TELUS amends dividend reinvestment program

Core Viewpoint - TELUS Corporation is set to amend its Dividend Reinvestment and Share Purchase Plan (DRISP) by reducing the discount on shares issued from treasury to 1.75% effective April 1, 2026, impacting dividends payable on that date to shareholders of record on March 11, 2026 [1]. Summary by Relevant Sections Dividend Reinvestment Program Changes - Effective April 1, 2026, TELUS will reduce the discount on shares issued from treasury to 1.75% from the average market price for shares acquired through the reinvestment of dividends [1]. - The changes will apply to dividends payable on April 1, 2026, to shareholders of record on March 11, 2026 [1]. - Shares acquired with optional cash payments will be issued from treasury at 100% of the average market price [1]. Participation Details - Shareholders in Canada and the United States can elect to reinvest dividends in TELUS shares through the DRISP [1]. - Non-registered beneficial holders should consult their intermediaries for participation procedures [1]. - Enrollment forms must be received by Computershare Trust Company of Canada by the close of business on March 11, 2026, to participate in the April 1, 2026 dividend payment [1]. Company Overview - TELUS operates in over 45 countries, generating more than $20 billion in annual revenue with over 21 million customer connections [1]. - The company is committed to leveraging technology for positive human outcomes and has initiatives in health, agriculture, and digital customer experiences [1]. - TELUS has contributed $1.85 billion in cash and in-kind contributions since 2000, earning recognition as the world's most giving company [1].