Contents

Introduction
Legal Background
Obligations
Quick Reference
Schedule A

Insider Transactions home

Introduction

1. Introduction

TELUS Corporation as a public company has internal guidelines to control transactions involving its securities by all TELUS team members to ensure TELUS team members are aware of and comply with their legal obligations and TELUS' policy with respect to "insider trading" and "tipping". "TELUS" or the "Company", as used in this policy, means TELUS Corporation and its Subsidiaries.

We expect every TELUS team member to fully comply with all applicable legal requirements and this Policy. The objectives of this Policy are to:

• educate TELUS team members about their legal obligations with respect to insider trading and tipping; and
• foster and facilitate compliance with applicable laws to prevent transactions by TELUS team members that would not be in full compliance with the legal requirements.

1.1 Scope of this Policy

This Policy applies to all TELUS team members.

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