June 17, 2022 Rogers Communications Inc. Toronto, Ontario M4W 1G9 Attention: Tony Staffieri, President & Chief Executive Officer Re: Acquisition of Freedom Mobile Inc. Dear Mr. Staffieri:Acquisition Agreement • June 21st, 2022 • Rogers Communications Inc • Cable & other pay television services • Ontario
This agreement (together with the term sheet attached as Exhibit A hereto (the “Term Sheet”), in each case as amended from time to time in accordance with the terms hereof, this “Agreement”) sets out the essential terms and conditions upon which Quebecor Inc. (“Quebecor”), Rogers Communications Inc. (“Rogers”), and Shaw Communications Inc. (“Shaw”) and Shaw Telecom Inc. (“Shaw Telecom”, and, together with Quebecor, Rogers and Shaw, the “Parties”) will implement and effect (or cause to be implemented and effected) the transaction and other arrangements described in the Term Sheet (collectively, the “Transaction”), including the acquisition of all of the shares (the “Purchased Shares”) of Freedom Mobile Inc. by the Buyer (as defined in the Term Sheet).
