TELUS CORPORATION Underwriting Agreement February 20, 2020Underwriting Agreement • February 20th, 2020 • Telus Corp • Radiotelephone communications • Ontario
TELUS Corporation, a British Columbia company (the “Company”), confirms its agreement with each of the underwriters named in Schedule II hereto (collectively, the “Underwriters”, and each individually an “Underwriter”), for whom RBC Dominion Securities Inc. and TD Securities Inc. are acting as representatives (in such capacity, the “Representatives”), with respect to the issue and sale by the Company and the purchase by the Underwriters, acting severally and not jointly, of the respective percentage amounts set forth in Schedule II hereto of an aggregate of 25,000,000 common shares (the “Common Shares”) in the capital of the Company (the “Firm Shares”) at a price of C$52.00 per Firm Share for aggregate gross proceeds to the Company of C$1,300,000,000.
