Shares and dividends

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Dividends

Note Dividends paid by BCE to Canadian residents are eligible dividends for Canadian income tax purposes.

Schedule of dividend payments Below is a schedule of payment dates for 2025. It is important to note that this is subject to dividends being declared by the Board of Directors. When a dividend payment date falls on a date that is not a business day, the payment is made on the following business day.

Declaration	Record	Payment	Dividend number	Amount of dividend
November 6, 2024	January 31, 2025 (Friday)	March 1, 2025 (Saturday)	89	$0.334125
February 5, 2025	April 30, 2025 (Wednesday)	June 1, 2025 (Sunday)	90	$0.334125
May 7, 2025	July 31, 2025 (Thursday)	September 1, 2025 (Monday)	91	$0.334125
August 6, 2025	October 31, 2025 (Friday)	December 1, 2025 (Monday)	92	$0.334125
November 5, 2025	January 30, 2026 (Friday)	March 1, 2026 (Sunday)	93	$0.334125

Terms and documents

	Y	Z
Ticker symbol Cusip Shares outstanding	BCE.PR.Y 05534B851 5,958,652 (As at December 31, 2024)	BCE.PR.Z 05534B828 2,658,031 (As at December 31, 2024)
Annual dividend	Floating	5.346% per annum
Dividend payment dates	The 12th day of every month	The 1st day of March, June, Sept. and Dec.
Dividend terms	Until December 1, 2027, series Y shareholders are entitled to receive monthly floating adjustable cash dividends, computed in accordance with the terms and conditions attached to such shares	Until December 1, 2027, series Z shareholders are entitled to receive quarterly cash dividends of 5.346% per annum computed in accordance with the terms and conditions attached to such shares
Redemption price	$25.50	$25.00
Redemption terms	BCE may redeem the series Y shares at any time for $25.50 per share	BCE may redeem the series Z shares on December 1, 2027, and every five years thereafter for $25.00 per share
Convertible into	First Preferred, Series Z	First Preferred, Series Y
Conversion date	December 1, 2027	December 1, 2027
Conversion terms	Holders of series Y shares will, subject to the automatic conversion provisions, have the right to convert, on December 1, 2027 and on December 1 every five years thereafter, their shares into an equal number of series Z shares upon giving to BCE notice thereof as per the terms and conditions of the conversion	Holders of series Z shares will, subject to the automatic conversion provisions, have the right to convert, on December 1, 2027 and on December 1 every five years thereafter, their shares into an equal number of series Y shares upon giving to BCE notice thereof as per the terms and conditions of the conversion
Automatic conversion	Following the close of business on last day for tendering the shares for conversion by holders of series Y and series Z shares, if BCE determines that there would be outstanding on a conversion date less than 1,000,000 series Y shares, such remaining number of series Y shares shall automatically be converted into an equal number of series Z shares. Additionally, if BCE determines at such time that there would be outstanding on such conversion date less than 1,000,000 series Z shares, then no series Y shares shall be converted into series Z shares	Following the close of business on last day for tendering the shares for conversion by holders of series Z and series Y shares, if BCE determines that there would be outstanding on a conversion date less than 1,000,000 series Z shares, such remaining number of series Z shares shall automatically be converted into an equal number of series Y shares. Additionally, if BCE determines at such time that there would be outstanding on such conversion date less than 1,000,000 series Y shares, then no series Z shares shall be converted into series Y shares

* All fractional shares were rounded down and paid in cash en lieu.

* Toutes les actions fractionnaires seront arrondies vers le bas et payées en espèce.

ⁱ IDC report IoT Adoption in Canada, 2021 by Nigel Wallis IDC#CA47059321

ⁱRapport d'IDC IoT Adoption in Canada, 2021 par Nigel Wallis, document d'IDC numéro CA47059321

1. As the Incumbent Local Exchange Carrier Bell Canada provides local exchange service to most MDUs in Ontario and Quebec.

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4. À titre d'entreprise de services locaux titulaire, Bell MTS offre le service local à la plupart des ILM au Manitoba. Le service est fourni en vertu des « modalités de service » de Bell MTS qui sont approuvées par le CRTC, et aucune autre entente d'accès n'existe pour ces immeubles.