broadband Internet wireless TV media and business communications services [10][12] - Through its Bell for Better initiative BCE supports community social and economic prosperity including the Bell Let's Talk initiative promoting mental health awareness and funding community care research and workplace leadership [11]