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This document and the management discussion and analysis contains statements about expected future events and financial
and operating results that are forward-looking and subject to risks and uncertainties. TELUS’ actual results, performance,
or achievement could differ materially from those expressed or implied by such statements. Such statements are qualified
in their entirety by the inherent risks and uncertainties surrounding future expectations and may not reflect the potential impact
of any future acquisitions, mergers or divestitures. Factors that could cause actual results to differ materially include but are
not limited to the following: general business and economic conditions in TELUS’ service territories across Canada; competition
in wireline and wireless services, including voice, data and Internet services and within the Canadian telecommunications
industry generally; levels of capital expenditures; corporate restructurings; successful integration of acquisitions; capital and
operating expense savings; adverse regulatory action; collective labour agreement negotiations; technological advances;
the effect of health and safety concerns and other risk factors described in Risks and Uncertainties, and
listed from time to time in the Company’s reports, TELUS’ comprehensive public disclosure documents, including the Annual
Information Form, and in other filings with securities commissions in Canada and the U.S.
TELUS disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new
information, future events or otherwise.
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