0001104659-25-062611 Sample Contracts

TELUS CORPORATION Underwriting Agreement June 24, 2025
Underwriting Agreement • June 25th, 2025 • Telus Corp • Radiotelephone communications

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 J.P. Morgan Securities LLC, RBC Capital Markets, LLC and Wells Fargo Securities, LLC 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 principal amounts set forth in Schedule II hereto of U.S.$700 million aggregate principal amount of the Company’s 6.625% Fixed-to-Fixed Rate Junior Subordinated Notes, Series A due October 15, 2055 and U.S.$800 million aggregate principal amount of the Company’s 7.000% Fixed-to-Fixed Rate Junior Subordinated Notes, Series B due October 15, 2055 (the “Securities”), to be issued under the indenture dated as of September 19, 2016 (the “Base Indenture”) between the Company