#Canada #Vancouver #Dividend Reinvestment #TELUS Corporation #DRISP

TELUS Corporation Modifies Dividend Reinvestment Program

On February 25, 2026, TELUS Corporation, a prominent telecommunications technology firm operating across numerous countries, announced significant changes to its Dividend Reinvestment and Share Purchase Plan (DRISP). Effective April 1, 2026, the company will adjust its policy, reducing the discount on shares issued from treasury to 1.75% based on the average market price for dividends reinvested.

These adjustments come as TELUS aims to streamline its offerings while ensuring that shareholders continue to benefit from reinvesting dividends. The new discount rate applies to the dividends payable on April 1, 2026, specifically for shareholders recorded by March 11, 2026. In contrast, shares purchased with optional cash payments will be issued at 100% of the average market price, maintaining consistency across shareholder opportunities.

Objectives of the Changes

The decision to amend the discount reflects TELUS’s commitment to adapt to market conditions and shareholder preferences. By reducing the discount, the company aims to stabilize its share price while still providing a favorable option for dividend reinvestment. The modified terms are expected to enhance the DRISP's attractiveness and encourage continued engagement with shareholders.

Shareholders based in Canada and the United States will automatically have this new discount applied to any dividends that they wish to reinvest. Additionally, shareholders residing outside North America may also participate, contingent upon adherence to their local laws.

For registration, shareholders can easily navigate to the ComputerShare website or contact their shareholder services for guidance. Those who wish to join the DRISP ahead of the upcoming April dividend must submit their enrollment forms well before the March 11 deadline.

About TELUS Corporation

TELUS Corporation (TSX T, NYSE TU) stands as a leader in the communications technology landscape, boasting operations in over 45 nations. With annual revenue exceeding $20 billion, TELUS serves more than 21 million customer connections through a comprehensive array of broadband services. Their corporate philosophy revolves around putting customers and communities at the forefront, leading to initiatives designed to improve quality of life and promote social responsibility.

Beyond telecommunications, TELUS is also making strides in areas such as health technology, enhancing the lives of millions with well-being technologies. They continue to invest in community initiatives that support education and health; notable among these is the TELUS Student Bursary program, which has distributed millions in funding to assist students in pursuing higher education.

In essence, TELUS Corporation’s recent changes to its dividend reinvestment program denote its ongoing efforts to engage with and support its shareholders while reflecting a strong commitment to community and social responsibility. As investors look towards maximizing their returns, the streamlined DRISP presents a valuable opportunity for reinvestment in a company that champions innovation and customer focus.

For more information, shareholders are encouraged to visit TELUS's official websites or follow their latest updates on social media platforms. With these developments, TELUS continues to reinforce its position in the global telecommunications market, ensuring that shareholder interests remain a priority.