Aravinda Galappatthige

Stephanie Price

Divya Goyal

Jinli Chan

Puneet Jain

Jérome Dubreuil

Keith Bachman

Antonio Jaramillo

Daniel Perlin

David Koning

Johnson

Jonathan Lee

Kathleen Kronstein

Margaret Nolan

Matt Dezort

Ramsey El-Assal

Ryan Campbell

Suthan Sukumar

Tien-tsin Huang

- **TELUS International (Cda) Inc. (TELUS Digital)** has filed its management information circular and received an interim order for an arrangement with **TELUS Corporation**, under which TELUS will acquire all outstanding multiple voting and subordinate voting shares of TELUS Digital not already owned by TELUS.  **[1825155_0001104659-25-091145_tm2524150d8_ex99-1.htm:0]** 
- The transaction is valued at **US$539 million** in aggregate consideration, with shareholders receiving **US$4.50 per share**, which represents a **52.0% premium** over the unaffected closing price on June 11, 2025.  **[1825155_0001104659-25-091145_tm2524150d8_ex99-1.htm:0]**  Shareholders can elect to receive **US$4.50 in cash**, **0.273 of a TELUS common share**, or a **combination of US$2.25 in cash and 0.136 of a TELUS common share**, subject to proration for share options.  **[1825155_0001104659-25-091145_tm2524150d8_ex99-1.htm:0]** 
- The independent Special Committee and the TELUS Digital Board of Directors unanimously recommend that shareholders vote **IN FAVOUR** of the Arrangement.  **[1825155_0001104659-25-091145_tm2524150d8_ex99-1.htm:0]** **[1825155_0001104659-25-091145_tm2524150d8_ex99-1.htm:1]**  The transaction is supported by **EQT**, TELUS Digital's largest minority shareholder, holding approximately **37.7%** of the outstanding subordinate voting shares.  **[1825155_0001104659-25-091145_tm2524150d8_ex99-1.htm:1]** 
- A Special Meeting of shareholders is scheduled for **October 27, 2025**, to consider the Arrangement, which is expected to close at the end of **October 2025** if approved.  **[1825155_0001104659-25-091145_tm2524150d8_ex99-1.htm:0]** **[1825155_0001104659-25-091145_tm2524150d8_ex99-1.htm:1]**

TELUS Digital Files Circular for Arrangement with TELUS Corporation

- TELUS Corporation has entered into a definitive agreement to acquire all outstanding multiple voting shares and subordinate voting shares of TELUS International (Cda) Inc. (TELUS Digital) not already owned by TELUS for **US$4.50 per share**, reflecting aggregate consideration of **US$539 million**.  **[1825155_0001104659-25-086091_tm2524985d1_ex99-1.htm:0]** 
- The **US$4.50 per share** price represents a **52.0% premium** over TELUS Digital’s unaffected closing price on June 11, 2025.  **[1825155_0001104659-25-086091_tm2524985d1_ex99-1.htm:1]**  The transaction values TELUS Digital’s equity at approximately **US$1.3 billion**, with a total transaction value of approximately **US$2.9 billion**.  **[1825155_0001104659-25-086091_tm2524985d1_ex99-1.htm:1]** 
- The transaction, which is expected to close in the **fourth quarter of 2025**, has received the unanimous recommendation of TELUS Digital’s independent Special Committee and the unanimous approval of its Board of Directors.  **[1825155_0001104659-25-086091_tm2524985d1_ex99-1.htm:0]** **[1825155_0001104659-25-086091_tm2524985d1_ex99-1.htm:2]** **[1825155_0001104659-25-086091_tm2524985d1_ex99-1.htm:4]**  Key minority shareholders, including EQT (holding approximately **31.0%** of outstanding subordinate voting shares), have agreed to support the deal.  **[1825155_0001104659-25-086091_tm2524985d1_ex99-1.htm:1]** **[1825155_0001104659-25-086091_tm2524985d1_ex99-1.htm:3]**

TELUS International (Cda) Inc. Announces Acquisition by TELUS

TELUS International (Cda) (TIXT)