TELUS Digital warns Canada Post strike may delay shareholder materials

TELUS Digital (NYSE: TIXT) announced that the Canada Post strike may delay postal delivery of physical copies of management information materials for its special shareholder meeting scheduled for October 27, 2025.

The meeting will consider a proposed arrangement with TELUS Corporation (NYSE: TU). The company stated that shareholders can access the management information circular and related materials electronically through SEDAR+, EDGAR, and the Envision website.

Key deadlines remain unchanged despite potential postal delays. Shareholders must submit consideration elections by October 22 at 9:00 a.m. Vancouver time, while proxy voting must be completed by October 23 at 9:00 a.m. Vancouver time.

Under the arrangement, each TELUS Digital shareholder can elect to receive $4.50 in cash, 0.273 TELUS shares, or a combination of $2.25 cash plus 0.136 TELUS shares for each TELUS Digital share. The total share consideration is limited to 25% of the aggregate consideration paid to shareholders.

Registered shareholders experiencing delays can contact Computershare Investor Services at 1-800-564-6253 for control numbers to vote online or by phone. Beneficial shareholders should contact their brokers for assistance.

The company encourages shareholders to use electronic voting methods and courier services for physical forms to ensure timely delivery. Shareholders requiring assistance can contact proxy solicitation agent Laurel Hill Advisory Group at 1-877-452-7184.

Shareholders who do not make a valid election by the deadline will automatically receive the combination consideration for all their shares, according to the company statement.

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