<SEC-DOCUMENT>0000733099-26-000015.txt : 20260722
<SEC-HEADER>0000733099-26-000015.hdr.sgml : 20260722
<ACCEPTANCE-DATETIME>20260722083748
ACCESSION NUMBER:		0000733099-26-000015
CONFORMED SUBMISSION TYPE:	6-K
PUBLIC DOCUMENT COUNT:		6
CONFORMED PERIOD OF REPORT:	20260630
FILED AS OF DATE:		20260722
DATE AS OF CHANGE:		20260722

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			ROGERS COMMUNICATIONS INC
		CENTRAL INDEX KEY:			0000733099
		STANDARD INDUSTRIAL CLASSIFICATION:	CABLE & OTHER PAY TELEVISION SERVICES [4841]
		ORGANIZATION NAME:           	06 Technology
		EIN:				000000000
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		6-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-10805
		FILM NUMBER:		261191742

	BUSINESS ADDRESS:	
		STREET 1:		333 BLOOR STREET EAST
		STREET 2:		10TH FLOOR
		CITY:			TORONTO, ONTARIO
		STATE:			A6
		ZIP:			M4W 1G9
		BUSINESS PHONE:		4160353532

	MAIL ADDRESS:	
		STREET 1:		333 BLOOR STREET EAST
		STREET 2:		10TH FLOOR
		CITY:			TORONTO, ONTARIO
		STATE:			A6
		ZIP:			M4W 1G9

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	ROGERS CABLESYSTEMS INC
		DATE OF NAME CHANGE:	19860425
</SEC-HEADER>
<DOCUMENT>
<TYPE>6-K
<SEQUENCE>1
<FILENAME>rci-06302026x6k.htm
<DESCRIPTION>6-K
<TEXT>
<html><head>
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<title>Document</title></head><body><div id="i2993e831c89f48a09d4d342a60223d8c_1"></div><div style="min-height:42.75pt;width:100%"><div><font><br></font></div></div><div style="margin-top:9pt;text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.853%"><tr><td style="width:1.0%"></td><td style="width:98.900%"></td><td style="width:0.1%"></td></tr><tr style="height:3pt"><td colspan="3" style="border-bottom:1pt solid #000000;border-top:1pt solid #000000;padding:0 1pt"></td></tr></table></div><div style="text-align:center"><font style="color:#000000;font-family:'Times New Roman',serif;font-size:12pt;font-weight:700;line-height:120%">UNITED STATES</font></div><div style="text-align:center"><font style="color:#000000;font-family:'Times New Roman',serif;font-size:12pt;font-weight:700;line-height:120%">SECURITIES AND EXCHANGE COMMISSION</font></div><div style="text-align:center"><font style="color:#000000;font-family:'Times New Roman',serif;font-size:12pt;font-weight:700;line-height:120%">WASHINGTON, D.C. 20549</font></div><div style="text-align:center"><font style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:12pt;font-weight:400;line-height:120%">________________________________________________</font></div><div style="text-align:center"><font><br></font></div><div style="margin-top:4pt;text-align:center"><font style="color:#000000;font-family:'Times New Roman',serif;font-size:14pt;font-weight:700;line-height:120%">FORM 6-K</font></div><div style="text-align:center"><font style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:12pt;font-weight:400;line-height:120%">________________________________________________</font></div><div style="margin-top:12pt;text-align:center"><font style="color:#000000;font-family:'Times New Roman',serif;font-size:12pt;font-weight:700;line-height:120%">Report of Foreign Private Issuer</font></div><div style="text-align:center"><font style="color:#000000;font-family:'Times New Roman',serif;font-size:12pt;font-weight:700;line-height:120%">Pursuant to Rule 13a-16 or 15d-16</font></div><div style="text-align:center"><font style="color:#000000;font-family:'Times New Roman',serif;font-size:12pt;font-weight:700;line-height:120%">under the Securities Exchange Act of 1934</font></div><div style="text-align:center"><font style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:12pt;font-weight:400;line-height:120%">________________________________________________</font></div><div style="margin-top:12pt;text-align:center"><font style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:120%">For the month of July, 2026</font></div><div style="margin-top:6pt;text-align:center"><font style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:120%">Commission File Number 001-10805</font></div><div style="text-align:center"><font style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:12pt;font-weight:400;line-height:120%">________________________________________________</font></div><div style="margin-top:12pt;text-align:center"><font style="color:#000000;font-family:'Times New Roman',serif;font-size:24pt;font-weight:700;line-height:120%">ROGERS COMMUNICATIONS INC.</font></div><div style="text-align:center"><font style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;line-height:120%">(Translation of registrant&#8217;s name into English)</font></div><div style="text-align:center"><font style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:12pt;font-weight:400;line-height:120%">________________________________________________</font></div><div style="margin-top:12pt;text-align:center"><font style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;line-height:120%">333 Bloor Street East</font></div><div style="text-align:center"><font style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;line-height:120%">10th Floor</font></div><div style="text-align:center"><font style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;line-height:120%">Toronto, Ontario M4W 1G9</font></div><div style="text-align:center"><font style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;line-height:120%">Canada</font></div><div style="text-align:center"><font style="color:#000000;font-family:'Times New Roman',serif;font-size:8pt;font-weight:700;line-height:120%">(Address of principal executive offices)</font></div><div style="text-align:center"><font style="color:#000000;font-family:'Times New Roman',serif;font-size:12pt;font-weight:400;line-height:120%">________________________________________________</font></div><div style="text-align:center"><font style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div><div style="margin-top:12pt"><font style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:120%">Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F&#58;</font></div><div style="margin-top:12pt;text-align:center"><font style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:120%">Form&#160;20-F&#160;&#160;</font><font style="color:#000000;font-family:'Wingdings',sans-serif;font-size:10pt;font-weight:400;line-height:120%">o</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:120%">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; &#160; Form&#160;40-F&#160;&#160;</font><font style="color:#000000;font-family:'Wingdings',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#254;</font></div><div style="margin-top:12pt;text-align:center"><font><br></font></div><div style="margin-top:9pt;text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.853%"><tr><td style="width:1.0%"></td><td style="width:98.900%"></td><td style="width:0.1%"></td></tr><tr style="height:3pt"><td colspan="3" style="border-bottom:1pt solid #000000;border-top:1pt solid #000000;padding:0 1pt"></td></tr></table></div><div style="margin-top:4pt;text-align:center"><font><br></font></div><div id="i2993e831c89f48a09d4d342a60223d8c_4"></div><div style="text-align:center"><font style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;line-height:120%">Signatures</font></div><div style="margin-top:12pt;text-align:justify;text-indent:24.75pt"><font style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:120%">Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.</font></div><div><font style="color:#000000;font-family:'Times New Roman',serif;font-size:12pt;font-weight:400;line-height:120%">&#160;</font></div><div style="margin-top:5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.853%"><tr><td style="width:1.0%"></td><td style="width:50.290%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.342%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:1.974%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:37.994%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="9" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;line-height:100%">ROGERS COMMUNICATIONS INC.</font></td></tr><tr style="height:15pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="6" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:100%">By&#58;</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:100%">&#160;</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:100%">&#47;s&#47; Glenn Brandt</font></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:100%">&#160;</font></td><td colspan="3" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:100%">Name&#58; Glenn Brandt</font></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:100%">&#160;</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:100%">Title&#58; Chief Financial Officer</font></td></tr></table></div><div style="margin-top:12pt"><font style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:120%">Date&#58;&#160;July&#160;22, 2026 </font></div><div style="height:42.75pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="text-align:center"><font><br></font></div></div></div><div id="i2993e831c89f48a09d4d342a60223d8c_7"></div><hr style="page-break-after:always"><div style="min-height:42.75pt;width:100%"><div><font><br></font></div></div><div style="text-align:center"><font style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;line-height:120%">Exhibit Index</font></div><div><font style="color:#000000;font-family:'Times New Roman',serif;font-size:12pt;font-weight:400;line-height:120%">&#160;</font></div><div style="margin-top:5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.707%"><tr><td style="width:1.0%"></td><td style="width:11.363%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.533%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:85.704%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',serif;font-size:8pt;font-weight:400;line-height:100%;text-decoration:underline">Exhibit&#160;Number</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',serif;font-size:8pt;font-weight:400;line-height:100%">&#160;&#160;</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',serif;font-size:8pt;font-weight:400;line-height:100%;text-decoration:underline">Description of Document</font></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:100%">99.1</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:100%">&#160;&#160;</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:100%">Management's Discussion and Analysis of Rogers Communications Inc. for the second quarter ended June 30, 2026</font></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:100%">99.2</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:100%">Interim Condensed Consolidated Financial Statements of Rogers Communications Inc. for the second quarter ended June 30, 2026</font></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:100%">99.3</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:100%">Earnings Release of Rogers Communications Inc. for the second quarter ended June 30, 2026</font></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr></table></div><div><font><br></font></div><div style="height:42.75pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="text-align:center"><font><br></font></div></div></div></body></html>
</TEXT>
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<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>2
<FILENAME>rci-06302026xexhibit991.htm
<DESCRIPTION>EX-99.1
<TEXT>
<html><head>
<!-- Document created using Wdesk -->
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<title>Document</title></head><body><div id="i0e68e03401ad4a75a6c964253f28303d_25"></div><div style="min-height:45pt;width:100%"><div style="text-align:justify"><font><br></font></div></div><div><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:12pt;font-weight:700;line-height:120%">MANAGEMENT'S DISCUSSION AND ANALYSIS</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:700;line-height:120%">&#160;&#160;&#160;&#160;Exhibit 99.1</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">This Management's Discussion and Analysis (MD&#38;A) contains important information about our business and our performance for the three and six months ended June&#160;30, 2026 and forward-looking information (see &#34;About Forward-Looking Information&#34;) about future periods. This MD&#38;A should be read in conjunction with our Second Quarter 2026 Interim Condensed Consolidated Financial Statements (Second Quarter 2026 Interim Financial Statements) and notes thereto, which have been prepared in accordance with International Accounting Standard 34, </font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:120%">Interim Financial Reporting</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">, as issued by the International Accounting Standards Board (IASB)&#59; our 2025 Annual MD&#38;A&#59; our 2025 Annual Audited Consolidated Financial Statements and notes thereto, which have been prepared in accordance with International Financial Reporting Standards (IFRS) as issued by the IASB&#59; and our other recent filings with Canadian and US securities regulatory authorities, including our Annual Information Form, which are available on SEDAR+ at sedarplus.ca or EDGAR at sec.gov.</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">For more information about Rogers, including product and service offerings, competitive market and industry trends, our overarching strategy, key performance drivers, and objectives, see &#34;Understanding Our Business&#34;, &#34;Corporate Overview&#34;, and &#34;Delivering on our Priorities&#34; in our 2025 Annual MD&#38;A.</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">References to the Shaw Transaction are to our acquisition of Shaw Communications Inc. (Shaw) on April 3, 2023 (see &#34;Shaw Transaction&#34; in our 2023 Annual MD&#38;A and our 2023 Annual Audited Consolidated Financial Statements). References to the MLSE Transaction are to our acquisition of BCE Inc.'s (Bell) indirect 37.5% interest in Maple Leaf Sports &#38; Entertainment Ltd. (MLSE) on July 1, 2025 (see &#34;MLSE Transaction&#34; in our 2025 Annual MD&#38;A and our 2025 Annual Audited Consolidated Financial Statements). References to the &#34;network transaction&#34; are to our sale of a non-controlling interest in Backhaul Network Services Inc. (BNSI), a Canadian subsidiary of Rogers that owns a minor part of our wireless network (see &#34;Subsidiary Equity Investment&#34; in our 2025 Annual MD&#38;A and our 2025 Annual Audited Consolidated Financial Statements).</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:120%">We, us, our, Rogers, Rogers Communications,</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%"> and </font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:120%">the Company</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%"> refer to Rogers Communications Inc. and its subsidiaries. </font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:120%">RCI</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%"> refers to the legal entity Rogers Communications Inc., not including its subsidiaries. Rogers also holds interests in various investments and ventures. </font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">All dollar amounts in this MD&#38;A are in Canadian dollars unless otherwise stated and are unaudited. All percentage changes are calculated using the rounded numbers as they appear in the tables. This MD&#38;A is current as at July&#160;21, 2026 and was approved by the Audit and Risk Committee of RCI's Board of Directors (the Board) on that date.</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">We are publicly traded on the Toronto Stock Exchange (TSX&#58; RCI.A and RCI.B) and on the New York Stock Exchange (NYSE&#58; RCI).</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">In this MD&#38;A, </font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:120%">this quarter</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">, </font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:120%">the quarter</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">, or </font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:120%">second quarter </font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">refer to the three months ended June&#160;30, 2026, the </font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:120%">first quarter</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%"> refers to the three months ended March 31, 2026, and </font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:120%">year to date</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%"> refers to the six months ended June&#160;30, 2026, unless the context indicates otherwise. All results commentary is in descending order of magnitude and is compared to the equivalent period in 2025 or as at December&#160;31, 2025, as applicable, unless otherwise indicated.</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Xfinity marks and logos are trademarks of Comcast Corporation, used under license. &#169;2026 Comcast. Rogers trademarks in this MD&#38;A are owned or used under licence by Rogers Communications Inc. or an affiliate. This MD&#38;A may also include trademarks of other third parties. The trademarks referred to in this MD&#38;A may be listed without the &#8482; symbols. &#169;2026 Rogers Communications</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:700;line-height:120%">Reportable segments</font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">We report our results of operations in three reportable segments. Each segment and the nature of its business is as follows&#58;</font></div><div style="margin-top:5pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:8.359%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:89.441%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Segment</font></td><td colspan="3" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Principal activities</font></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Wireless</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Wireless telecommunications operations for Canadian consumers, businesses, the public sector, and wholesale providers.</font></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Cable</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Cable telecommunications operations, including Internet, television and other video (Video), Satellite, telephony (Home Phone), and home monitoring services for Canadian consumers and businesses, and network connectivity through our fibre network to support a range of voice, data, networking, hosting, and cloud-based services for the business, public sector, and carrier wholesale markets.</font></td></tr><tr><td colspan="3" style="border-bottom:1pt solid #000000;border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Media</font></td><td colspan="3" style="border-bottom:1pt solid #000000;border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:100%">A diversified portfolio of media properties, including sports media and entertainment, sports team ownership, television and radio broadcasting, specialty channels, and digital media.</font></td></tr></table></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Wireless and Cable are operated by our wholly owned subsidiary, Rogers Communications Canada Inc. (RCCI), and certain other subsidiaries. Media is operated by our wholly owned subsidiary, Rogers Media Inc., its subsidiaries, and MLSE. Effective July 2025, TSC was transferred from the Media reportable segment to Corporate Items, consistent with changes to its management structure. Comparative results have been recast to reflect this change, with no impact on consolidated results. </font></div><div style="height:45pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="margin-top:5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:32.233%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:32.233%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:32.234%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Rogers Communications Inc.</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><div style="text-align:center"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">1</font></div></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Second Quarter 2026</font></td></tr><tr><td colspan="3" style="display:none"></td></tr></table></div></div></div><div id="i0e68e03401ad4a75a6c964253f28303d_28"></div><hr style="page-break-after:always"><div style="min-height:45pt;width:100%"><div style="text-align:justify"><font><br></font></div></div><div><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:12pt;font-weight:700;line-height:120%">Where to find it </font><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.849%"><tr><td style="width:1.0%"></td><td style="width:3.110%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:45.215%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.852%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:2.659%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:43.564%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:middle"><div style="text-align:right"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:100%"><a href="#i0e68e03401ad4a75a6c964253f28303d_31" style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:100%;text-decoration:none">2</a></font></div></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Strategic Highlights</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:middle"><div style="text-align:right"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:100%"><a href="#i0e68e03401ad4a75a6c964253f28303d_76" style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:100%;text-decoration:none">28</a></font></div></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Commitments and Contractual Obligations</font></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:middle"><div style="text-align:right"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:100%"><a href="#i0e68e03401ad4a75a6c964253f28303d_37" style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:100%;text-decoration:none">3</a></font></div></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Quarterly Financial Highlights</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:middle"><div style="text-align:right"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:100%"><a href="#i0e68e03401ad4a75a6c964253f28303d_79" style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:100%;text-decoration:none">28</a></font></div></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Regulatory Developments</font></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:middle"><font id="ia49a75d356074519bda4dbd1152b9d5b_2-0-1-1-493613"></font><div style="text-align:right"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:100%"><a href="#i0e68e03401ad4a75a6c964253f28303d_40" style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:100%;text-decoration:none">4</a></font></div></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Summary of Consolidated Financial Results</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:middle"><div style="text-align:right"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:100%"><a href="#i0e68e03401ad4a75a6c964253f28303d_82" style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:100%;text-decoration:none">29</a></font></div></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Updates to Risks and Uncertainties</font></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:middle"><div style="text-align:right"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:100%"><a href="#i0e68e03401ad4a75a6c964253f28303d_43" style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:100%;text-decoration:none">5</a></font></div></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Results of our Reportable Segments</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:middle"><div style="text-align:right"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:100%"><a href="#i0e68e03401ad4a75a6c964253f28303d_85" style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:100%;text-decoration:none">29</a></font></div></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Material Accounting Policies and Estimates</font></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:middle"><div style="text-align:right"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:100%"><a href="#i0e68e03401ad4a75a6c964253f28303d_55" style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:100%;text-decoration:none">11</a></font></div></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Review of Consolidated Performance</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:middle"><div style="text-align:right"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:100%"><a href="#i0e68e03401ad4a75a6c964253f28303d_1194" style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:100%;text-decoration:none">30</a></font></div></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Financial Guidance</font></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:middle"><div style="text-align:right"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:100%"><a href="#i0e68e03401ad4a75a6c964253f28303d_58" style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:100%;text-decoration:none">14</a></font></div></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Managing our Liquidity and Financial Resources</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:middle"><div style="text-align:right"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:100%"><a href="#i0e68e03401ad4a75a6c964253f28303d_88" style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:100%;text-decoration:none">30</a></font></div></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:middle"><div><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:100%"><a href="#i0e68e03401ad4a75a6c964253f28303d_88" style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:100%;text-decoration:none">Key Performance Indicators</a></font></div></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:middle"><div style="text-align:right"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:100%"><a href="#i0e68e03401ad4a75a6c964253f28303d_64" style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:100%;text-decoration:none">20</a></font></div></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Overview of Financial Position</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:middle"><div style="text-align:right"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:100%"><a href="#i0e68e03401ad4a75a6c964253f28303d_91" style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:100%;text-decoration:none">31</a></font></div></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:middle"><div><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:100%"><a href="#i0e68e03401ad4a75a6c964253f28303d_91" style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:100%;text-decoration:none">Non-GAAP and Other Financial </a>Measures</font></div></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:middle"><div style="text-align:right"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:100%"><a href="#i0e68e03401ad4a75a6c964253f28303d_67" style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:100%;text-decoration:none">21</a></font></div></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Financial Condition</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:middle"><div style="text-align:right"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:100%"><a href="#i0e68e03401ad4a75a6c964253f28303d_97" style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:100%;text-decoration:none">35</a></font></div></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:middle"><div><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:100%"><a href="#i0e68e03401ad4a75a6c964253f28303d_97" style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:100%;text-decoration:none">Other Information</a></font></div></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:middle"><div style="text-align:right"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:100%"><a href="#i0e68e03401ad4a75a6c964253f28303d_70" style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:100%;text-decoration:none">24</a></font></div></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Financial Risk Management</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:middle"><div style="text-align:right"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:100%"><a href="#i0e68e03401ad4a75a6c964253f28303d_133" style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:100%;text-decoration:none">37</a></font></div></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:middle"><div><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:100%"><a href="#i0e68e03401ad4a75a6c964253f28303d_133" style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:100%;text-decoration:none">About Forward-Looking Information</a></font></div></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr></table></div><div style="text-align:justify"><font><br></font></div><div id="i0e68e03401ad4a75a6c964253f28303d_31"></div><div><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:12pt;font-weight:700;line-height:120%">Strategic Highlights</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">The five objectives set out below guide our work and decision-making as we further improve our operational execution and make well-timed investments to grow our core businesses and deliver increased shareholder value. Below are some highlights for the quarter.</font></div><div style="text-align:justify"><font><br></font></div><div><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:120%">Build the biggest and best networks in the country</font></div><div style="padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:13.5pt">Ranked best 5G+ network in Canada by umlaut in June 2026, a global leader in independent network performance benchmarking.</font></div><div style="padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:13.5pt">Expanded satellite-to-mobile coverage to the US for roaming customers, providing the most coverage in Canada and the US of any Canadian wireless service provider.</font></div><div style="padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:13.5pt">Deployed cloud-native network technology as an additional layer of mobile network resilience with Nokia and AWS &#8211; a global first.</font></div><div style="padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:13.5pt">Invested $27 million to upgrade Canada&#8217;s best 5G+ network at stadiums and fan zones in Toronto and Vancouver, host cities for the FIFA World Cup.</font></div><div style="text-align:justify"><font><br></font></div><div><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:120%">Deliver easy to use, reliable products and services</font></div><div style="padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:13.5pt">Expanded </font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:700;line-height:120%">Rogers Xfinity Multiview</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%"> to allow viewers to watch four live events at once.</font></div><div style="padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:13.5pt">Delivered new 5G+ plans with premium features, including industry&#8209;first Priority Network Access.</font></div><div style="padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:13.5pt">Launched </font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:120%">Rogers Red Partner</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">, an integrated point-of-sale and credit card program for small- and medium-sized businesses.</font></div><div style="text-align:justify"><font><br></font></div><div><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:120%">Be the first choice for Canadians</font></div><div style="padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:13.5pt">More Canadians continued to choose Rogers Wireless and Internet over any other provider.</font></div><div style="padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:13.5pt">Attracted attendance over 95% of capacity for </font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:120%">Toronto Blue Jays</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%"> games at </font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:120%">Rogers Centre</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">, the best second quarter attendance since 1994.</font></div><div style="padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:13.5pt">Reached 24 million Canadians throughout the 2026 Stanley Cup Playoffs on </font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:120%">Sportsnet</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">.</font></div><div style="padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:13.5pt">Secured the #1 Canadian conventional English-language drama for the third consecutive year with </font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:120%">Law &#38; Order Toronto&#58; Criminal Intent</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">.</font></div><div style="text-align:justify"><font><br></font></div><div><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:120%">Be a strong national company investing in Canada</font></div><div style="padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:13.5pt">Invested $695 million in capital expenditures.</font></div><div style="padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:13.5pt">Launched &#34;The 5.2 Project&#34; as part of our </font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:120%">Screen Break</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%"> program to help Canadian youth balance their screen time.</font></div><div style="padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:13.5pt">Named one of Canada&#8217;s Greenest Employers for the eleventh consecutive year by Mediacorp Canada Inc.</font></div><div style="padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:13.5pt">Announced a new long-term agreement renewing Rogers as a partner of Toronto Pearson Airport.</font></div><div style="text-align:justify"><font><br></font></div><div><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:120%">Be the growth leader in our industry</font></div><div style="padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:13.5pt">Grew total service revenue by 8% and adjusted EBITDA by 3%.</font></div><div style="padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:13.5pt">Generated strong free cash flow</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:5.85pt;font-weight:400;line-height:120%;position:relative;top:-3.15pt;vertical-align:baseline">1</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%"> of $982 million and cash flow from operating activities of $1,517 million.</font></div><div style="text-align:justify"><font><br></font></div><div id="i0e68e03401ad4a75a6c964253f28303d_1174"></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:700;line-height:120%">Update on sports and entertainment assets</font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">On July 6, 2026, we announced we had entered into an agreement to acquire the remaining 25% ownership interest in MLSE from Kilmer Sports Inc. for $4.35 billion in cash (MLSE minority interest acquisition), which we intend to fund through existing and new short-term credit facilities. Upon completion of this transaction, we will own 100% of MLSE. This transaction is subject to league approvals and is expected to close in the fourth quarter. As a result of this agreement, we have recognized a loss related to the MLSE put liability (see &#34;Review of Consolidated Performance&#34; for more information).</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">MLSE owns the Toronto Maple Leafs (NHL), Toronto Raptors (NBA), Toronto FC (MLS), Toronto Argonauts (CFL), various minor league teams, and associated real estate holdings, including Scotiabank Arena. MLSE also holds interests in certain </font></div><div style="border-bottom:1pt solid #000000;margin-bottom:5pt;margin-top:10pt;opacity:1;width:150pt"></div><div style="padding-left:4.5pt;text-align:justify;text-indent:-4.5pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">1</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:120%"> Free cash flow is a capital management measure. See &#34;Non-GAAP and Other Financial Measures&#34; for more information about this measure.</font></div><div style="height:45pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="margin-top:5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:32.233%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:32.233%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:32.234%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Rogers Communications Inc.</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><div style="text-align:center"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2</font></div></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Second Quarter 2026</font></td></tr><tr><td colspan="3" style="display:none"></td></tr></table></div></div></div><hr style="page-break-after:always"><div style="min-height:45pt;width:100%"><div style="text-align:justify"><font><br></font></div></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">entities that are complementary to its sports and events businesses. Following completion of this transaction, MLSE will become a wholly owned subsidiary of Rogers, further enhancing our sports and entertainment portfolio, which also includes the Toronto Blue Jays, Rogers Centre, and Sportsnet.</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Following the close of the above transaction, we intend to pursue the sale of a minority interest in our consolidated sports, media, and entertainment assets (Rogers Sports) to third-party investors over the next year. We expect this will unlock significant value for Rogers.</font></div><div style="text-align:justify"><font><br></font></div><div id="i0e68e03401ad4a75a6c964253f28303d_37"></div><div><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:12pt;font-weight:700;line-height:120%">Quarterly Financial Highlights</font></div><div><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:700;line-height:120%">Revenue</font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Total revenue and total service revenue increased by 8% this quarter, primarily as a result of revenue growth in Media and Cable.</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Wireless service revenue this quarter was in line with the prior year as the impact of the cumulative addition of new customers was offset by a decline in </font><font style="background-color:#ffffff;color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">mobile phone ARPU.</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%"> Wireless equipment revenue increased by 2%, primarily as a result of </font><font style="background-color:#ffffff;color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">a continued shift in the product mix towards higher-value devices</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">.</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Cable service revenue increased by 1% this quarter, primarily as a result of retail Internet subscriber growth and base management activities. Excluding the impact of the sale of our customer-facing data centre business in 2025, Cable service revenue would have increased by 2% this quarter.</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Media revenue increased by 53% this quarter, primarily as a result of revenue from MLSE following the July 1, 2025 closing of the MLSE Transaction.</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:700;line-height:120%">Adjusted EBITDA and margins</font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Consolidated adjusted EBITDA increased 3% this quarter, primarily as a result of EBITDA growth in Media, and our adjusted EBITDA margin decreased by 180 basis points.</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Wireless adjusted EBITDA increased by 1%, primarily as a result of higher equipment margins. This gave rise to an adjusted EBITDA margin of 66%, up 70 basis points.</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Cable adjusted EBITDA increased by 1% due to the flow-through impact of higher revenue, as discussed above. This gave rise to an adjusted EBITDA margin of 58%, up 10 basis points. Excluding the impact of the sale of our customer-facing data centre business in 2025, Cable adjusted EBITDA would have increased by 2% this quarter.</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Media adjusted EBITDA increased by $61 million this quarter, primarily due to the aforementioned revenue impacts and associated costs.</font></div><div><font><br></font></div><div style="text-align:justify"><font style="background-color:#ffffff;color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:700;line-height:120%">Net loss and adjusted net income</font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">There was a net loss of $665 million </font><font style="background-color:#ffffff;color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">this quarter</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%"> as a result of the $1,034 million non-cash loss on revaluation of the MLSE put liability (see &#34;Update on sports and entertainment assets&#34;). Adjusted net income this</font><font style="background-color:#ffffff;color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%"> quarte</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">r was in line with the prior year, as higher adjusted EBITDA was offset by higher depreciation and amortization and higher finance costs.</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:700;line-height:120%">Cash flow, available liquidity, and returns to shareholders</font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">This quarter, we generated cash provided by operating activities of $1,517 million (2025 - $1,596 million), which decreased as a result of higher net investment in net operating assets and liabilities partially offset by higher adjusted EBITDA, and free cash flow of $982 million (2025 - $925 million), which increased primarily as a result of lower capital expenditures and higher adjusted EBITDA, partially offset by distributions to non-controlling interests. Our free cash flow generation is expected to further strengthen our balance sheet over time through accelerated repayment of debt.</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">As at June&#160;30, 2026, we had $6.1 billion of available liquidity</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:5.85pt;font-weight:400;line-height:120%;position:relative;top:-3.15pt;vertical-align:baseline">2</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%"> (December&#160;31, 2025 - $5.9 billion), reflecting $1.7 billion in cash and cash equivalents and $4.4 billion available under our bank and other credit facilities.</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Our debt leverage ratio</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:5.85pt;font-weight:400;line-height:120%;position:relative;top:-3.15pt;vertical-align:baseline">2</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%"> was 3.8 as at June&#160;30, 2026 (December&#160;31, 2025 - 4.0, or 3.9</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:5.85pt;font-weight:400;line-height:120%;position:relative;top:-3.15pt;vertical-align:baseline">2</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%"> on an adjusted basis to include trailing 12-month adjusted EBITDA of a combined Rogers and MLSE as if the MLSE Transaction had closed at the beginning of the trailing 12-month period). See &#34;Financial Condition&#34; for more information.</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">We also returned $270 million in dividends to shareholders this quarter and we declared a $0.50 per share dividend on July&#160;21, 2026.</font></div><div style="border-bottom:1pt solid #000000;margin-bottom:5pt;margin-top:10pt;opacity:1;width:150pt"></div><div style="padding-left:4.5pt;text-align:justify;text-indent:-4.5pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">2</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:120%">&#160;&#160;&#160;&#160;Available liquidity and debt leverage ratio are capital management measures. Pro forma debt leverage ratio is a non-GAAP ratio. Pro forma trailing 12-month adjusted EBITDA is a non-GAAP financial measure and is a component of pro forma debt leverage ratio. See &#34;Non-GAAP and Other Financial Measures&#34; and &#34;Financial Condition&#34; for more information about these measures. These are not standardized financial measures under IFRS and might not be comparable to similar financial measures disclosed by other companies. See &#34;Financial Condition&#34; for a reconciliation of available liquidity.</font></div><div style="height:45pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="margin-top:5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:32.233%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:32.233%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:32.234%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Rogers Communications Inc.</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><div style="text-align:center"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">3</font></div></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Second Quarter 2026</font></td></tr><tr><td colspan="3" style="display:none"></td></tr></table></div></div></div><div id="i0e68e03401ad4a75a6c964253f28303d_40"></div><hr style="page-break-after:always"><div style="min-height:45pt;width:100%"><div style="text-align:justify"><font><br></font></div></div><div><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:12pt;font-weight:700;line-height:120%">Summary of Consolidated Financial Results</font></div><div style="margin-top:5pt;text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:48.599%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.158%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.158%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.158%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.550%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.158%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.158%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.161%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;&#160;</font></td><td colspan="9" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Three months ended June 30</font></td><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="9" style="border-left:0.5pt solid #000;border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Six months ended June 30</font></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(In millions of dollars, except margins and per share amounts)</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2026</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2025</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">%&#160;Chg</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2026</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2025</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">%&#160;Chg</font></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Revenue</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 6.25pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Wireless</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2,540</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2,540&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">5,131</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">5,084&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 6.25pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Cable</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">1,984</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,968&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">3,932</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">3,903&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 6.25pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Media</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">1,155</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">757&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">53&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2,143</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,299&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">65&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 14.5pt;text-align:left;text-indent:-9pt;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Corporate items and intercompany eliminations</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(64)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(49)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">31&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(109)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(94)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">16&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Revenue</font></td><td colspan="2" style="border-top:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">5,615</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="border-top:0.5pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-top:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">5,216&#160;</font></td><td style="border-top:0.5pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-top:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">8&#160;</font></td><td style="border-top:0.5pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;border-top:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">11,097</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="border-top:0.5pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-top:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">10,192&#160;</font></td><td style="border-top:0.5pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-top:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">9&#160;</font></td><td style="border-top:0.5pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><div style="padding-left:0.75pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Total service revenue </font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:5.2pt;font-weight:400;line-height:100%;position:relative;top:-2.8pt;vertical-align:baseline">1</font></div></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">5,055</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">4,668&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">8&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">9,967</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">9,115&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">9&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Adjusted EBITDA</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 6.25pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Wireless</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">1,313</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,305&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2,636</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2,616&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 6.25pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Cable</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">1,158</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,147&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2,280</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2,255&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 6.25pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Media</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">69</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">8&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">n&#47;m</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">69</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(55)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">n&#47;m</font></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 14.5pt;text-align:left;text-indent:-9pt;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Corporate items and intercompany eliminations</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(98)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:left;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(98)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(179)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(200)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(11)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:left;vertical-align:top"><div style="padding-left:0.75pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Adjusted EBITDA </font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:5.2pt;font-weight:400;line-height:100%;position:relative;top:-2.8pt;vertical-align:baseline">2</font></div></td><td colspan="2" style="border-top:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2,442</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="border-top:0.5pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-top:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2,362&#160;</font></td><td style="border-top:0.5pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-top:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">3&#160;</font></td><td style="border-top:0.5pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;border-top:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">4,806</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="border-top:0.5pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-top:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">4,616&#160;</font></td><td style="border-top:0.5pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-top:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">4&#160;</font></td><td style="border-top:0.5pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><div style="padding-left:0.75pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Adjusted EBITDA margin </font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:5.2pt;font-weight:400;line-height:100%;position:relative;top:-2.8pt;vertical-align:baseline">2</font></div></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">43.5</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">%</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">45.3&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">%</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(1.8</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;pts)</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">43.3</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">%</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">45.3&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">%</font></td><td colspan="2" 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Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Net (loss) income</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(665)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">148&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">n&#47;m</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(183)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">428&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">n&#47;m</font></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 7.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Net (loss) income attributable to RCI shareholders</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(726)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">157&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">n&#47;m</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(288)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">437&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">n&#47;m</font></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><div style="padding-left:0.75pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(Loss) earnings per share attributable to RCI shareholders&#58;</font></div></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 7.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Basic</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">($1.34)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:left;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$0.29&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:left;vertical-align:bottom"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">n&#47;m</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">($0.53)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:left;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$0.81&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:left;vertical-align:bottom"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">n&#47;m</font></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 7.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted 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#000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">($0.55)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:left;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$0.79&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:left;vertical-align:bottom"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">n&#47;m</font></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><div style="padding-left:0.75pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Adjusted net income </font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:5.2pt;font-weight:400;line-height:100%;position:relative;top:-2.8pt;vertical-align:baseline">2</font></div></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">633</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">632&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">1,183</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,175&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:6pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Adjusted net income attributable to RCI shareholders </font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:5.2pt;font-weight:400;line-height:100%;position:relative;top:-2.8pt;vertical-align:baseline">2</font></div></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">640</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">620&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">3&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">1,190</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,163&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><div style="padding-left:9pt;text-indent:-9pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Adjusted earnings per share attributable to RCI shareholders</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:5.2pt;font-weight:400;line-height:100%;position:relative;top:-2.8pt;vertical-align:baseline"> 2</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#58;</font></div></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><div style="padding-left:6.75pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Basic</font></div></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">$1.19</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:left;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$1.15&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:left;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">3&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" 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#000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Capital expenditures</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">695</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 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0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,809&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(17)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Cash provided by operating activities</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">1,517</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,596&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(5)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">3,012</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2,892&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">4&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="border-bottom:1pt solid #000;padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Free cash flow</font></td><td colspan="2" style="border-bottom:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">982</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="border-bottom:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-bottom:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted 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style="margin-top:3pt;padding-left:4.5pt;text-align:justify;text-indent:-4.5pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:120%">n&#47;m - not meaningful</font></div><div style="padding-left:4.5pt;text-align:justify;text-indent:-4.5pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">1&#160;&#160;&#160;&#160;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:120%">As defined. 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See &#34;Non-GAAP and Other Financial Measures&#34; for more information about these measures.</font></div><div style="text-align:justify"><font><br></font></div><div style="height:45pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="margin-top:5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:32.233%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:32.233%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:32.234%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Rogers Communications Inc.</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><div style="text-align:center"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">4</font></div></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Second Quarter 2026</font></td></tr><tr><td colspan="3" style="display:none"></td></tr></table></div></div></div><div id="i0e68e03401ad4a75a6c964253f28303d_43"></div><hr style="page-break-after:always"><div style="min-height:45pt;width:100%"><div style="text-align:justify"><font><br></font></div></div><div><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:12pt;font-weight:700;line-height:120%">Results of our Reportable Segments</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:700;line-height:120%">WIRELESS</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:700;line-height:120%">Wireless Financial Results</font></div><div style="margin-top:5pt;text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:43.344%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.059%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.059%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.059%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.400%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.059%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.059%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.061%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td colspan="9" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Three months ended June 30</font></td><td colspan="3" style="border-top:1pt solid #000;padding:0 1pt"></td><td colspan="9" style="border-left:0.5pt solid #000000;border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Six months ended June 30</font></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(In millions of dollars, except margins)</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2026</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2025</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">% Chg</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000;border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2026</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2025</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">% Chg</font></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Revenue</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:6.75pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Service revenue from external customers</font></div></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">1,954</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,972&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(1)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">3,951</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">3,975&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(1)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 7.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Service revenue from internal customers</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">36</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">27&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">33&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">70</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">50&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">40&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:6.75pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Service revenue</font></div></td><td colspan="2" style="border-top:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">1,990</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="border-top:0.5pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,999&#160;</font></td><td style="border-top:0.5pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="border-top:0.5pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000;border-top:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">4,021</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="border-top:0.5pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">4,025&#160;</font></td><td style="border-top:0.5pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="border-top:0.5pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:6.75pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Equipment revenue from external customers</font></div></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">550</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">541&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">1,110</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,059&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">5&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Revenue</font></div></td><td colspan="2" style="border-top:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2,540</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="border-top:0.5pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2,540&#160;</font></td><td style="border-top:0.5pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="border-top:0.5pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000;border-top:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">5,131</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="border-top:0.5pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">5,084&#160;</font></td><td style="border-top:0.5pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1&#160;</font></td><td style="border-top:0.5pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000;border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Operating costs</font></div></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 7.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Cost of equipment</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">503</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">528&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(5)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">1,044</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,036&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:6.75pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Other operating costs</font></div></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">724</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">707&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">1,451</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,432&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Operating costs</font></div></td><td colspan="2" style="border-top:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">1,227</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="border-top:0.5pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-top:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,235&#160;</font></td><td style="border-top:0.5pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-top:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(1)</font></td><td style="border-top:0.5pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000;border-top:0.5pt solid 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1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Adjusted EBITDA</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">1,313</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,305&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 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1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000;border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Adjusted EBITDA margin </font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:5.2pt;font-weight:400;line-height:100%;position:relative;top:-2.8pt;vertical-align:baseline">1</font></div></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">66.0</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">%</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">65.3&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">%</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">0.7</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;pts</font></td><td colspan="3" style="padding:0 1pt"></td><td 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Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Capital expenditures</font></div></td><td colspan="2" style="border-bottom:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">188</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="border-bottom:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-bottom:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">365&#160;</font></td><td style="border-bottom:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-bottom:1pt solid 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1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">772&#160;</font></td><td style="border-bottom:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-bottom:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(40)</font></td><td style="border-bottom:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr></table></div><div style="margin-top:3pt;padding-left:4.5pt;text-align:justify;text-indent:-4.5pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">1</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:120%">&#160;&#160;&#160;&#160;Calculated using service revenue.</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:700;line-height:120%">Wireless Subscriber Results</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%"> </font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:5.85pt;font-weight:400;line-height:120%;position:relative;top:-3.15pt;vertical-align:baseline">1</font></div><div style="margin-top:5pt;text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.849%"><tr><td style="width:1.0%"></td><td style="width:44.012%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.772%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.772%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.772%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.551%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.072%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.072%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.077%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="border-top:1pt solid #000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;&#160;</font></td><td colspan="9" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted 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style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2025</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Chg</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2026</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2025</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Chg</font></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><div style="padding-left:0.75pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Postpaid mobile phone </font></div></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 6.25pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Gross additions</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">333</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">362&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(29)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">762</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">699&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">63&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 6.25pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Net additions</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">22</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">35&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(13)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">50</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">46&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">4&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><div style="padding-left:5.25pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Total postpaid mobile phone subscribers </font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:5.2pt;font-weight:400;line-height:100%;position:relative;top:-2.8pt;vertical-align:baseline">2</font></div></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">11,045</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">10,910&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">135&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">11,045</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">10,910&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">135&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 6.25pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Churn (monthly)</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">0.94</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">%</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1.00&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">%</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(0.06</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;pts)</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">1.08</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">%</font></td><td colspan="2" style="background-color:#ffffff;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1.01&#160;</font></td><td style="background-color:#ffffff;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">%</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">0.07</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;pts</font></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><div style="padding-left:0.75pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Prepaid mobile phone</font></div></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 6.25pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Gross additions</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">199</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">135&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">64&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">348</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">267&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">81&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 6.25pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Net additions</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">18</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">26&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(8)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">23</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">49&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(26)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><div style="padding-left:5.25pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Total prepaid mobile phone subscribers </font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:5.2pt;font-weight:400;line-height:100%;position:relative;top:-2.8pt;vertical-align:baseline">2</font></div></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">1,223</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,160&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">63&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">1,223</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,160&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">63&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 6.25pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Churn (monthly)</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">5.01</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">%</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">3.23&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">%</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1.78</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;pts</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">4.52</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">%</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">3.28&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">%</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1.24</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;pts</font></td></tr><tr><td colspan="3" style="border-bottom:1pt solid #000000;padding:1.5pt 1pt;text-align:left;vertical-align:top"><div style="padding-left:0.75pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Mobile phone ARPU (monthly)</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:5.2pt;font-weight:400;line-height:100%;position:relative;top:-2.8pt;vertical-align:baseline"> 3</font></div></td><td colspan="2" style="border-bottom:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font 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0;text-align:left;vertical-align:bottom"></td><td colspan="2" style="border-bottom:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">($1.30)</font></td><td style="border-bottom:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:left;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr></table></div><div style="margin-top:3pt;padding-left:4.5pt;text-align:justify;text-indent:-4.5pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">1&#160;&#160;&#160;&#160;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Subscriber counts and subscriber churn are key performance indicators. 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Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:13.5pt">a continued shift in the product mix towards higher-value devices&#59; partially offset by</font></div><div style="padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="background-color:#ffffff;color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">&#8226;</font><font style="background-color:#ffffff;color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:13.5pt">a decrease in new subscribers purchasing devices.</font></div><div style="text-align:justify"><font><br></font></div><div style="height:45pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="margin-top:5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:32.233%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:32.233%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:32.234%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Rogers Communications Inc.</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><div style="text-align:center"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">5</font></div></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Second Quarter 2026</font></td></tr><tr><td colspan="3" style="display:none"></td></tr></table></div></div></div><hr style="page-break-after:always"><div style="min-height:45pt;width:100%"><div style="text-align:justify"><font><br></font></div></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">The increase year to date was also affected by higher device upgrades by existing customers. </font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:700;line-height:120%">Operating costs</font></div><div><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%;text-decoration:underline">Cost of equipment</font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">The 5% decrease in the cost of equipment this quarter and 1% increase year to date 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offering&#59; and </font></div><div style="padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="background-color:#ffffff;color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">&#8226;</font><font style="background-color:#ffffff;color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:13.5pt">higher costs associated with marketing and advertising initiatives. </font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:700;line-height:120%">Adjusted EBITDA</font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">The 1% increases in adjusted EBITDA this quarter and year to date were a result of the revenue and expense changes discussed above.</font></div><div style="text-align:justify"><font><br></font></div><div style="height:45pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="margin-top:5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:32.233%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:32.233%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:32.234%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Rogers Communications Inc.</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><div style="text-align:center"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">6</font></div></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Second Quarter 2026</font></td></tr><tr><td colspan="3" style="display:none"></td></tr></table></div></div></div><div id="i0e68e03401ad4a75a6c964253f28303d_46"></div><hr style="page-break-after:always"><div style="min-height:45pt;width:100%"><div style="text-align:justify"><font><br></font></div></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:700;line-height:120%">CABLE</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:700;line-height:120%">Cable Financial Results</font></div><div style="margin-top:5pt;text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.849%"><tr><td style="width:1.0%"></td><td style="width:43.260%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.072%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.072%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.072%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.401%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.072%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.072%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.079%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;&#160;</font></td><td colspan="9" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Three months ended June 30</font></td><td colspan="3" style="border-right:0.5pt solid #000000;border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="9" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Six months ended June 30</font></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(In millions of dollars, except 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Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2026</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2025</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">%&#160;Chg</font></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Revenue</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:6.75pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Service revenue from external customers</font></div></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">1,952</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,944&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">3,874</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">3,851&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" 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1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">34&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">12&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:6.75pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Service revenue</font></div></td><td colspan="2" style="border-top:0.5pt solid 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Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">10</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">7&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">43&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">20</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">18&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">11&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Revenue</font></td><td colspan="2" style="border-top:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">1,984</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="border-top:0.5pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,968&#160;</font></td><td style="border-top:0.5pt solid 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0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-top:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">3,903&#160;</font></td><td style="border-top:0.5pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-top:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1&#160;</font></td><td style="border-top:0.5pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><div style="padding-left:0.75pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Operating costs</font></div></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">826</font><font style="color:#000000;font-family:'Ted 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colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Adjusted EBITDA</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">1,158</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,147&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2,280</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2,255&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid 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Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">58.4</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">%</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">58.3&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">%</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted 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style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">57.8&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">%</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">0.2</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;pts</font></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-bottom:1pt solid #000;padding:1.5pt 1pt;text-align:left;text-indent:4.5pt;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Capital expenditures</font></td><td colspan="2" style="border-bottom:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">367</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="border-bottom:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-bottom:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">404&#160;</font></td><td style="border-bottom:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-bottom:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(9)</font></td><td style="border-bottom:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="border-bottom:1pt solid #000;padding:0 1pt"></td><td colspan="2" style="border-bottom:1pt solid #000;border-left:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">775</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="border-bottom:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-bottom:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">850&#160;</font></td><td style="border-bottom:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-bottom:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(9)</font></td><td style="border-bottom:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr></table></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:700;line-height:120%">Cable Subscriber Results </font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:5.85pt;font-weight:400;line-height:120%;position:relative;top:-3.15pt;vertical-align:baseline">1</font></div><div style="margin-top:5pt;text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:43.194%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.059%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.059%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.059%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.550%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.059%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.059%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.061%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;&#160;</font></td><td colspan="9" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Three months ended June 30</font></td><td colspan="3" style="border-right:0.5pt solid #000000;border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="9" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Six months ended June 30</font></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(In thousands, except ARPA and penetration)</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2026</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2025</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Chg</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2026</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2025</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Chg</font></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><div style="padding-left:0.75pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Homes passed </font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:5.2pt;font-weight:400;line-height:100%;position:relative;top:-2.8pt;vertical-align:baseline">2</font></div></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">10,624</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">10,354&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">270&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">10,624</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">10,354&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">270&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Customer relationships</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 6.25pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Net additions</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">9</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">16&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(7)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">6</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">20&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(14)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><div style="padding-left:5.25pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Total customer relationships </font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:5.2pt;font-weight:400;line-height:100%;position:relative;top:-2.8pt;vertical-align:baseline">2</font></div></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">4,862</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">4,825&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">37&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">4,862</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">4,825&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">37&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:0.75pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">ARPA (monthly)</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:5.2pt;font-weight:400;line-height:100%;position:relative;top:-2.8pt;vertical-align:baseline"> 3</font></div></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">$135.49</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:left;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$135.74&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:left;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">($0.25)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:left;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">$134.32</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:left;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$136.59&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:left;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">($2.27)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:left;vertical-align:bottom"></td></tr><tr style="height:12pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:0.75pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Penetration </font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:5.2pt;font-weight:400;line-height:100%;position:relative;top:-2.8pt;vertical-align:baseline">2</font></div></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">45.8</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">%</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">46.6&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">%</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(0.8</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;pts)</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">45.8</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">%</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">46.6&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">%</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(0.8</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;pts)</font></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000;border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Retail Internet</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 6.25pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Net additions</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">17</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">26&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(9)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">24</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">49&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(25)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><div style="padding-left:5.25pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Total retail Internet subscribers </font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:5.2pt;font-weight:400;line-height:100%;position:relative;top:-2.8pt;vertical-align:baseline">2</font></div></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">4,521</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">4,446&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">75&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">4,521</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">4,446&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">75&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Video</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 6.25pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Net losses</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(22)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(25)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">3&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(54)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(57)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">3&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><div style="padding-left:5.25pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Total Video subscribers </font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:5.2pt;font-weight:400;line-height:100%;position:relative;top:-2.8pt;vertical-align:baseline">2</font></div></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2,449</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2,560&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(111)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2,449</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2,560&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(111)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><div style="padding-left:0.75pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Home Monitoring</font></div></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 6.25pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Net additions</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">1</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">3&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(2)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">5</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">8&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(3)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><div style="padding-left:5.25pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Total Home Monitoring subscribers </font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:5.2pt;font-weight:400;line-height:100%;position:relative;top:-2.8pt;vertical-align:baseline">2</font></div></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">158</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">141&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">17&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">158</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">141&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">17&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Home Phone</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 6.25pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted 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style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(56)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(55)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(1)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="border-bottom:1pt solid #000000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:5.25pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Total Home Phone subscribers</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:5.2pt;font-weight:400;line-height:100%;position:relative;top:-2.8pt;vertical-align:baseline"> 2</font></div></td><td colspan="2" style="border-bottom:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">1,333</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="border-bottom:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-bottom:1pt solid #000;padding:1.5pt 0 1.5pt 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style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="border-bottom:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-bottom:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,452&#160;</font></td><td style="border-bottom:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-bottom:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(119)</font></td><td style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr></table></div><div style="margin-top:3pt;padding-left:4.5pt;text-align:justify;text-indent:-4.5pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">1&#160;&#160;&#160;&#160;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Subscriber results are key performance indicators. 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partially offset by</font></div><div style="padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:13.5pt">other efficiency and productivity initiatives.</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Operating costs for the year to date were stable.</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:700;line-height:120%">Adjusted EBITDA </font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">The 1% increases in adjusted EBITDA this quarter and year to date were a result of the service revenue and expense changes discussed above. 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Next',sans-serif;font-size:9pt;font-weight:700;line-height:120%">Media Financial Results</font></div><div style="margin-top:5pt;text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:43.194%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.059%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.059%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.059%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.550%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.059%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.059%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.061%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;&#160;</font></td><td colspan="9" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Three months ended June 30</font></td><td colspan="3" style="border-right:0.5pt solid #000000;border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="9" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Six months ended June 30</font></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(In millions of dollars, except margins)</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2026</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2025</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">%&#160;Chg</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2026</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2025</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">%&#160;Chg</font></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Revenue from external customers</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">1,075</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">679&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">58&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">1,991</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,142&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">74&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Revenue from internal customers</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 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style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><div style="padding-left:0.75pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Operating costs</font></div></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">1,086</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td 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Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">8&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">n&#47;m</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">69</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(55)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">n&#47;m</font></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Adjusted EBITDA margin</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 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1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">26&#160;</font></td><td style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-bottom:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">65&#160;</font></td><td style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="border-bottom:1pt solid #000000;padding:0 1pt"></td><td colspan="2" style="border-bottom:1pt solid #000000;border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted 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Higher subscriber revenue from the Warner Bros. 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colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Rogers Communications Inc.</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><div style="text-align:center"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">9</font></div></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Second Quarter 2026</font></td></tr><tr><td colspan="3" style="display:none"></td></tr></table></div></div></div><div id="i0e68e03401ad4a75a6c964253f28303d_52"></div><hr style="page-break-after:always"><div style="min-height:45pt;width:100%"><div style="text-align:justify"><font><br></font></div></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:700;line-height:120%">CAPITAL EXPENDITURES</font></div><div style="margin-top:5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:43.194%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.059%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.059%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.059%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.550%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.059%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.059%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.061%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;&#160;</font></td><td colspan="9" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Three months ended June 30</font></td><td colspan="3" style="border-right:0.5pt solid #000000;border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="9" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Six months ended June 30</font></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(In millions of dollars, except capital intensity)</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2026</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2025</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">%&#160;Chg</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;border-top:0.5pt solid 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colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Wireless</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">188</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" 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0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Media</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">43</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">26&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">65&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">119</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted 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0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">1,503</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,809&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted 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Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">%</font></td><td colspan="2" style="border-bottom:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">15.9&#160;</font></td><td style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">%</font></td><td colspan="2" style="border-bottom:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted 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Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">%</font></td><td colspan="2" style="border-bottom:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">17.7&#160;</font></td><td style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">%</font></td><td colspan="2" style="border-bottom:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(4.2</font></td><td style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;pts)</font></td></tr></table></div><div style="margin-top:3pt;padding-left:4.5pt;text-align:justify;text-indent:-4.5pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">1&#160;&#160;&#160;&#160;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Includes additions to property, plant and equipment net of proceeds on disposition and accrued government grants, but does not include expenditures for spectrum licences, additions to right-of-use assets, or assets acquired through business combinations.</font></div><div style="padding-left:4.5pt;text-align:justify;text-indent:-4.5pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">2&#160;&#160;&#160;&#160;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Capital intensity is a supplementary financial measure. 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These investments are expected to strengthen network resilience and stability and help us bridge the digital divide by expanding our network further into rural and underserved areas through participation in various programs and projects.</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">In April 2026, we updated our 2026 capital expenditure guidance range (see &#34;Financial Guidance&#34;) as a direct reflection of the ongoing impacts from heightened competitive intensity and recent regulatory decisions. Our strategic priorities remain unchanged and our current capital expenditure guidance range continues to support these priorities. We expect to achieve our guidance range through (i) ongoing investments progressing at a slower pace, (ii) the deferral and&#47;or cancellation of certain projects, and (iii) lower capital costs for projects, most predominantly affecting Wireless and Cable.</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:700;line-height:120%">Wireless </font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">In addition to the above, the decreases in capital expenditures in Wireless this quarter and year to date were due to the impact of $90 million of proceeds received on the sale of certain network assets. We continued to expand and enhance our wireless network through investments in network development and 5G deployment. We are actively deploying advanced spectrum assets, including the ongoing rollout of 3500 MHz spectrum and 3800 MHz spectrum. These investments build on our existing 5G infrastructure in the 600 MHz spectrum band, enabling greater speed, lower latency, and improved reliability for customers across urban and rural areas.</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:700;line-height:120%">Cable</font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">In addition to the above, the decreases in capital expenditures in Cable this quarter and year to date were a result of customers increasingly choosing to self-install new products. This quarter, we also sold certain cable network assets for $46 million (2025 - $47 million), the proceeds from which reduced capital expenditures. We are growing our network through expanded fibre deployments to increase our FTTH distribution and to extend our service footprint. At the same time, we are enhancing our network by upgrading our DOCSIS 3.1 platform as we transition to DOCSIS 4.0 to improve network resilience, stability, and capacity while delivering faster speeds. As part of this upgrade, we are rolling out mid-split technology (which has a greater number of frequencies than older technology and also allocates a greater number of frequencies to uploading data) in Ontario and Eastern Canada, significantly increasing upload speeds. These advancements leverage the latest technologies to provide greater bandwidth, improved performance, and an enhanced customer experience as we advance our connected home roadmap.</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:700;line-height:120%">Media </font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">The increases in capital expenditures in Media this quarter and year to date primarily reflect the continued modernization of Rogers Centre and Scotiabank Arena.</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:700;line-height:120%">Capital intensity</font></div><div style="text-align:justify"><font 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Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Rogers Communications Inc.</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><div style="text-align:center"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">10</font></div></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Second Quarter 2026</font></td></tr><tr><td colspan="3" style="display:none"></td></tr></table></div></div></div><div id="i0e68e03401ad4a75a6c964253f28303d_55"></div><hr style="page-break-after:always"><div style="min-height:45pt;width:100%"><div style="text-align:justify"><font><br></font></div></div><div><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:12pt;font-weight:700;line-height:120%">Review of Consolidated Performance</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">This section discusses our consolidated net income and other income and expenses that do not form part of the segment discussions above.</font></div><div style="margin-top:5pt;text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:43.194%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.059%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.059%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.059%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.550%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.059%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.059%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.061%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;&#160;</font></td><td colspan="9" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Three months ended June 30</font></td><td colspan="3" style="border-right:0.5pt solid #000000;border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="9" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Six months ended June 30</font></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(In millions of dollars)</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2026</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2025</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">%&#160;Chg</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2026</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2025</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">%&#160;Chg</font></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid 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Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2,442</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2,362&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">3&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">4,806</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">4,616&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">4&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Deduct (add)&#58;</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 6.25pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Depreciation and amortization</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">1,194</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,184&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2,415</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2,350&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">3&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 6.25pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Restructuring, acquisition and other</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">211</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">238&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(11)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">260</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">365&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(29)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 6.25pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Finance costs</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">565</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">628&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(10)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">1,008</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,207&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(16)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><div style="padding-left:5.25pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Gain on disposition of assets</font></div></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(30)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(30)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 6.25pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Other expense (income)</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">1,019</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(9)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">n&#47;m</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">1,015</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(7)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">n&#47;m</font></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 6.25pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Income tax expense</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">148</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">173&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(14)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">321</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">273&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">18&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-bottom:1pt solid #000;padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Net (loss) income</font></td><td colspan="2" style="border-bottom:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(665)</font></td><td style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-bottom:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">148&#160;</font></td><td style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="border-bottom:1pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">n&#47;m</font></td><td colspan="3" style="border-bottom:1pt solid #000000;padding:0 1pt"></td><td colspan="2" style="border-bottom:1pt solid #000000;border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(183)</font></td><td style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-bottom:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">428&#160;</font></td><td style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="border-bottom:1pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">n&#47;m</font></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr></table></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:700;line-height:120%">Depreciation and amortization</font></div><div style="margin-top:5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:43.194%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.059%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.059%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.059%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.550%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.059%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.059%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.061%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;&#160;</font></td><td colspan="9" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Three months ended June 30</font></td><td colspan="3" style="border-right:0.5pt solid #000000;border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="9" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Six months ended June 30</font></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(In millions of dollars)</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2026</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2025</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">%&#160;Chg</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2026</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2025</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">%&#160;Chg</font></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted 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Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">1,888</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,864&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Depreciation of right-of-use assets</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">122</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">113&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">8&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">244</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">211&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">16&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Amortization</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">141</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">138&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">283</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">275&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">3&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Total depreciation and amortization</font></td><td colspan="2" style="border-bottom:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">1,194</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-bottom:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,184&#160;</font></td><td style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-bottom:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1&#160;</font></td><td style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="border-bottom:1pt solid #000000;padding:0 1pt"></td><td colspan="2" style="border-bottom:1pt solid #000000;border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2,415</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-bottom:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2,350&#160;</font></td><td style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-bottom:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">3&#160;</font></td><td style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr></table></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:700;line-height:120%">Restructuring, acquisition and other</font></div><div style="margin-top:5pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:42.293%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.863%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.863%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.550%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.863%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.868%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="6" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Three months ended June 30</font></td><td colspan="3" style="border-right:0.5pt solid #000000;border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="6" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Six months ended June 30</font></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(In millions of dollars)</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2026</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2025</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2026</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2025</font></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000;border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><div style="padding-left:9pt;text-indent:-9pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Restructuring, acquisition and other excluding Shaw Transaction integration-related costs</font></div></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">207</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">213&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">245</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">303&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><div><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Shaw Transaction integration-related costs</font></div></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">4</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">25&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">15</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">62&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000;border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-bottom:1pt solid #000000;padding:1.5pt 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Total restructuring, acquisition and other</font></td><td colspan="2" style="border-bottom:1pt solid #000000;padding:1.5pt 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1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">260</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-bottom:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">365&#160;</font></td><td style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr></table></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">The restructuring, acquisition and other costs excluding Shaw Transaction integration-related costs in the second quarters of 2025 and 2026 primarily include severance and other departure-related costs associated with the targeted restructuring of our employee base, specifically including $120 million arising from a voluntary departure program in 2026. Year to date, we also incurred costs associated with certain litigation. 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style="width:1.0%"></td><td style="width:32.233%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:32.234%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Rogers Communications Inc.</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><div style="text-align:center"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">11</font></div></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Second Quarter 2026</font></td></tr><tr><td colspan="3" style="display:none"></td></tr></table></div></div></div><hr style="page-break-after:always"><div style="min-height:45pt;width:100%"><div style="text-align:justify"><font><br></font></div></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:700;line-height:120%">Finance costs</font></div><div style="margin-top:5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.849%"><tr><td style="width:1.0%"></td><td style="width:43.260%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.072%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.072%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.072%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.401%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.072%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.072%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.079%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;&#160;</font></td><td colspan="9" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Three months ended June 30</font></td><td colspan="3" style="border-right:0.5pt solid #000000;border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="9" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Six months ended June 30</font></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(In millions of dollars)</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2026</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2025</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">%&#160;Chg</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2026</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2025</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">%&#160;Chg</font></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><div style="padding-left:0.75pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Interest on borrowings, net </font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:5.2pt;font-weight:400;line-height:100%;position:relative;top:-2.8pt;vertical-align:baseline">1</font></div></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">502</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">488&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">3&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">984</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">999&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(2)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Interest on lease liabilities</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">41</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">36&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">14&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">80</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">72&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">11&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><div 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Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(3)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(3)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Loss (gain) on foreign exchange</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">30</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(75)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">n&#47;m</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">37</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(86)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">n&#47;m</font></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;text-indent:-0.01pt;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Change in fair value of derivative instruments</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(23)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">59&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">n&#47;m</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(35)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">72&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">n&#47;m</font></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><div style="padding-left:9pt;text-indent:-9pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Change in fair value of subsidiary equity derivative instruments </font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:5.2pt;font-weight:400;line-height:100%;position:relative;top:-2.8pt;vertical-align:baseline">2</font></div></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(16)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">93&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">n&#47;m</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(121)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">93&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">n&#47;m</font></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Capitalized interest</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(8)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(8)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(14)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(17)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(18)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Deferred transaction costs and other</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">40</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">36&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">11&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">80</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">77&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">4&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-bottom:1pt solid #000;padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Total finance costs</font></td><td colspan="2" style="border-bottom:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">565</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="border-bottom:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-bottom:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">628&#160;</font></td><td style="border-bottom:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-bottom:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(10)</font></td><td style="border-bottom:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="border-bottom:1pt solid #000;padding:0 1pt"></td><td colspan="2" style="border-bottom:1pt solid #000;border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">1,008</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="border-bottom:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-bottom:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,207&#160;</font></td><td style="border-bottom:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-bottom:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(16)</font></td><td style="border-bottom:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr></table></div><div style="margin-top:3pt;padding-left:4.5pt;text-align:justify;text-indent:-4.5pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">1&#160;&#160;&#160;&#160;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Interest on borrowings, net includes interest on short-term borrowings and on long-term debt.</font></div><div style="padding-left:4.5pt;text-align:justify;text-indent:-4.5pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">2</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:120%">&#160;&#160;&#160;&#160;Reflects the change in fair value of derivatives entered into related to the network transaction (see &#34;Financial Risk Management&#34; for more information). This amount is removed from the calculation of adjusted net income and adjusted net income attributable to RCI shareholders (see below).</font></div><div style="text-align:justify"><font><br></font></div><div><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:700;line-height:120%">Other expense</font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">The other expense this quarter and year to date primarily reflects a $1,034 million non-cash loss to recognize the change in the fair value of the MLSE put liability from $3.3 billion to $4.35 billion as at June 30, 2026 (see &#34;Update on sports and entertainment assets&#34;).</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:700;line-height:120%">Income tax expense</font></div><div style="margin-top:5pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:42.293%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.863%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.863%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.550%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.863%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.868%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 6.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;&#160;</font></td><td colspan="6" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Three months ended June 30</font></td><td colspan="3" style="border-right:0.5pt solid #000000;border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="6" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Six months ended June 30</font></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(In millions of dollars, except tax rates)</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2026</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2025</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2026</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2025</font></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Statutory income tax rate</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">26.2</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">%</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">26.2&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">%</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">26.2</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">%</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">26.2&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">%</font></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(Loss) income before income tax expense</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(517)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">321&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">138</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">701&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Computed income tax (recovery) expense</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(135)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">84&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">36</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">184&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Increase (decrease) in income tax expense resulting from&#58;</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 19pt;text-align:left;text-indent:-9pt;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Non-(taxable) deductible stock-based compensation</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(7)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(4)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(1)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 19pt;text-align:left;text-indent:-9pt;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Non-(taxable) deductible portion of equity (income) losses</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(1)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(3)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 19pt;text-align:left;text-indent:-9pt;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Non-deductible loss on revaluation of MLSE put liability</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">274</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">274</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 19pt;text-align:left;text-indent:-9pt;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Non-(taxable) deductible portion of capital (gains) losses</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(10)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">44&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(10)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">44&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 19pt;text-align:left;text-indent:-9pt;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Unrealized capital losses for which no deferred tax asset is recognized</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">19</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">45&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">19</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">45&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 19pt;text-align:left;text-indent:-9pt;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Other items</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">8</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(2)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">9</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Total income tax expense</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">148</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">173&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">321</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">273&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Effective income tax rate</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(28.6)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">%</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">53.9&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">%</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">232.6</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">%</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">38.9&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">%</font></td></tr><tr><td colspan="3" style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Cash income taxes paid</font></td><td colspan="2" style="border-bottom:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">166</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-bottom:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">126&#160;</font></td><td style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="border-bottom:1pt solid #000000;padding:0 1pt"></td><td colspan="2" style="border-bottom:1pt solid #000000;border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">366</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-bottom:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">314&#160;</font></td><td style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr></table></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Cash income taxes paid increased this quarter and year to date due to timing of installments.</font></div><div style="text-align:justify"><font><br></font></div><div style="height:45pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="margin-top:5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:32.233%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:32.233%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:32.234%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Rogers Communications Inc.</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><div style="text-align:center"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">12</font></div></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Second Quarter 2026</font></td></tr><tr><td colspan="3" style="display:none"></td></tr></table></div></div></div><hr style="page-break-after:always"><div style="min-height:45pt;width:100%"><div style="text-align:justify"><font><br></font></div></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:700;line-height:120%">Net (loss) income</font></div><div style="margin-top:5pt;text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:43.194%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.059%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.059%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.059%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.550%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.059%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.059%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.061%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;&#160;</font></td><td colspan="9" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Three months ended June 30</font></td><td colspan="3" style="border-right:0.5pt solid #000000;border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="9" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Six months ended June 30</font></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(In millions of dollars, except per share amounts)</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2026</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2025</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">%&#160;Chg</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2026</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2025</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">%&#160;Chg</font></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Net (loss) income</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(665)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">148&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">n&#47;m</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(183)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">428&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">n&#47;m</font></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Net (loss) income attributable to RCI shareholders</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(726)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">157&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">n&#47;m</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(288)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">437&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">n&#47;m</font></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 10pt;text-align:left;text-indent:-9pt;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Basic (loss) earnings per share attributable to RCI shareholders</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">($1.34)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:left;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$0.29&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:left;vertical-align:bottom"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">n&#47;m</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">($0.53)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:left;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$0.81&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:left;vertical-align:bottom"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">n&#47;m</font></td></tr><tr><td colspan="3" style="border-bottom:1pt solid #000;padding:1.5pt 1pt 1.5pt 10pt;text-align:left;text-indent:-9pt;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Diluted (loss) earnings per share attributable to RCI shareholders</font></td><td colspan="2" style="border-bottom:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">($1.37)</font></td><td style="border-bottom:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:left;vertical-align:bottom"></td><td colspan="2" style="border-bottom:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$0.29&#160;</font></td><td style="border-bottom:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:left;vertical-align:bottom"></td><td colspan="3" style="border-bottom:1pt solid #000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">n&#47;m</font></td><td colspan="3" style="border-bottom:1pt solid #000;padding:0 1pt"></td><td colspan="2" style="border-bottom:1pt solid #000;border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">($0.55)</font></td><td style="border-bottom:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:left;vertical-align:bottom"></td><td colspan="2" style="border-bottom:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$0.79&#160;</font></td><td style="border-bottom:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:left;vertical-align:bottom"></td><td colspan="3" style="border-bottom:1pt solid #000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">n&#47;m</font></td></tr></table></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:700;line-height:120%">Adjusted net income</font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">We calculate adjusted net income from adjusted EBITDA as follows&#58;</font></div><div style="margin-top:5pt;text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:43.194%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.059%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.059%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.059%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.550%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.059%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.059%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.061%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;&#160;</font></td><td colspan="9" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Three months ended June 30</font></td><td colspan="3" style="border-right:0.5pt solid #000000;border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="9" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Six months ended June 30</font></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(In millions of dollars, except per share amounts)</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2026</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2025</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">%&#160;Chg</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2026</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2025</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">%&#160;Chg</font></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Adjusted EBITDA</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2,442</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2,362&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">3&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">4,806</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">4,616&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">4&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Deduct (add)&#58;</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><div style="padding-left:5.25pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Depreciation and amortization </font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:5.2pt;font-weight:400;line-height:100%;position:relative;top:-2.8pt;vertical-align:baseline">1</font></div></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">1,022</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">972&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">5&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2,062</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,909&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">8&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><div style="padding-left:5.25pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Finance costs </font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:5.2pt;font-weight:400;line-height:100%;position:relative;top:-2.8pt;vertical-align:baseline">2</font></div></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">581</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">535&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">9&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">1,129</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,114&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><div style="padding-left:5.25pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Other income </font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:5.2pt;font-weight:400;line-height:100%;position:relative;top:-2.8pt;vertical-align:baseline">3</font></div></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(15)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(9)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">67&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(19)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(7)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">171&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><div style="padding-left:5.25pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Income tax expense </font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:5.2pt;font-weight:400;line-height:100%;position:relative;top:-2.8pt;vertical-align:baseline">4</font></div></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">221</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">232&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(5)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">451</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">425&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">6&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><div style="padding-left:0.75pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Adjusted net income</font></div></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">633</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">632&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">1,183</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,175&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><div style="padding-left:0.75pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Adjusted net income attributable to RCI shareholders</font></div></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font 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0;text-align:right;vertical-align:bottom"></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><div style="padding-left:4.5pt;text-indent:-4.5pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Adjusted earnings per share attributable to RCI 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Next',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">3</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:120%">&#160;&#160;&#160;&#160;Other income excludes a $1,034 million non-cash loss on revaluation of the MLSE put liability (see &#34;Update on sports and entertainment assets&#34; for more information).</font></div><div style="padding-left:4.5pt;text-align:justify;text-indent:-4.5pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">4</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:120%">&#160;&#160;&#160;&#160;Income tax expense excludes recoveries of $73 million and $130 million (2025 - recoveries of $59 million and $152 million), respectively, for the three and six months ended 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style="text-align:center"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">13</font></div></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Second Quarter 2026</font></td></tr><tr><td colspan="3" style="display:none"></td></tr></table></div></div></div><div id="i0e68e03401ad4a75a6c964253f28303d_58"></div><hr style="page-break-after:always"><div style="min-height:45pt;width:100%"><div style="text-align:justify"><font><br></font></div></div><div><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:12pt;font-weight:700;line-height:120%">Managing our Liquidity and Financial Resources</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:700;line-height:120%">Operating, investing, and financing activities</font></div><div style="margin-top:5pt;text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:42.293%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.863%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.863%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.550%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.863%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.868%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;&#160;</font></td><td colspan="6" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Three months ended June 30</font></td><td colspan="3" style="border-right:0.5pt solid #000000;border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="6" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Six months ended June 30</font></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(In millions of dollars)</font></td><td colspan="3" style="border-top:0.5pt solid 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Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2025</font></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt 1.5pt 10pt;text-align:left;text-indent:-9pt;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Cash provided by operating activities before changes in net operating assets and liabilities, income taxes paid, and interest paid</font></td><td colspan="2" style="border-top:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2,299</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="border-top:0.5pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-top:0.5pt 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1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">4,307&#160;</font></td><td style="border-top:0.5pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 6.25pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Change in net operating assets and liabilities</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(160)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(28)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(319)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(111)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 6.25pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Income taxes paid</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(166)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(126)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(366)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(314)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 6.25pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Interest paid, net</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(456)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(395)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(1,008)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(990)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Cash provided by operating activities</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">1,517</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,596&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">3,012</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2,892&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Investing activities&#58;</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 6.25pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Capital expenditures</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(695)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(831)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(1,503)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(1,809)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><div style="padding-left:5.25pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Additions to program rights and other intangible assets</font></div></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(43)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(24)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(141)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(48)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><div style="padding-left:14.25pt;text-indent:-9pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Changes in non-cash working capital related to investing activities</font></div></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(83)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(68)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(195)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(56)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 15.25pt;text-align:left;text-indent:-9pt;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Acquisitions and other strategic transactions, net of cash acquired</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">&#8212;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(85)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 6.25pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Other</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(6)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">7&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(9)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">8&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Cash used in investing activities</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(827)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(916)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(1,933)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(1,905)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Financing activities&#58;</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 15.25pt;text-align:left;text-indent:-9pt;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Net proceeds received from (repayment of) short-term borrowings</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">161</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(483)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(1,791)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(1,336)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 15.25pt;text-align:left;text-indent:-9pt;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Net issuance (repayment) of long-term debt</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">&#8212;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(2,178)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2,169</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">424&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 15.25pt;text-align:left;text-indent:-9pt;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Net proceeds (payments) on settlement of debt derivatives and subsidiary equity derivatives</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">20</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(6)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">26</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">77&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 6.25pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Transaction costs incurred</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(2)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(61)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(29)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(99)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 6.25pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Principal payments of lease liabilities </font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(141)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(134)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(297)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(267)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><div style="padding-left:5.25pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Dividends paid to RCI shareholders</font></div></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(270)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(188)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(540)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(373)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 15.25pt;text-align:left;text-indent:-9pt;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Distributions paid by subsidiaries to non-controlling interests</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(117)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(233)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 6.25pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Issuance of subsidiary shares to non-controlling interest</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">&#8212;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">6,656&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">&#8212;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">6,656&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 6.25pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Other</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(1)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(3)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(2)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(4)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Cash (used in) provided by financing activities</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(350)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">3,603&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(697)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">5,078&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><div style="padding-left:9pt;text-indent:-9pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Change in cash and cash equivalents</font></div></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">340</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">4,283&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">382</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">6,065&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 10.07pt;text-align:left;text-indent:-9.07pt;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Cash and cash equivalents, beginning of period</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">1,386</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2,680&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">1,344</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">898&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-bottom:1pt solid #000;padding:1.5pt 1pt 1.5pt 10pt;text-align:left;text-indent:-9pt;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Cash and cash equivalents, end of period</font></td><td colspan="2" style="border-bottom:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">1,726</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-bottom:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">6,963&#160;</font></td><td style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="border-bottom:1pt solid #000000;padding:0 1pt"></td><td colspan="2" style="border-bottom:1pt solid #000000;border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">1,726</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-bottom:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">6,963&#160;</font></td><td style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr></table></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:700;line-height:120%">Operating activities</font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">This quarter and year to date, cash provided by operating activities decreased primarily as a result of a higher net investment in net operating assets and liabilities partially offset by higher adjusted EBITDA.</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:700;line-height:120%">Investing activities</font></div><div><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%;text-decoration:underline">Capital expenditures</font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">During the quarter and year to date, we incurred $695 million and $1,503 million (2025 - $831 million and $1,809 million) on capital expenditures before changes in non-cash working capital items. See &#34;Capital Expenditures&#34; for more information.</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:700;line-height:120%">Financing activities</font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">During the quarter and year to date, we received net amounts of $179 million and $375 million (2025 - paid net amounts of $2,728 million and $934 million) on our short-term borrowings, long-term debt, and related derivatives, including </font></div><div style="height:45pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="margin-top:5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:32.233%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:32.233%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:32.234%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Rogers Communications Inc.</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><div style="text-align:center"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">14</font></div></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Second Quarter 2026</font></td></tr><tr><td colspan="3" style="display:none"></td></tr></table></div></div></div><hr style="page-break-after:always"><div style="min-height:45pt;width:100%"><div style="text-align:justify"><font><br></font></div></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">transaction costs. See &#34;Financial Risk Management&#34; for more information on the cash flows relating to our derivative instruments.</font></div><div style="text-align:justify"><font><br></font></div><div><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%;text-decoration:underline">Short-term borrowings</font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Our short-term borrowings consist of amounts outstanding under our receivables securitization program, our US dollar-denominated commercial paper (US CP) program, and our non-revolving credit facilities. Below is a summary of our short-term borrowings as at June&#160;30, 2026 and December 31, 2025.</font></div><div style="margin-top:5pt;text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.849%"><tr><td style="width:1.0%"></td><td style="width:70.930%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.884%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.886%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">As at<br>June 30</font></td><td colspan="3" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">As at<br>December&#160;31</font></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(In millions of dollars)</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2026</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2025</font></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 10.75pt;text-align:left;text-indent:-9pt;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Receivables securitization program</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">1,600</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2,000&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 10.75pt;text-align:left;text-indent:-9pt;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">US commercial paper program (net of the discount on issuance)</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">637</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 10.75pt;text-align:left;text-indent:-9pt;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Non-revolving credit facility borrowings (net of the discount on issuance)</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">&#8212;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2,000&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-bottom:1pt solid #000000;padding:1.5pt 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Total short-term borrowings</font></td><td colspan="2" style="border-bottom:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2,237</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-bottom:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">4,000&#160;</font></td><td style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr></table></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">The tables below summarize the activity relating to our short-term borrowings for the three and six months ended June&#160;30, 2026 and 2025.</font></div><div style="margin-top:5pt;text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:44.095%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.909%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.909%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.909%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.550%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.909%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.909%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.910%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="6" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Three months ended June 30, 2026</font></td><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="6" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Six months ended <br>June 30, 2026</font></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Notional</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Exchange</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Notional</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Notional</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Exchange</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Notional</font></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(In millions of dollars, except exchange rates)</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(US$)</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">rate</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(Cdn$)</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(US$)</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">rate</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(Cdn$)</font></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 10.75pt;text-align:left;text-indent:-9pt;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Proceeds received from receivables securitization</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">250</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">650</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Repayment of receivables securitization</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(250)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(1,050)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt 1.5pt 10.75pt;text-align:left;text-indent:-9pt;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Net repayment of receivables securitization</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">&#8212;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="border-top:0.5pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(400)</font></td><td style="border-top:0.5pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Proceeds received from US commercial paper</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">1,235</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">1.379</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">1,703</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2,089</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">1.377</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2,876</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Repayment of US commercial paper</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(1,116)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">1.382</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(1,542)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(1,647)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">1.376</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(2,267)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt 1.5pt 10.75pt;text-align:left;text-indent:-9pt;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Net proceeds received from US commercial paper</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">161</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="border-top:0.5pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">609</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="border-top:0.5pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 10.75pt;text-align:left;text-indent:-9pt;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Repayment of non-revolving credit facilities (Cdn$)</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">&#8212;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(2,000)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:1.5pt 1pt 1.5pt 10.75pt;text-align:left;text-indent:-9pt;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Total repayment of non-revolving credit facilities</font></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">&#8212;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="border-top:0.5pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(2,000)</font></td><td style="border-top:0.5pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 10.75pt;text-align:left;text-indent:-9pt;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Net proceeds received from (repayment of) short-term borrowings</font></td><td colspan="3" style="border-bottom:1pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-bottom:1pt solid #000000;padding:0 1pt"></td><td colspan="2" style="border-bottom:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">161</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="border-bottom:1pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-bottom:1pt solid #000000;border-left:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-bottom:1pt solid #000000;padding:0 1pt"></td><td colspan="2" style="border-bottom:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(1,791)</font></td><td style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr></table></div><div style="text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:44.095%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.909%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.909%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.909%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.550%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.909%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.909%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.910%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="6" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Three months ended <br>June 30, 2025</font></td><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="6" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Six months ended <br>June 30, 2025</font></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Notional</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Exchange</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Notional</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Notional</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Exchange</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Notional</font></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(In millions of dollars, except exchange rates)</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(US$)</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">rate</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(Cdn$)</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(US$)</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">rate</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(Cdn$)</font></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Repayment of receivables securitization</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(400)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt 1.5pt 10.75pt;text-align:left;text-indent:-9pt;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Net repayment of receivables securitization</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="border-top:0.5pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(400)</font></td><td style="border-top:0.5pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Proceeds received from US commercial paper</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">299&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1.435&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">429&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Repayment of US commercial paper</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(616)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1.430&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(881)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt 1.5pt 10.75pt;text-align:left;text-indent:-9pt;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Net repayment of US commercial paper</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="border-top:0.5pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(452)</font></td><td style="border-top:0.5pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:9.75pt;text-indent:-9pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Proceeds received from non-revolving credit facilities (US$) </font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:5.2pt;font-weight:400;line-height:100%;position:relative;top:-2.8pt;vertical-align:baseline">1</font></div></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,045&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1.433&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,497&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:9.75pt;text-indent:-9pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Repayment of non-revolving credit facilities (US$) </font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:5.2pt;font-weight:400;line-height:100%;position:relative;top:-2.8pt;vertical-align:baseline">1</font></div></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(349)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1.384&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(483)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(1,397)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1.418&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(1,981)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Net repayment of non-revolving credit facilities</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(483)</font></td><td style="border-top:0.5pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(484)</font></td><td style="border-top:0.5pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 10.75pt;text-align:left;text-indent:-9pt;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Net repayment of short-term borrowings</font></td><td colspan="3" style="border-bottom:1pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-bottom:1pt solid #000000;padding:0 1pt"></td><td colspan="2" style="border-bottom:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(483)</font></td><td style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="border-bottom:1pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-bottom:1pt solid #000000;border-left:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-bottom:1pt solid #000000;padding:0 1pt"></td><td colspan="2" style="border-bottom:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(1,336)</font></td><td style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr></table></div><div style="margin-top:3pt;padding-left:4.5pt;text-align:justify;text-indent:-4.5pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">1</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:120%">&#160;&#160;&#160;&#160;Borrowings under our non-revolving facility matured and were reissued regularly, such that until repaid, we maintained net outstanding borrowings equivalent to the then-current credit limit on the reissue dates.</font></div><div style="text-align:justify"><font><br></font></div><div style="height:45pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="margin-top:5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:32.233%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:32.233%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:32.234%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Rogers Communications Inc.</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><div style="text-align:center"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">15</font></div></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Second Quarter 2026</font></td></tr><tr><td colspan="3" style="display:none"></td></tr></table></div></div></div><hr style="page-break-after:always"><div style="min-height:45pt;width:100%"><div style="text-align:justify"><font><br></font></div></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Concurrent with our US CP issuances and US dollar-denominated non-revolving credit facility borrowings (in 2025), we entered into debt derivatives to hedge the foreign currency risk associated with the principal and interest components of the borrowings. See &#34;Financial Risk Management&#34; for more information.</font></div><div style="text-align:justify"><font><br></font></div><div><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%;text-decoration:underline">Long-term debt</font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Our long-term debt consists of amounts outstanding under our bank and letter of credit facilities and the senior notes, debentures, and subordinated notes we have issued. The tables below summarize the activity relating to our long-term debt for the three and six months ended June&#160;30, 2026 and 2025.</font></div><div style="margin-top:5pt;text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.699%"><tr><td style="width:1.0%"></td><td style="width:43.628%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.086%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.086%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.785%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.553%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.086%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.086%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.790%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="6" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Three months ended<br>&#160;June 30, 2026</font></td><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="6" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Six months ended <br>June 30, 2026</font></td></tr><tr style="height:12pt"><td colspan="3" rowspan="2" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(In millions of dollars, except exchange rates)</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Notional</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Exchange</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Notional</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Notional</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Exchange</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Notional</font></td></tr><tr style="height:12pt"><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(US$)</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">rate</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(Cdn$)</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(US$)</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">rate</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(Cdn$)</font></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Credit facility borrowings (Cdn$)</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">50</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">50</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Credit facility repayments (Cdn$)</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(50)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(165)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Net repayments under credit facilities</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">&#8212;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(115)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Subordinated note issuances (Cdn$)</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">&#8212;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">1,250</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Subordinated note issuances (US$)</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">&#8212;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">&#8212;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">&#8212;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">750</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">1.379</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">1,034</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Total issuances of subordinated notes</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">&#8212;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="border-top:0.5pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2,284</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="border-top:0.5pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Net issuance of long-term debt</font></td><td colspan="3" style="border-bottom:1pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-bottom:1pt solid #000000;padding:0 1pt"></td><td colspan="2" style="border-bottom:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">&#8212;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="border-bottom:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="border-bottom:1pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-bottom:1pt solid #000000;border-left:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-bottom:1pt solid #000000;padding:0 1pt"></td><td colspan="2" style="border-bottom:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2,169</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="border-bottom:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr></table></div><div style="margin-top:5pt;padding-left:2.25pt;padding-right:2.25pt;text-align:center;text-indent:-4.5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.699%"><tr><td style="width:1.0%"></td><td style="width:43.628%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.086%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.086%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.785%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.553%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.086%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.086%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.790%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="6" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Three months ended <br>June 30, 2025</font></td><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="6" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Six months ended <br>June 30, 2025</font></td></tr><tr style="height:12pt"><td colspan="3" rowspan="2" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(In millions of dollars, except exchange rates)</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Notional</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Exchange</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Notional</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Notional</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Exchange</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Notional</font></td></tr><tr style="height:12pt"><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(US$)</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">rate</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(Cdn$)</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(US$)</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">rate</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(Cdn$)</font></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Credit facility borrowings (Cdn$)</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">34&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">62&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Total credit facility borrowings</font></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">34&#160;</font></td><td style="border-top:0.5pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">62&#160;</font></td><td style="border-top:0.5pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Term loan facility net borrowings (US$) </font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:5.2pt;font-weight:400;line-height:100%;position:relative;top:-2.8pt;vertical-align:baseline">1</font></div></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">n&#47;m</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">6&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Term loan facility net repayments (US$) </font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:5.2pt;font-weight:400;line-height:100%;position:relative;top:-2.8pt;vertical-align:baseline">1</font></div></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(697)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1.380&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(962)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(697)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1.380&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(962)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Net repayments under term loan facility</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(962)</font></td><td style="border-top:0.5pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(956)</font></td><td style="border-top:0.5pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Senior note repayments (Cdn$)</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(1,250)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(1,250)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Senior note repayments (US$)</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(1,000)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1.439&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(1,439)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Total senior notes repayments</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(1,250)</font></td><td style="border-top:0.5pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(2,689)</font></td><td style="border-top:0.5pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Net repayment of senior notes</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(1,250)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(2,689)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Subordinated note issuances (Cdn$)</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,000&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Subordinated note issuances (US$)</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2,100&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1.432&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">3,007&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Total issuances of subordinated notes</font></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="border-top:0.5pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000;border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">4,007&#160;</font></td><td style="border-top:0.5pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Net (repayment) issuance of long-term debt</font></td><td colspan="3" style="border-bottom:1pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-bottom:1pt solid #000000;padding:0 1pt"></td><td colspan="2" style="border-bottom:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(2,178)</font></td><td style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="border-bottom:1pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-bottom:1pt solid #000000;border-left:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-bottom:1pt solid #000000;padding:0 1pt"></td><td colspan="2" style="border-bottom:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">424&#160;</font></td><td style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr></table></div><div style="margin-top:3pt;padding-left:4.5pt;text-align:justify;text-indent:-4.5pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">1&#160;&#160;&#160;&#160;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Borrowings under our term loan facility matured and were reissued regularly, such that until repaid, we maintained net outstanding borrowings equivalent to the then-current credit limit on the reissue dates.</font></div><div style="text-align:justify"><font><br></font></div><div style="height:45pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="margin-top:5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:32.233%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:32.233%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:32.234%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Rogers Communications Inc.</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><div style="text-align:center"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">16</font></div></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Second Quarter 2026</font></td></tr><tr><td colspan="3" style="display:none"></td></tr></table></div></div></div><hr style="page-break-after:always"><div style="min-height:45pt;width:100%"><div style="text-align:justify"><font><br></font></div></div><div style="text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:43.194%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.863%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.863%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.550%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.413%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.417%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="6" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Three months ended June 30</font></td><td colspan="3" style="border-right:0.5pt solid #000000;border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="6" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Six months ended June 30</font></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(In millions of dollars)</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2026</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2025</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2026</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2025</font></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 10pt;text-align:left;text-indent:-9pt;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Long-term debt, beginning of period</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">39,547</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">44,452&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">37,058</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">41,896&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 10pt;text-align:left;text-indent:-9pt;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Net issuance (repayment) of long-term debt</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">&#8212;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(2,178)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2,169</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">424&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 10pt;text-align:left;text-indent:-9pt;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Decrease (increase) in government grant liability related to Canada Infrastructure Bank facility</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">1</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(21)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">1</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(38)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 10pt;text-align:left;text-indent:-9pt;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Loss (gain) on foreign exchange</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">466</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(1,384)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">781</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(1,398)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 10pt;text-align:left;text-indent:-9pt;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Deferred transaction costs derecognized (incurred)</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(49)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(24)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(100)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 10pt;text-align:left;text-indent:-9pt;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Amortization of deferred transaction costs</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">30</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">32&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">61</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">68&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-bottom:1pt solid #000000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:0.75pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Long-term debt, end of period</font></div></td><td colspan="2" style="border-bottom:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">40,046</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-bottom:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">40,852&#160;</font></td><td style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="border-bottom:1pt solid #000000;padding:0 1pt"></td><td colspan="2" style="border-bottom:1pt solid #000000;border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">40,046</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-bottom:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">40,852&#160;</font></td><td style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr></table></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">In June 2025, we repaid the $1 billion outstanding under the April 2026 tranche of our $6 billion term loan and terminated the facility.</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">In 2025, in connection with the network transaction, we paid an aggregate of approximately $30 million to the consenting holders of our outstanding senior notes for their consent to certain clarifying amendments to the indentures governing those securities concurrently with the closing of the network transaction plus approximately $18 million of other directly attributable transaction costs. These costs are being amortized into finance costs over the remaining terms of the underlying notes using the effective interest method.</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">In July 2026, we amended the terms of our $4 billion revolving credit facility to, among other things, extend the maturity date of the $3 billion tranche to July 2031, from September 2030, and the $1 billion tranche to July 2029, from September 2028.</font></div><div><font><br></font></div><div><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%;text-decoration:underline">Issuance of subordinated notes and related debt derivatives</font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Below is a summary of the subordinated notes we issued during the six months ended June&#160;30, 2026 and 2025.</font></div><div style="margin-top:5pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:27.878%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:2.053%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.960%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.960%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:14.065%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.860%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.710%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.714%"></td><td style="width:0.1%"></td></tr><tr style="height:12pt"><td colspan="12" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(In millions of dollars, except interest rates and discounts)</font></td><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="3" rowspan="2" style="border-top:1pt solid #000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Issue price per $1,000 principal amount</font></div></td><td colspan="3" rowspan="2" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Total gross</font></div><div style="text-align:right"><font><br></font></div><div style="text-align:right"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">proceeds </font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:5.2pt;font-weight:400;line-height:100%;position:relative;top:-2.8pt;vertical-align:baseline">1</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> (Cdn$)</font></div></td><td colspan="3" rowspan="2" style="border-top:1pt solid #000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Transaction costs and</font></div><div style="text-align:right"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">discounts </font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:5.2pt;font-weight:400;line-height:100%;position:relative;top:-2.8pt;vertical-align:baseline">2 </font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(Cdn$)</font></div></td></tr><tr style="height:24pt"><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Date issued</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Principal amount</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Due date</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Interest rate</font></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:100%">2026 issuances</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:6pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">March 27, 2026 (subordinated) </font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:5.2pt;font-weight:400;line-height:100%;position:relative;top:-2.8pt;vertical-align:baseline">3</font></div></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">US</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">750&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2056</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">6.875&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">%</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,000.00&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,034&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">13&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:6pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">March 27, 2026 (subordinated) </font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:5.2pt;font-weight:400;line-height:100%;position:relative;top:-2.8pt;vertical-align:baseline">3</font></div></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,250&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2056</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">6.250&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">%</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,000.00&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,250&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">13&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr style="height:12pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:100%">2025 issuances</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:6pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">February 12, 2025 (subordinated) </font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:5.2pt;font-weight:400;line-height:100%;position:relative;top:-2.8pt;vertical-align:baseline">3</font></div></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">US</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,100&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2055</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">7.000&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">%</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,000.00&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,575&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">21&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:6pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">February 12, 2025 (subordinated) </font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:5.2pt;font-weight:400;line-height:100%;position:relative;top:-2.8pt;vertical-align:baseline">3</font></div></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">US</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,000&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2055</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">7.125&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">%</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,000.00&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,432&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">19&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="border-bottom:1pt solid #000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:6pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">February 12, 2025 (subordinated) </font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:5.2pt;font-weight:400;line-height:100%;position:relative;top:-2.8pt;vertical-align:baseline">3</font></div></td><td colspan="3" style="border-bottom:1pt solid #000;padding:0 1pt"></td><td colspan="2" style="border-bottom:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,000&#160;</font></td><td style="border-bottom:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="border-bottom:1pt solid #000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2055</font></td><td colspan="2" style="border-bottom:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">5.625&#160;</font></td><td style="border-bottom:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">%</font></td><td colspan="2" style="border-bottom:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">999.83&#160;</font></td><td style="border-bottom:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-bottom:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,000&#160;</font></td><td style="border-bottom:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-bottom:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">11&#160;</font></td><td style="border-bottom:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr></table></div><div style="margin-top:3pt;padding-left:4.5pt;text-align:justify;text-indent:-4.5pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">1</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:120%">&#160;&#160;&#160;&#160;Gross proceeds before transaction costs, discounts, and premiums.</font></div><div style="padding-left:4.5pt;text-align:justify;text-indent:-4.5pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">2</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:120%">&#160;&#160;&#160;&#160;Transaction costs, discounts, and premiums are included as deferred transaction costs and discounts in the carrying value of the long-term debt, and recognized in net income using the effective interest method.</font></div><div style="padding-left:4.5pt;text-align:justify;text-indent:-4.5pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">3</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:120%">&#160;&#160;&#160;&#160;Deferred transaction costs and discounts (if any) in the carrying value of the subordinated notes are recognized in net income using the effective interest method. The subordinated notes due 2056 can be redeemed at par on July 31, 2031, or on any subsequent interest payment date. The three issuances of subordinated notes due 2055 can be redeemed at par on February 15, 2030, February 15, 2035, and February 15, 2030, respectively, or on any subsequent interest payment date.</font></div><div style="text-align:justify"><font><br></font></div><div><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:120%">2026</font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">In March 2026, we issued two tranches of subordinated notes, consisting of&#58; </font></div><div style="padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:13.5pt">US$750 million due 2056 with an initial coupon of 6.875% for the first five years&#59; and</font></div><div style="padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:13.5pt">$1.25 billion due 2056 with an initial coupon of 6.250% for the first five years.</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Concurrent with the US dollar-denominated issuances, we entered into debt derivatives to convert all interest and principal payment obligations to Canadian dollars. We received net proceeds of $2.3 billion from the issuance, and we used the proceeds to repay debt.</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">The US$750 million and the Cdn$1.25 billion notes can be redeemed at par on their five-year anniversary or on any subsequent interest payment date. The subordinated notes are unsecured and subordinated obligations of RCI. Payment on these notes will, under certain circumstances, be subordinated to the prior payment in full of all of our senior indebtedness, including our senior notes, debentures, and bank credit facilities. </font></div><div style="text-align:justify"><font><br></font></div><div style="height:45pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="margin-top:5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:32.233%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:32.233%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:32.234%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Rogers Communications Inc.</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><div style="text-align:center"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">17</font></div></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Second Quarter 2026</font></td></tr><tr><td colspan="3" style="display:none"></td></tr></table></div></div></div><hr style="page-break-after:always"><div style="min-height:45pt;width:100%"><div style="text-align:justify"><font><br></font></div></div><div><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:120%">2025</font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">In February 2025, we issued three tranches of subordinated notes, consisting of&#58;</font></div><div style="padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:13.5pt">US$1.1 billion due 2055 with an initial coupon of 7.00% for the first five years&#59;</font></div><div style="padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:13.5pt">US$1 billion due 2055 with an initial coupon of 7.125% for the first ten years&#59; and</font></div><div style="padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:13.5pt">$1 billion due 2055 with an initial coupon of 5.625% for the first five years.</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Concurrent with these US dollar-denominated issuances, we entered into debt derivatives to convert all interest and principal payment obligations to Canadian dollars. We received net proceeds of $4.0 billion from the issuances. </font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">The US$1.1 billion and the Cdn$1 billion notes can be redeemed at par on their five-year anniversary or on any subsequent interest payment date. The US$1 billion notes can be redeemed at par on their ten-year anniversary or on any subsequent interest payment date. The subordinated notes are unsecured and subordinated obligations of RCI. Payment on these notes will, under certain circumstances, be subordinated to the prior payment in full of all of our senior indebtedness, including our senior notes, debentures, and bank credit facilities. </font></div><div style="text-align:justify"><font><br></font></div><div><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%;text-decoration:underline">Repayment of senior notes and related derivative settlements</font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">In March 2025, we repaid the entire outstanding principal of our US$1&#160;billion 2.95% senior notes and settled the associated debt derivatives at maturity. As a result, we repaid $1,344 million, including $95 million received on settlement of the associated debt derivatives.</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">In April 2025, we repaid the entire outstanding principal of our $1.25 billion 3.10% senior notes at maturity. There were no derivatives associated with these senior notes.</font></div><div style="text-align:justify"><font><br></font></div><div><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:700;line-height:120%">Consent solicitation</font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">In 2025, in connection with the network transaction, we received the requisite consent from the holders of our outstanding senior notes for certain proposed clarifying amendments to the indentures governing those securities, and paid an aggregate of approximately $30 million to the consenting holders for their consents concurrently with the closing of the network transaction plus approximately $18 million of other directly attributable transaction costs. These costs are being amortized into finance costs over the remaining terms of the underlying notes using the effective interest method.</font></div><div style="text-align:justify"><font><br></font></div><div><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%;text-decoration:underline">Dividends</font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Below is a summary of the dividends declared and paid on RCI's outstanding Class A Voting common shares (Class A Shares) and Class B Non-Voting common shares (Class B Non-Voting Shares) in 2026 and 2025. On July&#160;21, 2026, the Board declared a quarterly dividend of $0.50 per Class A Share and Class B Non-Voting Share, to be paid on October 2, 2026, to shareholders of record on September 8, 2026.</font></div><div style="margin-top:5pt;text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.699%"><tr><td style="width:1.0%"></td><td style="width:13.809%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:14.110%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.002%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.098%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.291%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.291%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.291%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.308%"></td><td style="width:0.1%"></td></tr><tr style="height:14pt"><td colspan="3" style="border-top:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #000;padding:0 1pt"></td><td colspan="9" style="border-top:1pt solid #000;padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Dividends paid (in millions of dollars)</font></td><td colspan="3" rowspan="2" style="border-top:1pt solid #000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Number of</font></div><div style="text-align:right"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Class B</font></div><div style="text-align:right"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Non-Voting</font></div><div style="text-align:right"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Shares issued</font></div><div style="text-align:right"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(in thousands) </font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:5.2pt;font-weight:700;line-height:100%;position:relative;top:-2.8pt;vertical-align:baseline">1</font></div></td></tr><tr style="height:29pt"><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Declaration date</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Record date</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Payment date</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Dividend per</font></div><div style="text-align:right"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">share&#160;(dollars)</font></div></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">In cash</font></div></td><td colspan="3" style="border-top:0.5pt solid #000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">In Class B</font></div><div style="text-align:right"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Non-Voting</font></div><div style="text-align:right"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Shares</font></div></td><td colspan="3" style="border-top:0.5pt solid #000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><font 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colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">270</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:middle"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">April 21, 2026</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">June 9, 2026</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">July 6, 2026</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">0.50&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">270&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">270</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:middle"></td></tr><tr style="height:12pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">January 29, 2025</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">March 10, 2025</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">April 2, 2025</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">0.50&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">188&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">81&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">269</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2,181&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:middle"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">April 22, 2025</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">June 9, 2025</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">July 3, 2025</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">0.50&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">270</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">270</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:middle"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">July 22, 2025</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">September 8, 2025</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">October 3, 2025</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">0.50&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">270</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">270</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:middle"></td></tr><tr><td colspan="3" style="border-bottom:1pt solid #000;padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">October 22, 2025</font></td><td colspan="3" style="border-bottom:1pt solid #000;padding:1.5pt 1pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">December 8, 2025</font></td><td colspan="3" style="border-bottom:1pt solid #000;padding:1.5pt 1pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">January 2, 2026</font></td><td colspan="2" style="border-bottom:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">0.50&#160;</font></td><td style="border-bottom:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="border-bottom:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">270&#160;</font></td><td style="border-bottom:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="border-bottom:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="border-bottom:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="border-bottom:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">270</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="border-bottom:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="border-bottom:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="border-bottom:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:middle"></td></tr></table></div><div style="margin-top:3pt;padding-left:4.5pt;text-align:justify;text-indent:-4.5pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">1</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:120%">&#160;&#160;&#160;&#160;Class B Non-Voting Shares were issued as partial settlement of our quarterly dividend payable on the payment date under the terms of our dividend reinvestment plan.</font></div><div style="text-align:justify"><font><br></font></div><div style="height:45pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="margin-top:5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:32.233%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:32.233%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:32.234%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Rogers Communications Inc.</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><div style="text-align:center"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">18</font></div></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Second Quarter 2026</font></td></tr><tr><td colspan="3" style="display:none"></td></tr></table></div></div></div><hr style="page-break-after:always"><div style="min-height:45pt;width:100%"><div style="text-align:justify"><font><br></font></div></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:700;line-height:120%">Free cash flow</font></div><div style="margin-top:5pt;text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:43.194%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.059%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.059%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.059%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.550%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.059%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.059%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.061%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;&#160;</font></td><td colspan="9" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Three months ended June 30</font></td><td colspan="3" style="border-right:0.5pt solid #000000;border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="9" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Six months ended June 30</font></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(In millions of dollars)</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2026</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2025</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">%&#160;Chg</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2026</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2025</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">%&#160;Chg</font></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Adjusted EBITDA</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2,442</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2,362&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">3&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">4,806</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">4,616&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">4&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Deduct (add)&#58;</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><div style="padding-left:5.25pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Capital expenditures </font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:5.2pt;font-weight:400;line-height:100%;position:relative;top:-2.8pt;vertical-align:baseline">1</font></div></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">695</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">831&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(16)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">1,503</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,809&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(17)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 6.25pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Interest on borrowings, net and capitalized interest</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">494</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">480&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">3&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">970</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">982&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(1)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><div style="padding-left:5.25pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Cash income taxes </font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:5.2pt;font-weight:400;line-height:100%;position:relative;top:-2.8pt;vertical-align:baseline">2</font></div></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">166</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">126&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">32&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">366</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">314&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">17&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 15.25pt;text-align:left;text-indent:-9pt;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Distributions paid by subsidiaries to non-controlling interests</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">117</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">n&#47;m</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">233</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">n&#47;m</font></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><div style="padding-left:14.25pt;text-indent:-9pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Net cash proceeds on subsidiary equity derivatives </font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:5.2pt;font-weight:400;line-height:100%;position:relative;top:-2.8pt;vertical-align:baseline">3</font></div></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(12)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">n&#47;m</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(24)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">n&#47;m</font></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000;border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-bottom:1pt solid #000;padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Free cash flow</font></td><td colspan="2" style="border-bottom:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">982</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="border-bottom:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-bottom:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">925&#160;</font></td><td style="border-bottom:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-bottom:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">6&#160;</font></td><td style="border-bottom:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="border-bottom:1pt solid #000;padding:0 1pt"></td><td colspan="2" style="border-bottom:1pt solid #000;border-left:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">1,758</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="border-bottom:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-bottom:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,511&#160;</font></td><td style="border-bottom:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-bottom:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">16&#160;</font></td><td style="border-bottom:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr></table></div><div style="margin-top:3pt;padding-left:4.5pt;text-align:justify;text-indent:-4.5pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">1&#160;&#160;&#160;&#160;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Includes additions to property, plant and equipment net of proceeds on disposition and accrued government grants, but does not include expenditures for spectrum licences, additions to right-of-use assets, or assets acquired through business combinations.</font></div><div style="padding-left:4.5pt;text-align:justify;text-indent:-4.5pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">2&#160;&#160;&#160;&#160;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Cash income taxes are net of refunds received.</font></div><div style="padding-left:4.5pt;text-align:justify;text-indent:-4.5pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">3</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:120%">&#160;&#160;&#160;&#160;Reflects the impact of the subsidiary equity derivatives, which we entered into to economically hedge the distributions to non-controlling interests. See &#34;Financial Risk Management&#34; for more information.</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Free cash flow increased this quarter and year to date primarily as a result of lower capital expenditures and higher adjusted EBITDA, partially offset by distributions to non-controlling interests.</font></div><div style="text-align:justify"><font><br></font></div><div style="height:45pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="margin-top:5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:32.233%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:32.233%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:32.234%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Rogers Communications Inc.</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><div style="text-align:center"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">19</font></div></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Second Quarter 2026</font></td></tr><tr><td colspan="3" style="display:none"></td></tr></table></div></div></div><div id="i0e68e03401ad4a75a6c964253f28303d_64"></div><hr style="page-break-after:always"><div style="min-height:45pt;width:100%"><div style="text-align:justify"><font><br></font></div></div><div><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:12pt;font-weight:700;line-height:120%">Overview of Financial Position</font></div><div style="margin-top:5pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:19.170%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.710%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.960%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.506%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:4.455%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:45.599%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:700;line-height:100%">As at</font></td><td colspan="3" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">As at</font></td><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:700;line-height:100%">June 30</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">December 31</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">(In millions of dollars)</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:700;line-height:100%">2026</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">2025</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">$&#160;Chg</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">%&#160;Chg</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">Explanation of significant changes</font></td></tr><tr style="height:6pt"><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 10pt;text-align:left;text-indent:-9pt;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">Assets</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 10pt;text-align:left;text-indent:-4.5pt;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">Current assets&#58;</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 19pt;text-align:left;text-indent:-9pt;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">Cash and cash equivalents</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:700;line-height:100%">1,726</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:top"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">1,344&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:top"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">382&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:top"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">28&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:top"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">See &#34;Managing our Liquidity and Financial Resources&#34;.</font></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 19pt;text-align:left;text-indent:-9pt;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">Accounts receivable</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:700;line-height:100%">5,728</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:top"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">6,105&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:top"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">(377)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:top"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">(6)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:top"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">Reflects business seasonality.</font></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 19pt;text-align:left;text-indent:-9pt;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">Inventories</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:700;line-height:100%">553</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:top"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">550&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:top"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">3&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:top"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">1&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:top"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">n&#47;m</font></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 19pt;text-align:left;text-indent:-9pt;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">Current portion of contract assets</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:700;line-height:100%">153</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:top"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">151&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:top"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">2&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:top"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">1&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:top"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">n&#47;m</font></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 19pt;text-align:left;text-indent:-9pt;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">Other current assets</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:700;line-height:100%">1,341</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:top"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">1,239&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:top"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">102&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:top"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">8&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:top"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">Primarily reflects an increase in prepaid expenses related to our annual Wireless spectrum licence renewal fees and certain program rights.</font></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 19pt;text-align:left;text-indent:-9pt;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">Current portion of derivative instruments</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:700;line-height:100%">303</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:top"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">99&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:top"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">204&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:top"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">n&#47;m</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">Reflects the reclassification to current of our debt derivatives associated with our US$1.3 billion of senior notes due March 2027 and the change in market values of certain debt derivatives as a result of the depreciation of the Cdn$ relative to the US$.</font></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:1.5pt 1pt 1.5pt 10pt;text-align:left;text-indent:-9pt;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">Total current assets</font></td><td colspan="2" style="border-top:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:top"><font 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1pt 1.5pt 0;text-align:right;vertical-align:top"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">3&#160;</font></td><td style="border-top:0.5pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:top"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td></tr><tr style="height:6pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 10pt;text-align:left;text-indent:-9pt;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">Property, plant 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0;text-align:right;vertical-align:top"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:top"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">n&#47;m</font></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 10pt;text-align:left;text-indent:-9pt;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">Intangible assets</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:700;line-height:100%">28,771</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:top"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">28,898&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:top"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">(127)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:top"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:top"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">Primarily reflects amortization expense related to the intangible assets acquired in the Shaw Transaction and in the MLSE Transaction.</font></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 10pt;text-align:left;text-indent:-9pt;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">Investments</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:700;line-height:100%">1,292</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:top"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">1,291&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:top"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">1&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:top"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:top"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">n&#47;m</font></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 10pt;text-align:left;text-indent:-9pt;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">Derivative instruments</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:700;line-height:100%">960</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:top"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">746&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:top"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">214&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:top"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">29&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:top"></td><td colspan="3" style="padding:1.5pt 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1.5pt 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">1,198&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:top"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">(133)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:top"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">(11)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:top"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted 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style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 10pt;text-align:left;text-indent:-9pt;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">Goodwill</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:700;line-height:100%">20,032</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:top"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">20,032&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:top"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:top"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:top"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted 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Next',sans-serif;font-size:7pt;font-weight:700;line-height:100%">90,303</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:top"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">90,012&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:top"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">291&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:top"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:top"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#160;</font></td></tr><tr style="height:6pt"><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><div><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">Liabilities and equity</font></div></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 10pt;text-align:left;text-indent:-4.5pt;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">Current liabilities&#58;</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 19pt;text-align:left;text-indent:-9pt;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">Short-term borrowings</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:700;line-height:100%">2,237</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:top"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">4,000&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:top"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">(1,763)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:top"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">(44)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:top"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">See &#34;Managing our Liquidity and Financial Resources&#34;.</font></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 19pt;text-align:left;text-indent:-9pt;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">Accounts payable and accrued liabilities</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:700;line-height:100%">4,375</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:top"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">4,831&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:top"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">(456)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:top"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">(9)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:top"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">Reflects business seasonality.</font></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 19pt;text-align:left;text-indent:-9pt;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">Other current liabilities</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:700;line-height:100%">4,838</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:top"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">3,831&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:top"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">1,007&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:top"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">26&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:top"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">Primarily reflects a $1,034 million increase in the fair value of the MLSE put liability.</font></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 19pt;text-align:left;text-indent:-9pt;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">Contract liabilities</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:700;line-height:100%">952</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:top"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">1,114&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:top"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">(162)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:top"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">(15)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:top"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">Primarily reflects revenue recognized on customer service prepayments and subscriptions.</font></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 19pt;text-align:left;text-indent:-9pt;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">Current portion of long-term debt</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:700;line-height:100%">4,855</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:top"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">1,186&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:top"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">3,669&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:top"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">n&#47;m</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">Reflects the reclassification to current of our $300 million, $1.5 billion, and US$1.3 billion of senior notes due March 2027.</font></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 19pt;text-align:left;text-indent:-9pt;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">Current portion of lease liabilities</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:700;line-height:100%">728</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:top"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">690&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:top"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">38&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:top"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">6&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:top"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><div><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">n&#47;m</font></div></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:1.5pt 1pt 1.5pt 10pt;text-align:left;text-indent:-9pt;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">Total current liabilities</font></td><td colspan="2" style="border-top:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:700;line-height:100%">17,985</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#160;</font></td><td style="border-top:0.5pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:top"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">15,652&#160;</font></td><td style="border-top:0.5pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:top"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">2,333&#160;</font></td><td style="border-top:0.5pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:top"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">15&#160;</font></td><td style="border-top:0.5pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:top"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:1.5pt 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#160;</font></td></tr><tr style="height:6pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 10pt;text-align:left;text-indent:-9pt;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">Provisions</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:700;line-height:100%">56</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:top"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">55&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:top"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">1&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:top"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">2&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:top"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">n&#47;m</font></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 10pt;text-align:left;text-indent:-9pt;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">Long-term debt</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:700;line-height:100%">35,191</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:top"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">35,872&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:top"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">(681)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:top"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">(2)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:top"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">Primarily reflects the reclassification to current of our $300 million, $1.5 billion, and US$1.3 billion of senior notes due March 2027, partially offset by the issuance of US$750 million and $1.25 billion of subordinated notes in March 2026.</font></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 10pt;text-align:left;text-indent:-9pt;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">Lease liabilities</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:700;line-height:100%">2,687</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:top"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">2,428&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:top"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">259&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:top"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">11&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:top"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">Reflects liabilities for new leases entered into.</font></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 10pt;text-align:left;text-indent:-9pt;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">Other long-term liabilities</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:700;line-height:100%">2,063</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:top"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">2,225&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:top"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">(162)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:top"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">(7)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:top"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><div><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">Primarily reflects changes in market values of certain debt derivatives as a result of the depreciation of the Cdn$ relative to the US$.</font></div></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 10pt;text-align:left;text-indent:-9pt;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">Deferred tax liabilities</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:700;line-height:100%">9,471</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:top"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">9,494&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:top"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">(23)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:top"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:top"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">n&#47;m</font></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt 1.5pt 10pt;text-align:left;text-indent:-9pt;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">Total liabilities</font></td><td colspan="2" style="border-top:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:700;line-height:100%">67,453</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#160;</font></td><td style="border-top:0.5pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:top"></td><td colspan="2" style="border-top:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">65,726&#160;</font></td><td style="border-top:0.5pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:top"></td><td colspan="2" style="border-top:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">1,727&#160;</font></td><td style="border-top:0.5pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:top"></td><td colspan="2" style="border-top:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">3&#160;</font></td><td style="border-top:0.5pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:top"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#160;</font></td></tr><tr style="height:6pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><div style="padding-left:9pt;text-indent:-9pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">Equity</font></div></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:700;line-height:100%">22,850</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:top"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">24,286&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:top"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">(1,436)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:top"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">(6)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:top"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">Primarily reflects changes in retained earnings and equity reserves.</font></td></tr><tr style="height:6pt"><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-bottom:1pt solid #000000;padding:1.5pt 1pt;text-align:left;vertical-align:top"><div style="padding-left:9pt;text-indent:-9pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">Total liabilities and equity</font></div></td><td colspan="2" style="border-bottom:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:700;line-height:100%">90,303</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#160;</font></td><td style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-bottom:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">90,012&#160;</font></td><td style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-bottom:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">291&#160;</font></td><td style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-bottom:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="border-bottom:1pt solid #000000;padding:1.5pt 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#160;</font></td></tr></table></div><div style="text-align:justify"><font><br></font></div><div style="height:45pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="margin-top:5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:32.233%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:32.233%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:32.234%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Rogers Communications Inc.</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><div style="text-align:center"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">20</font></div></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Second Quarter 2026</font></td></tr><tr><td colspan="3" style="display:none"></td></tr></table></div></div></div><div id="i0e68e03401ad4a75a6c964253f28303d_67"></div><hr style="page-break-after:always"><div style="min-height:45pt;width:100%"><div style="text-align:justify"><font><br></font></div></div><div><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:12pt;font-weight:700;line-height:120%">Financial Condition</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:700;line-height:120%">Available liquidity</font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Below is a summary of our available liquidity from our cash and cash equivalents, bank credit facilities, letter of credit facilities, and short-term borrowings as at June&#160;30, 2026 and December 31, 2025.</font></div><div style="margin-top:5pt;text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.699%"><tr><td style="width:1.0%"></td><td style="width:28.869%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.906%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.906%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.906%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.906%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.907%"></td><td style="width:0.1%"></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">As at June 30, 2026</font></td><td colspan="3" rowspan="2" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Total sources</font></td><td colspan="3" rowspan="2" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Drawn</font></td><td colspan="3" rowspan="2" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Letters of credit</font></td><td colspan="3" rowspan="2" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">US CP program</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:5.2pt;font-weight:400;line-height:100%;position:relative;top:-2.8pt;vertical-align:baseline"> 1</font></div></td><td colspan="3" rowspan="2" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Net available</font></td></tr><tr style="height:12pt"><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(In millions of dollars)</font></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Cash and cash equivalents</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,726&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">1,726</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><div style="padding-left:0.75pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Bank credit facilities </font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:5.2pt;font-weight:400;line-height:100%;position:relative;top:-2.8pt;vertical-align:baseline">2</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#58;</font></div></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 6.25pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Revolving</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">4,260&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">11&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">642&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">3,607</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 6.25pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Non-revolving</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">300&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">300&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">&#8212;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 6.25pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Outstanding letters of credit</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">75&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">75&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">&#8212;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><div style="padding-left:0.75pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Receivables securitization </font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:5.2pt;font-weight:400;line-height:100%;position:relative;top:-2.8pt;vertical-align:baseline">2</font></div></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2,400&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,600&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">800</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Total</font></td><td colspan="2" style="border-bottom:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">8,761&#160;</font></td><td style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-bottom:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,900&#160;</font></td><td style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-bottom:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">86&#160;</font></td><td style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-bottom:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">642&#160;</font></td><td style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-bottom:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">6,133</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr></table></div><div style="margin-top:3pt;padding-left:4.5pt;text-align:justify;text-indent:-4.5pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">1&#160;&#160;&#160;&#160;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:120%">The US CP program amounts are gross of the discount on issuance.</font></div><div style="padding-left:4.5pt;text-align:justify;text-indent:-4.5pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">2&#160;&#160;&#160;&#160;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:120%">The total liquidity sources under our bank credit facilities and receivables securitization represents the total credit limits per the relevant agreements. 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The US CP program amount represents our currently outstanding US CP borrowings that are backstopped by our revolving credit facility.</font></div><div style="padding-left:4.5pt;text-indent:-4.5pt"><font><br></font></div><div style="padding-left:2.25pt;padding-right:2.25pt;text-align:center;text-indent:-4.5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:43.044%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.863%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.863%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.863%"></td><td style="width:0.1%"></td><td colspan="3" style="display:none"></td><td style="width:1.0%"></td><td style="width:12.867%"></td><td style="width:0.1%"></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">As at December 31, 2025</font></td><td colspan="3" rowspan="2" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Total sources</font></td><td colspan="3" rowspan="2" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Drawn</font></td><td colspan="3" rowspan="2" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Letters of credit</font></td><td colspan="3" style="display:none"></td><td colspan="3" rowspan="2" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Net available</font></td></tr><tr style="height:12pt"><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(In millions of dollars)</font></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Cash and cash equivalents</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,344&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,344&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><div style="padding-left:0.75pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Bank credit facilities </font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:5.2pt;font-weight:400;line-height:100%;position:relative;top:-2.8pt;vertical-align:baseline">1</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#58;</font></div></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 6.25pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Revolving</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">4,260&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">115&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">10&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">4,135&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 6.25pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Non-revolving</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2,300&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2,300&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 6.25pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Outstanding letters of credit</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">45&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">45&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><div style="padding-left:0.75pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Receivables securitization </font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:5.2pt;font-weight:400;line-height:100%;position:relative;top:-2.8pt;vertical-align:baseline">1</font></div></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2,400&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2,000&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">400&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-bottom:1pt solid #000000;padding:1.5pt 1pt;text-align:left;vertical-align:top"><div style="padding-left:0.75pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Total </font></div></td><td colspan="2" style="border-bottom:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">10,349&#160;</font></td><td style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-bottom:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">4,415&#160;</font></td><td style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-bottom:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">55&#160;</font></td><td style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td><td colspan="2" style="border-bottom:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">5,879&#160;</font></td><td style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr></table></div><div style="margin-top:3pt;padding-left:4.5pt;text-align:justify;text-indent:-4.5pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">1&#160;&#160;&#160;&#160;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:120%">The total liquidity sources under our bank credit facilities and receivables securitization represents the total credit limits per the relevant agreements. The amount drawn and letters of credit are currently outstanding under those agreements.</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Our $815 million Canada Infrastructure Bank credit agreement is not included in available liquidity as it can only be drawn upon for use in broadband projects under the Universal Broadband Fund, and therefore is not available for other general purposes. This quarter and year to date, we borrowed nil under this facility.</font></div><div style="text-align:justify"><font><br></font></div><div><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%;text-decoration:underline">Weighted average cost of borrowings</font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Our weighted average cost of all borrowings was 4.92% as at June&#160;30, 2026 (December&#160;31, 2025 - 4.78%) and our weighted average term to maturity was 8.3 years (December&#160;31, 2025 - 8.6 years). These figures reflect the expected repayment of our subordinated notes on their respective at-par redemption dates.</font></div><div style="text-align:justify"><font><br></font></div><div style="height:45pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="margin-top:5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:32.233%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:32.233%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:32.234%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Rogers Communications Inc.</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><div style="text-align:center"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">21</font></div></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Second Quarter 2026</font></td></tr><tr><td colspan="3" style="display:none"></td></tr></table></div></div></div><hr style="page-break-after:always"><div style="min-height:45pt;width:100%"><div style="text-align:justify"><font><br></font></div></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:700;line-height:120%">Adjusted net debt and debt leverage ratio</font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">We use adjusted net debt and debt leverage ratio to conduct valuation-related analysis and to make capital structure-related decisions.</font></div><div style="margin-top:5pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.849%"><tr><td style="width:1.0%"></td><td style="width:70.930%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.884%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.886%"></td><td style="width:0.1%"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">As at<br>June 30</font></td><td colspan="3" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">As at<br>December&#160;31</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(In millions of dollars, except ratios)</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2026</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2025</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Current portion of long-term debt</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">4,855</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,186&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Long-term debt</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">35,191</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">35,872&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Deferred transaction costs and discounts</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">758</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">795&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">40,804</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="border-top:0.5pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-top:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">37,853&#160;</font></td><td style="border-top:0.5pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Add (deduct)&#58;</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:6pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Adjustment of US dollar-denominated debt to hedged rate </font></div></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(2,122)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(1,394)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:6pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Subordinated notes adjustment </font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:5.2pt;font-weight:400;line-height:100%;position:relative;top:-2.8pt;vertical-align:baseline">1</font></div></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(4,680)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(3,456)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 7pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Short-term borrowings</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2,237</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">4,000&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><div style="padding-left:5.25pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Deferred government grant liability </font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:5.2pt;font-weight:400;line-height:100%;position:relative;top:-2.8pt;vertical-align:baseline">2</font></div></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">78</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">79&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 6.25pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Current portion of lease liabilities</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">728</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">690&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 7pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Lease liabilities</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2,687</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2,428&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 7pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Cash and cash equivalents</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(1,726)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(1,344)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Adjusted net debt </font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:5.2pt;font-weight:400;line-height:100%;position:relative;top:-2.8pt;vertical-align:baseline">3</font></div></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">38,006</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">38,856&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Divided by&#58; trailing 12-month adjusted EBITDA</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">10,010</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">9,820&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Debt leverage ratio</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">3.8</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">4.0&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Divided by&#58; pro forma trailing 12-month adjusted EBITDA </font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:5.2pt;font-weight:400;line-height:100%;position:relative;top:-2.8pt;vertical-align:baseline">3</font></div></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">n&#47;a</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">9,986&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-bottom:1pt solid #000;padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Pro forma debt leverage ratio</font></td><td colspan="3" style="border-bottom:1pt solid #000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">n&#47;a</font></td><td colspan="2" style="border-bottom:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">3.9&#160;</font></td><td style="border-bottom:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr></table></div><div style="margin-top:3pt;padding-left:4.5pt;text-align:justify;text-indent:-4.5pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">1&#160;&#160;&#160;&#160;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:120%">For the purposes of calculating adjusted net debt and debt leverage ratio, we believe adjusting 50% of the value of our subordinated notes is appropriate as this methodology factors in certain circumstances with respect to priority for payment and this approach is commonly used to evaluate debt leverage by rating agencies.</font></div><div style="padding-left:4.5pt;text-align:justify;text-indent:-4.5pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">2&#160;&#160;&#160;&#160;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:120%">For the purposes of calculating adjusted net debt and debt leverage ratio, we have added the deferred government grant liability relating to our Canada Infrastructure Bank facility to reflect the inclusion of the cash drawings.</font></div><div style="padding-left:4.5pt;text-align:justify;text-indent:-4.5pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">3&#160;&#160;&#160;&#160;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Adjusted net debt is a capital management measure. Pro forma trailing 12-month adjusted EBITDA is a non-GAAP financial measure and a component of pro forma debt leverage ratio. These are not standardized financial measures under IFRS and might not be comparable to similar financial measures disclosed by other companies. See &#34;Non-GAAP and Other Financial Measures&#34; for more information about these measures.</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">As at December 31, 2025, trailing 12-month adjusted EBITDA reflects the combined results of Rogers including MLSE for the period since the MLSE Transaction closed in July to December 2025 and standalone Rogers results prior to July 2025. To illustrate the results of a combined Rogers and MLSE as if the MLSE Transaction had closed at the beginning of the trailing 12-month period, we have also disclosed a pro forma trailing 12-month adjusted EBITDA and pro forma debt leverage ratio as at December 31, 2025. Pro forma trailing 12-month adjusted EBITDA incorporates an amount representing MLSE's adjusted EBITDA, adjusted to conform to Rogers' accounting policies, for January to June 2025.</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">These pro forma metrics are presented for illustrative purposes only and do not purport to reflect what the combined company's actual operating results or financial condition would have been had the MLSE Transaction occurred on the date indicated, nor do they purport to project our future financial position or operating results and should not be taken as representative of our future financial position or consolidated operating results.</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">We intend to manage our debt leverage ratio primarily through combined operational synergies (cost savings and revenue enhancements to be achieved in the context of business acquisitions), organic growth in adjusted EBITDA, proceeds from asset sales and monetizations (including a sale of a minority interest in Rogers Sports), equity financing, and debt repayment, as applicable. Our free cash flow generation is expected to further strengthen our balance sheet over time through accelerated repayment of debt.</font></div><div style="text-align:justify"><font><br></font></div><div style="height:45pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="margin-top:5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:32.233%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:32.233%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:32.234%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Rogers Communications Inc.</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><div style="text-align:center"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">22</font></div></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Second Quarter 2026</font></td></tr><tr><td colspan="3" style="display:none"></td></tr></table></div></div></div><hr style="page-break-after:always"><div style="min-height:45pt;width:100%"><div style="text-align:justify"><font><br></font></div></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:700;line-height:120%">Credit ratings</font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Below is a summary of the credit ratings on RCI's outstanding senior and subordinated notes and debentures (long-term) and US CP (short-term) as at June&#160;30, 2026.</font></div><div style="margin-top:5pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:29.981%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:21.872%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:21.872%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:21.875%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Issuance</font></td><td colspan="3" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">S&#38;P Global Ratings Services</font></td><td colspan="3" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Moody's</font></td><td colspan="3" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">DBRS Morningstar</font></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Senior unsecured debt</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">BBB-</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Baa3</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">BBB (low)</font></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Subordinated debt</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">BB</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Ba1&#47;Ba2</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><div><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">BB </font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:5.2pt;font-weight:400;line-height:100%;position:relative;top:-2.8pt;vertical-align:baseline">1</font></div></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">US commercial paper</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">A-3</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">P-3</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><div><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">N&#47;A </font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:5.2pt;font-weight:400;line-height:100%;position:relative;top:-2.8pt;vertical-align:baseline">1</font></div></td></tr><tr><td colspan="3" style="border-bottom:1pt solid #000000;padding:1.5pt 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Outlook</font></td><td colspan="3" style="border-bottom:1pt solid #000000;padding:1.5pt 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Negative</font></td><td colspan="3" style="border-bottom:1pt solid #000000;padding:1.5pt 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Stable</font></td><td colspan="3" style="border-bottom:1pt solid #000000;padding:1.5pt 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Positive</font></td></tr></table></div><div style="margin-top:3pt;padding-left:4.5pt;text-align:justify;text-indent:-4.5pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">1&#160;&#160;&#160;&#160;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:120%">We have not sought a rating from DBRS Morningstar for our subordinated debt issued before March 31, 2022 or for our short-term obligations.</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:700;line-height:120%">Outstanding common shares</font></div><div style="margin-top:5pt;text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.849%"><tr><td style="width:1.0%"></td><td style="width:72.133%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.283%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.284%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">As at<br>June 30</font></td><td colspan="3" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">As at <br>December 31</font></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;&#160;</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2026</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2025</font></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><div style="padding-left:0.75pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Common shares outstanding </font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:5.2pt;font-weight:400;line-height:100%;position:relative;top:-2.8pt;vertical-align:baseline">1</font></div></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 6.25pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Class A Voting Shares</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">111,148,720</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">111,152,011&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 6.25pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Class B Non-Voting Shares</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">429,076,558</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">429,073,267&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Total common shares</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">540,225,278</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">540,225,278&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Options to purchase Class B Non-Voting Shares</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 6.25pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Outstanding options</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">11,894,102</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">11,766,094&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 6.25pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Outstanding options exercisable</font></td><td colspan="2" style="border-bottom:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">8,578,441</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-bottom:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">7,322,180&#160;</font></td><td style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr></table></div><div style="margin-top:3pt;padding-left:4.5pt;text-align:justify;text-indent:-4.5pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">1&#160;&#160;&#160;&#160;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Holders of Class B Non-Voting Shares are entitled to receive notice of and to attend shareholder meetings&#59; however, they are not entitled to vote at these meetings except as required by law or stipulated by stock exchanges. If an offer is made to purchase outstanding Class A Shares, there is no requirement under applicable law or our constating documents that an offer be made for the outstanding Class B Non-Voting Shares, and there is no other protection available to shareholders under our constating documents. If an offer is made to purchase both classes of shares, the offer for the Class A Shares may be made on different terms than the offer to the holders of Class B Non-Voting Shares.</font></div><div style="padding-left:4.5pt;text-align:justify;text-indent:-4.5pt"><font><br></font></div><div style="height:45pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="margin-top:5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:32.233%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:32.233%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:32.234%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Rogers Communications Inc.</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><div style="text-align:center"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">23</font></div></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Second Quarter 2026</font></td></tr><tr><td colspan="3" style="display:none"></td></tr></table></div></div></div><div id="i0e68e03401ad4a75a6c964253f28303d_70"></div><hr style="page-break-after:always"><div style="min-height:45pt;width:100%"><div style="text-align:justify"><font><br></font></div></div><div><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:12pt;font-weight:700;line-height:120%">Financial Risk Management</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">This section should be read in conjunction with &#34;Financial Risk Management&#34; in our 2025 Annual MD&#38;A. We use derivative instruments to manage financial risks related to our business activities. We only use derivatives to manage risk and not for speculative purposes. We also manage our exposure to both fixed and fluctuating interest rates and had fixed the interest rate on 94.6% of our outstanding debt, including short-term borrowings, as at June&#160;30, 2026 (December&#160;31, 2025 - 89.1%).</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:700;line-height:120%">Debt derivatives</font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">We use cross-currency interest rate exchange agreements, forward cross-currency interest rate exchange agreements, and foreign currency forward contracts (collectively, debt derivatives) to manage risks from fluctuations in foreign exchange rates and interest rates associated with our US dollar-denominated senior notes, debentures, subordinated notes, lease liabilities, credit facility borrowings, and US CP borrowings. We typically designate the debt derivatives related to our senior notes, debentures, subordinated notes, and lease liabilities as hedges for accounting purposes against the foreign exchange risk or interest rate risk associated with specific issued and forecast debt instruments. Debt derivatives related to our credit facility and US CP borrowings, with the exception of the interest rate swaps acquired in the MLSE Transaction, have not been designated as hedges for accounting purposes.</font></div><div style="text-align:justify"><font><br></font></div><div><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%;text-decoration:underline">Credit facilities and US CP</font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Below is a summary of the debt derivatives we entered into and settled related to our credit facility borrowings and US CP program during the three and six months ended June&#160;30, 2026 and 2025.</font></div><div style="margin-top:5pt;text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:43.194%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.059%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.059%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.059%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.550%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.059%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.059%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.061%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="6" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Three months ended June 30, 2026</font></td><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000;border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="6" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Six months ended <br>June 30, 2026</font></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(In millions of dollars, except exchange rates)</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Notional</font></div><div style="text-align:right"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;(US$)</font></div></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Exchange rate</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Notional</font></div><div style="text-align:right"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(Cdn$)</font></div></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Notional </font></div><div style="text-align:right"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(US$)</font></div></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Exchange</font></div><div style="text-align:right"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">rate</font></div></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Notional</font></div><div style="text-align:right"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(Cdn$)</font></div></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:100%">US commercial paper program</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 6.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Debt derivatives entered</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">1,235</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">1.379</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">1,703</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2,089</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">1.377</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2,876</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 6.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Debt derivatives settled</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">1,111</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">1.382</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">1,535</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">1,639</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">1.377</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2,257</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 6.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Net cash received on settlement</font></td><td colspan="3" style="border-bottom:1pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-bottom:1pt solid #000000;padding:0 1pt"></td><td colspan="2" style="border-bottom:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">10</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="border-bottom:1pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-bottom:1pt solid #000000;border-left:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-bottom:1pt solid #000000;padding:0 1pt"></td><td colspan="2" style="border-bottom:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">3</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr></table></div><div style="text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:43.194%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.059%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.059%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.059%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.550%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.059%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.059%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.061%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="6" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Three months ended June 30, 2025</font></td><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000;border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="6" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Six months ended <br>June 30, 2025</font></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(In millions of dollars, except exchange rates)</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Notional</font></div><div style="text-align:right"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;(US$)</font></div></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Exchange rate</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Notional<br>(Cdn$)</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Notional </font></div><div style="text-align:right"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(US$)</font></div></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Exchange</font></div><div style="text-align:right"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">rate</font></div></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Notional</font></div><div style="text-align:right"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(Cdn$)</font></div></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:100%">Credit facilities</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 6.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Debt derivatives entered</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,006&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1.391&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,399&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">4,148&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1.423&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">5,902&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 6.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Debt derivatives settled</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2,052&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1.386&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2,845&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">5,196&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1.413&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">7,342&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 6.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Net cash paid on settlement</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(51)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(68)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr style="height:12pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:100%">US commercial paper program</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 6.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Debt derivatives entered</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">299&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1.435&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">429&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 6.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Debt derivatives settled</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">613&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1.431&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">877&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 6.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Net cash received on settlement</font></td><td colspan="3" style="border-bottom:1pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-bottom:1pt solid #000000;padding:0 1pt"></td><td colspan="2" style="border-bottom:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="border-bottom:1pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-bottom:1pt solid #000000;border-left:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-bottom:1pt solid #000000;padding:0 1pt"></td><td colspan="2" style="border-bottom:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2&#160;</font></td><td style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr></table></div><div style="text-align:center"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">As at June&#160;30, 2026, we had US$450 million notional amount of debt derivatives outstanding relating to our US CP program (December&#160;31, 2025 - nil), at an average rate of $1.385&#47;US$ (December&#160;31, 2025 - nil&#47;US$). </font></div><div style="text-align:justify"><font><br></font></div><div style="height:45pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="margin-top:5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:32.233%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:32.233%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:32.234%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Rogers Communications Inc.</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><div style="text-align:center"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">24</font></div></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Second Quarter 2026</font></td></tr><tr><td colspan="3" style="display:none"></td></tr></table></div></div></div><hr style="page-break-after:always"><div style="min-height:45pt;width:100%"><div style="text-align:justify"><font><br></font></div></div><div><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%;text-decoration:underline">Subordinated notes</font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Below is a summary of the debt derivatives we entered into related to subordinated notes during the six months ended June&#160;30, 2026 and 2025.</font></div><div style="margin-top:5pt;text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:19.170%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:16.918%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.509%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:16.317%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.550%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.866%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.870%"></td><td style="width:0.1%"></td></tr><tr><td colspan="12" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:justify;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(In millions of dollars, except interest rates)</font></td><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="6" style="padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">US$</font></td><td colspan="3" style="border-right:0.5pt solid #000000;padding:0 1pt"></td><td colspan="6" style="padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Hedging effect</font></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Effective date</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Principal&#47;Notional amount (US$)</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Maturity date</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Coupon rate</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Fixed hedged (Cdn$) interest rate </font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:5.2pt;font-weight:400;line-height:100%;position:relative;top:-2.8pt;vertical-align:baseline">1</font></div></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Equivalent (Cdn$)</font></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:100%">2026 issuances</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 7.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">March 27, 2026</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">750&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2056</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">6.875&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">%</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">6.193&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">%</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,034&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr style="height:12pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:100%">2025 issuances</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 7.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">February 12, 2025</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,100&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2055</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">7.000&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">%</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">5.440&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">%</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,575&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="border-bottom:1pt solid #000;padding:1.5pt 1pt 1.5pt 7.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">February 12, 2025</font></td><td colspan="3" style="border-bottom:1pt solid #000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,000</font></td><td colspan="3" style="border-bottom:1pt solid #000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2055</font></td><td colspan="2" style="border-bottom:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">7.125&#160;</font></td><td style="border-bottom:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">%</font></td><td colspan="3" style="border-bottom:1pt solid #000;padding:0 1pt"></td><td colspan="2" style="border-bottom:1pt solid #000;border-left:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">5.862&#160;</font></td><td style="border-bottom:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">%</font></td><td colspan="2" style="border-bottom:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,432&#160;</font></td><td style="border-bottom:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr></table></div><div style="margin-top:3pt;text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">1&#160;&#160;&#160;&#160;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Converting from a fixed US$ coupon rate to a weighted average Cdn$ fixed rate.</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">As at June&#160;30, 2026, we had US$16,661 million (December&#160;31, 2025 - US$15,911 million) in US dollar-denominated senior notes, debentures, and subordinated notes, of which all of the associated foreign exchange risk had been hedged using debt derivatives, at an average rate of $1.291&#47;US$ (December&#160;31, 2025 - $1.287&#47;US$).</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">In March 2025, we repaid the entire outstanding principal amount of our US$1 billion 2.95% senior notes and settled the associated debt derivatives at maturity, resulting in $95 million received on settlement of the associated debt derivatives.</font></div><div style="text-align:justify"><font><br></font></div><div><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%;text-decoration:underline">Lease liabilities</font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Below is a summary of the debt derivatives we entered into and settled related to our outstanding lease liabilities for the three and six months ended June&#160;30, 2026 and 2025.</font></div><div style="margin-top:5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:33.734%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.710%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.560%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.560%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.550%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.710%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.560%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.716%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="9" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Three months ended June 30, 2026</font></td><td colspan="3" style="border-right:0.5pt solid #000000;border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="9" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Six months ended June 30, 2026</font></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(In millions of dollars, except exchange rates)</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Notional</font></div><div style="text-align:right"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(US$)</font></div></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Exchange rate</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Notional<br>(Cdn$)</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Notional</font></div><div style="text-align:right"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(US$)</font></div></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Exchange</font></div><div style="text-align:right"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">rate</font></div></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Notional</font></div><div style="text-align:right"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(Cdn$)</font></div></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Debt derivatives entered</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">54</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">1.407</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">76</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">91</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">1.396</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">127</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Debt derivatives settled</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">66</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">1.348</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">89</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">132</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">1.356</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">179</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Net cash paid on settlement</font></td><td colspan="3" style="border-bottom:1pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-bottom:1pt solid #000000;padding:0 1pt"></td><td colspan="2" style="border-bottom:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(2)</font></td><td style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="border-bottom:1pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-bottom:1pt solid #000000;border-left:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-bottom:1pt solid #000000;padding:0 1pt"></td><td colspan="2" style="border-bottom:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(1)</font></td><td style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr></table></div><div style="margin-top:5pt;text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:33.734%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.710%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.560%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.560%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.550%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.710%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.560%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.716%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="9" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Three months ended June 30, 2025</font></td><td colspan="3" style="border-right:0.5pt solid #000000;border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="9" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Six months ended June 30, 2025</font></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(In millions of dollars, except exchange rates)</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Notional</font></div><div style="text-align:right"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(US$)</font></div></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Exchange rate</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Notional<br>(Cdn$)</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Notional</font></div><div style="text-align:right"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(US$)</font></div></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Exchange</font></div><div style="text-align:right"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">rate</font></div></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Notional</font></div><div style="text-align:right"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(Cdn$)</font></div></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Debt derivatives entered</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">55&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1.400&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">77&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">114&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1.395&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">159&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Debt derivatives settled</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">61&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1.344&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">82&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">120&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1.350&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">162&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Net cash received on settlement</font></td><td colspan="3" style="border-bottom:1pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-bottom:1pt solid #000000;padding:0 1pt"></td><td colspan="2" style="border-bottom:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2&#160;</font></td><td style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="border-bottom:1pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-bottom:1pt solid #000000;border-left:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-bottom:1pt solid #000000;padding:0 1pt"></td><td colspan="2" style="border-bottom:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">5&#160;</font></td><td style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr></table></div><div><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">As at June&#160;30, 2026, we had US$369 million notional amount of debt derivatives outstanding relating to our outstanding lease liabilities (December&#160;31, 2025 - US$410 million) with terms to maturity ranging from July 2026 to June 2029 (December&#160;31, 2025 - January 2026 to December 2028) at an average rate of $1.373&#47;US$ (December&#160;31, 2025 - $1.365&#47;US$).</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">See &#34;Mark-to-market value&#34; for more information about our debt derivatives.</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:700;line-height:120%">Expenditure derivatives</font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">We use foreign currency forward contracts and option contracts (expenditure derivatives) to manage the foreign exchange risk in our operations, designating them as hedges for accounting purposes for certain of our forecast operational and capital expenditures. In 2025, as a result of the MLSE Transaction, we acquired expenditure derivatives and other foreign exchange options that had previously been entered into by MLSE. The other foreign exchange options are effective economic hedges against future US dollar-denominated expenditures&#59; however, they cannot be designated as hedges for accounting purposes. Changes in their fair values are recognized in &#34;change in fair value of derivative instruments&#34; in &#34;finance costs&#34;.</font></div><div style="text-align:justify"><font><br></font></div><div style="height:45pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="margin-top:5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:32.233%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:32.233%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:32.234%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Rogers Communications Inc.</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><div style="text-align:center"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">25</font></div></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Second Quarter 2026</font></td></tr><tr><td colspan="3" style="display:none"></td></tr></table></div></div></div><hr style="page-break-after:always"><div style="min-height:45pt;width:100%"><div style="text-align:justify"><font><br></font></div></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">The following table provides further details on our outstanding foreign currency forward contracts and options as at June&#160;30, 2026 and December&#160;31, 2025.</font></div><div style="margin-top:5pt;text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.549%"><tr><td style="width:1.0%"></td><td style="width:15.642%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.553%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.553%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.553%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.553%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.005%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:33.441%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="border-top:1pt solid #000;padding:0 1pt"></td><td colspan="6" style="border-bottom:0.5pt solid #000;border-top:1pt solid #000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">As at June 30</font></td><td colspan="6" style="border-bottom:0.5pt solid #000;border-top:1pt solid #000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">As at December 31</font></td><td colspan="3" style="border-top:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(in millions of dollars)</font></td><td colspan="6" style="border-top:0.5pt solid #000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2026</font></td><td colspan="6" style="border-top:0.5pt solid #000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2025</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Type of hedge</font></td><td colspan="3" style="border-top:0.5pt solid #000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Amount to receive (US$)</font></td><td colspan="3" style="border-top:0.5pt solid #000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Amount to pay (Cdn$)</font></td><td colspan="3" style="border-top:0.5pt solid #000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Amount to receive (US$)</font></td><td colspan="3" style="border-top:0.5pt solid #000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Amount to pay (Cdn$)</font></td><td colspan="3" style="border-top:0.5pt solid #000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Maturity</font></td><td colspan="3" style="border-top:0.5pt solid #000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Hedged item</font></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Cash flow</font></td><td colspan="2" style="border-top:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">836</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="border-top:0.5pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">1,142</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="border-top:0.5pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,429&#160;</font></td><td style="border-top:0.5pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,955&#160;</font></td><td style="border-top:0.5pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2026</font></td><td colspan="3" style="border-top:0.5pt solid #000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Anticipated purchases</font></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Cash flow</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">1,129</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">1,524</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">609&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">826&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2027</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Anticipated purchases</font></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Cash flow</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">130</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">175</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">40&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">54&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2028</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Anticipated purchases</font></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Cash flow</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">25</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">34</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2029</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Anticipated purchases</font></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Cash flow</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">292</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">380</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">305&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">397&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2026-2039</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Future Toronto Blue Jays player compensation</font></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Economic</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">&#8212;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">&#8212;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">216&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">285&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2026</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Anticipated purchases</font></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Economic</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">100</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">137</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">420&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">565&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2027</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Anticipated purchases</font></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Economic</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">85</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">117</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">205&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">275&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2028</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Anticipated purchases</font></td></tr><tr><td colspan="3" style="border-bottom:1pt solid #000000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Economic</font></td><td colspan="2" style="border-bottom:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">45</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="border-bottom:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-bottom:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">61</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="border-bottom:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-bottom:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">45&#160;</font></td><td style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-bottom:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">61&#160;</font></td><td style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="border-bottom:1pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2029</font></td><td colspan="3" style="border-bottom:1pt solid #000000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Anticipated purchases</font></td></tr></table></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">See &#34;Mark-to-market value&#34; for more information about our expenditure derivatives.</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:700;line-height:120%">Equity derivatives</font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">We use total return swaps (equity derivatives) to hedge the market price appreciation risk of the Class B Non-Voting Shares granted under our stock-based compensation programs. The equity derivatives have not been designated as hedges for accounting purposes.</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">As at June&#160;30, 2026, we had equity derivatives outstanding for 6.5 million (December&#160;31, 2025 - 5.5 million) Class B Non-Voting Shares with a weighted average price of $48.20 (December&#160;31, 2025 - $46.81).</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">In March 2026, we entered into 1 million equity derivatives with a weighted average price of $55.23.</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">In April 2026, we reset the pricing on 0.2 million existing equity derivatives, resulting in net proceeds of $0.6 million. We also executed extension agreements on all equity derivative contracts under substantially the same commitment terms and conditions with revised expiry dates to April 2027 (from April 2026). The weighted average cost was adjusted to $48.20 per share.</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">See &#34;Mark-to-market value&#34; for more information about our equity derivatives.</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:700;line-height:120%">Subsidiary equity derivatives</font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">We have entered into cross-currency interest rate exchange agreements to manage the foreign exchange risk of our subsidiary equity investment (subsidiary equity derivatives). The subsidiary equity derivatives economically hedge our US dollar-denominated exposures arising from the subsidiary equity investment but cannot be designated as hedges for accounting purposes. These subsidiary equity derivatives convert an 8% US dollar-denominated cash flow into a Cdn$ rate of 7.16% until maturity on a quarterly basis.</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">See &#34;Mark-to-market value&#34; for more information about our subsidiary equity derivatives.</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:700;line-height:120%">Cash settlements on debt derivatives and subsidiary equity derivatives</font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Below is a summary of the net proceeds (payments) on settlement of debt derivatives and subsidiary equity derivatives during the three and six months ended June&#160;30, 2026 and 2025.</font></div><div style="margin-top:5pt;text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:42.293%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.863%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.863%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.550%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.863%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.868%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="6" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Three months ended June 30</font></td><td colspan="3" style="border-right:0.5pt solid #000;border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="6" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Six months ended June 30</font></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:0.75pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(In millions of dollars)</font></div></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2026</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2025</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000;border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2026</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2025</font></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000;border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Credit facilities</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">&#8212;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(51)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">&#8212;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(68)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">US commercial paper program</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">10</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">3</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Senior and subordinated notes</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">&#8212;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">&#8212;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">95&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:0.75pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Lease liabilities</font></div></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(2)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(1)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">5&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Subsidiary equity derivatives </font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">12</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">43&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">24</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">43&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000;border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-bottom:1pt solid #000;padding:1.5pt 1pt 1.5pt 10pt;text-align:left;text-indent:-9pt;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Net proceeds (payments) on settlement of debt derivatives and subsidiary equity derivatives</font></td><td colspan="2" style="border-bottom:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">20</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="border-bottom:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-bottom:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(6)</font></td><td style="border-bottom:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="border-bottom:1pt solid #000;padding:0 1pt"></td><td colspan="2" style="border-bottom:1pt solid #000;border-left:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">26</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="border-bottom:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-bottom:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">77&#160;</font></td><td style="border-bottom:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr></table></div><div style="text-align:justify"><font><br></font></div><div style="height:45pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="margin-top:5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:32.233%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:32.233%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:32.234%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Rogers Communications Inc.</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><div style="text-align:center"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">26</font></div></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Second Quarter 2026</font></td></tr><tr><td colspan="3" style="display:none"></td></tr></table></div></div></div><hr style="page-break-after:always"><div style="min-height:45pt;width:100%"><div style="text-align:justify"><font><br></font></div></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:700;line-height:120%">Mark-to-market value</font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">We record our derivatives using an estimated credit-adjusted, mark-to-market valuation, calculated in accordance with IFRS.</font></div><div style="margin-bottom:5pt;margin-top:5pt;text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:45.446%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.263%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.263%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.263%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.265%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;&#160;</font></td><td colspan="12" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">As at June 30, 2026</font></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(In millions of dollars, except exchange rates)</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Notional</font></div><div style="text-align:right"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">amount</font></div><div style="text-align:right"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(US$)</font></div></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Exchange</font></div><div style="text-align:right"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">rate</font></div></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Notional</font></div><div style="text-align:right"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">amount</font></div><div style="text-align:right"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(Cdn$)</font></div></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Fair&#160;value&#160;</font></div><div style="text-align:right"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(Cdn$)&#160;</font></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Debt derivatives accounted for as cash flow hedges&#58;</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 6.25pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">As assets</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">12,160&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1.2826&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">15,596&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">1,068</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 6.25pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">As liabilities</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">4,871&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1.3170&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">6,415&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(545)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 6.25pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">MLSE interest rate swap</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">300&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(5)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Debt derivatives not accounted for as hedges&#58;</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 6.25pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">As assets</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">449&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1.3853&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">622&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">15</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Net mark-to-market debt derivative asset</font></td><td colspan="3" style="border-top:0.5pt solid #000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td colspan="3" style="border-top:0.5pt solid #000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td colspan="3" style="border-top:0.5pt solid #000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td colspan="2" style="border-top:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">533</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="border-top:0.5pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Expenditure derivatives accounted for as cash flow hedges&#58;</font></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 6.25pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">As assets</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2,412&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1.3495&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">3,255&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">98</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><div style="padding-left:10.5pt;text-indent:-9pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Expenditure derivatives not accounted for as hedges&#58;</font></div></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 6.25pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">As liabilities</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">230&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1.3696&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">315&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(4)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Net mark-to-market expenditure derivative asset</font></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">94</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="border-top:0.5pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Equity derivatives not accounted for as hedges&#58;</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 6.25pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">As assets</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">81&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">22</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 6.25pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">As liabilities</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">232&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(36)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Net mark-to-market equity derivative liability</font></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(14)</font></td><td style="border-top:0.5pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Subsidiary equity derivatives not accounted for as hedges&#58; </font></div></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 6.25pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">As assets</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">4,850&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1.3843&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">6,714&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">60</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Net mark-to-market subsidiary equity derivative asset</font></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">60</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="border-top:0.5pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt 1.5pt 11.5pt;text-align:left;text-indent:-9pt;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Virtual power purchase agreement not accounted for as a hedge&#58;</font></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 6.25pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">As liabilities</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(5)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Net mark-to-market virtual power purchase agreement liability</font></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(5)</font></td><td style="border-top:0.5pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Net mark-to-market asset</font></td><td colspan="3" style="border-bottom:1pt solid #000000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td colspan="3" style="border-bottom:1pt solid #000000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td colspan="3" style="border-bottom:1pt solid #000000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td colspan="2" style="border-bottom:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">668</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr></table></div><div style="height:45pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="margin-top:5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:32.233%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:32.233%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:32.234%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Rogers Communications Inc.</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><div style="text-align:center"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">27</font></div></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Second Quarter 2026</font></td></tr><tr><td colspan="3" style="display:none"></td></tr></table></div></div></div><hr style="page-break-after:always"><div style="min-height:45pt;width:100%"><div style="text-align:justify"><font><br></font></div></div><div style="text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:45.446%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.263%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.263%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.263%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.265%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td colspan="12" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">As at December 31, 2025</font></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(In millions of dollars, except exchange rates)</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Notional</font></div><div style="text-align:right"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">amount</font></div><div style="text-align:right"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(US$)</font></div></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Exchange</font></div><div style="text-align:right"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">rate</font></div></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Notional</font></div><div style="text-align:right"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">amount</font></div><div style="text-align:right"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(Cdn$)</font></div></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Fair&#160;value&#160;</font></div><div style="text-align:right"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(Cdn$)&#160;</font></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Debt derivatives accounted for as cash flow hedges&#58;</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 6.25pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">As assets</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">8,559&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1.2373&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">10,590&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">787&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 6.25pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">As liabilities</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">7,763&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1.3449&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">10,440&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(645)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 6.25pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">MLSE interest rate swap</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">300&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(7)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Net mark-to-market debt derivative asset</font></td><td colspan="3" style="border-top:0.5pt solid #000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td colspan="3" style="border-top:0.5pt solid #000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td colspan="3" style="border-top:0.5pt solid #000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td colspan="2" style="border-top:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">135&#160;</font></td><td style="border-top:0.5pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Expenditure derivatives accounted for as cash flow hedges&#58;</font></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 6.25pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">As assets</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,122&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1.3275&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,489&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">20&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 6.25pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">As liabilities</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,261&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1.3816&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,742&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(28)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 10pt;text-align:left;text-indent:-9pt;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Expenditure derivatives not accounted for as hedges&#58;</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 7pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">As liabilities</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">886&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1.3386&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,186&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(17)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Net mark-to-market expenditure derivative liability</font></td><td colspan="3" style="border-top:0.5pt solid #000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td colspan="3" style="border-top:0.5pt solid #000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td colspan="3" style="border-top:0.5pt solid #000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td colspan="2" style="border-top:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(25)</font></td><td style="border-top:0.5pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Equity derivatives not accounted for as hedges&#58;</font></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 6.25pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">As assets</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">173&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">37&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 6.25pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">As liabilities</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">84&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(9)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Net mark-to-market equity derivative asset</font></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">28&#160;</font></td><td style="border-top:0.5pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Subsidiary equity derivatives not accounted for as hedges&#58;</font></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 17.5pt;text-align:left;text-indent:-9pt;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">As assets</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">750&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1.3827&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,037&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1</font></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 17.5pt;text-align:left;text-indent:-9pt;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">As liabilities</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">4,100&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1.3846&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">5,677&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(36)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:1.5pt 1pt 1.5pt 11.5pt;text-align:left;text-indent:-9pt;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Net mark-to-market subsidiary equity derivative liability</font></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(35)</font></td><td style="border-top:0.5pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:1.5pt 1pt 1.5pt 11.5pt;text-align:left;text-indent:-9pt;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Virtual power purchase agreement not accounted for as a hedge&#58;</font></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 6.25pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">As liabilities</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(6)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Net mark-to-market virtual power purchase agreement liability</font></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(6)</font></td><td style="border-top:0.5pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Net mark-to-market asset</font></td><td colspan="3" style="border-bottom:1pt solid #000000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td colspan="3" style="border-bottom:1pt solid #000000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td colspan="3" style="border-bottom:1pt solid #000000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td colspan="2" style="border-bottom:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">97&#160;</font></td><td style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr></table></div><div style="text-align:justify"><font><br></font></div><div id="i0e68e03401ad4a75a6c964253f28303d_76"></div><div><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:12pt;font-weight:700;line-height:120%">Commitments and Contractual Obligations</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">See our 2025 Annual MD&#38;A for a summary of our obligations under firm contractual arrangements, including commitments for future payments under long-term debt arrangements and lease arrangements as at December 31, 2025. These are also discussed in notes 3, 19, and 32 of our 2025 Annual Audited Consolidated Financial Statements.</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Except as otherwise disclosed in this MD&#38;A, as at June&#160;30, 2026, there have been no material changes to our material contractual obligations, as identified in our 2025 Annual MD&#38;A, since December&#160;31, 2025.</font></div><div style="text-align:justify"><font><br></font></div><div id="i0e68e03401ad4a75a6c964253f28303d_79"></div><div><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:12pt;font-weight:700;line-height:120%">Regulatory Developments</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">See &#34;Regulation in our Industry&#34; in our 2025 Annual MD&#38;A for a discussion of the significant regulations that affected our operations as at March 6, 2026. The following are the relevant developments since that date.</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:700;line-height:120%">Prohibition of Fees</font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">On March 12, 2026, the Canadian Radio&#8209;television and Telecommunications Commission (CRTC) issued Telecom Regulatory Policy CRTC 2026&#8209;43,</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:120%"> Prohibition of fees that are a barrier to switching cellphone and Internet plans</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">, regarding fees incurred as a result of activating or modifying telecommunications service plans. The policy amends both the Internet Code and the Wireless Code to add a new definition of &#34;activation or modification fee&#34;, which amendments became effective on June 12, 2026. On June 30, 2026, the CRTC issued Notice of Consultation CRTC 2026-155, </font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:120%">Show cause and call for comments &#8211; Compliance with the prohibition of fees that are a barrier to switching cellphone and Internet plans</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">, requiring each of Rogers, Bell, and Telus Corporation to show cause why certain fees charged by those carriers that the CRTC believes may be in contravention of Telecom Regulatory Policy 2026-43 are not in violation of sections 24 and 27.04 of the Telecommunications Act and Telecom Regulatory Policy 2026-43. Submissions addressing the issues are due to the CRTC by July 30, 2026.</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:700;line-height:120%">CRTC Codes of Conduct</font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">On April 13, 2026, in Telecom Regulatory Policy CRTC 2026-67, </font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:120%">Enhancing customer notifications</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">, the CRTC amended the Wireless Code and the Internet Code to set out what information must be included in notices sent to customers before the end of their contract and to require notifications to customers before the end of a time-limited discount or promotion and </font></div><div style="height:45pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="margin-top:5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:32.233%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:32.233%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:32.234%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Rogers Communications Inc.</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><div style="text-align:center"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">28</font></div></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Second Quarter 2026</font></td></tr><tr><td colspan="3" style="display:none"></td></tr></table></div></div></div><hr style="page-break-after:always"><div style="min-height:45pt;width:100%"><div style="text-align:justify"><font><br></font></div></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">when their data usage reaches $50 when roaming internationally. The new requirements will come into effect on April 13, 2027.</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:700;line-height:120%">Online Streaming Act</font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">On May 21, 2026, the CRTC issued Broadcasting Regulatory Policies CRTC 2026-95 and 2026-96, which introduced (i) a new financial contribution requirement of 1.55% of annual Canadian broadcasting revenues to support a new Services of Exceptional Importance Fund (SEIF) applicable to all broadcasting ownership groups with annual revenues of at least $100 million and (ii) a new Canadian Programming Expenditures (CPE) framework. On June 3, 2026, the Government of Canada directed the CRTC to review its decision to regulate online streamers and Canadian broadcasters and stated it would be issuing new policy directions to the CRTC requiring it to adjust its implementation of the Online Streaming Act.</font></div><div style="text-align:justify"><font><br></font></div><div id="i0e68e03401ad4a75a6c964253f28303d_82"></div><div><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:12pt;font-weight:700;line-height:120%">Updates to Risks and Uncertainties</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">See &#34;Risk Management&#34; and &#34;Regulation in our Industry&#34; in our 2025 Annual MD&#38;A for a discussion of the principal risks and uncertainties that could have a material adverse effect on our business and financial results as at March 6, 2026, which should be reviewed in conjunction with this MD&#38;A. The following updates and supplements those risks and uncertainties.</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:700;line-height:120%">Monetization of sports, media, and entertainment assets</font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">We intend to sell a minority interest in Rogers Sports after obtaining a 100% ownership interest in MLSE (see &#34;Update on sports and entertainment assets&#34;). While we believe there is a significant market for these assets, there is no guarantee we will be successful in selling a minority interest, whether at the expected investment amount, within the anticipated timing, or at all. Such a sale would also require approval from the various leagues governing our professional sports teams, which is not guaranteed. We may not proceed with, or complete, any sale of a minority interest in Rogers Sports, whether at the expected investment amount, within the anticipated timing, or at all, due to alternative opportunities or requirements, general economic and market conditions, or other internal or external considerations.</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:700;line-height:120%">Sports franchises</font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">After obtaining a 100% ownership interest in MLSE (see &#34;Update on sports and entertainment assets&#34;), our exposure to risks associated with owning and operating sports franchises will increase. </font></div><div style="text-align:justify"><font><br></font></div><div id="i0e68e03401ad4a75a6c964253f28303d_85"></div><div><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:12pt;font-weight:700;line-height:120%">Material Accounting Policies and Estimates</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">See our 2025 Annual MD&#38;A and our 2025 Annual Audited Consolidated Financial Statements and notes thereto for a discussion of the accounting policies and estimates that are critical to the understanding of our business operations and the results of our operations.</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:700;line-height:120%">New accounting pronouncements adopted in 2026</font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">We adopted the following IFRS amendments in 2026. They did not have a material effect on our consolidated financial statements.</font></div><div style="padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:13.5pt">Amendments to IFRS 9, </font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:120%">Financial Instruments</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%"> and IFRS 7, </font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:120%">Financial Instruments&#58; Disclosures, </font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">clarifying both the classification of financial assets linked to environmental, social, and governance as well as the timing in which a financial asset or financial liability is derecognized when using electronic payment systems.</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:120%"> </font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:700;line-height:120%">Recent accounting pronouncements not yet adopted</font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">The IASB has not issued any new or amended accounting pronouncements in 2026.</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">The IASB has issued the following new standard that will become effective in future years&#58;</font></div><div style="padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:13.5pt">IFRS 18, </font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:120%">Presentation and Disclosure in Financial Statements </font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">(replacing IAS 1, </font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:120%">Presentation of Financial Statements</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">), with an aim to improve the structure and content of the primary financial statements and comparability between issuers (January 1, 2027). The focus of IFRS 18 is on presentation in the statement of income by requiring income and expenses to be classified into operating, investing, and financing categories. The main business activities of a company drive classification of income and expense into appropriate categories and further disaggregation of operating expense line items will be required in the statement of income. It also introduces defined subtotals of &#34;operating profit&#34; and &#34;profit before financing and income taxes&#34; in the statement of income to improve comparability between companies. Impacts on the statement of cash flows include eliminating classification options for interest and dividend receipts (must be classified as investing) and payments (must be classified as financing). In addition, IFRS 18 provides guidance on the disclosure of &#34;management-defined performance measures&#34; in relation to the statement of income, including reconciliation requirements.</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">We are continuing to assess the impacts IFRS 18 will have on our consolidated financial statements. We expect our consolidated statements of income will be presented differently under IFRS 18 and there will be recategorizations of certain line items in the statements of income and statements of cash flows. </font></div><div style="text-align:justify"><font><br></font></div><div style="height:45pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="margin-top:5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:32.233%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:32.233%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:32.234%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Rogers Communications Inc.</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><div style="text-align:center"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">29</font></div></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Second Quarter 2026</font></td></tr><tr><td colspan="3" style="display:none"></td></tr></table></div></div></div><hr style="page-break-after:always"><div style="min-height:45pt;width:100%"><div style="text-align:justify"><font><br></font></div></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:700;line-height:120%">Transactions with related parties</font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">We have entered into business transactions with Dream Unlimited Corp. (Dream), which is controlled by our Director Michael J. Cooper. Dream is a real estate company that rents spaces in office and residential buildings. Total amounts paid to this related party were nominal for the three and six months ended June&#160;30, 2026 and 2025.</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">We have also entered into certain transactions with our controlling shareholder and companies it controls. These transactions are subject to formal agreements approved by the Audit and Risk Committee. Total amounts paid to these related parties were less than $1 million for the three and six months ended June&#160;30, 2026 and 2025.</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">We have also entered into certain transactions with the Shaw Family Group. Total transactions with the Shaw Family Group during the three and six months ended June 30, 2026 and 2025 were less than $1&#160;million.</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">In addition, we assumed a liability through the Shaw Transaction related to a legacy pension arrangement with one of our directors whereby the director will be paid $1 million per month until March 2035, $3 million and $6 million of which was paid during the three and six months ended June 30, 2026, respectively. The remaining liability of $79 million is included in &#34;accounts payable and accrued liabilities&#34; (for the amount to be paid within the next twelve months) or &#34;other long-term liabilities&#34;.</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">We recognized these transactions at the amounts agreed to by the related parties, which were also approved by the Audit and Risk Committee. The amounts owing for these services were unsecured, interest-free, and generally due for payment in cash within one month of the date of the transaction.</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:700;line-height:120%">Controls and procedures</font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">In accordance with the provisions of National Instrument 52-109 - </font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:120%">Certification of Disclosure in Issuers' Annual and Interim Filings</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">, our Chief Executive Officer and Chief Financial Officer have limited the scope of their design of our disclosure controls and procedures and internal control over financial reporting to exclude the controls, policies, and procedures of MLSE, which we acquired on July 1, 2025. In our consolidated financial statements for the three and six months ended June 30, 2026, MLSE contributed approximately $0.31 billion and $0.79 billion, respectively, of consolidated revenue and net income of approximately $36 million and $14 million, respectively. Additionally, as at June 30, 2026, MLSE's current assets and current liabilities represented approximately 4% and 5% of our consolidated current assets and current liabilities, respectively, and MLSE's non-current assets and non-current liabilities represented approximately 3% and 1% of our consolidated non-current assets and non-current liabilities, respectively. The design of the disclosure controls and procedures and internal control over financial reporting of MLSE will be completed for the third quarter of 2026.</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:700;line-height:120%">Seasonality</font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Our operating results generally vary from quarter to quarter as a result of changes in general economic conditions and seasonal fluctuations, among other things, in each of our reportable segments. This means our results in one quarter are not necessarily indicative of how we will perform in a future quarter. Wireless, Cable, and Media each have unique seasonal aspects to, and certain other historical trends in, their businesses. For specific discussions of the seasonal trends affecting our reportable segments, refer to our 2025 Annual MD&#38;A.</font></div><div style="text-align:justify"><font><br></font></div><div id="i0e68e03401ad4a75a6c964253f28303d_1194"></div><div><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:12pt;font-weight:700;line-height:120%">Financial Guidance</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">On April 22, 2026, concurrently with the release of our first quarter 2026 results, we updated our consolidated guidance ranges for select full-year 2026 financial metrics that were originally provided on January 29, 2026 as a direct reflection of the ongoing impacts from heightened competitive intensity and recent regulatory decisions. This press release is available under Rogers' profile on SEDAR+ at sedarplus.ca and on EDGAR at sec.gov.</font></div><div style="text-align:justify"><font><br></font></div><div id="i0e68e03401ad4a75a6c964253f28303d_88"></div><div><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:12pt;font-weight:700;line-height:120%">Key Performance Indicators</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">We measure the success of our strategy using a number of key performance indicators that are defined and discussed in our 2025 Annual MD&#38;A and this MD&#38;A. We believe these key performance indicators allow us to appropriately measure our performance against our operating strategy and against the results of our peers and competitors. The following key performance indicators, some of which are supplementary financial measures (see &#34;Non-GAAP and Other Financial Measures&#34;), are not measurements in accordance with IFRS. They include&#58;</font></div><div style="width:100.000%"><div style="display:inline-block;vertical-align:top;width:46.846%"><div style="padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:13.5pt">subscriber counts&#59;</font></div><div style="padding-left:36pt;text-align:justify;text-indent:-18pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:13.5pt">Wireless&#59;</font></div><div style="padding-left:36pt;text-align:justify;text-indent:-18pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:13.5pt">Cable&#59; and</font></div><div style="padding-left:36pt;text-align:justify;text-indent:-18pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:13.5pt">homes passed (Cable)&#59;</font></div><div style="padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:13.5pt">Wireless subscriber churn (churn)&#59;</font></div><div style="padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:13.5pt">Wireless mobile phone average revenue per user<br>(ARPU)&#59;</font></div></div><div style="display:inline-block;max-width:6.306%;min-width:5.306%;vertical-align:top"></div><div style="display:inline-block;vertical-align:top;width:46.848%"><div style="padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:13.5pt">Cable average revenue per account (ARPA)&#59;</font></div><div style="padding-left:18pt;text-indent:-18pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:13.5pt">Cable customer relationships&#59;</font></div><div style="padding-left:18pt;text-indent:-18pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:13.5pt">Cable market penetration (penetration)&#59;</font></div><div style="padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:13.5pt">capital intensity&#59; and</font></div><div style="padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:13.5pt">total service revenue.</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font><br></font></div></div></div><div style="height:45pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="margin-top:5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:32.233%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:32.233%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:32.234%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Rogers Communications Inc.</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><div style="text-align:center"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">30</font></div></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Second Quarter 2026</font></td></tr><tr><td colspan="3" style="display:none"></td></tr></table></div></div></div><div id="i0e68e03401ad4a75a6c964253f28303d_91"></div><hr style="page-break-after:always"><div style="min-height:45pt;width:100%"><div style="text-align:justify"><font><br></font></div></div><div><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:12pt;font-weight:700;line-height:120%">Non-GAAP and Other Financial Measures</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">We use the following &#34;non-GAAP financial measures&#34; and other &#34;specified financial measures&#34; (each within the meaning of applicable Canadian securities law). These are reviewed regularly by management and the Board in assessing our performance and making decisions regarding the ongoing operations of our business and its ability to generate cash flows. Some or all of these measures may also be used by investors, lending institutions, and credit rating agencies as indicators of our operating performance, of our ability to incur and service debt, and as measurements to value companies in the telecommunications sector. These are not standardized measures under IFRS, so may not be reliable ways to compare us to other companies. </font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.849%"><tr><td style="width:1.0%"></td><td style="width:13.486%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:2.356%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.551%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:33.035%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:33.035%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.737%"></td><td style="width:0.1%"></td></tr><tr><td colspan="18" style="border-left:0.5pt solid #000000;border-right:0.5pt solid #000000;border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:center;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Non-GAAP financial measures</font></td></tr><tr><td colspan="3" style="border-left:0.5pt solid #000000;border-top:0.5pt solid #000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:100%">Specified financial measure</font></td><td colspan="9" style="border-left:0.5pt solid #000000;border-top:0.5pt solid #000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:100%">How it is useful</font></td><td colspan="3" style="border-left:0.5pt solid #000000;border-top:0.5pt solid #000;padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:100%">How we calculate it</font></td><td colspan="3" style="border-left:0.5pt solid #000;border-right:0.5pt solid #000;border-top:0.5pt solid #000;padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:100%">Most directly<br>comparable<br>IFRS&#160;financial<br>measure</font></td></tr><tr><td colspan="3" style="border-left:0.5pt solid #000000;border-top:0.5pt solid #000000;padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Adjusted net<br>income</font></td><td colspan="3" style="border-left:0.5pt solid #000;border-top:0.5pt solid #000;padding:1.5pt 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:6pt;font-weight:400;line-height:100%">&#9679;</font></td><td colspan="3" style="border-top:0.5pt solid #000;padding:1.5pt 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td colspan="3" style="border-top:0.5pt solid #000;padding:1.5pt 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">To assess the performance of our businesses before the effects of the noted items, because they affect the comparability of our financial results and could potentially distort the analysis of trends in business performance. Excluding these items does not imply that they are non-recurring.</font></td><td colspan="3" style="border-left:0.5pt solid #000;border-top:0.5pt solid #000;padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Net (loss) income add (deduct) restructuring, acquisition and other&#59; loss (recovery) on sale or wind down of investments&#59; loss (gain) on disposition of property, plant and equipment&#59; (gain) on acquisitions&#59; loss on non-controlling interest purchase obligations&#59; loss on repayment of long-term debt&#59; loss on bond forward derivatives&#59; change in fair value of subsidiary equity derivative instruments&#59; depreciation and amortization on fair value increment of Shaw Transaction-related assets&#59; and income tax adjustments on these items, including adjustments as a result of legislative or other tax rate changes.</font></td><td colspan="3" style="border-left:0.5pt solid #000;border-right:0.5pt solid #000;border-top:0.5pt solid #000;padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Net income (loss)</font></td></tr><tr><td colspan="3" style="border-left:0.5pt solid #000;border-top:0.5pt solid #000;padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Adjusted net income attributable to RCI shareholders</font></td><td colspan="3" style="border-left:0.5pt solid #000;border-top:0.5pt solid #000;padding:1.5pt 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:6pt;font-weight:400;line-height:100%">&#9679;</font></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:1.5pt 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">To assess the performance of our businesses before the effects of the noted items, because they affect the comparability of our financial results and could potentially distort the analysis of trends in business performance. Excluding these items does not imply that they are non-recurring.</font></td><td colspan="3" style="border-left:0.5pt solid #000;border-top:0.5pt solid #000;padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Net (loss) income attributable to RCI shareholders add (deduct) restructuring, acquisition and other&#59; loss (recovery) on sale or wind down of investments&#59; loss (gain) on disposition of property, plant and equipment&#59; (gain) on acquisitions&#59; loss on non-controlling interest purchase obligations&#59; loss on repayment of long-term debt&#59; loss on bond forward derivatives&#59; change in fair value of subsidiary equity derivative instruments&#59; depreciation and amortization on fair value increment of Shaw Transaction-related assets&#59; revaluation of subsidiary US dollar-denominated balances&#59; and income tax adjustments on these items, including adjustments as a result of legislative or other tax rate changes.</font></td><td colspan="3" style="border-left:0.5pt solid #000;border-right:0.5pt solid #000000;border-top:0.5pt solid #000;padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Net income (loss) attributable to RCI shareholders</font></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #000;border-left:0.5pt solid #000;border-top:0.5pt solid #000;padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Pro forma trailing 12-month adjusted EBITDA</font></td><td colspan="3" style="border-bottom:0.5pt solid #000;border-left:0.5pt solid #000;border-top:0.5pt solid #000;padding:1.5pt 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:6pt;font-weight:400;line-height:100%">&#9679;</font></td><td colspan="3" style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:1.5pt 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">To illustrate the results of a combined Rogers and MLSE as if the MLSE Transaction had closed at the beginning of the applicable trailing 12-month period.</font></td><td colspan="3" style="border-bottom:0.5pt solid #000;border-left:0.5pt solid #000;border-top:0.5pt solid #000;padding:1.5pt 1pt;text-align:left;vertical-align:top"><div style="padding-left:0.75pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Trailing 12-month adjusted EBITDA</font></div><div style="padding-left:0.75pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">add</font></div><div style="padding-left:0.75pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">MLSE adjusted EBITDA - January to June 2025</font></div></td><td colspan="3" style="border-bottom:0.5pt solid #000;border-left:0.5pt solid #000;border-right:0.5pt solid #000000;border-top:0.5pt solid #000;padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Trailing 12-month adjusted EBITDA</font></td></tr></table></div><div style="margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:13.464%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:2.352%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.550%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:32.984%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:31.933%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:13.917%"></td><td style="width:0.1%"></td></tr><tr><td colspan="18" style="border-bottom:0.5pt solid #000;border-left:0.5pt solid #000000;border-right:0.5pt solid #000000;border-top:0.5pt solid #000;padding:1.5pt 1pt;text-align:center;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Non-GAAP ratios</font></td></tr><tr><td colspan="3" style="border-left:0.5pt solid #000000;border-right:0.5pt solid #000000;border-top:0.5pt solid #000;padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:100%">Specified financial measure</font></td><td colspan="9" style="border-top:0.5pt solid #000;padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:100%">How it is useful</font></td><td colspan="6" style="border-bottom:0.5pt solid #000000;border-left:0.5pt solid #000000;border-right:0.5pt solid #000000;border-top:0.5pt solid #000;padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:100%">How we calculate it</font></td></tr><tr><td colspan="3" style="border-left:0.5pt solid #000;border-top:0.5pt solid #000000;padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Adjusted basic<br>earnings per<br>share<br></font><font style="font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%"><br></font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Adjusted diluted<br>earnings per<br>share</font></td><td colspan="3" style="border-left:0.5pt solid #000000;border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:6pt;font-weight:400;line-height:100%">&#9679;</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-right:0.5pt solid #000;border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">To assess the performance of our businesses before the effects of the noted items, because they affect the comparability of our financial results and could potentially distort the analysis of trends in business performance. Excluding these items does not imply that they are non-recurring.</font></td><td colspan="6" style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000;border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:left;vertical-align:top"><div style="padding-left:0.75pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Adjusted net income attributable to RCI shareholders</font></div><div style="padding-left:0.75pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">divided by</font></div><div style="padding-left:0.75pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">basic weighted average shares outstanding.</font></div><div style="padding-left:0.75pt"><font><br></font></div><div style="padding-left:0.75pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Adjusted net income attributable to RCI shareholders including the dilutive effect of stock-based compensation</font></div><div style="padding-left:0.75pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">divided by</font></div><div style="padding-left:0.75pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">diluted weighted average shares outstanding.</font></div></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #000000;border-left:0.5pt solid #000;border-top:0.5pt solid #000000;padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Pro forma debt leverage ratio</font></td><td colspan="3" style="border-bottom:0.5pt solid #000000;border-left:0.5pt solid #000000;border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:6pt;font-weight:400;line-height:100%">&#9679;</font></td><td colspan="3" style="border-bottom:0.5pt solid #000000;border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-bottom:0.5pt solid #000000;border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:left;vertical-align:top"><div><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">We believe this helps investors and analysts analyze our ability to service our debt obligations, with the results of a combined Rogers and MLSE as if the MLSE Transaction had closed at the beginning of the applicable trailing 12-month period.</font></div></td><td colspan="6" style="border-bottom:0.5pt solid #000000;border-left:0.5pt solid #000;border-right:0.5pt solid #000;border-top:0.5pt solid #000000;padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Adjusted net debt<br>divided by<br>pro forma trailing 12-month adjusted EBITDA</font></td></tr></table></div><div style="margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:14.065%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.866%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.866%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.866%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.866%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.871%"></td><td style="width:0.1%"></td></tr><tr><td colspan="18" style="border-bottom:0.5pt solid #000;border-left:0.5pt solid #000000;border-right:0.5pt solid #000;border-top:0.5pt solid #000;padding:1.5pt 1pt;text-align:center;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Total of segments measures</font></td></tr><tr><td colspan="3" style="border-left:0.5pt solid #000000;border-top:0.5pt solid #000;padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:100%">Specified financial measure</font></td><td colspan="15" style="border-bottom:0.5pt solid #000000;border-left:0.5pt solid #000000;border-right:0.5pt solid #000;border-top:0.5pt solid #000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:100%">Most directly comparable IFRS&#160;financial measure</font></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #000;border-left:0.5pt solid #000;border-top:0.5pt solid #000000;padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Adjusted EBITDA</font></td><td colspan="15" style="border-bottom:0.5pt solid #000;border-left:0.5pt solid #000;border-right:0.5pt solid #000;border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:left;vertical-align:top"><div><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Net income</font></div></td></tr></table></div><div style="height:45pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="margin-top:5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:32.233%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:32.233%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:32.234%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Rogers Communications Inc.</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><div style="text-align:center"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">31</font></div></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Second Quarter 2026</font></td></tr><tr><td colspan="3" style="display:none"></td></tr></table></div></div></div><hr style="page-break-after:always"><div style="min-height:45pt;width:100%"><div style="text-align:justify"><font><br></font></div></div><div style="margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:14.065%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:2.352%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.550%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:80.433%"></td><td style="width:0.1%"></td></tr><tr><td colspan="12" style="border-bottom:0.5pt solid #000;border-left:0.5pt solid #000000;border-right:0.5pt solid #000;border-top:0.5pt solid #000;padding:1.5pt 1pt;text-align:center;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Capital management measures</font></td></tr><tr><td colspan="3" style="border-left:0.5pt solid #000000;border-top:0.5pt solid #000;padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:100%">Specified financial measure</font></td><td colspan="9" style="border-left:0.5pt solid #000000;border-right:0.5pt solid #000;border-top:0.5pt solid #000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:100%">How it is useful</font></td></tr><tr style="height:20pt"><td colspan="3" rowspan="2" style="border-left:0.5pt solid #000;border-top:0.5pt solid #000000;padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Free cash flow</font></td><td colspan="3" style="border-left:0.5pt solid #000;border-top:0.5pt solid #000;padding:1.5pt 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:6pt;font-weight:400;line-height:100%">&#9679;</font></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-right:0.5pt solid #000;border-top:0.5pt solid #000;padding:1.5pt 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">To show how much cash we generate that is available to repay debt and reinvest in our company, which is an important indicator of our financial strength and performance.</font></td></tr><tr style="height:12pt"><td colspan="3" style="border-left:0.5pt solid #000;padding:1.5pt 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:6pt;font-weight:400;line-height:100%">&#9679;</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-right:0.5pt solid #000;padding:1.5pt 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">We believe that some investors and analysts use free cash flow to value a business and its underlying assets.</font></td></tr><tr><td colspan="3" style="border-left:0.5pt solid #000;border-top:0.5pt solid #000;padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Adjusted net debt</font></td><td colspan="3" style="border-left:0.5pt solid #000;border-top:0.5pt solid #000;padding:1.5pt 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:6pt;font-weight:400;line-height:100%">&#9679;</font></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-right:0.5pt solid #000;border-top:0.5pt solid #000;padding:1.5pt 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">We believe this helps investors and analysts analyze our debt and cash balances while taking into account the economic impact of debt derivatives on our US dollar-denominated debt.</font></td></tr><tr><td colspan="3" style="border-left:0.5pt solid #000;border-top:0.5pt solid #000;padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Debt leverage ratio</font></td><td colspan="3" style="border-left:0.5pt solid #000;border-top:0.5pt solid #000;padding:1.5pt 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:6pt;font-weight:400;line-height:100%">&#9679;</font></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-right:0.5pt solid #000;border-top:0.5pt solid #000;padding:1.5pt 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">We believe this helps investors and analysts analyze our ability to service our debt obligations.</font></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #000;border-left:0.5pt solid #000;border-top:0.5pt solid #000000;padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Available liquidity</font></td><td colspan="3" style="border-bottom:0.5pt solid #000;border-left:0.5pt solid #000;border-top:0.5pt solid #000;padding:1.5pt 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:6pt;font-weight:400;line-height:100%">&#9679;</font></td><td colspan="3" style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-bottom:0.5pt solid #000;border-right:0.5pt solid #000;border-top:0.5pt solid #000;padding:1.5pt 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">To help determine if we are able to meet all of our commitments, to execute our business plan, and to mitigate the risk of economic downturns.</font></td></tr></table></div><div style="margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:14.065%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:83.735%"></td><td style="width:0.1%"></td></tr><tr><td colspan="6" style="border-left:0.5pt solid #000000;border-right:0.5pt solid #000;border-top:0.5pt solid #000;padding:1.5pt 1pt;text-align:center;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Supplementary financial measures</font></td></tr><tr><td colspan="3" style="border-left:0.5pt solid #000000;border-top:0.5pt solid #000;padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:100%">Specified financial measure</font></td><td colspan="3" style="border-left:0.5pt solid #000000;border-right:0.5pt solid #000;border-top:0.5pt solid #000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:100%">How we calculate it</font></td></tr><tr><td colspan="3" style="border-left:0.5pt solid #000;border-top:0.5pt solid #000000;padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Adjusted EBITDA margin</font></td><td colspan="3" style="border-left:0.5pt solid #000;border-right:0.5pt solid #000;border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Adjusted EBITDA<br>divided by<br>revenue.</font></td></tr><tr><td colspan="3" style="border-left:0.5pt solid #000;border-top:0.5pt solid #000;padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Wireless mobile phone average revenue per user (ARPU)</font></td><td colspan="3" style="border-left:0.5pt solid #000;border-right:0.5pt solid #000;border-top:0.5pt solid #000;padding:1.5pt 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Wireless service revenue <br>divided by <br>average total number of Wireless mobile phone subscribers for the relevant period.</font></td></tr><tr><td colspan="3" style="border-left:0.5pt solid #000;border-top:0.5pt solid #000;padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Cable average revenue per account (ARPA)</font></td><td colspan="3" style="border-left:0.5pt solid #000;border-right:0.5pt solid #000;border-top:0.5pt solid #000;padding:1.5pt 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Cable service revenue <br>divided by <br>average total number of customer relationships for the relevant period.</font></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #000;border-left:0.5pt solid #000;border-top:0.5pt solid #000;padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Capital intensity</font></td><td colspan="3" style="border-bottom:0.5pt solid #000;border-left:0.5pt solid #000;border-right:0.5pt solid #000;border-top:0.5pt solid #000;padding:1.5pt 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Capital expenditures <br>divided by <br>revenue.</font></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr></table></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:700;line-height:120%">Reconciliation of adjusted EBITDA</font></div><div style="margin-top:5pt;text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:42.293%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.863%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.863%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.550%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.863%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.868%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 13pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;&#160;</font></td><td colspan="6" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Three months ended June 30</font></td><td colspan="3" style="border-right:0.5pt solid #000000;border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="6" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Six months ended June 30</font></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(In millions of dollars)</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2026</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2025</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2026</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2025</font></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Net (loss) income</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(665)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">148&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(183)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">428&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Add (deduct)&#58;</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 6.25pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Income tax expense</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">148</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">173&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">321</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">273&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 6.25pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Finance costs</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">565</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">628&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">1,008</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,207&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 6.25pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Depreciation and amortization</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">1,194</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,184&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2,415</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2,350&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">EBITDA</font></td><td colspan="2" style="border-top:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">1,242</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="border-top:0.5pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-top:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2,133&#160;</font></td><td style="border-top:0.5pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000;border-top:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">3,561</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="border-top:0.5pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-top:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">4,258&#160;</font></td><td style="border-top:0.5pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Add (deduct)&#58;</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 6.25pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Other expense (income)</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">1,019</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(9)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">1,015</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(7)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 6.25pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted 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style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">260</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">365&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><div style="padding-left:5.25pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Gain on disposition of assets</font></div></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(30)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(30)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-bottom:1pt solid #000;padding:1.5pt 1pt 1.5pt 10pt;text-align:left;text-indent:-9pt;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Adjusted EBITDA</font></td><td colspan="2" style="border-bottom:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2,442</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="border-bottom:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-bottom:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2,362&#160;</font></td><td style="border-bottom:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="border-bottom:1pt solid #000;padding:0 1pt"></td><td colspan="2" style="border-bottom:1pt solid #000;border-left:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">4,806</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="border-bottom:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-bottom:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">4,616&#160;</font></td><td style="border-bottom:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr></table></div><div style="text-align:justify"><font><br></font></div><div style="height:45pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="margin-top:5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:32.233%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:32.233%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:32.234%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Rogers Communications Inc.</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><div style="text-align:center"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">32</font></div></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Second Quarter 2026</font></td></tr><tr><td colspan="3" style="display:none"></td></tr></table></div></div></div><hr style="page-break-after:always"><div style="min-height:45pt;width:100%"><div style="text-align:justify"><font><br></font></div></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:700;line-height:120%">Reconciliation of adjusted net income</font></div><div style="margin-top:5pt;text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:42.293%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.863%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.863%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.550%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.863%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.868%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;&#160;</font></td><td colspan="6" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Three months ended June 30</font></td><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="6" style="border-left:0.5pt solid #000000;border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Six months ended June 30</font></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(In millions of dollars)</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2026</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2025</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2026</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2025</font></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Net (loss) income</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(665)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">148&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(183)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">428&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Add (deduct)&#58;</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 14.5pt;text-align:left;text-indent:-9pt;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Restructuring, acquisition and other</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">211</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">238&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">260</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">365&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 14.5pt;text-align:left;text-indent:-9pt;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Change in fair value of subsidiary equity derivative instruments</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(16)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">93&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(121)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">93&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 14.5pt;text-align:left;text-indent:-9pt;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Depreciation and amortization on fair value increment of Shaw Transaction-related assets</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">172</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">212&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">353</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">441&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 14.5pt;text-align:left;text-indent:-9pt;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Loss on revaluation of MLSE put liability</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">1,034</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">1,034</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 14.5pt;text-align:left;text-indent:-9pt;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Gain on disposition of assets</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(30)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(30)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 6.25pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Income tax impact of above items</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(73)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(59)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(130)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(152)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000;border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-bottom:1pt solid #000;padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Adjusted net income</font></td><td colspan="2" style="border-bottom:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">633</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="border-bottom:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-bottom:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">632&#160;</font></td><td style="border-bottom:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="border-bottom:1pt solid #000;padding:0 1pt"></td><td colspan="2" style="border-bottom:1pt solid #000;border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">1,183</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="border-bottom:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-bottom:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,175&#160;</font></td><td style="border-bottom:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr></table></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:700;line-height:120%">Reconciliation of pro forma trailing 12-month adjusted EBITDA</font></div><div style="margin-top:5pt;text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:84.936%"></td><td style="width:0.1%"></td><td colspan="3" style="display:none"></td><td style="width:1.0%"></td><td style="width:12.864%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;&#160;</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">As at <br>December 31</font></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(In millions of dollars)</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2025</font></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Trailing 12-month adjusted EBITDA </font></td><td colspan="3" style="display:none"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">9,820&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Add (deduct)&#58;</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 7.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">MLSE adjusted EBITDA - January to June 2025</font></td><td colspan="3" style="display:none"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">166&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Pro forma trailing 12-month adjusted EBITDA</font></td><td colspan="3" style="display:none"></td><td colspan="2" style="border-bottom:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">9,986&#160;</font></td><td style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr></table></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:700;line-height:120%">Reconciliation of adjusted net income attributable to RCI shareholders</font></div><div style="margin-top:5pt;text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:42.293%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.863%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.863%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.550%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.863%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.868%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;&#160;</font></td><td colspan="6" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Three months ended June 30</font></td><td colspan="3" style="border-right:0.5pt solid #000000;border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="6" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Six months ended June 30</font></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(In millions of dollars)</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2026</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2025</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2026</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2025</font></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Net (loss) income attributable to RCI shareholders</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(726)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">157&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(288)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">437&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Add (deduct)&#58;</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 14.5pt;text-align:left;text-indent:-9pt;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Restructuring, acquisition and other</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">211</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">238&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">260</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">365&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><div style="padding-left:13.5pt;text-indent:-9pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Change in fair value of subsidiary equity derivative instruments</font></div></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(16)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">93&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(121)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">93&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 14.5pt;text-align:left;text-indent:-9pt;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Depreciation and amortization on fair value increment of Shaw Transaction-related assets</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">172</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">212&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">353</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">441&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 14.5pt;text-align:left;text-indent:-9pt;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Loss on revaluation of MLSE put liability</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">1,034</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">1,034</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 14.5pt;text-align:left;text-indent:-9pt;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Gain on disposition of assets</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(30)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(30)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><div style="padding-left:13.5pt;text-indent:-9pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Revaluation of subsidiary US dollar-denominated balances </font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:5.2pt;font-weight:400;line-height:100%;position:relative;top:-2.8pt;vertical-align:baseline">1</font></div></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">80</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(21)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">131</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(21)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 6.25pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Income tax impact of above items</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(85)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(59)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(149)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(152)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000;border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-bottom:1pt solid #000000;padding:1.5pt 1pt;text-align:left;vertical-align:top"><div style="padding-left:0.75pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Adjusted net income attributable to RCI shareholders</font></div></td><td colspan="2" style="border-bottom:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">640</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-bottom:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">620&#160;</font></td><td style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="border-bottom:1pt solid #000000;padding:0 1pt"></td><td colspan="2" style="border-bottom:1pt solid #000000;border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">1,190</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-bottom:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,163&#160;</font></td><td style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr></table></div><div style="margin-top:3pt;padding-left:4.5pt;text-align:justify;text-indent:-4.5pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">1</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:120%">&#160;&#160;&#160;&#160;Reflects RCI's share of the impacts of foreign exchange revaluation on US dollar-denominated intercompany balances in BNSI, our non-wholly owned subsidiary formed in connection with the network transaction. These impacts are eliminated on consolidation.</font></div><div style="margin-top:3pt;padding-left:4.5pt;text-align:justify;text-indent:-4.5pt"><font><br></font></div><div style="height:45pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="margin-top:5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:32.233%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:32.233%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:32.234%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Rogers Communications Inc.</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><div style="text-align:center"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">33</font></div></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Second Quarter 2026</font></td></tr><tr><td colspan="3" style="display:none"></td></tr></table></div></div></div><hr style="page-break-after:always"><div style="min-height:45pt;width:100%"><div style="text-align:justify"><font><br></font></div></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:700;line-height:120%">Reconciliation of free cash flow</font></div><div style="margin-top:3pt;padding-left:4.5pt;text-align:justify;text-indent:-4.5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:43.194%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.863%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.863%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.851%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.263%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.266%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;&#160;</font></td><td colspan="6" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Three months ended June 30</font></td><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="6" style="border-left:0.5pt solid #000000;border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Six months ended June 30</font></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(In millions of dollars)</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2026</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2025</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000;border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2026</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2025</font></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Cash provided by operating activities</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">1,517</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,596&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">3,012</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2,892&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Add (deduct)&#58;</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 6.25pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Capital expenditures</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(695)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(831)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(1,503)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(1,809)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 6.25pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Interest on borrowings, net and capitalized interest</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(494)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(480)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(970)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(982)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 6.25pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Interest paid</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">456</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">395&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">1,008</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">990&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 6.25pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Restructuring, acquisition and other</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">211</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">238&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">260</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">365&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 6.25pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Program rights amortization</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(33)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(31)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(86)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(50)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 6.25pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Change in net operating assets and liabilities</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">160</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">28&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">319</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">111&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 14.5pt;text-align:left;text-indent:-9pt;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Distributions paid by subsidiaries to non-controlling interests</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(117)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(233)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 14.5pt;text-align:left;text-indent:-9pt;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Net cash proceeds on subsidiary equity derivatives</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">12</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">24</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 6.25pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Post-employment benefit contributions, net of expense</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(18)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(19)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(34)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(36)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 6.25pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Cash flows relating to other operating activities</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(16)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">38&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(37)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">35&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 6.25pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Other investment income</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(1)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(9)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(2)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(5)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-bottom:1pt solid #000;padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Free cash flow</font></td><td colspan="2" style="border-bottom:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">982</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="border-bottom:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-bottom:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">925&#160;</font></td><td style="border-bottom:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="border-bottom:1pt solid #000;padding:0 1pt"></td><td colspan="2" style="border-bottom:1pt solid #000;border-left:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">1,758</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="border-bottom:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-bottom:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,511&#160;</font></td><td style="border-bottom:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr></table></div><div style="margin-top:3pt;padding-left:4.5pt;text-align:justify;text-indent:-4.5pt"><font><br></font></div><div style="height:45pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="margin-top:5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:32.233%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:32.233%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:32.234%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Rogers Communications Inc.</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><div style="text-align:center"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">34</font></div></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Second Quarter 2026</font></td></tr><tr><td colspan="3" style="display:none"></td></tr></table></div></div></div><div id="i0e68e03401ad4a75a6c964253f28303d_97"></div><hr style="page-break-after:always"><div style="min-height:45pt;width:100%"><div style="text-align:justify"><font><br></font></div></div><div><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:12pt;font-weight:700;line-height:120%">Other Information</font></div><div style="text-align:justify"><font><br></font></div><div id="i0e68e03401ad4a75a6c964253f28303d_100"></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:700;line-height:120%">Consolidated financial results - quarterly summary</font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Below is a summary of our consolidated results for the past eight quarters.</font></div><div style="margin-top:5pt;padding-left:4.5pt;text-align:justify;text-indent:-4.5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:98.198%"><tr><td style="width:1.0%"></td><td style="width:44.618%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.627%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:4.863%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.411%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.627%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.627%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.627%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.627%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.411%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.627%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.635%"></td><td style="width:0.1%"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#160;</font></td><td colspan="6" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:700;line-height:100%">2026</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="12" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">2025</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="6" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">2024</font></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">(In millions of dollars, except per share amounts)</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:700;line-height:100%">Q2</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">Q1</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">Q4</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">Q3</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">Q2</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">Q1</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">Q4</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">Q3</font></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#160;</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">Revenue</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 7.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">Wireless</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:700;line-height:100%">2,540</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">2,591&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">2,970&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">2,661&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">2,540&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">2,544&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">2,981&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">2,620&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 7.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">Cable</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:700;line-height:100%">1,984</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">1,948&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">1,984&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">1,981&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">1,968&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">1,935&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">1,983&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">1,970&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 7.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">Media</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:700;line-height:100%">1,155</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">988&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">1,236&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">753&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">757&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">542&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">547&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">597&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 7.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">Corporate items and intercompany eliminations</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:700;line-height:100%">(64)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">(45)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">(18)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">(47)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">(49)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">(45)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">(30)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">(58)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">Total revenue</font></td><td colspan="2" style="border-top:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:700;line-height:100%">5,615</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#160;</font></td><td style="border-top:0.5pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">5,482&#160;</font></td><td style="border-top:0.5pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">6,172&#160;</font></td><td style="border-top:0.5pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-top:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">5,348&#160;</font></td><td style="border-top:0.5pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-top:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">5,216&#160;</font></td><td style="border-top:0.5pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-top:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">4,976&#160;</font></td><td style="border-top:0.5pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">5,481&#160;</font></td><td style="border-top:0.5pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-top:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">5,129&#160;</font></td><td style="border-top:0.5pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 10pt;text-align:left;text-indent:-9pt;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">Total service revenue</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:700;line-height:100%">5,055</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">4,912&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">5,250&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">4,739&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">4,668&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">4,447&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">4,543&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">4,567&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#160;</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">Adjusted EBITDA</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 7.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">Wireless</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:700;line-height:100%">1,313</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">1,323&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">1,374&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">1,374&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">1,305&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">1,311&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">1,367&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">1,365&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 7.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">Cable</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:700;line-height:100%">1,158</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">1,122&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">1,177&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">1,153&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">1,147&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">1,108&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">1,169&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">1,133&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 7.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">Media</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:700;line-height:100%">69</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">221&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">75&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">8&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">(63)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">55&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">136&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 7.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">Corporate items and intercompany eliminations</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:700;line-height:100%">(98)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">(81)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">(83)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">(87)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">(98)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">(102)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">(58)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:left;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">(89)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">Adjusted EBITDA</font></div></td><td colspan="2" style="border-top:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:700;line-height:100%">2,442</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#160;</font></td><td style="border-top:0.5pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">2,364&#160;</font></td><td style="border-top:0.5pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">2,689&#160;</font></td><td style="border-top:0.5pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">2,515&#160;</font></td><td style="border-top:0.5pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">2,362&#160;</font></td><td style="border-top:0.5pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">2,254&#160;</font></td><td style="border-top:0.5pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">2,533&#160;</font></td><td style="border-top:0.5pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">2,545&#160;</font></td><td style="border-top:0.5pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">Deduct (add)&#58;</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 7.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">Depreciation and amortization</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:700;line-height:100%">1,194</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">1,221&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">1,222&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">1,230&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">1,184&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">1,166&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">1,174&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">1,157&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 7.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">Restructuring, acquisition and other</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:700;line-height:100%">211</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">49&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">23&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">51&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">238&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">127&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">83&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">91&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 7.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">Finance costs</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:700;line-height:100%">565</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">443&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">584&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">252&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">628&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">579&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">571&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">568&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 7.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">Other expense (income)</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:700;line-height:100%">1,019</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">(4)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">(16)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">(4,998)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">(9)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">2&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">(11)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">2&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 7.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">Gain on disposition of assets</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:700;line-height:100%">(30)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">(69)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">Net (loss) income before income tax</font></td><td colspan="2" style="border-top:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:700;line-height:100%">(517)</font></td><td style="border-top:0.5pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-top:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">655&#160;</font></td><td style="border-top:0.5pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">945&#160;</font></td><td style="border-top:0.5pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-top:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">5,980&#160;</font></td><td style="border-top:0.5pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-top:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">321&#160;</font></td><td style="border-top:0.5pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-top:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">380&#160;</font></td><td style="border-top:0.5pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">716&#160;</font></td><td style="border-top:0.5pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-top:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">727&#160;</font></td><td style="border-top:0.5pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 7.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">Income tax expense</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:700;line-height:100%">148</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">173&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">235&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">212&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">173&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">100&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">158&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">201&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">Net (loss) income</font></td><td colspan="2" style="border-top:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:700;line-height:100%">(665)</font></td><td style="border-top:0.5pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-top:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">482&#160;</font></td><td style="border-top:0.5pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">710&#160;</font></td><td style="border-top:0.5pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-top:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">5,768&#160;</font></td><td style="border-top:0.5pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-top:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">148&#160;</font></td><td style="border-top:0.5pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-top:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">280&#160;</font></td><td style="border-top:0.5pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">558&#160;</font></td><td style="border-top:0.5pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-top:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">526&#160;</font></td><td style="border-top:0.5pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">Net (loss) income attributable to RCI shareholders</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:700;line-height:100%">(726)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">438&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">743&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">5,714&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">157&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">280&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">558&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">526&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">(Loss) earnings per share attributable to RCI shareholders&#58;</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 7.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">Basic</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:700;line-height:100%">($1.34)</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">$0.81</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">$1.38</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">$10.58</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">$0.29</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">$0.52</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">$1.04</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">$0.99&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:left;vertical-align:bottom"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 7.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">Diluted</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:700;line-height:100%">($1.37)</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">$0.80</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">$1.37</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">$10.54</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">$0.29</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">$0.50</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">$1.02</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">$0.98&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:left;vertical-align:bottom"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#160;</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">Net (loss) income</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:700;line-height:100%">(665)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">482&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">710&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">5,768&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">148&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">280&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">558&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">526&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">Add (deduct)&#58;</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 7.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">Restructuring, acquisition and other</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:700;line-height:100%">211</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">49&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">23&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">51&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">238&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">127&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">83&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">91&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 14.5pt;text-align:left;text-indent:-7.09pt;vertical-align:middle"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">Change in fair value of subsidiary equity derivative instruments</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:700;line-height:100%">(16)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">(105)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">32&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">(134)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">93&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 14.5pt;text-align:left;text-indent:-7.09pt;vertical-align:middle"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">Depreciation and amortization on fair value increment of Shaw Transaction-related assets</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:700;line-height:100%">172</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">181&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">178&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">210&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">212&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">229&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">228&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">227&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 14.5pt;text-align:left;text-indent:-7.09pt;vertical-align:middle"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">Gain on repayment of long-term debt</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:700;line-height:100%">&#8212;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">(151)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 14.5pt;text-align:left;text-indent:-7.09pt;vertical-align:middle"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">Gain on revaluation of MLSE investment</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:700;line-height:100%">&#8212;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">(4,976)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 7.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">Loss on revaluation of MLSE put liability</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:700;line-height:100%">1,034</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 7.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">Gain on disposition of assets</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:700;line-height:100%">(30)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">(69)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 7.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">Income tax impact of above items</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:700;line-height:100%">(73)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">(57)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">(55)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">(42)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">(59)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">(93)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">(75)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">(82)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:0.75pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">Adjusted net income</font></div></td><td colspan="2" style="border-top:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:700;line-height:100%">633</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#160;</font></td><td style="border-top:0.5pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">550&#160;</font></td><td style="border-top:0.5pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">819&#160;</font></td><td style="border-top:0.5pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">726&#160;</font></td><td style="border-top:0.5pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">632&#160;</font></td><td style="border-top:0.5pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">543&#160;</font></td><td style="border-top:0.5pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">794&#160;</font></td><td style="border-top:0.5pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">762&#160;</font></td><td style="border-top:0.5pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">Adjusted net income attributable to RCI shareholders</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:700;line-height:100%">640</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">550&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">818&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">740&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">620&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">543&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">794&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">762&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">Adjusted earnings per share attributable to RCI shareholders&#58;</font></div></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 7.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">Basic</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:700;line-height:100%">$1.19</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">$1.02</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">$1.51</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">$1.37</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">$1.15</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">$1.01</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">$1.48</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">$1.43&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:left;vertical-align:middle"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 7.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">Diluted</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:700;line-height:100%">$1.15</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">$1.01</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">$1.51</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">$1.37</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">$1.14</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">$0.99</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">$1.46</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">$1.42&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:left;vertical-align:middle"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#160;</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">Capital expenditures</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:700;line-height:100%">695</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">808&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">934&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">964&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">831&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">978&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">1,007&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">977&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">Cash provided by operating activities</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:700;line-height:100%">1,517</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">1,495&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">1,652&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">1,515&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">1,596&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">1,296&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">1,135&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">1,893&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-bottom:1pt solid #000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">Free cash flow</font></td><td colspan="2" style="border-bottom:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:700;line-height:100%">982</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#160;</font></td><td style="border-bottom:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-bottom:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">776&#160;</font></td><td style="border-bottom:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-bottom:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">1,016&#160;</font></td><td style="border-bottom:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-bottom:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">829&#160;</font></td><td style="border-bottom:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-bottom:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">925&#160;</font></td><td style="border-bottom:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-bottom:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">586&#160;</font></td><td style="border-bottom:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-bottom:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">878&#160;</font></td><td style="border-bottom:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-bottom:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">915&#160;</font></td><td style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="display:none"></td></tr></table></div><div style="text-align:justify"><font><br></font></div><div style="height:45pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="margin-top:5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:32.233%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:32.233%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:32.234%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Rogers Communications Inc.</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><div style="text-align:center"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">35</font></div></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Second Quarter 2026</font></td></tr><tr><td colspan="3" style="display:none"></td></tr></table></div></div></div><div id="i0e68e03401ad4a75a6c964253f28303d_106"></div><hr style="page-break-after:always"><div style="min-height:45pt;width:100%"><div style="text-align:justify"><font><br></font></div></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:700;line-height:120%">Summary of financial information of long-term debt guarantor</font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Our outstanding senior notes and debentures, amounts drawn on our bank credit and letter of credit facilities, and derivatives are unsecured obligations of RCI, as obligor, and RCCI, as either co-obligor or guarantor, as applicable.</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">The selected unaudited consolidating summary financial information for RCI for the periods identified below, presented with a separate column for&#58; (i) RCI, (ii) RCCI, (iii) our non-guarantor subsidiaries on a combined basis, (iv) consolidating adjustments, and (v) the total consolidated amounts, is set forth as follows&#58;</font></div><div style="margin-top:5pt;text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.849%"><tr><td style="width:1.0%"></td><td style="width:20.704%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.268%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.170%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.268%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.170%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.268%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.170%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.268%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.170%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.268%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.176%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">Three months ended June 30</font></td><td colspan="6" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">RCI&#160;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:4.55pt;font-weight:400;line-height:100%;position:relative;top:-2.44pt;vertical-align:baseline">1,2</font></div></td><td colspan="6" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">RCCI&#160;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:4.55pt;font-weight:400;line-height:100%;position:relative;top:-2.44pt;vertical-align:baseline">1,2</font></div></td><td colspan="6" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#160;&#160;&#160;&#160;Non-guarantor&#160;&#160;&#160;&#160;</font></div><div style="text-align:center"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#160;&#160;&#160;&#160;&#160;subsidiaries&#160;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:4.55pt;font-weight:400;line-height:100%;position:relative;top:-2.44pt;vertical-align:baseline">1,2</font></div></td><td colspan="6" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#160;&#160;&#160;&#160;Consolidating&#160;&#160;&#160;&#160;</font></div><div style="text-align:center"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#160;&#160;&#160;&#160;&#160;adjustments&#160;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:4.55pt;font-weight:400;line-height:100%;position:relative;top:-2.44pt;vertical-align:baseline">1,2&#160;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#160;&#160;&#160;</font></div></td><td colspan="6" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">Total</font></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">(unaudited)<br>(In millions of dollars)</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:700;line-height:100%">2026</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">2025</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:700;line-height:100%">2026</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">2025</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:700;line-height:100%">2026</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">2025</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:700;line-height:100%">2026</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">2025</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:700;line-height:100%">2026</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">2025</font></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt 1.5pt 10.75pt;text-align:left;text-indent:-9pt;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">Selected Statements of Income data measure&#58;</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 10.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">Revenue</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:700;line-height:100%">394</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:700;line-height:100%">4,357</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">4,335&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:700;line-height:100%">1,747</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">991&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:700;line-height:100%">(883)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">(109)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:700;line-height:100%">5,615</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">5,217&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><div style="padding-left:9.75pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">Net income (loss)</font></div></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:700;line-height:100%">(666)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">149&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:700;line-height:100%">48</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">(84)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:700;line-height:100%">381</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">373&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:700;line-height:100%">(428)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">(290)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:700;line-height:100%">(665)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">148&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="border-bottom:1pt solid #000;padding:1.5pt 1pt 1.5pt 19pt;text-align:left;text-indent:-9pt;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">Net income (loss) attributable to RCI shareholders</font></td><td colspan="2" style="border-bottom:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:700;line-height:100%">(666)</font></td><td style="border-bottom:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-bottom:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">149&#160;</font></td><td style="border-bottom:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-bottom:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:700;line-height:100%">48</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#160;</font></td><td style="border-bottom:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-bottom:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">(84)</font></td><td style="border-bottom:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-bottom:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:700;line-height:100%">320</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#160;</font></td><td style="border-bottom:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-bottom:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">382&#160;</font></td><td style="border-bottom:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-bottom:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:700;line-height:100%">(428)</font></td><td style="border-bottom:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-bottom:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">(290)</font></td><td style="border-bottom:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-bottom:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:700;line-height:100%">(726)</font></td><td style="border-bottom:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-bottom:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">157&#160;</font></td><td style="border-bottom:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr></table></div><div style="text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:20.821%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.257%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.158%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.257%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.158%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.257%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.158%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.257%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.158%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.257%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.162%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">Six months ended June 30</font></td><td colspan="6" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">RCI </font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:4.55pt;font-weight:400;line-height:100%;position:relative;top:-2.44pt;vertical-align:baseline">1,2</font></div></td><td colspan="6" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">RCCI </font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:4.55pt;font-weight:400;line-height:100%;position:relative;top:-2.44pt;vertical-align:baseline">1,2</font></div></td><td colspan="6" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#160;&#160;&#160;&#160;Non-guarantor&#160;&#160;&#160;&#160;<br>&#160;&#160;&#160;&#160;&#160;subsidiaries&#160;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:4.55pt;font-weight:400;line-height:100%;position:relative;top:-2.44pt;vertical-align:baseline">1,2</font></div></td><td colspan="6" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#160;&#160;&#160;&#160;Consolidating&#160;&#160;&#160;&#160;<br>&#160;&#160;&#160;&#160;&#160;adjustments </font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:4.55pt;font-weight:400;line-height:100%;position:relative;top:-2.44pt;vertical-align:baseline">1,2</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#160;&#160;&#160;&#160;</font></div></td><td colspan="6" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">Total</font></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">(unaudited)<br>(In millions of dollars)</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:700;line-height:100%">2026</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">2025</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:700;line-height:100%">2026</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">2025</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:700;line-height:100%">2026</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">2025</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:700;line-height:100%">2026</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">2025</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:700;line-height:100%">2026</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">2025</font></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt 1.5pt 10.75pt;text-align:left;text-indent:-9pt;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">Selected Statements of Income data measure&#58;</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 10.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">Revenue</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:700;line-height:100%">783</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:700;line-height:100%">8,712</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">8,632&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:700;line-height:100%">3,357</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">1,778&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:700;line-height:100%">(1,755)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">(218)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:700;line-height:100%">11,097</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">10,192&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 10.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">Net income (loss)</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:700;line-height:100%">(184)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">429&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:700;line-height:100%">731</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">549&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:700;line-height:100%">318</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">9&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:700;line-height:100%">(1,048)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">(559)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:700;line-height:100%">(183)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">428&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="border-bottom:1pt solid #000;padding:1.5pt 1pt 1.5pt 19pt;text-align:left;text-indent:-9pt;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">Net income (loss) attributable to RCI shareholders</font></td><td colspan="2" style="border-bottom:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:700;line-height:100%">(184)</font></td><td style="border-bottom:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-bottom:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">429&#160;</font></td><td style="border-bottom:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-bottom:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:700;line-height:100%">731</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#160;</font></td><td style="border-bottom:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-bottom:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">549&#160;</font></td><td style="border-bottom:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-bottom:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:700;line-height:100%">213</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#160;</font></td><td style="border-bottom:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-bottom:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">18&#160;</font></td><td style="border-bottom:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-bottom:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:700;line-height:100%">(1,048)</font></td><td style="border-bottom:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-bottom:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">(559)</font></td><td style="border-bottom:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-bottom:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:700;line-height:100%">(288)</font></td><td style="border-bottom:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-bottom:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">437&#160;</font></td><td style="border-bottom:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr></table></div><div style="text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.849%"><tr><td style="width:1.0%"></td><td style="width:20.704%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.268%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.170%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.268%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.170%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.268%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.170%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.268%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.170%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.268%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.176%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">As at period end</font></td><td colspan="6" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">RCI </font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:4.55pt;font-weight:400;line-height:100%;position:relative;top:-2.44pt;vertical-align:baseline">1,2</font></div></td><td colspan="6" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div 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style="text-align:center"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#160;&#160;&#160;&#160;Consolidating&#160;&#160;&#160;&#160;<br>&#160;&#160;&#160;&#160;&#160;adjustments </font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:4.55pt;font-weight:400;line-height:100%;position:relative;top:-2.44pt;vertical-align:baseline">1,2</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#160;&#160;&#160;&#160;</font></div></td><td colspan="6" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">Total</font></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">(unaudited)<br>(In millions of dollars)</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:700;line-height:100%">Jun. 30<br>2026</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">Dec. 31<br>2025</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:700;line-height:100%">Jun. 30<br>2026</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">Dec. 31<br>2025</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:700;line-height:100%">Jun. 30<br>2026</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">Dec. 31<br>2025</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:700;line-height:100%">Jun. 30<br>2026</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">Dec. 31<br>2025</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:700;line-height:100%">Jun. 30<br>2026</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">Dec. 31<br>2025</font></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:left;vertical-align:top"><div style="padding-left:9.75pt;text-indent:-9pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">Selected Statements of </font></div><div style="padding-left:9.75pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">Financial Position data measure&#58;</font></div></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 10.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">Current assets</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:700;line-height:100%">53,329</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">52,780&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:700;line-height:100%">58,945</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">59,158&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:700;line-height:100%">12,456</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">12,524&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:700;line-height:100%">(114,926)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">(114,974)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:700;line-height:100%">9,804</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">9,488&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 10.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">Non-current assets</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:700;line-height:100%">77,127</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">76,883&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:700;line-height:100%">50,033</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">50,107&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:700;line-height:100%">31,289</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">30,885&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:700;line-height:100%">(77,950)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">(77,351)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted 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Next',sans-serif;font-size:7pt;font-weight:700;line-height:100%">59,441</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">57,303&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:700;line-height:100%">55,774</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 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Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">This MD&#38;A includes &#34;forward-looking information&#34; and &#34;forward-looking statements&#34; within the meaning of applicable securities laws (collectively, &#34;forward-looking information&#34;), and assumptions about, among other things, our business, operations, and financial performance and condition approved by our management on the date of this MD&#38;A. This forward-looking information and these assumptions include, but are not limited to, statements about our objectives and strategies to achieve those objectives, and about our beliefs, plans, expectations, anticipations, estimates, or intentions.</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:700;line-height:120%">Forward-looking information</font></div><div style="padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:13.5pt">typically includes words like could, expect, may, anticipate, assume, believe, intend, estimate, plan, project, guidance, outlook, target, and similar expressions&#59;</font></div><div style="padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:13.5pt">includes conclusions, forecasts, and projections that are based on our current objectives and strategies and on estimates, expectations, assumptions, and other factors that we believe to have been reasonable at the time they were applied but may prove to be incorrect&#59; and</font></div><div style="padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:13.5pt">was approved by our management on the date of this MD&#38;A.</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Our forward-looking information in this MD&#38;A includes forecasts and projections related to the following items, among others&#58;</font></div><div style="width:100.000%"><div style="display:inline-block;vertical-align:top;width:46.396%"><div style="padding-left:18pt;text-indent:-18pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:13.5pt">revenue&#59;</font></div><div style="padding-left:18pt;text-indent:-18pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:13.5pt">total service revenue&#59;</font></div><div style="padding-left:18pt;text-indent:-18pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:13.5pt">adjusted EBITDA&#59;</font></div><div style="padding-left:18pt;text-indent:-18pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:13.5pt">capital expenditures&#59;</font></div><div style="padding-left:18pt;text-indent:-18pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:13.5pt">cash income tax payments&#59;</font></div><div style="padding-left:18pt;text-indent:-18pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:13.5pt">free cash flow (including its application to strengthen our balance sheet through accelerated debt repayment)&#59;</font></div><div style="padding-left:18pt;text-indent:-18pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:13.5pt">dividend payments&#59;</font></div><div style="padding-left:18pt;text-indent:-18pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:13.5pt">the growth of new products and services&#59;</font></div><div style="padding-left:18pt;text-indent:-18pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:13.5pt">expected growth in subscribers and the services to which they subscribe&#59;</font></div></div><div style="display:inline-block;max-width:7.207%;min-width:6.207%;vertical-align:top"></div><div style="display:inline-block;vertical-align:top;width:46.397%"><div style="padding-left:18pt;text-indent:-18pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:13.5pt">the cost of acquiring and retaining subscribers and deployment of new services&#59;</font></div><div style="padding-left:18pt;text-indent:-18pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:13.5pt">continued cost reductions and efficiency improvements&#59;</font></div><div style="padding-left:18pt;text-indent:-18pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:13.5pt">our debt leverage ratio and how we intend to manage that ratio&#59;</font></div><div style="padding-left:18pt;text-indent:-18pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:13.5pt">the completion and funding of the MLSE minority interest acquisition, including its timing, and the sale of a minority interest in Rogers Sports to third-party investors, including the timing, size, and proceeds therefrom&#59; and</font></div><div style="padding-left:18pt;text-indent:-18pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:13.5pt">all other statements that are not historical facts.</font></div></div></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Our conclusions, forecasts, and projections in this MD&#38;A are based on a number of estimates, expectations, assumptions, and other factors, including, among others&#58;</font></div><div style="width:100.000%"><div style="display:inline-block;vertical-align:top;width:46.396%"><div style="padding-left:18pt;text-indent:-18pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:13.5pt">general economic and industry conditions, including the effects of inflation&#59;</font></div><div style="padding-left:18pt;text-indent:-18pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:13.5pt">currency exchange rates and interest rates&#59;</font></div><div style="padding-left:18pt;text-indent:-18pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:13.5pt">product pricing levels and competitive intensity&#59;</font></div><div style="padding-left:18pt;text-indent:-18pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:13.5pt">subscriber growth&#59;</font></div><div style="padding-left:18pt;text-indent:-18pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:13.5pt">pricing, usage, and churn rates&#59;</font></div><div style="padding-left:18pt;text-indent:-18pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:13.5pt">changes in government regulation&#59;</font></div></div><div style="display:inline-block;max-width:7.207%;min-width:6.207%;vertical-align:top"></div><div style="display:inline-block;vertical-align:top;width:46.397%"><div style="padding-left:18pt;text-indent:-18pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:13.5pt">technology and network deployment&#59;</font></div><div style="padding-left:18pt;text-indent:-18pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:13.5pt">availability of devices&#59;</font></div><div style="padding-left:18pt;text-indent:-18pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:13.5pt">timing of new product launches&#59;</font></div><div style="padding-left:18pt;text-indent:-18pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:13.5pt">content and equipment costs&#59;</font></div><div style="padding-left:18pt;text-indent:-18pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:13.5pt">the integration of acquisitions&#59; and</font></div><div style="padding-left:18pt;text-indent:-18pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:13.5pt">industry structure and stability.</font></div></div></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Except as otherwise indicated, this MD&#38;A and our forward-looking information do not reflect the potential impact of any non-recurring or other special items or of any dispositions, monetization events, mergers, acquisitions, other business combinations, or other transactions that may be considered or announced or may occur after the date on which the statement containing the forward-looking information is made.</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:700;line-height:120%">Risks and uncertainties</font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Actual events and results may differ materially from what is expressed or implied by forward-looking information in this MD&#38;A as a result of risks, uncertainties, and other factors, many of which are beyond our control or our current expectations or knowledge, including, but not limited to&#58;</font></div><div style="width:100.000%"><div style="display:inline-block;vertical-align:top;width:46.396%"><div style="padding-left:18pt;text-indent:-18pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:13.5pt">regulatory changes&#59;</font></div><div style="padding-left:18pt;text-indent:-18pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:13.5pt">technological changes&#59;</font></div><div style="padding-left:18pt;text-indent:-18pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:13.5pt">economic, geopolitical, and other conditions affecting commercial activity and the costs of goods and services, including the potential application or modification of tariffs, trade wars, recessions, or reduced immigration levels&#59;</font></div><div style="padding-left:18pt;text-indent:-18pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:13.5pt">unanticipated changes in content or equipment costs&#59;</font></div><div style="padding-left:18pt;text-indent:-18pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:13.5pt">changing conditions in the sports, media, entertainment, information, and communications industries&#59;</font></div></div><div style="display:inline-block;max-width:7.207%;min-width:6.207%;vertical-align:top"></div><div style="display:inline-block;vertical-align:top;width:46.397%"><div style="padding-left:18pt;text-indent:-18pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:13.5pt">performance of our sports teams, including uncertainty as to their participation or success in their respective postseasons&#59;</font></div><div style="padding-left:18pt;text-indent:-18pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:13.5pt">sports-related work stoppages or cancellations and labour disputes&#59;</font></div><div style="padding-left:18pt;text-indent:-18pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:13.5pt">the integration of acquisitions&#59;</font></div><div style="padding-left:18pt;text-indent:-18pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:13.5pt">litigation and tax matters&#59;</font></div><div style="padding-left:18pt;text-indent:-18pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:13.5pt">the level of competitive intensity&#59;</font></div><div style="padding-left:18pt;text-indent:-18pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:13.5pt">the emergence of new opportunities&#59;</font></div><div style="padding-left:18pt;text-indent:-18pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:13.5pt">external threats, such as epidemics, pandemics, and other public health crises, natural disasters, the effects of climate change, or cyberattacks, among others&#59;</font></div></div></div><div style="height:45pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="margin-top:5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:32.233%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:32.233%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:32.234%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Rogers Communications Inc.</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><div style="text-align:center"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">37</font></div></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Second Quarter 2026</font></td></tr><tr><td colspan="3" style="display:none"></td></tr></table></div></div></div><hr style="page-break-after:always"><div style="min-height:45pt;width:100%"><div style="text-align:justify"><font><br></font></div></div><div style="width:100.000%"><div style="display:inline-block;vertical-align:top;width:46.396%"><div style="padding-left:18pt;text-indent:-18pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:13.5pt">the MLSE minority interest acquisition is subject to closing conditions and termination rights and may not be completed on the anticipated terms, in the anticipated timeline, or at all&#59;</font></div><div style="padding-left:18pt;text-indent:-18pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:13.5pt">the anticipated benefits of the MLSE minority interest acquisition may not be realized&#59;</font></div><div style="padding-left:18pt;text-indent:-18pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:13.5pt">we may be unable to proceed with, or complete, the sale of a minority interest in Rogers Sports, within the anticipated timing or at all, due to alternative opportunities or requirements, general economic and market conditions, or other internal or external considerations&#59;</font></div><div style="padding-left:18pt;text-indent:-18pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:13.5pt">if completed, the sale of a minority interest in Rogers Sports may not be at the expected valuation or may not raise the anticipated proceeds&#59;</font></div></div><div style="display:inline-block;max-width:7.207%;min-width:6.207%;vertical-align:top"></div><div style="display:inline-block;vertical-align:top;width:46.397%"><div style="padding-left:18pt;text-indent:-18pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:13.5pt">we may fund all or a portion of the MLSE minority interest acquisition through alternate sources&#59;</font></div><div style="padding-left:18pt;text-indent:-18pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:13.5pt">new interpretations or accounting standards, or changes to existing interpretations and accounting standards, from accounting standards bodies&#59; </font></div><div style="padding-left:18pt;text-indent:-18pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:13.5pt">changes to the methodology, criteria, or conclusions used by rating agencies in assessing or assigning equity treatment or equity credit on our subordinated notes or for the network transaction&#59; and </font></div><div style="padding-left:18pt;text-indent:-18pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:13.5pt">the other risks outlined in &#34;Risks and Uncertainties Affecting our Business&#34; in our 2025 Annual MD&#38;A and &#34;Updates to Risks and Uncertainties&#34; in this MD&#38;A.</font></div></div></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">These risks, uncertainties, and other factors can also affect our objectives, strategies, plans, and intentions. Should one or more of these risks, uncertainties, or other factors materialize, our objectives, strategies, plans, or intentions change, or any other factors or assumptions underlying the forward-looking information prove incorrect, our actual results and our plans could vary materially from what we currently foresee.</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Accordingly, we warn investors to exercise caution when considering statements containing forward-looking information and caution them that it would be unreasonable to rely on such statements as creating legal rights regarding our future results or plans. We are under no obligation (and we expressly disclaim any such obligation) to update or alter any statements containing forward-looking information or the factors or assumptions underlying them, whether as a result of new information, future events, or otherwise, except as required by law. All of the forward-looking information in this MD&#38;A is qualified by the cautionary statements herein.</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:700;line-height:120%">Before making an investment decision</font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Before making any investment decisions and for a detailed discussion of the risks, uncertainties, and environment associated with our business, its operations, and its financial performance and condition, fully review the sections of this MD&#38;A entitled &#34;Updates to Risks and Uncertainties&#34; and &#34;Regulatory Developments&#34; and fully review the sections in our 2025 Annual MD&#38;A entitled &#34;Regulation in our Industry&#34; and &#34;Risk Management&#34;, as well as our various other filings with Canadian and US securities regulators, which can be found at sedarplus.ca and sec.gov, respectively. Information on or connected to sedarplus.ca, sec.gov, our website, or any other website referenced in this document is not part of or incorporated into this MD&#38;A.</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:center"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%"># # #</font></div><div style="height:45pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="margin-top:5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:32.233%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:32.233%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:32.234%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Rogers Communications Inc.</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><div style="text-align:center"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">38</font></div></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Second Quarter 2026</font></td></tr><tr><td colspan="3" style="display:none"></td></tr></table></div></div></div></body></html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.2
<SEQUENCE>3
<FILENAME>rci-06302026xexhibit992.htm
<DESCRIPTION>EX-99.2
<TEXT>
<html><head>
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<title>Document</title></head><body><div id="ie55877b7385543b1a229e0811caf6ea9_1"></div><div style="min-height:45pt;width:100%"><div style="text-align:justify"><font><br></font></div></div><div style="margin-top:10pt;text-align:right"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:700;line-height:120%">Exhibit 99.2</font></div><div style="margin-top:10pt"><img alt="rogerslogohires1a.jpg" src="rogerslogohires1a.jpg" style="height:51px;margin-bottom:5pt;vertical-align:text-bottom;width:253px"></div><div style="margin-top:10pt;text-align:center"><font><br></font></div><div style="margin-top:10pt;text-align:center"><font><br></font></div><div style="margin-top:10pt;text-align:center"><font><br></font></div><div style="margin-top:10pt;text-align:center"><font><br></font></div><div style="text-align:center"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:14pt;font-weight:700;line-height:120%">Rogers Communications Inc.</font></div><div style="text-align:center"><font><br></font></div><div style="text-align:center"><font><br></font></div><div style="text-align:center"><font><br></font></div><div style="text-align:center"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:12pt;font-weight:700;line-height:120%">INTERIM CONDENSED CONSOLIDATED FINANCIAL STATEMENTS</font></div><div style="text-align:center"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:12pt;font-weight:700;line-height:120%">(unaudited)</font></div><div style="margin-top:16pt;text-align:center"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:700;line-height:120%">Three and six months ended June&#160;30, 2026 and 2025</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font><br></font></div><div style="margin-top:9pt;text-align:justify"><font><br></font></div><div style="text-align:justify"><font><br></font></div><div style="height:45pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="margin-top:5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.561%"><tr><td style="width:1.0%"></td><td style="width:32.233%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:32.233%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:32.234%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Rogers Communications Inc.</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><div style="text-align:center"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">1</font></div></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Second Quarter 2026</font></td></tr><tr><td colspan="3" style="display:none"></td></tr></table></div></div></div><div id="ie55877b7385543b1a229e0811caf6ea9_4"></div><hr style="page-break-after:always"><div style="min-height:45pt;width:100%"><div style="text-align:justify"><font><br></font></div></div><div><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:700;line-height:120%">Rogers Communications Inc.</font></div><div><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:700;line-height:120%">Interim Condensed Consolidated Statements of Income</font></div><div><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">(In millions of Canadian dollars, except per share amounts, unaudited)</font></div><div style="margin-top:5pt;text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:44.245%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:4.455%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.912%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.912%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.851%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.912%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.913%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;&#160;</font></td><td colspan="3" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;&#160;</font></td><td colspan="6" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Three months ended June 30</font></td><td colspan="3" style="border-right:0.5pt solid #000000;border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="6" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Six months ended June 30</font></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;&#160;</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Note</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2026</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2025</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2026</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2025</font></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Revenue</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:100%">5&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">5,615</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">5,216&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">11,097</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">10,192&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr style="height:12pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Operating expenses&#58;</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 13pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Operating costs</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:100%">6</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">3,173</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2,854&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">6,291</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">5,576&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 13pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Depreciation and amortization</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">1,194</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,184&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2,415</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2,350&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 13pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Restructuring, acquisition and other</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:100%">7</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">211</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">238&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">260</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">365&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Finance costs</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:100%">8</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">565</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">628&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">1,008</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,207&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Gain on disposition of assets</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:100%">21</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(30)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(30)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Other expense (income)</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:100%">9</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">1,019</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(9)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">1,015</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(7)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(Loss) income before income tax expense</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(517)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">321&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">138</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">701&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Income tax expense</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">148</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">173&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">321</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">273&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Net (loss) income for the period</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(665)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">148&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(183)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">428&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Net (loss) income for the period attributable to&#58;</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 13pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">RCI shareholders</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(726)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">157&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(288)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">437&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 13pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Non-controlling interest</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">61</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(9)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">105</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(9)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr style="height:12pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(Loss) earnings per share attributable to RCI shareholders&#58;</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 13pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Basic</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:100%">10</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">($1.34)</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$0.29</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">($0.53)</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$0.81</font></td></tr><tr><td colspan="3" style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 13pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Diluted</font></td><td colspan="3" style="border-bottom:1pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:100%">10</font></td><td colspan="3" style="border-bottom:1pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">($1.37)</font></td><td colspan="3" style="border-bottom:1pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$0.29</font></td><td colspan="3" style="border-bottom:1pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-bottom:1pt solid #000000;border-left:0.5pt solid #000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">($0.55)</font></td><td colspan="3" style="border-bottom:1pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$0.79</font></td></tr></table></div><div style="margin-top:12pt;text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">The accompanying notes are an integral part of the interim condensed consolidated financial statements.</font></div><div style="text-align:justify"><font><br></font></div><div style="height:45pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="margin-top:5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.561%"><tr><td style="width:1.0%"></td><td style="width:32.233%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:32.233%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:32.234%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Rogers Communications Inc.</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><div style="text-align:center"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2</font></div></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Second Quarter 2026</font></td></tr><tr><td colspan="3" style="display:none"></td></tr></table></div></div></div><div id="ie55877b7385543b1a229e0811caf6ea9_7"></div><hr style="page-break-after:always"><div style="min-height:45pt;width:100%"><div style="text-align:justify"><font><br></font></div></div><div><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:700;line-height:120%">Rogers Communications Inc.</font></div><div><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:700;line-height:120%">Interim Condensed Consolidated Statements of Comprehensive Income</font></div><div><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">(In millions of Canadian dollars, unaudited)</font></div><div style="margin-top:5pt;text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:49.951%"></td><td style="width:0.1%"></td><td colspan="3" style="display:none"></td><td style="width:1.0%"></td><td style="width:10.912%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.912%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.700%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.912%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.913%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;&#160;</font></td><td colspan="3" style="display:none"></td><td colspan="6" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Three months ended June 30</font></td><td colspan="3" style="border-right:0.5pt solid #000000;border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="6" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Six months ended June 30</font></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;&#160;</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2026</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2025</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2026</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2025</font></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Net (loss) income for the period</font></td><td colspan="3" style="display:none"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(665)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">148&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(183)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">428&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr style="height:12pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Other comprehensive (loss) income&#58;</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr style="height:12pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Items that will not be reclassified to income&#58;</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 13pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Defined benefit pension plans&#58;</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 24.25pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Remeasurements</font></td><td colspan="3" style="display:none"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">&#8212;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">67&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">&#8212;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">67&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 24.25pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Related income tax expense</font></td><td colspan="3" style="display:none"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">&#8212;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(18)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">&#8212;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(18)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000;border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 13pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Defined benefit pension plans</font></td><td colspan="3" style="display:none"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">&#8212;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">49&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">&#8212;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">49&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000;border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 23.5pt;text-align:left;text-indent:-9pt;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Equity investments measured at fair value through other comprehensive income (FVTOCI)&#58;</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 22pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Increase (decrease) in fair value</font></td><td colspan="3" style="display:none"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">1</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(3)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">12</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(24)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 22pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Related income tax recovery (expense)</font></td><td colspan="3" style="display:none"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">&#8212;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(1)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 13pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Equity investments measured at FVTOCI</font></td><td colspan="3" style="display:none"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">1</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(2)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">11</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(22)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Items that will not be reclassified to income</font></td><td colspan="3" style="display:none"></td><td colspan="2" style="border-top:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">1</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="border-top:0.5pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-top:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">47&#160;</font></td><td style="border-top:0.5pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;border-top:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">11</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="border-top:0.5pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-top:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">27&#160;</font></td><td style="border-top:0.5pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Items that may subsequently be reclassified to income&#58;</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 13pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Cash flow hedging derivative instruments&#58;</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 22pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Unrealized gain (loss) in fair value of derivative instruments</font></td><td colspan="3" style="display:none"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">79</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(895)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">508</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(622)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 35.5pt;text-align:left;text-indent:-13.5pt;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Reclassification to net income of (gain) loss on debt derivatives</font></td><td colspan="3" style="display:none"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(467)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,371&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(775)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,379&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 35.5pt;text-align:left;text-indent:-13.5pt;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Reclassification to net income or property, plant and equipment of (gain) loss on expenditure derivatives</font></td><td colspan="3" style="display:none"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">&#8212;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(9)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(2)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(38)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 22pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Reclassification to net income for accrued interest</font></td><td colspan="3" style="display:none"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(24)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(25)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(44)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(58)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 22pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Related income tax (expense) recovery</font></td><td colspan="3" style="display:none"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(8)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">135&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(61)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">67&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 13pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Cash flow hedging derivative instruments</font></td><td colspan="3" style="display:none"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(420)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">577&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(374)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">728&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Items that may subsequently be reclassified to income</font></td><td colspan="3" style="display:none"></td><td colspan="2" style="border-top:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(420)</font></td><td style="border-top:0.5pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-top:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">577&#160;</font></td><td style="border-top:0.5pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;border-top:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(374)</font></td><td style="border-top:0.5pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-top:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">728&#160;</font></td><td style="border-top:0.5pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Other comprehensive (loss) income for the period</font></td><td colspan="3" style="display:none"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(419)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">624&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(363)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">755&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Comprehensive (loss) income for the period</font></td><td colspan="3" style="display:none"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(1,084)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">772&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(546)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,183&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000;border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Comprehensive (loss) income for the period attributable to&#58;</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 13.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">RCI shareholders</font></td><td colspan="3" style="display:none"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(1,145)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">781&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(651)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,192&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="border-bottom:1pt solid #000;padding:1.5pt 1pt 1.5pt 13.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Non-controlling interest</font></td><td colspan="3" style="display:none"></td><td colspan="2" style="border-bottom:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">61</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="border-bottom:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-bottom:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(9)</font></td><td style="border-bottom:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="border-bottom:1pt solid #000;padding:0 1pt"></td><td colspan="2" style="border-bottom:1pt solid #000;border-left:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">105</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="border-bottom:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-bottom:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(9)</font></td><td style="border-bottom:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr></table></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">The accompanying notes are an integral part of the interim condensed consolidated financial statements.</font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">&#160;</font></div><div style="height:45pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="margin-top:5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.561%"><tr><td style="width:1.0%"></td><td style="width:32.233%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:32.233%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:32.234%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Rogers Communications Inc.</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><div style="text-align:center"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">3</font></div></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Second Quarter 2026</font></td></tr><tr><td colspan="3" style="display:none"></td></tr></table></div></div></div><div id="ie55877b7385543b1a229e0811caf6ea9_10"></div><hr style="page-break-after:always"><div style="min-height:45pt;width:100%"><div style="text-align:justify"><font><br></font></div></div><div><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:700;line-height:120%">Rogers Communications Inc.</font></div><div><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:700;line-height:120%">Interim Condensed Consolidated Statements of Financial Position</font></div><div><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">(In millions of Canadian dollars, unaudited)</font></div><div style="margin-top:5pt;text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.849%"><tr><td style="width:1.0%"></td><td style="width:57.546%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.178%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:13.937%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:13.939%"></td><td style="width:0.1%"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">As at<br>June 30</font></td><td colspan="3" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">As at<br>December 31</font></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">&#160;&#160;</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">Note</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:700;line-height:100%">2026</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">2025</font></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr style="height:11pt"><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">Assets</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">Current assets&#58;</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 13pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">Cash and cash equivalents</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:700;line-height:100%">1,726</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">1,344&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 13pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">Accounts receivable</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:100%">12</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:700;line-height:100%">5,728</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">6,105&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 13pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">Inventories</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:700;line-height:100%">553</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">550&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 13pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">Current portion of contract assets</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:700;line-height:100%">153</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">151&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 13pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">Other current assets</font></td><td colspan="3" style="padding:0 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Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">99&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">Total current assets</font></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:700;line-height:100%">9,804</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">&#160;</font></td><td style="border-top:0.5pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">9,488&#160;</font></td><td style="border-top:0.5pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td></tr><tr style="height:11pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">Property, plant and equipment</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:700;line-height:100%">26,286</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">26,307&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">Intangible assets</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:700;line-height:100%">28,771</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">28,898&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">Investments</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:100%">13&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:700;line-height:100%">1,292</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">1,291&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">Derivative instruments</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:100%">11&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:700;line-height:100%">960</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">746&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">Financing receivables</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:100%">12</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:700;line-height:100%">1,065</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted 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Next',sans-serif;font-size:7.5pt;font-weight:700;line-height:100%">20,032</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">20,032&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td></tr><tr style="height:11pt"><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" 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style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">90,012&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td></tr><tr style="height:11pt"><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">Liabilities and equity</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">Current liabilities&#58;</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 13pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">Short-term borrowings</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:100%">14&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:700;line-height:100%">2,237</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">4,000&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 13pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">Accounts payable and accrued liabilities</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:700;line-height:100%">4,375</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">4,831&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 13pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">Other current liabilities</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:100%">20</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:700;line-height:100%">4,838</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">3,831&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 13pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">Contract liabilities</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:700;line-height:100%">952</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">1,114&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 13pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">Current portion of long-term debt</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:100%">15&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:700;line-height:100%">4,855</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">1,186&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 13pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">Current portion of lease liabilities</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:100%">16&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:700;line-height:100%">728</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">690&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">Total current liabilities</font></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:700;line-height:100%">17,985</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">&#160;</font></td><td style="border-top:0.5pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">15,652&#160;</font></td><td style="border-top:0.5pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td></tr><tr style="height:11pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">Provisions</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:700;line-height:100%">56</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">55&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">Long-term debt</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:100%">15&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:700;line-height:100%">35,191</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">35,872&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">Lease liabilities</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:100%">16&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:700;line-height:100%">2,687</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">2,428&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">Other long-term liabilities</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:700;line-height:100%">2,063</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">2,225&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">Deferred tax liabilities</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:700;line-height:100%">9,471</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">9,494&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">Total liabilities</font></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:700;line-height:100%">67,453</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">&#160;</font></td><td style="border-top:0.5pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-top:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">65,726&#160;</font></td><td style="border-top:0.5pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td></tr><tr style="height:11pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">Equity</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 13.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">Equity attributable to RCI shareholders</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:700;line-height:100%">16,559</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">17,751&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 13.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">Non-controlling interest</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:700;line-height:100%">6,291</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">6,535&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">Equity</font></td><td colspan="3" style="border-top:0.5pt solid #000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:100%">17</font></td><td colspan="2" style="border-top:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:700;line-height:100%">22,850</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">&#160;</font></td><td style="border-top:0.5pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">24,286&#160;</font></td><td style="border-top:0.5pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td></tr><tr style="height:11pt"><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">Total liabilities and equity</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#160;</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:700;line-height:100%">90,303</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">90,012&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td></tr><tr style="height:11pt"><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">Subsequent events</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:100%">15, 17, 20</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr></table></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">The accompanying notes are an integral part of the interim condensed consolidated financial statements.</font></div><div style="text-align:justify"><font><br></font></div><div style="height:45pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="margin-top:5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.561%"><tr><td style="width:1.0%"></td><td style="width:32.233%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:32.233%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:32.234%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Rogers Communications Inc.</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><div style="text-align:center"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">4</font></div></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Second Quarter 2026</font></td></tr><tr><td colspan="3" style="display:none"></td></tr></table></div></div></div><div id="ie55877b7385543b1a229e0811caf6ea9_13"></div><hr style="page-break-after:always"><div style="min-height:45pt;width:100%"><div style="text-align:justify"><font><br></font></div></div><div><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:700;line-height:120%">Rogers Communications Inc.</font></div><div><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:700;line-height:120%">Interim Condensed Consolidated Statements of Changes in Equity</font></div><div><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">(In millions of Canadian dollars, except number of shares, unaudited)</font></div><div style="margin-top:5pt;text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.699%"><tr><td style="width:1.0%"></td><td style="width:20.285%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.827%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.279%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.526%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.279%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.677%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.183%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.677%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.333%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:4.924%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.881%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:4.929%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="border-top:1pt solid #000;padding:0 1pt"></td><td colspan="27" style="border-top:1pt solid #000;padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">Attributable to RCI shareholders</font></td><td colspan="3" style="border-left:0.5pt solid #000;border-top:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000;border-top:1pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="6" style="border-top:0.5pt solid #000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">Class A</font></div><div style="text-align:center"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">Voting Shares</font></div></td><td colspan="6" style="border-top:0.5pt solid #000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">Class B</font></div><div style="text-align:center"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">Non-Voting Shares</font></div></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000;border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">Six months ended June 30, 2026</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">Amount</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">Number</font></div><div style="text-align:right"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">of&#160;shares</font></div><div style="text-align:right"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">(000s)</font></div></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">Amount</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">Number</font></div><div style="text-align:right"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">of&#160;shares</font></div><div style="text-align:right"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">(000s)</font></div></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">Retained</font></div><div style="text-align:right"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">earnings</font></div></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">FVTOCI investment reserve</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">Hedging</font></div><div style="text-align:right"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">reserve</font></div></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">Equity</font></div><div style="text-align:right"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">investment reserve</font></div></td><td colspan="3" style="border-left:0.5pt solid #000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">Total</font></td><td colspan="3" style="border-left:0.5pt solid #000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">Non-<br>controlling<br>interest</font></td><td colspan="3" style="border-left:0.5pt solid #000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">Total<br>equity</font></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt 1.5pt 10.75pt;text-align:left;text-indent:-9pt;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">Balances, January 1, 2026</font></td><td colspan="2" style="border-top:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">71&#160;</font></td><td style="border-top:0.5pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-top:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">111,152&#160;</font></td><td style="border-top:0.5pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-top:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">2,415&#160;</font></td><td style="border-top:0.5pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-top:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">429,073&#160;</font></td><td style="border-top:0.5pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-top:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">16,528&#160;</font></td><td style="border-top:0.5pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-top:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">32&#160;</font></td><td style="border-top:0.5pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-top:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">(1,305)</font></td><td style="border-top:0.5pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-top:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">10&#160;</font></td><td style="border-top:0.5pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-left:0.5pt solid #000;border-top:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">17,751&#160;</font></td><td style="border-top:0.5pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-left:0.5pt solid #000;border-top:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">6,535&#160;</font></td><td style="border-top:0.5pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-left:0.5pt solid #000;border-top:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">24,286&#160;</font></td><td style="border-top:0.5pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:left;vertical-align:top"><div style="padding-left:9.75pt;text-indent:-9pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">Net income for the period</font></div></td><td colspan="2" style="border-top:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="border-top:0.5pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-top:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="border-top:0.5pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-top:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="border-top:0.5pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-top:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="border-top:0.5pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-top:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">(288)</font></td><td style="border-top:0.5pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-top:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="border-top:0.5pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-top:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="border-top:0.5pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-top:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="border-top:0.5pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-left:0.5pt solid #000;border-top:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">(288)</font></td><td style="border-top:0.5pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-left:0.5pt solid #000;border-top:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">105&#160;</font></td><td style="border-top:0.5pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-left:0.5pt solid #000;border-top:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">(183)</font></td><td style="border-top:0.5pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr style="height:8pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><div style="padding-left:9.75pt;text-indent:-9pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">Other comprehensive income&#58;</font></div></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 15.25pt;text-align:left;text-indent:-9pt;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">FVTOCI investments, net of tax</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">11&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-left:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">11&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-left:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-left:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">11&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 15.25pt;text-align:left;text-indent:-9pt;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">Derivative instruments accounted for as hedges, net of tax</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">(375)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-left:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">(375)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-left:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-left:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">(375)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt 1.5pt 10.75pt;text-align:left;text-indent:-9pt;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">Total other comprehensive income (loss)</font></td><td colspan="2" style="border-top:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="border-top:0.5pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-top:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="border-top:0.5pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-top:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="border-top:0.5pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-top:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="border-top:0.5pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-top:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="border-top:0.5pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-top:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">11&#160;</font></td><td style="border-top:0.5pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-top:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">(375)</font></td><td style="border-top:0.5pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-top:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="border-top:0.5pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-left:0.5pt solid #000;border-top:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">(364)</font></td><td style="border-top:0.5pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-left:0.5pt solid #000;border-top:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="border-top:0.5pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-left:0.5pt solid #000;border-top:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">(364)</font></td><td style="border-top:0.5pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:left;vertical-align:top"><div style="padding-left:9pt;text-indent:-9pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">Comprehensive income (loss) for the period</font></div></td><td colspan="2" style="border-top:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="border-top:0.5pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-top:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="border-top:0.5pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-top:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="border-top:0.5pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-top:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="border-top:0.5pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-top:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">(288)</font></td><td style="border-top:0.5pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-top:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">11&#160;</font></td><td style="border-top:0.5pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-top:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">(375)</font></td><td style="border-top:0.5pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-top:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="border-top:0.5pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-left:0.5pt solid #000;border-top:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">(652)</font></td><td style="border-top:0.5pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-left:0.5pt solid #000;border-top:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">105&#160;</font></td><td style="border-top:0.5pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-left:0.5pt solid #000;border-top:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">(547)</font></td><td style="border-top:0.5pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr style="height:8pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 9.25pt;text-align:left;text-indent:-9pt;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">Transactions with shareholders recorded directly in equity&#58;</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 21.25pt;text-align:left;text-indent:-9pt;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">Dividends declared</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">(540)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-left:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">(540)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-left:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-left:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">(540)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 21.25pt;text-align:left;text-indent:-9pt;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">Share class exchange</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">(3)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">3&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-left:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-left:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-left:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr style="height:8pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><div style="padding-left:9pt;text-indent:-9pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">Dividends declared by a subsidiary to non-controlling interests (note 17)</font></div></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-left:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-left:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">(349)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-left:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">(349)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:1.5pt 1pt 1.5pt 10pt;text-align:left;text-indent:-9pt;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">Total transactions with shareholders</font></td><td colspan="2" style="border-top:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="border-top:0.5pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">(3)</font></td><td style="border-top:0.5pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="border-top:0.5pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">3&#160;</font></td><td style="border-top:0.5pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">(540)</font></td><td style="border-top:0.5pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="border-top:0.5pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="border-top:0.5pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="border-top:0.5pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-left:0.5pt solid #000;border-top:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">(540)</font></td><td style="border-top:0.5pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-left:0.5pt solid #000;border-top:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">(349)</font></td><td style="border-top:0.5pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-left:0.5pt solid #000;border-top:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">(889)</font></td><td style="border-top:0.5pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr style="height:8pt"><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000;border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000;border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000;border-top:0.5pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 5.5pt;text-align:left;text-indent:-4.5pt;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:700;line-height:100%">Balances, June 30, 2026</font></td><td colspan="2" style="border-bottom:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:700;line-height:100%">71</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#160;</font></td><td style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-bottom:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:700;line-height:100%">111,149</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#160;</font></td><td style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-bottom:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:700;line-height:100%">2,415</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#160;</font></td><td style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-bottom:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:700;line-height:100%">429,076</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#160;</font></td><td style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-bottom:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:700;line-height:100%">15,700</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#160;</font></td><td style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-bottom:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:700;line-height:100%">43</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#160;</font></td><td style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-bottom:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:700;line-height:100%">(1,680)</font></td><td style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-bottom:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:700;line-height:100%">10</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#160;</font></td><td style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-bottom:1pt solid #000000;border-left:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:700;line-height:100%">16,559</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#160;</font></td><td style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-bottom:1pt solid #000000;border-left:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:700;line-height:100%">6,291</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#160;</font></td><td style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-bottom:1pt solid #000000;border-left:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:700;line-height:100%">22,850</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#160;</font></td><td style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr></table></div><div style="margin-top:5pt;text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.699%"><tr><td style="width:1.0%"></td><td style="width:20.285%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.827%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.279%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.526%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.279%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.677%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.183%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.677%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.333%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:4.924%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.881%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:4.929%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="border-top:1pt solid #000;padding:0 1pt"></td><td colspan="27" style="border-top:1pt solid #000;padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">Attributable to RCI shareholders</font></td><td colspan="3" style="border-left:0.5pt solid #000;border-top:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000;border-top:1pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="6" style="border-top:0.5pt solid #000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">Class A</font></div><div style="text-align:center"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">Voting Shares</font></div></td><td colspan="6" style="border-top:0.5pt solid #000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">Class B</font></div><div style="text-align:center"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">Non-Voting Shares</font></div></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000;border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">Six months ended June 30, 2025</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">Amount</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">Number</font></div><div style="text-align:right"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">of&#160;shares</font></div><div style="text-align:right"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">(000s)</font></div></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">Amount</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">Number</font></div><div style="text-align:right"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">of&#160;shares</font></div><div style="text-align:right"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">(000s)</font></div></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">Retained</font></div><div style="text-align:right"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">earnings</font></div></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">FVTOCI investment reserve</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">Hedging</font></div><div style="text-align:right"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">reserve</font></div></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">Equity</font></div><div style="text-align:right"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">investment reserve</font></div></td><td colspan="3" style="border-left:0.5pt solid #000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">Total</font></td><td colspan="3" style="border-left:0.5pt solid #000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">Non-<br>controlling<br>interest</font></td><td colspan="3" style="border-left:0.5pt solid #000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">Total<br>equity</font></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt 1.5pt 10.75pt;text-align:left;text-indent:-9pt;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">Balances, January 1, 2025</font></td><td colspan="2" style="border-top:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">71&#160;</font></td><td style="border-top:0.5pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-top:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">111,152&#160;</font></td><td style="border-top:0.5pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-top:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">2,250&#160;</font></td><td style="border-top:0.5pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-top:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">424,949&#160;</font></td><td style="border-top:0.5pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-top:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">10,630&#160;</font></td><td style="border-top:0.5pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-top:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">(7)</font></td><td style="border-top:0.5pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-top:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">(2,551)</font></td><td style="border-top:0.5pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-top:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">10&#160;</font></td><td style="border-top:0.5pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-left:0.5pt solid #000;border-top:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">10,403&#160;</font></td><td style="border-top:0.5pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-left:0.5pt solid #000;border-top:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="border-top:0.5pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-left:0.5pt solid #000;border-top:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">10,403&#160;</font></td><td style="border-top:0.5pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:left;vertical-align:top"><div style="padding-left:9.75pt;text-indent:-9pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">Net income (loss) for the period</font></div></td><td colspan="2" style="border-top:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="border-top:0.5pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-top:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="border-top:0.5pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-top:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="border-top:0.5pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-top:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="border-top:0.5pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-top:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">437&#160;</font></td><td style="border-top:0.5pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-top:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="border-top:0.5pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-top:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="border-top:0.5pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-top:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="border-top:0.5pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-left:0.5pt solid #000;border-top:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">437&#160;</font></td><td style="border-top:0.5pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-left:0.5pt solid #000;border-top:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">(9)</font></td><td style="border-top:0.5pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-left:0.5pt solid #000;border-top:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">428&#160;</font></td><td style="border-top:0.5pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr style="height:8pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><div style="padding-left:9.75pt;text-indent:-9pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">Other comprehensive income&#58;</font></div></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 15.25pt;text-align:left;text-indent:-9pt;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">Defined benefit pension plans, net of tax</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">49&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-left:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">49&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-left:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-left:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">49&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 15.25pt;text-align:left;text-indent:-9pt;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">FVTOCI investments, net of tax</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 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Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">728&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-left:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">728&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-left:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-left:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">728&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt 1.5pt 10.75pt;text-align:left;text-indent:-9pt;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">Total other comprehensive income (loss)</font></td><td colspan="2" style="border-top:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="border-top:0.5pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-top:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="border-top:0.5pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-top:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="border-top:0.5pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-top:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="border-top:0.5pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-top:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">49&#160;</font></td><td style="border-top:0.5pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-top:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">(22)</font></td><td style="border-top:0.5pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-top:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">728&#160;</font></td><td style="border-top:0.5pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-top:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="border-top:0.5pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-left:0.5pt solid #000;border-top:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">755&#160;</font></td><td style="border-top:0.5pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-left:0.5pt solid #000;border-top:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="border-top:0.5pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-left:0.5pt solid #000;border-top:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">755&#160;</font></td><td style="border-top:0.5pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:left;vertical-align:top"><div style="padding-left:9pt;text-indent:-9pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">Comprehensive income (loss) for the period</font></div></td><td colspan="2" style="border-top:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="border-top:0.5pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-top:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="border-top:0.5pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-top:0.5pt solid 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1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-top:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">(22)</font></td><td style="border-top:0.5pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-top:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">728&#160;</font></td><td style="border-top:0.5pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-top:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="border-top:0.5pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-left:0.5pt solid #000;border-top:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">1,192&#160;</font></td><td style="border-top:0.5pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-left:0.5pt solid #000;border-top:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">(9)</font></td><td style="border-top:0.5pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-left:0.5pt solid #000;border-top:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">1,183&#160;</font></td><td style="border-top:0.5pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr style="height:8pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 9.25pt;text-align:left;text-indent:-9pt;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">Transactions with shareholders recorded directly in equity&#58;</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 21.25pt;text-align:left;text-indent:-9pt;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">Dividends declared</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">(538)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-left:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">(538)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-left:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-left:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">(538)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><div style="padding-left:20.25pt;text-indent:-9pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">Share price change on DRIP dividends</font></div></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td 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1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">(2)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-left:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-left:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">(2)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr style="height:8pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" 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Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-left:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-left:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">6,656&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-left:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">6,656&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><div style="padding-left:9pt;text-indent:-9pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">Shares issued as settlement of dividends (note 17)</font></div></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">165&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">4,124&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-left:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">165&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-left:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-left:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">165&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:1.5pt 1pt 1.5pt 10pt;text-align:left;text-indent:-9pt;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">Total transactions with shareholders</font></td><td colspan="2" style="border-top:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="border-top:0.5pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="border-top:0.5pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">165&#160;</font></td><td style="border-top:0.5pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">4,124&#160;</font></td><td style="border-top:0.5pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">(540)</font></td><td style="border-top:0.5pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="border-top:0.5pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="border-top:0.5pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="border-top:0.5pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-left:0.5pt solid #000;border-top:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">(375)</font></td><td style="border-top:0.5pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-left:0.5pt solid #000;border-top:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">6,656&#160;</font></td><td style="border-top:0.5pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-left:0.5pt solid #000;border-top:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">6,281&#160;</font></td><td style="border-top:0.5pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr style="height:8pt"><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000;border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000;border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000;border-top:0.5pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-bottom:1pt solid #000000;padding:1.5pt 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">Balances, June 30, 2025</font></td><td colspan="2" style="border-bottom:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">71&#160;</font></td><td style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-bottom:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">111,152&#160;</font></td><td style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-bottom:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">2,415&#160;</font></td><td style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-bottom:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">429,073&#160;</font></td><td style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-bottom:1pt solid 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0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-bottom:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">10&#160;</font></td><td style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-bottom:1pt solid #000000;border-left:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">11,220&#160;</font></td><td style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-bottom:1pt solid #000000;border-left:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">6,647&#160;</font></td><td style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-bottom:1pt solid #000000;border-left:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">17,867&#160;</font></td><td style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr></table></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">The accompanying notes are an integral part of the interim condensed consolidated financial statements.</font></div><div style="height:45pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="margin-top:5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.561%"><tr><td style="width:1.0%"></td><td style="width:32.233%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:32.233%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:32.234%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Rogers Communications Inc.</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><div style="text-align:center"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">5</font></div></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Second Quarter 2026</font></td></tr><tr><td colspan="3" style="display:none"></td></tr></table></div></div></div><div id="ie55877b7385543b1a229e0811caf6ea9_16"></div><hr style="page-break-after:always"><div style="min-height:45pt;width:100%"><div style="text-align:justify"><font><br></font></div></div><div><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:700;line-height:120%">Rogers Communications Inc.</font></div><div><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:700;line-height:120%">Interim Condensed Consolidated Statements of Cash Flows</font></div><div><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">(In millions of Canadian dollars, unaudited)</font></div><div style="margin-top:5pt;text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.399%"><tr><td style="width:1.0%"></td><td style="width:44.217%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:4.187%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.984%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.984%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.857%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.984%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.987%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 30.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;&#160;</font></td><td colspan="3" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;&#160;</font></td><td colspan="6" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Three months ended June 30</font></td><td colspan="3" style="border-right:0.5pt solid #000;border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="6" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Six months ended June 30</font></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;&#160;</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Note</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2026</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2025</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000;border-top:0.5pt solid #000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2026</font></td><td colspan="3" style="border-top:0.5pt solid #000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2025</font></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Operating activities&#58;</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000;border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 8.5pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Net (loss) income for the period</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(665)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">148&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(183)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">428&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 17.5pt;text-align:left;text-indent:-9pt;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Adjustments to reconcile 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style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,184&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2,415</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2,350&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 17.5pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Program rights amortization</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">33</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">31&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">86</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">50&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 17.5pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Finance costs</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:100%">8&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">565</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">628&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">1,008</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,207&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 17.5pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Income tax expense</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">148</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">173&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">321</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">273&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 26.5pt;text-align:left;text-indent:-9pt;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Post-employment benefits contributions, net of expense</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">18</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">19&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">34</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">36&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 26.5pt;text-align:left;text-indent:-9pt;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Income from associates and joint ventures</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:100%">9&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(14)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(17)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(2)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 17.5pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Gain on disposition of assets</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(30)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(30)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 17.5pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Loss on revaluation of MLSE put liability</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:100%">20</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">1,034</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">1,034</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 17.5pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Other</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">16</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(38)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">37</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(35)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt 1.5pt 15.25pt;text-align:left;text-indent:-9pt;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Cash provided by operating activities before changes in net operating assets and liabilities, income taxes paid, and interest paid</font></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2,299</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="border-top:0.5pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-top:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2,145&#160;</font></td><td style="border-top:0.5pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000;border-top:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">4,705</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="border-top:0.5pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-top:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">4,307&#160;</font></td><td style="border-top:0.5pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 15.25pt;text-align:left;text-indent:-9pt;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Change in net operating assets and liabilities</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:100%">21&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(160)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(28)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(319)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(111)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 6.25pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Income taxes paid</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(166)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(126)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(366)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(314)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 6.25pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Interest paid, net</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#160;</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(456)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(395)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(1,008)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(990)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000;border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Cash provided by operating activities</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#160;</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">1,517</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,596&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">3,012</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2,892&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000;border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Investing activities&#58;</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 17.5pt;text-align:left;text-indent:-9pt;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Capital expenditures</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:100%">21&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(695)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(831)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(1,503)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(1,809)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 17.5pt;text-align:left;text-indent:-9pt;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Additions to program rights and other intangible assets</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(43)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(24)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(141)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(48)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 17.5pt;text-align:left;text-indent:-9pt;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Changes in non-cash working capital related to investing activities</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(83)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(68)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(195)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(56)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 17.5pt;text-align:left;text-indent:-9pt;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Acquisitions and other strategic transactions, net of cash acquired</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">&#8212;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(85)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 17.5pt;text-align:left;text-indent:-9pt;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Other</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(6)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">7&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(9)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">8&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000;border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Cash used in investing activities</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:100%">&#160;</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(827)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(916)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(1,933)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(1,905)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000;border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Financing activities&#58;</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 17.5pt;text-align:left;text-indent:-9pt;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Net proceeds received from (repayment of) short-term borrowings</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:100%">14&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">161</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(483)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(1,791)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(1,336)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 17.5pt;text-align:left;text-indent:-9pt;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Net (repayment) issuance of long-term debt</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:100%">15&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">&#8212;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(2,178)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2,169</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">424&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 17.5pt;text-align:left;text-indent:-9pt;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Net proceeds (payments) on settlement of debt derivatives and subsidiary equity derivatives</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:100%">11&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">20</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(6)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">26</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">77&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 17.5pt;text-align:left;text-indent:-9pt;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Transaction costs incurred</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:100%">15&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(2)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(61)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(29)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(99)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 17.5pt;text-align:left;text-indent:-9pt;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Principal payments of lease liabilities</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:100%">16&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(141)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(134)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(297)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(267)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 17.5pt;text-align:left;text-indent:-9pt;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Dividends paid to RCI shareholders</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:100%">17&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(270)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(188)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(540)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(373)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 17.5pt;text-align:left;text-indent:-9pt;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Distributions paid by subsidiaries to non-controlling interests</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:100%">17&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(117)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(233)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 17.5pt;text-align:left;text-indent:-9pt;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Issuance of subsidiary shares to non-controlling interest</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:100%">17&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">&#8212;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">6,656&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">&#8212;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">6,656&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 17.5pt;text-align:left;text-indent:-9pt;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Other</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(1)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(3)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(2)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(4)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000;border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Cash (used in) provided by financing activities</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(350)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">3,603&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(697)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">5,078&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000;border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 12.28pt;text-align:left;text-indent:-10.62pt;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Change in cash and cash equivalents</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">340</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">4,283&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">382</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">6,065&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 12.28pt;text-align:left;text-indent:-10.62pt;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Cash and cash equivalents, beginning of period</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">1,386</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2,680&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">1,344</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">898&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000;border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-bottom:1pt solid #000;padding:1.5pt 1pt 1.5pt 12.28pt;text-align:left;text-indent:-10.62pt;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Cash and cash equivalents, end of period</font></td><td colspan="3" style="border-bottom:1pt solid #000000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td colspan="2" style="border-bottom:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">1,726</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-bottom:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">6,963&#160;</font></td><td style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="border-bottom:1pt solid #000000;padding:0 1pt"></td><td colspan="2" style="border-bottom:1pt solid #000000;border-left:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">1,726</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-bottom:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">6,963&#160;</font></td><td style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr></table></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">The accompanying notes are an integral part of the interim condensed consolidated financial statements.</font></div><div style="text-align:justify"><font><br></font></div><div style="height:45pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="margin-top:5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.561%"><tr><td style="width:1.0%"></td><td style="width:32.233%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:32.233%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:32.234%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Rogers Communications Inc.</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><div style="text-align:center"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">6</font></div></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Second Quarter 2026</font></td></tr><tr><td colspan="3" style="display:none"></td></tr></table></div></div></div><div id="ie55877b7385543b1a229e0811caf6ea9_19"></div><hr style="page-break-after:always"><div style="min-height:45pt;width:100%"><div style="text-align:justify"><font><br></font></div></div><div><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:700;line-height:120%">NOTE 1&#58; NATURE OF THE BUSINESS</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Rogers Communications Inc. is Canada's communications, sports and entertainment company. Substantially all of our operations and sales are in Canada. RCI is incorporated in Canada and its registered office is located at 333 Bloor Street East, Toronto, Ontario, M4W 1G9. RCI's shares are publicly traded on the Toronto Stock Exchange (TSX&#58; RCI.A and RCI.B) and on the New York Stock Exchange (NYSE&#58; RCI).</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:120%">We, us, our, Rogers, Rogers Communications,</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%"> and </font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:120%">the Company</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%"> refer to Rogers Communications Inc. and its subsidiaries. </font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:120%">RCI</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%"> refers to the legal entity Rogers Communications Inc., not including its subsidiaries. Rogers also holds interests in various investments and ventures.  </font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">We report our results of operations in three reportable segments. Each segment and the nature of its business is as follows&#58;</font></div><div style="margin-top:5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:8.359%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:89.441%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Segment</font></td><td colspan="3" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Principal activities</font></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Wireless</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Wireless telecommunications operations for Canadian consumers, businesses, the public sector, and wholesale providers.</font></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Cable</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Cable telecommunications operations, including Internet, television and other video (Video), Satellite, telephony (Home Phone), and home monitoring services for Canadian consumers and businesses, and network connectivity through our fibre network to support a range of voice, data, networking, hosting, and cloud-based services for the business, public sector, and carrier wholesale markets.</font></td></tr><tr><td colspan="3" style="border-bottom:1pt solid #000000;border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Media</font></td><td colspan="3" style="border-bottom:1pt solid #000000;border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:100%">A diversified portfolio of media properties, including sports media and entertainment, sports team ownership, television and radio broadcasting, specialty channels, and digital media.</font></td></tr></table></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">During the six months ended June&#160;30, 2026, Wireless and Cable were operated by our wholly owned subsidiary, Rogers Communications Canada Inc. (RCCI), and certain other subsidiaries. Media was operated by our wholly owned subsidiary, Rogers Media Inc., its subsidiaries, and Maple Leaf Sports &#38; Entertainment Ltd. (MLSE). Effective July 2025, TSC was transferred from the Media reportable segment to Corporate Items, consistent with changes to its management structure. Comparative results have been recast to reflect this change, with no impact on consolidated results.</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Our operating results are subject to seasonal fluctuations that materially impact quarter-to-quarter operating results and thus, one quarter's operating results are not necessarily indicative of a subsequent quarter's operating results. These typical fluctuations are described in note 1 to our annual audited consolidated financial statements for the year ended December&#160;31, 2025 (2025 financial statements).</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">References in these financial statements to the Shaw Transaction are to our acquisition of Shaw Communications Inc. (Shaw) on April 3, 2023. For additional details regarding the Shaw Transaction, see note 3 to our 2024 financial statements. References to the MLSE Transaction are to our acquisition of BCE Inc.'s (Bell) indirect 37.5% interest in MLSE on July 1, 2025. For additional details, see &#34;MLSE Transaction&#34; in our 2025 Annual MD&#38;A and our 2025 financial statements. References to the &#34;network transaction&#34; are to our sale of a non-controlling interest in Backhaul Network Services Inc. (BNSI), a Canadian subsidiary of Rogers that owns a minor part of our wireless network. For additional details, see &#34;Subsidiary Equity Investment&#34; in our 2025 Annual MD&#38;A and our 2025 financial statements.</font></div><div style="text-align:justify"><font><br></font></div><div><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:700;line-height:120%">Statement of Compliance</font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">We prepared our interim condensed consolidated financial statements for the three and six months ended June&#160;30, 2026 (second quarter 2026 interim financial statements) in accordance with International Accounting Standard 34, </font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:120%">Interim Financial Reporting</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">, as issued by the International Accounting Standards Board (IASB), following the same accounting policies and methods of application as those disclosed in our 2025 financial statements. These second quarter 2026 interim financial statements were approved by the Audit and Risk Committee of RCI's Board of Directors (the Board) on July&#160;21, 2026.</font></div><div style="text-align:justify"><font><br></font></div><div id="ie55877b7385543b1a229e0811caf6ea9_22"></div><div><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:700;line-height:120%">NOTE 2&#58; MATERIAL ACCOUNTING POLICIES</font></div><div><font><br></font></div><div><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:700;line-height:120%">Basis of Presentation</font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">The notes presented in these second quarter 2026 interim financial statements include only material transactions and changes occurring for the six months since our year-end of December&#160;31, 2025 and do not include all disclosures required by International Financial Reporting Standards (IFRS) as issued by the IASB for annual financial statements. These second quarter 2026 interim financial statements should be read in conjunction with the 2025 financial statements.</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">All dollar amounts are in Canadian dollars unless otherwise stated.</font></div><div><font><br></font></div><div style="text-align:justify"><font><br></font></div><div style="height:45pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="margin-top:5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.561%"><tr><td style="width:1.0%"></td><td style="width:32.233%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:32.233%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:32.234%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Rogers Communications Inc.</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><div style="text-align:center"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">7</font></div></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Second Quarter 2026</font></td></tr><tr><td colspan="3" style="display:none"></td></tr></table></div></div></div><hr style="page-break-after:always"><div style="min-height:45pt;width:100%"><div style="text-align:justify"><font><br></font></div></div><div><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:700;line-height:120%">New Accounting Pronouncements Adopted in 2026</font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">We adopted the following IFRS amendments in 2026. They did not have a material effect on our consolidated financial statements.</font></div><div style="padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:112%">&#8226;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:112%;padding-left:13.5pt">Amendments to IFRS 9, </font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:112%">Financial Instruments</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:112%"> and IFRS 7, </font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:112%">Financial Instruments&#58; Disclosures, </font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:112%">clarifying both the classification of financial assets linked to environmental, social, and governance as well as the timing in which a financial asset or financial liability is derecognized when using electronic payment systems.</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:112%"> </font></div><div><font><br></font></div><div><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:700;line-height:120%">Recent Accounting Pronouncements Not Yet Adopted</font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">The IASB has not issued any new or amended accounting pronouncements in 2026.</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">The IASB has issued the following new standard that will become effective in future years&#58;</font></div><div style="padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:13.5pt">IFRS 18, </font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:120%">Presentation and Disclosure in Financial Statements </font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">(replacing IAS 1, </font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:120%">Presentation of Financial Statements</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">), with an aim to improve the structure and content of the primary financial statements and comparability between issuers (January 1, 2027). The focus of IFRS 18 is on presentation in the statement of income by requiring income and expenses to be classified into operating, investing, and financing categories. The main business activities of a company drive classification of income and expense into appropriate categories and further disaggregation of operating expense line items will be required in the statement of income. It also introduces defined subtotals of &#34;operating profit&#34; and &#34;profit before financing and income taxes&#34; in the statement of income to improve comparability between companies. Impacts on the statement of cash flows include eliminating classification options for interest and dividend receipts (must be classified as investing) and payments (must be classified as financing). In addition, IFRS 18 provides guidance on the disclosure of &#34;management-defined performance measures&#34; in relation to the statement of income, including reconciliation requirements.</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">We are continuing to assess the impacts IFRS 18 will have on our consolidated financial statements. We expect our consolidated statements of income will be presented differently under IFRS 18 and there will be recategorizations of certain line items in the statements of income and statements of cash flows. </font></div><div style="text-align:justify"><font><br></font></div><div id="ie55877b7385543b1a229e0811caf6ea9_28"></div><div><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:700;line-height:120%">NOTE 3&#58; CAPITAL RISK MANAGEMENT</font></div><div style="text-align:justify"><font><br></font></div><div><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:700;line-height:120%">Key Metrics and Ratios</font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">We monitor adjusted net debt, debt leverage ratio, free cash flow, and available liquidity to manage our capital structure and related risks. These are not standardized financial measures under IFRS and might not be comparable to similar capital management measures disclosed by other companies. A summary of our key metrics and ratios follows, along with a reconciliation between each of these measures and the items presented in the interim condensed consolidated financial statements.</font></div><div style="text-align:justify"><font><br></font></div><div><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%;text-decoration:underline">Adjusted net debt and debt leverage ratio</font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">We monitor adjusted net debt and debt leverage ratio as part of the management of liquidity to sustain future development of our business, conduct valuation-related analyses, and make decisions about capital. In so doing, we typically aim to have an adjusted net debt and debt leverage ratio that allow us to maintain investment-grade credit ratings, which allows us the associated access to capital markets. Our debt leverage ratio can increase due to strategic, long-term investments (for example, to obtain new spectrum licences or to consummate an acquisition) and we work to lower the ratio over time. While our debt leverage ratio has increased as a result of the MLSE Transaction, we intend to manage our debt leverage ratio through combined operational synergies, organic growth in adjusted EBITDA, proceeds from asset sales and monetizations, equity financing, and debt repayment, as applicable. As at June&#160;30, 2026 and December 31, 2025, we met our objectives for these metrics.</font></div><div style="margin-top:5pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:70.972%"></td><td style="width:0.1%"></td><td colspan="3" style="display:none"></td><td style="width:1.0%"></td><td style="width:12.863%"></td><td style="width:0.1%"></td><td colspan="3" style="display:none"></td><td style="width:1.0%"></td><td style="width:12.865%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">As at<br>June 30</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">As at<br>December&#160;31</font></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(In millions of dollars, except ratios)</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2026</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2025</font></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><div style="padding-left:0.75pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Adjusted net debt </font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:5.2pt;font-weight:400;line-height:100%;position:relative;top:-2.8pt;vertical-align:baseline">1,2</font></div></td><td colspan="3" style="display:none"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">38,006</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">38,856&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Divided by&#58; trailing 12-month adjusted EBITDA</font></td><td colspan="3" style="display:none"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">10,010</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">9,820&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Debt leverage ratio</font></td><td colspan="3" style="display:none"></td><td colspan="2" style="border-bottom:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">3.8</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td><td colspan="2" style="border-bottom:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">4.0&#160;</font></td><td style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr></table></div><div style="margin-top:3pt;padding-left:4.5pt;text-align:justify;text-indent:-4.5pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">1&#160;&#160;&#160;&#160;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:120%">For the purposes of calculating adjusted net debt and debt leverage ratio, we believe adjusting 50% of the value of our subordinated notes is appropriate as this methodology factors in certain circumstances with respect to priority for payment and this approach is commonly used to evaluate debt leverage by rating agencies.</font></div><div style="padding-left:4.5pt;text-align:justify;text-indent:-4.5pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">2&#160;&#160;&#160;&#160;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:120%">For the purposes of calculating adjusted net debt and debt leverage ratio, we have added the deferred government grant liability relating to our Canada Infrastructure Bank facility to reflect the inclusion of the cash drawings.</font></div><div style="text-align:justify"><font><br></font></div><div style="height:45pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="margin-top:5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.561%"><tr><td style="width:1.0%"></td><td style="width:32.233%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:32.233%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:32.234%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Rogers Communications Inc.</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><div style="text-align:center"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">8</font></div></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Second Quarter 2026</font></td></tr><tr><td colspan="3" style="display:none"></td></tr></table></div></div></div><hr style="page-break-after:always"><div style="min-height:45pt;width:100%"><div style="text-align:justify"><font><br></font></div></div><div><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%;text-decoration:underline">Free cash flow</font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">We use free cash flow to understand how much cash we generate that is available to repay debt or reinvest in our business, which is an important indicator of our financial strength and performance.</font></div><div style="margin-top:5pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:43.794%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:4.906%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.912%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.912%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.851%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.912%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.913%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;&#160;</font></td><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="6" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Three months ended June 30</font></td><td colspan="3" style="border-right:0.5pt solid #000000;border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="6" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Six months ended June 30</font></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(In millions of dollars)</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Note</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2026</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2025</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2026</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2025</font></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted 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0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">4,806</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">4,616&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted 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Next',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:100%">21&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">695</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">831&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid 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style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">233</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><div style="padding-left:14.25pt;text-indent:-9pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Net cash proceeds on subsidiary equity derivatives</font><font style="color:#000000;font-family:'Ted 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#000;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Free cash flow</font></td><td colspan="3" style="border-bottom:1pt solid #000000;padding:0 1pt"></td><td colspan="2" style="border-bottom:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">982</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-bottom:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font 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Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,511&#160;</font></td><td style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr></table></div><div style="margin-top:3pt;padding-left:4.5pt;text-align:justify;text-indent:-4.5pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">1&#160;&#160;&#160;&#160;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Includes additions to property, plant and equipment net of proceeds on disposition and accrued government grants, but does not include expenditures for spectrum licences, additions to right-of-use assets, or assets acquired through business combinations.</font></div><div style="padding-left:4.5pt;text-align:justify;text-indent:-4.5pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">2&#160;&#160;&#160;&#160;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Cash income taxes are net of refunds received.</font></div><div style="padding-left:4.5pt;text-align:justify;text-indent:-4.5pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">3</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:120%">&#160;&#160;&#160;&#160;Reflects the impact of the subsidiary equity derivatives, which we entered into to economically hedge the distributions to non-controlling interests. See note 11 for more information.</font></div><div style="text-align:justify"><font><br></font></div><div style="padding-left:4.5pt;text-align:justify;text-indent:-4.5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:43.794%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:4.906%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.912%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.912%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.851%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.912%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.913%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;&#160;</font></td><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="6" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Three months ended June 30</font></td><td colspan="3" style="border-right:0.5pt solid #000000;border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="6" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Six months ended June 30</font></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:bottom"><font 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1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2026</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2025</font></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Cash provided by operating activities</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">1,517</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,596&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">3,012</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2,892&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Add (deduct)&#58;</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 6.25pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Capital expenditures</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:100%">21</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(695)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(831)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(1,503)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(1,809)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 6.25pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Interest on borrowings, net and capitalized interest</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:100%">8</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(494)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(480)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(970)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(982)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 6.25pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Interest paid</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">456</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">395&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">1,008</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">990&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 6.25pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Restructuring, acquisition and other</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:100%">7</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">211</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">238&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">260</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">365&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 6.25pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Program rights amortization</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(33)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(31)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(86)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(50)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 6.25pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Change in net operating assets and liabilities</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:100%">21</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">160</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">28&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">319</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">111&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 14.5pt;text-align:left;text-indent:-9pt;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Distributions paid by subsidiaries to non-controlling interests</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:100%">17</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(117)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(233)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 14.5pt;text-align:left;text-indent:-9pt;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Net cash proceeds on subsidiary equity derivatives</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:100%">17</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">12</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">24</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 6.25pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Post-employment benefit contributions, net of expense</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(18)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(19)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(34)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(36)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 6.25pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Cash flows relating to other operating activities</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(16)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">38&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(37)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">35&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 6.25pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Other investment income</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:100%">9</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(1)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(9)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(2)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(5)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-bottom:1pt solid #000;padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Free cash flow</font></td><td colspan="3" style="border-bottom:1pt solid #000;padding:0 1pt"></td><td colspan="2" style="border-bottom:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">982</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="border-bottom:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-bottom:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">925&#160;</font></td><td style="border-bottom:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="border-bottom:1pt solid #000;padding:0 1pt"></td><td colspan="2" style="border-bottom:1pt solid #000;border-left:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">1,758</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="border-bottom:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-bottom:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,511&#160;</font></td><td style="border-bottom:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr></table></div><div style="padding-left:4.5pt;text-align:justify;text-indent:-4.5pt"><font><br></font></div><div><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%;text-decoration:underline">Available liquidity</font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Available liquidity fluctuates based on business circumstances. We continually manage (including through monitoring our access to capital markets), and aim to have sufficient, available liquidity at all times to help protect our ability to meet all of our commitments (operationally and for maturing debt obligations), to execute our business plan (including to acquire spectrum licences or consummate acquisitions), to mitigate the risk of economic downturns, and for other unforeseen circumstances. As at June&#160;30, 2026 and December&#160;31, 2025, we had sufficient liquidity available to us to meet this objective.</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Below is a summary of our total available liquidity from our cash and cash equivalents, bank credit facilities, letter of credit facilities, and short-term borrowings, including our receivables securitization program and our US dollar-denominated commercial paper (US CP) program.</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Our $815 million Canada Infrastructure Bank credit agreement is not included in available liquidity as it can only be drawn upon for use in broadband projects under the Universal Broadband Fund, and therefore is not available for other general purposes. During the three and six months ended June&#160;30, 2026, we borrowed nil (2025 - $34 million and $62 million) under this facility.</font></div><div style="height:45pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="margin-top:5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.561%"><tr><td style="width:1.0%"></td><td style="width:32.233%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:32.233%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:32.234%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Rogers Communications Inc.</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><div style="text-align:center"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">9</font></div></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Second Quarter 2026</font></td></tr><tr><td colspan="3" style="display:none"></td></tr></table></div></div></div><hr style="page-break-after:always"><div style="min-height:45pt;width:100%"><div style="text-align:justify"><font><br></font></div></div><div style="margin-top:5pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:23.224%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:4.755%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.863%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.863%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.863%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.863%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.869%"></td><td style="width:0.1%"></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">As at June 30, 2026</font></td><td colspan="3" style="border-top:1pt solid #000;padding:0 1pt"></td><td colspan="3" rowspan="2" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Total sources</font></td><td colspan="3" rowspan="2" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Drawn</font></td><td colspan="3" rowspan="2" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Letters of credit</font></td><td colspan="3" rowspan="2" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">US CP program</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:5.2pt;font-weight:400;line-height:100%;position:relative;top:-2.8pt;vertical-align:baseline"> 1</font></div></td><td colspan="3" rowspan="2" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Net available</font></td></tr><tr style="height:12pt"><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(In millions of dollars)</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Note</font></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Cash and cash equivalents</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,726&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">1,726</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><div style="padding-left:0.75pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Bank credit facilities </font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:5.2pt;font-weight:400;line-height:100%;position:relative;top:-2.8pt;vertical-align:baseline">2</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#58;</font></div></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 6.25pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Revolving</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:100%">15</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">4,260&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">11&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">642&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">3,607</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 6.25pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Non-revolving</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:100%">15</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">300&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">300&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">&#8212;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 6.25pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Outstanding letters of credit</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">75&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">75&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">&#8212;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><div style="padding-left:0.75pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Receivables securitization </font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:5.2pt;font-weight:400;line-height:100%;position:relative;top:-2.8pt;vertical-align:baseline">2</font></div></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:100%">14</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2,400&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,600&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">800</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Total</font></td><td colspan="3" style="border-bottom:1pt solid #000000;padding:0 1pt"></td><td colspan="2" style="border-bottom:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">8,761&#160;</font></td><td style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-bottom:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,900&#160;</font></td><td style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-bottom:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">86&#160;</font></td><td style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-bottom:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">642&#160;</font></td><td style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-bottom:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">6,133</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr></table></div><div style="margin-top:3pt;padding-left:4.5pt;text-align:justify;text-indent:-4.5pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">1&#160;&#160;&#160;&#160;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:120%">The US CP program amounts are gross of the discount on issuance.</font></div><div style="padding-left:4.5pt;text-align:justify;text-indent:-4.5pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">2&#160;&#160;&#160;&#160;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:120%">The total liquidity sources under our bank credit facilities and receivables securitization represents the total credit limits per the relevant agreements. The amount drawn and letters of credit are currently outstanding under those agreements. The US CP program amount represents our currently outstanding US CP borrowings that are backstopped by our revolving credit facility.</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:37.188%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:4.755%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.863%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.863%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.863%"></td><td style="width:0.1%"></td><td colspan="3" style="display:none"></td><td style="width:1.0%"></td><td style="width:12.868%"></td><td style="width:0.1%"></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">As at December 31, 2025</font></td><td colspan="3" style="border-top:1pt solid #000;padding:0 1pt"></td><td colspan="3" rowspan="2" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Total sources</font></td><td colspan="3" rowspan="2" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Drawn</font></td><td colspan="3" rowspan="2" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Letters of credit</font></td><td colspan="3" style="display:none"></td><td colspan="3" rowspan="2" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Net available</font></td></tr><tr style="height:12pt"><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(In millions of dollars)</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Note</font></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Cash and cash equivalents</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,344&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,344&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><div style="padding-left:0.75pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Bank credit facilities </font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:5.2pt;font-weight:400;line-height:100%;position:relative;top:-2.8pt;vertical-align:baseline">1</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#58;</font></div></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 6.25pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Revolving</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:100%">15</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">4,260&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">115&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">10&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">4,135&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 6.25pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Non-revolving</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:100%">14, 15</font></div></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2,300&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2,300&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 6.25pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Outstanding letters of credit</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">45&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">45&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><div style="padding-left:0.75pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Receivables securitization </font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:5.2pt;font-weight:400;line-height:100%;position:relative;top:-2.8pt;vertical-align:baseline">1</font></div></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:100%">14</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2,400&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2,000&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">400&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-bottom:1pt solid #000000;padding:1.5pt 1pt;text-align:left;vertical-align:top"><div style="padding-left:0.75pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Total</font></div></td><td colspan="3" style="border-bottom:1pt solid #000000;padding:0 1pt"></td><td colspan="2" style="border-bottom:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">10,349&#160;</font></td><td style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-bottom:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">4,415&#160;</font></td><td style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-bottom:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">55&#160;</font></td><td style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td><td colspan="2" style="border-bottom:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">5,879&#160;</font></td><td style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr></table></div><div style="margin-top:3pt;padding-left:4.5pt;text-align:justify;text-indent:-4.5pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">1&#160;&#160;&#160;&#160;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:120%">The total liquidity sources under our bank credit facilities and receivables securitization represents the total credit limits per the relevant agreements. The amount drawn and letters of credit are currently outstanding under those agreements.</font></div><div style="padding-left:4.5pt;text-align:justify;text-indent:-4.5pt"><font><br></font></div><div id="ie55877b7385543b1a229e0811caf6ea9_34"></div><div><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:700;line-height:120%">NOTE 4&#58; SEGMENTED INFORMATION</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Our reportable segments are Wireless, Cable, and Media. All three segments operate substantially in Canada. Corporate items and eliminations include our interests in businesses that are not reportable operating segments, corporate administrative functions, and eliminations of inter-segment revenues and costs. Effective July 2025, TSC was transferred from the Media segment to Corporate Items, consistent with changes to its management structure. Comparative results have been recast to reflect this change, with no impact on consolidated results. We follow the same accounting policies for our segments as those described in note 2 of our 2025 financial statements. Segment results include items directly attributable to a segment as well as those that have been allocated on a reasonable basis. We account for transactions between reportable segments in the same way we account for transactions with external parties, however eliminate them on consolidation.</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">The Chief Executive Officer and Chief Financial Officer of RCI are, collectively, our chief operating decision maker and regularly review our operations and performance by segment. They review adjusted EBITDA as the key measure of profit for the purpose of assessing performance of each segment and to make decisions about the allocation of resources. Adjusted EBITDA is defined as income before depreciation and amortization&#59; (gain) loss on disposition of property, plant and equipment&#59; restructuring, acquisition and other&#59; finance costs&#59; other (income) expense&#59; and income tax expense.</font></div><div style="text-align:justify"><font><br></font></div><div style="height:45pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="margin-top:5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.561%"><tr><td style="width:1.0%"></td><td style="width:32.233%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:32.233%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:32.234%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Rogers Communications Inc.</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><div style="text-align:center"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">10</font></div></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Second Quarter 2026</font></td></tr><tr><td colspan="3" style="display:none"></td></tr></table></div></div></div><hr style="page-break-after:always"><div style="min-height:45pt;width:100%"><div style="text-align:justify"><font><br></font></div></div><div><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:700;line-height:120%">Information by Segment</font></div><div style="margin-top:5pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.849%"><tr><td style="width:1.0%"></td><td style="width:41.005%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:4.915%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.922%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.922%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.922%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.734%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.880%"></td><td style="width:0.1%"></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Three months ended June 30, 2026</font></td><td colspan="3" rowspan="2" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Note</font></td><td colspan="3" rowspan="2" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Wireless</font></td><td colspan="3" rowspan="2" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Cable</font></td><td colspan="3" rowspan="2" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Media</font></td><td colspan="3" rowspan="2" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Corporate items <br>and eliminations</font></td><td colspan="3" rowspan="2" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Consolidated<br>totals</font></td></tr><tr style="height:12pt"><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(In millions of dollars)</font></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Revenue from external customers</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:100%">5&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2,504&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,962&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,075&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">74&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">5,615</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Revenue from internal customers</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">36&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">22&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">80&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(138)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">&#8212;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Total revenue</font></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2,540&#160;</font></td><td style="border-top:0.5pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,984&#160;</font></td><td style="border-top:0.5pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,155&#160;</font></td><td style="border-top:0.5pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(64)</font></td><td style="border-top:0.5pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">5,615</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="border-top:0.5pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Operating costs</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:100%">6</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,227&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">826&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,086&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">34&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">3,173</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Adjusted EBITDA</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,313&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,158&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">69&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(98)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2,442</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr style="height:12pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Depreciation and amortization</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">1,194</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Restructuring, acquisition and other</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:100%">7</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">211</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Finance costs</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:100%">8</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">565</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Gain on disposition of assets</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:100%">21</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(30)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Other expense</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:100%">9</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">1,019</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-bottom:1pt solid #000;padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Loss before income taxes</font></td><td colspan="3" style="border-bottom:1pt solid #000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td colspan="3" style="border-bottom:1pt solid #000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td colspan="3" style="border-bottom:1pt solid #000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td colspan="3" style="border-bottom:1pt solid #000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td colspan="3" style="border-bottom:1pt solid #000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td colspan="2" style="border-bottom:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(517)</font></td><td style="border-bottom:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr></table></div><div style="margin-top:5pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.849%"><tr><td style="width:1.0%"></td><td style="width:41.005%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:4.915%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.922%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.922%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.922%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.734%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.880%"></td><td style="width:0.1%"></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Three months ended June 30, 2025</font></td><td colspan="3" rowspan="2" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Note</font></td><td colspan="3" rowspan="2" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Wireless</font></td><td colspan="3" rowspan="2" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Cable</font></td><td colspan="3" rowspan="2" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Media</font></td><td colspan="3" rowspan="2" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Corporate items </font></div><div style="text-align:right"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">and eliminations</font></div></td><td colspan="3" rowspan="2" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Consolidated</font></div><div style="text-align:right"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">totals</font></div></td></tr><tr style="height:12pt"><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(In millions of dollars)</font></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Revenue from external customers</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:100%">5&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2,513&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,951&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">679&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">73&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">5,216&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Revenue from internal customers</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">27&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">17&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">78&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(122)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Total revenue</font></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2,540&#160;</font></td><td style="border-top:0.5pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,968&#160;</font></td><td style="border-top:0.5pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">757&#160;</font></td><td style="border-top:0.5pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(49)</font></td><td style="border-top:0.5pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">5,216&#160;</font></td><td style="border-top:0.5pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Operating costs</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:100%">6</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,235&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">821&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">749&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">49&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2,854&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Adjusted EBITDA</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,305&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,147&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">8&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(98)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2,362&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr style="height:12pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Depreciation and amortization</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,184&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Restructuring, acquisition and other</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:100%">7</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">238&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Finance costs</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:100%">8</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">628&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Other income</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:100%">9</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(9)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-bottom:1pt solid #000;padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Income before income taxes</font></td><td colspan="3" style="border-bottom:1pt solid #000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td colspan="3" style="border-bottom:1pt solid #000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td colspan="3" style="border-bottom:1pt solid #000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td colspan="3" style="border-bottom:1pt solid #000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td colspan="3" style="border-bottom:1pt solid #000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td colspan="2" style="border-bottom:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">321&#160;</font></td><td style="border-bottom:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr></table></div><div style="margin-top:5pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.849%"><tr><td style="width:1.0%"></td><td style="width:41.005%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:4.915%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.922%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.922%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.922%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.734%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.880%"></td><td style="width:0.1%"></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Six months ended June 30, 2026</font></td><td colspan="3" rowspan="2" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Note</font></td><td colspan="3" rowspan="2" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Wireless</font></td><td colspan="3" rowspan="2" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Cable</font></td><td colspan="3" rowspan="2" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Media</font></td><td colspan="3" rowspan="2" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Corporate items <br>and eliminations</font></td><td colspan="3" rowspan="2" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Consolidated<br>totals</font></td></tr><tr style="height:12pt"><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(In millions of dollars)</font></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Revenue from external customers</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:100%">5&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">5,061&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">3,894&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,991&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">151&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">11,097</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Revenue from internal customers</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">70&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">38&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">152&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(260)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">&#8212;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Total revenue</font></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">5,131&#160;</font></td><td style="border-top:0.5pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">3,932&#160;</font></td><td style="border-top:0.5pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2,143&#160;</font></td><td style="border-top:0.5pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(109)</font></td><td style="border-top:0.5pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">11,097</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="border-top:0.5pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Operating costs</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:100%">6</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2,495&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,652&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2,074&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">70&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">6,291</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Adjusted EBITDA</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2,636&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2,280&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">69&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(179)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">4,806</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr style="height:12pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Depreciation and amortization</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2,415</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Restructuring, acquisition and other</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:100%">7</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">260</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Finance costs</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:100%">8</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">1,008</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Gain on disposition of assets</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:100%">21</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(30)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Other expense</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:100%">9</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">1,015</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-bottom:1pt solid #000;padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Income before income taxes</font></td><td colspan="3" style="border-bottom:1pt solid #000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td colspan="3" style="border-bottom:1pt solid #000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td colspan="3" style="border-bottom:1pt solid #000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td colspan="3" style="border-bottom:1pt solid #000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td colspan="3" style="border-bottom:1pt solid #000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td colspan="2" style="border-bottom:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">138</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="border-bottom:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr></table></div><div style="height:45pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="margin-top:5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.561%"><tr><td style="width:1.0%"></td><td style="width:32.233%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:32.233%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:32.234%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Rogers Communications Inc.</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><div style="text-align:center"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">11</font></div></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Second Quarter 2026</font></td></tr><tr><td colspan="3" style="display:none"></td></tr></table></div></div></div><hr style="page-break-after:always"><div style="min-height:45pt;width:100%"><div style="text-align:justify"><font><br></font></div></div><div style="margin-top:5pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.849%"><tr><td style="width:1.0%"></td><td style="width:41.005%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:4.915%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.922%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.922%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.922%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.734%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.880%"></td><td style="width:0.1%"></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Six months ended June 30, 2025</font></td><td colspan="3" rowspan="2" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Note</font></td><td colspan="3" rowspan="2" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Wireless</font></td><td colspan="3" rowspan="2" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Cable</font></td><td colspan="3" rowspan="2" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Media</font></td><td colspan="3" rowspan="2" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Corporate items </font></div><div style="text-align:right"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">and eliminations</font></div></td><td colspan="3" rowspan="2" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Consolidated</font></div><div style="text-align:right"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">totals</font></div></td></tr><tr style="height:12pt"><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(In millions of dollars)</font></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Revenue from external customers</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:100%">5&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">5,034&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">3,869&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,142&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">147&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">10,192&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Revenue from internal customers</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">50&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">34&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">157&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(241)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Total revenue</font></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">5,084&#160;</font></td><td style="border-top:0.5pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">3,903&#160;</font></td><td style="border-top:0.5pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,299&#160;</font></td><td style="border-top:0.5pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(94)</font></td><td style="border-top:0.5pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">10,192&#160;</font></td><td style="border-top:0.5pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Operating costs</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:100%">6</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2,468&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,648&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,354&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">106&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">5,576&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Adjusted EBITDA</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2,616&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2,255&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(55)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(200)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">4,616&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr style="height:12pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Depreciation and amortization</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2,350&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Restructuring, acquisition and other</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:100%">7</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">365&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Finance costs</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:100%">8</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,207&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Other income</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:100%">9</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(7)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-bottom:1pt solid #000;padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Income before income taxes</font></td><td colspan="3" style="border-bottom:1pt solid #000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td colspan="3" style="border-bottom:1pt solid #000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td colspan="3" style="border-bottom:1pt solid #000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td colspan="3" style="border-bottom:1pt solid #000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td colspan="3" style="border-bottom:1pt solid #000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td colspan="2" style="border-bottom:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">701&#160;</font></td><td style="border-bottom:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr></table></div><div style="text-align:justify"><font><br></font></div><div id="ie55877b7385543b1a229e0811caf6ea9_37"></div><div><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:700;line-height:120%">NOTE 5&#58; REVENUE</font></div><div style="margin-top:5pt;text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:49.800%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.912%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.912%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.851%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.912%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.913%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="6" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Three months ended June 30</font></td><td colspan="3" style="border-right:0.5pt solid #000000;border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="6" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Six months ended June 30</font></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(In millions of dollars)</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2026</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2025</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2026</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2025</font></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Wireless</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:5.25pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Service revenue from external customers</font></div></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">1,954</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,972&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">3,951</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">3,975&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 7pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Service revenue from internal customers</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">36</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">27&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">70</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">50&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:6pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Service revenue</font></div></td><td colspan="2" style="border-top:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">1,990</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="border-top:0.5pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,999&#160;</font></td><td style="border-top:0.5pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;border-top:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">4,021</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="border-top:0.5pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">4,025&#160;</font></td><td style="border-top:0.5pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:6.75pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Equipment revenue from external customers</font></div></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">550</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">541&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">1,110</font><font 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Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2,540</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="border-top:0.5pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2,540&#160;</font></td><td style="border-top:0.5pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;border-top:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">5,131</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="border-top:0.5pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-top:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">5,084&#160;</font></td><td style="border-top:0.5pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Cable</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 6.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Service revenue from external customers</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">1,952</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,944&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">3,874</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">3,851&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 7pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Service revenue from internal customers</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">22</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">17&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">38</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">34&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:6pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Service revenue</font></div></td><td colspan="2" style="border-top:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">1,974</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="border-top:0.5pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,961&#160;</font></td><td style="border-top:0.5pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;border-top:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">3,912</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="border-top:0.5pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">3,885&#160;</font></td><td style="border-top:0.5pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 7.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Equipment revenue from external customers</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">10</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">7&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">20</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">18&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Total Cable</font></td><td colspan="2" style="border-top:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">1,984</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="border-top:0.5pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,968&#160;</font></td><td style="border-top:0.5pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;border-top:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">3,932</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="border-top:0.5pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-top:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">3,903&#160;</font></td><td style="border-top:0.5pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Media</font></div></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:6.75pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Revenue from external customers</font></div></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">1,075</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">679&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">1,991</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,142&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:6.75pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Revenue from internal customers </font></div></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">80</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">78&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">152</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">157&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Total Media</font></td><td colspan="2" style="border-top:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">1,155</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="border-top:0.5pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">757&#160;</font></td><td style="border-top:0.5pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;border-top:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2,143</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="border-top:0.5pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,299&#160;</font></td><td style="border-top:0.5pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Corporate items</font></div></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 7.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Revenue from external customers</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">74</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">73&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">151</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">147&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 7.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted 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style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">16</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">17&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Total corporate items</font></div></td><td colspan="2" style="border-top:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">77</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="border-top:0.5pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">82&#160;</font></td><td style="border-top:0.5pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;border-top:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">167</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="border-top:0.5pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">164&#160;</font></td><td style="border-top:0.5pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Intercompany eliminations</font></div></td><td colspan="2" style="border-top:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(141)</font></td><td style="border-top:0.5pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(131)</font></td><td style="border-top:0.5pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;border-top:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(276)</font></td><td style="border-top:0.5pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(258)</font></td><td style="border-top:0.5pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Total revenue</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">5,615</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">5,216&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">11,097</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">10,192&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000;border-top:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Total service revenue</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">5,055</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">4,668&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">9,967</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">9,115&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Total equipment revenue</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">560</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">548&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">1,130</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,077&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000;border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-bottom:1pt solid #000;padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Total revenue</font></td><td colspan="2" style="border-bottom:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">5,615</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="border-bottom:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-bottom:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">5,216&#160;</font></td><td style="border-bottom:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="border-bottom:1pt solid #000;padding:0 1pt"></td><td colspan="2" style="border-bottom:1pt solid #000;border-left:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">11,097</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="border-bottom:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-bottom:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">10,192&#160;</font></td><td style="border-bottom:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr></table></div><div><font><br></font></div><div style="height:45pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="margin-top:5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.561%"><tr><td style="width:1.0%"></td><td style="width:32.233%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:32.233%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:32.234%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Rogers Communications Inc.</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><div style="text-align:center"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">12</font></div></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Second Quarter 2026</font></td></tr><tr><td colspan="3" style="display:none"></td></tr></table></div></div></div><div id="ie55877b7385543b1a229e0811caf6ea9_40"></div><hr style="page-break-after:always"><div style="min-height:45pt;width:100%"><div style="text-align:justify"><font><br></font></div></div><div><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:700;line-height:120%">NOTE 6&#58; OPERATING COSTS</font></div><div style="margin-top:5pt;text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:49.800%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.912%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.912%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.851%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.912%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.913%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;&#160;</font></td><td colspan="6" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Three months ended June 30</font></td><td colspan="3" style="border-right:0.5pt solid #000000;border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="6" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Six months ended June 30</font></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(In millions of dollars)</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2026</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2025</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2026</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2025</font></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Cost of equipment sales</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">510</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">532&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">1,057</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,049&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Merchandise for resale</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">73</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">51&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">124</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">93&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Goods and services purchased </font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">1,837</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,620&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">3,620</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">3,266&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Employee salaries, benefits, and stock-based compensation</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">753</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">651&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">1,490</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,168&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Total operating costs</font></td><td colspan="2" style="border-bottom:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">3,173</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-bottom:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2,854&#160;</font></td><td style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="border-bottom:1pt solid #000000;padding:0 1pt"></td><td colspan="2" style="border-bottom:1pt solid #000000;border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">6,291</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-bottom:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">5,576&#160;</font></td><td style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr></table></div><div style="text-align:justify"><font><br></font></div><div id="ie55877b7385543b1a229e0811caf6ea9_49"></div><div><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:700;line-height:120%">NOTE 7&#58; RESTRUCTURING, ACQUISITION AND OTHER</font></div><div style="margin-top:5pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:43.494%"></td><td style="width:0.1%"></td><td colspan="3" style="display:none"></td><td style="width:1.0%"></td><td style="width:12.563%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.563%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.550%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.563%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.567%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="6" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Three months ended June 30</font></td><td colspan="3" style="border-right:0.5pt solid #000000;border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="6" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Six months ended June 30</font></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(In millions of dollars)</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2026</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2025</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2026</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2025</font></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000;border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 10pt;text-align:left;text-indent:-9pt;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Restructuring, acquisition and other excluding Shaw Transaction integration-related costs</font></td><td colspan="3" style="display:none"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">207</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">213&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">245</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">303&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Shaw Transaction integration-related costs</font></td><td colspan="3" style="display:none"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">4</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">25&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">15</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">62&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000;border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-bottom:1pt solid #000000;padding:1.5pt 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Total restructuring, acquisition and other</font></td><td colspan="3" style="display:none"></td><td colspan="2" style="border-bottom:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">211</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-bottom:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">238&#160;</font></td><td style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="border-bottom:1pt solid #000000;padding:0 1pt"></td><td colspan="2" style="border-bottom:1pt solid #000000;border-left:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">260</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-bottom:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">365&#160;</font></td><td style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr></table></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">The restructuring, acquisition and other costs excluding Shaw Transaction integration-related costs in 2025 and 2026 primarily include severance and other departure-related costs associated with the targeted restructuring of our employee base, specifically including $120 million arising from a voluntary departure program in 2026. For the six months ended June 30, 2026, we also incurred costs associated with certain litigation. In 2025, these costs also included costs related to the network transaction, an unfavourable regulatory decision related to retransmission of distant signals, and real estate rationalization programs.</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">The Shaw Transaction integration-related costs in 2025 and 2026 consisted of incremental costs supporting integration activities related to the Shaw Transaction.</font></div><div style="text-align:justify"><font><br></font></div><div id="ie55877b7385543b1a229e0811caf6ea9_52"></div><div><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:700;line-height:120%">NOTE 8&#58; FINANCE COSTS</font></div><div style="margin-top:5pt;text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:98.798%"><tr><td style="width:1.0%"></td><td style="width:37.349%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:4.371%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.729%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.729%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.559%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.729%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.734%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;&#160;</font></td><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="6" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Three months ended June 30</font></td><td colspan="3" style="border-right:0.5pt solid #000000;border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="6" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Six months ended June 30</font></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(In millions of dollars)</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Note</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2026</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2025</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2026</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2025</font></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><div style="padding-left:0.75pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Interest on borrowings, net</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:5.2pt;font-weight:400;line-height:100%;position:relative;top:-2.8pt;vertical-align:baseline"> 1</font></div></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">502</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">488&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">984</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">999&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Interest on lease liabilities</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:100%">16</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">41</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">36&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">80</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">72&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><div style="padding-left:0.75pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Interest on post-employment benefits </font></div></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(1)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(1)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(3)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(3)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Loss (gain) on foreign exchange</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">30</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(75)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">37</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(86)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Change in fair value of derivative instruments</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(23)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">59&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(35)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">72&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><div style="padding-left:9.75pt;text-indent:-9pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Change in fair value of subsidiary equity derivative instruments</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:5.2pt;font-weight:400;line-height:100%;position:relative;top:-2.8pt;vertical-align:baseline"> 2</font></div></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(16)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">93&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(121)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">93&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Capitalized interest</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(8)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(8)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(14)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(17)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Deferred transaction costs and other</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">40</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">36&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">80</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">77&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-bottom:1pt solid #000;padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Total finance costs</font></td><td colspan="3" style="border-bottom:1pt solid #000;padding:0 1pt"></td><td colspan="2" style="border-bottom:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">565</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="border-bottom:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-bottom:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">628&#160;</font></td><td style="border-bottom:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="border-bottom:1pt solid #000;padding:0 1pt"></td><td colspan="2" style="border-bottom:1pt solid #000;border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">1,008</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="border-bottom:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-bottom:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,207&#160;</font></td><td style="border-bottom:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr></table></div><div style="margin-top:3pt;padding-left:4.5pt;text-align:justify;text-indent:-4.5pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">1</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:120%">&#160;&#160;&#160;&#160;Interest on borrowings, net includes interest on short-term borrowings and on long-term debt.</font></div><div style="padding-left:4.5pt;text-align:justify;text-indent:-4.5pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">2</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:120%">&#160;&#160;&#160;&#160;Reflects the change in fair value of derivatives entered into related to the network transaction (see note 11 for more information).</font></div><div style="text-align:justify"><font><br></font></div><div style="height:45pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="margin-top:5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.561%"><tr><td style="width:1.0%"></td><td style="width:32.233%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:32.233%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:32.234%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Rogers Communications Inc.</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><div style="text-align:center"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">13</font></div></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Second Quarter 2026</font></td></tr><tr><td colspan="3" style="display:none"></td></tr></table></div></div></div><div id="ie55877b7385543b1a229e0811caf6ea9_58"></div><hr style="page-break-after:always"><div style="min-height:45pt;width:100%"><div style="text-align:justify"><font><br></font></div></div><div><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:700;line-height:120%">NOTE 9&#58; OTHER EXPENSE (INCOME)</font></div><div style="margin-top:5pt;text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:38.389%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:4.005%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.563%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.563%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.550%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.563%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.567%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;&#160;</font></td><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="6" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Three months ended June 30</font></td><td colspan="3" style="border-right:0.5pt solid #000000;border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="6" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Six months ended June 30</font></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(In millions of dollars)</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Note</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2026</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2025</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2026</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2025</font></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Income from associates and joint ventures</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(14)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(17)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(2)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Loss on revaluation of MLSE put liability</font></td><td colspan="3" style="padding:1.5pt 1.75pt 1.5pt 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:100%">20</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">1,034</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">1,034</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Other income</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(1)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(9)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(2)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(5)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Total other expense (income)</font></td><td colspan="3" style="border-bottom:1pt solid #000000;padding:0 1pt"></td><td colspan="2" style="border-bottom:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">1,019</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-bottom:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(9)</font></td><td style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="border-bottom:1pt solid #000000;padding:0 1pt"></td><td colspan="2" style="border-bottom:1pt solid #000000;border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">1,015</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-bottom:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(7)</font></td><td style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr></table></div><div><font><br></font></div><div id="ie55877b7385543b1a229e0811caf6ea9_64"></div><div><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:700;line-height:120%">NOTE 10&#58; (LOSS) EARNINGS  PER SHARE</font></div><div style="margin-top:5pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:43.494%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.563%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.563%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.550%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.563%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.567%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;&#160;</font></td><td colspan="6" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Three months ended June 30</font></td><td colspan="3" style="border-right:0.5pt solid #000000;border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="6" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Six months ended June 30</font></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(In millions of dollars, except per share amounts)</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2026</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2025</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2026</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2025</font></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 10pt;text-align:left;text-indent:-9pt;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Numerator (basic) - Net (loss) income attributable to RCI shareholders for the period</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(726)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">157&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(288)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">437&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000;border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Denominator - Number of shares (in millions)&#58;</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 13pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Weighted average number of shares outstanding - basic</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">540</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">540&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">540</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">539&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Effect of dilutive securities (in millions)&#58;</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 13pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Employee stock options and restricted share units</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">&#8212;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">&#8212;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Weighted average number of shares outstanding - diluted</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">540</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">541&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">540</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">540&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(Loss) earnings per share attributable to RCI shareholders&#58;</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 13pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Basic</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">($1.34)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:left;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$0.29&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:left;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">($0.53)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:left;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$0.81&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:left;vertical-align:bottom"></td></tr><tr><td colspan="3" style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 13pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Diluted</font></td><td colspan="2" style="border-bottom:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">($1.37)</font></td><td style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:left;vertical-align:bottom"></td><td colspan="2" style="border-bottom:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$0.29&#160;</font></td><td style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:left;vertical-align:bottom"></td><td colspan="3" style="border-bottom:1pt solid #000000;padding:0 1pt"></td><td colspan="2" style="border-bottom:1pt solid #000000;border-left:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">($0.55)</font></td><td style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:left;vertical-align:bottom"></td><td colspan="2" style="border-bottom:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$0.79&#160;</font></td><td style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:left;vertical-align:bottom"></td></tr></table></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">For the three and six months ended June&#160;30, 2026 and 2025, accounting for outstanding share-based payments using the equity-settled method for stock-based compensation was determined to be more dilutive than using the cash-settled method. As a result, net loss for the three and six months ended June&#160;30, 2026 was increased by $16 million and $10 million (2025 - net income was reduced by $1 million and $8 million), respectively, in the diluted earnings per share calculation.</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">For the three and six months ended June&#160;30, 2026, a total of 11,894,102 options (2025 - 12,204,957) were excluded from the calculation of the effect of dilutive securities because they were anti-dilutive.</font></div><div style="text-align:justify"><font><br></font></div><div id="ie55877b7385543b1a229e0811caf6ea9_73"></div><div><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:700;line-height:120%">NOTE 11&#58; FINANCIAL INSTRUMENTS </font></div><div><font><br></font></div><div><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:700;line-height:120%">Derivative Instruments</font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">We use derivative instruments to manage financial risks related to our business activities. These include debt derivatives, interest rate derivatives, expenditure derivatives, and equity derivatives. We only use derivatives to manage risk and not for speculative purposes.</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">All of our currently outstanding debt derivatives related to our senior notes, senior debentures, subordinated notes, and lease liabilities, as well as our expenditure derivatives have been designated as hedges for accounting purposes.</font></div><div style="text-align:justify"><font><br></font></div><div><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%;text-decoration:underline">Debt derivatives</font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">We use cross-currency interest rate exchange agreements, forward cross-currency interest rate exchange agreements, and foreign currency forward contracts (collectively, debt derivatives) to manage risks from fluctuations in foreign exchange rates and interest rates associated with our US dollar-denominated senior notes, debentures, subordinated notes, lease liabilities, credit facility borrowings, and US CP borrowings (see note 15). We typically designate the debt derivatives related to our senior notes, debentures, subordinated notes, and lease liabilities as hedges for accounting purposes against the foreign exchange risk or interest rate risk associated with specific issued and forecast debt instruments. Debt derivatives related to our credit facility and US CP borrowings, with the exception of the interest rate swaps acquired in the MLSE Transaction, have not been designated as hedges for accounting purposes.</font></div><div style="text-align:justify"><font><br></font></div><div style="height:45pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="margin-top:5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.561%"><tr><td style="width:1.0%"></td><td style="width:32.233%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:32.233%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:32.234%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Rogers Communications Inc.</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><div style="text-align:center"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">14</font></div></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Second Quarter 2026</font></td></tr><tr><td colspan="3" style="display:none"></td></tr></table></div></div></div><hr style="page-break-after:always"><div style="min-height:45pt;width:100%"><div style="text-align:justify"><font><br></font></div></div><div><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:120%">Credit facilities and US CP</font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">The tables below summarize the debt derivatives we entered into and settled related to our credit facility borrowings and US CP program during the three and six months ended June&#160;30, 2026 and 2025.</font></div><div style="margin-top:5pt;text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:43.194%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.059%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.059%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.059%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.550%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.059%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.059%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.061%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="6" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Three months ended June 30, 2026</font></td><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000;border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="6" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Six months ended <br>June 30, 2026</font></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(In millions of dollars, except exchange rates)</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Notional</font></div><div style="text-align:right"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;(US$)</font></div></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Exchange rate</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Notional</font></div><div style="text-align:right"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(Cdn$)</font></div></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Notional </font></div><div style="text-align:right"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(US$)</font></div></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Exchange</font></div><div style="text-align:right"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">rate</font></div></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Notional</font></div><div style="text-align:right"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(Cdn$)</font></div></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:100%">US commercial paper program</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 6.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Debt derivatives entered</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">1,235</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">1.379</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">1,703</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2,089</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">1.377</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2,876</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 6.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Debt derivatives settled</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">1,111</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">1.382</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">1,535</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">1,639</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">1.377</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2,257</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 6.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Net cash received on settlement</font></td><td colspan="3" style="border-bottom:1pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-bottom:1pt solid #000000;padding:0 1pt"></td><td colspan="2" style="border-bottom:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">10</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="border-bottom:1pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-bottom:1pt solid #000000;border-left:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-bottom:1pt solid #000000;padding:0 1pt"></td><td colspan="2" style="border-bottom:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">3</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr></table></div><div style="text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:43.194%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.059%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.059%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.059%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.550%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.059%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.059%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.061%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="6" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Three months ended June 30, 2025</font></td><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000;border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="6" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Six months ended <br>June 30, 2025</font></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(In millions of dollars, except exchange rates)</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Notional</font></div><div style="text-align:right"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;(US$)</font></div></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Exchange rate</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Notional<br>(Cdn$)</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Notional </font></div><div style="text-align:right"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(US$)</font></div></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Exchange</font></div><div style="text-align:right"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">rate</font></div></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Notional</font></div><div style="text-align:right"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(Cdn$)</font></div></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:100%">Credit facilities</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 6.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Debt derivatives entered</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,006&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1.391&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,399&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">4,148&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1.423&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">5,902&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 6.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Debt derivatives settled</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2,052&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1.386&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2,845&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">5,196&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1.413&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">7,342&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 6.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Net cash paid on settlement</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(51)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(68)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr style="height:12pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:100%">US commercial paper program</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 6.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Debt derivatives entered</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">299&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1.435&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">429&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 6.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Debt derivatives settled</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">613&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1.431&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">877&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 6.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Net cash received on settlement</font></td><td colspan="3" style="border-bottom:1pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-bottom:1pt solid #000000;padding:0 1pt"></td><td colspan="2" style="border-bottom:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="border-bottom:1pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-bottom:1pt solid #000000;border-left:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-bottom:1pt solid #000000;padding:0 1pt"></td><td colspan="2" style="border-bottom:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2&#160;</font></td><td style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr></table></div><div style="text-align:center"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">As at June&#160;30, 2026, we had US$450 million notional amount of debt derivatives outstanding relating to our US CP program (December&#160;31, 2025 - nil), at an average rate of $1.385&#47;US$ (December&#160;31, 2025 - nil&#47;US$). </font></div><div style="text-align:justify"><font><br></font></div><div><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:120%">Subordinated notes</font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Below is a summary of the debt derivatives we entered into related to subordinated notes during the six months ended June&#160;30, 2026 and 2025.</font></div><div style="margin-top:5pt;text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:19.170%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:16.918%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.509%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:16.317%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.550%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.866%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.870%"></td><td style="width:0.1%"></td></tr><tr><td colspan="12" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:justify;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(In millions of dollars, except interest rates)</font></td><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="6" style="padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">US$</font></td><td colspan="3" style="border-right:0.5pt solid #000000;padding:0 1pt"></td><td colspan="6" style="padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Hedging effect</font></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Effective date</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Principal&#47;Notional amount (US$)</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Maturity date</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Coupon rate</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Fixed hedged (Cdn$) interest rate </font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:5.2pt;font-weight:400;line-height:100%;position:relative;top:-2.8pt;vertical-align:baseline">1</font></div></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Equivalent (Cdn$)</font></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:100%">2026 issuances</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 7.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">March 27, 2026</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">750&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2056</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">6.875&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">%</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">6.193&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">%</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,034&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr style="height:12pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2025 issuances</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 7.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">February 12, 2025</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,100&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2055</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">7.000&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">%</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">5.440&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">%</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,575&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="border-bottom:1pt solid #000;padding:1.5pt 1pt 1.5pt 7.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">February 12, 2025</font></td><td colspan="3" style="border-bottom:1pt solid #000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,000</font></td><td colspan="3" style="border-bottom:1pt solid #000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2055</font></td><td colspan="2" style="border-bottom:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">7.125&#160;</font></td><td style="border-bottom:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">%</font></td><td colspan="3" style="border-bottom:1pt solid #000;padding:0 1pt"></td><td colspan="2" style="border-bottom:1pt solid #000;border-left:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">5.862&#160;</font></td><td style="border-bottom:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">%</font></td><td colspan="2" style="border-bottom:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,432&#160;</font></td><td style="border-bottom:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr></table></div><div style="margin-top:3pt;text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">1&#160;&#160;&#160;&#160;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Converting from a fixed US$ coupon rate to a weighted average Cdn$ fixed rate.</font></div><div style="margin-top:3pt;text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">As at June&#160;30, 2026, we had US$16,661 million (December&#160;31, 2025 - US$15,911 million) in US dollar-denominated senior notes, debentures, and subordinated notes, of which all of the associated foreign exchange risk had been hedged using debt derivatives, at an average rate of $1.291&#47;US$ (December&#160;31, 2025 - $1.287&#47;US$).</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">In March 2025, we repaid the entire outstanding principal amount of our US$1 billion 2.95% senior notes and settled the associated debt derivatives at maturity, resulting in $95 million received on settlement of the associated debt derivatives.</font></div><div style="text-align:justify"><font><br></font></div><div style="height:45pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="margin-top:5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.561%"><tr><td style="width:1.0%"></td><td style="width:32.233%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:32.233%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:32.234%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Rogers Communications Inc.</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><div style="text-align:center"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">15</font></div></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Second Quarter 2026</font></td></tr><tr><td colspan="3" style="display:none"></td></tr></table></div></div></div><hr style="page-break-after:always"><div style="min-height:45pt;width:100%"><div style="text-align:justify"><font><br></font></div></div><div><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:120%">Lease liabilities</font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Below is a summary of the debt derivatives we entered into and settled related to our outstanding lease liabilities for the three and six months ended June&#160;30, 2026 and 2025.</font></div><div style="margin-top:5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:33.734%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.710%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.560%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.560%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.550%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.710%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.560%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.716%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="9" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Three months ended June 30, 2026</font></td><td colspan="3" style="border-right:0.5pt solid #000000;border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="9" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Six months ended June 30, 2026</font></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(In millions of dollars, except exchange rates)</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Notional</font></div><div style="text-align:right"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(US$)</font></div></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Exchange rate</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Notional<br>(Cdn$)</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Notional</font></div><div style="text-align:right"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(US$)</font></div></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Exchange</font></div><div style="text-align:right"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">rate</font></div></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Notional</font></div><div style="text-align:right"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(Cdn$)</font></div></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Debt derivatives entered</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">54</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">1.407</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">76</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">91</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">1.396</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">127</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Debt derivatives settled</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">66</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">1.348</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">89</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">132</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">1.356</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">179</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="border-bottom:1pt solid #000000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Net cash paid on settlement</font></td><td colspan="3" style="border-bottom:1pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-bottom:1pt solid #000000;padding:0 1pt"></td><td colspan="2" style="border-bottom:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(2)</font></td><td style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="border-bottom:1pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-bottom:1pt solid #000000;border-left:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-bottom:1pt solid #000000;padding:0 1pt"></td><td colspan="2" style="border-bottom:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(1)</font></td><td style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr></table></div><div style="margin-top:5pt;text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:33.734%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.710%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.560%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.560%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.550%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.710%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.560%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.716%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="9" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Three months ended June 30, 2025</font></td><td colspan="3" style="border-right:0.5pt solid #000000;border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="9" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Six months ended June 30, 2025</font></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(In millions of dollars, except exchange rates)</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Notional</font></div><div style="text-align:right"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(US$)</font></div></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Exchange rate</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Notional<br>(Cdn$)</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Notional</font></div><div style="text-align:right"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(US$)</font></div></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Exchange</font></div><div style="text-align:right"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">rate</font></div></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Notional</font></div><div style="text-align:right"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(Cdn$)</font></div></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Debt derivatives entered</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">55&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1.400&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">77&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">114&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1.395&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">159&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Debt derivatives settled</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">61&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1.344&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">82&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">120&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1.350&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">162&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="border-bottom:1pt solid #000000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Net cash received on settlement</font></td><td colspan="3" style="border-bottom:1pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-bottom:1pt solid #000000;padding:0 1pt"></td><td colspan="2" style="border-bottom:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2&#160;</font></td><td style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="border-bottom:1pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-bottom:1pt solid #000000;border-left:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-bottom:1pt solid #000000;padding:0 1pt"></td><td colspan="2" style="border-bottom:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">5&#160;</font></td><td style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr></table></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">As at June&#160;30, 2026, we had US$369 million notional amount of debt derivatives outstanding relating to our outstanding lease liabilities (December&#160;31, 2025 - US$410 million) with terms to maturity ranging from July 2026 to June 2029 (December&#160;31, 2025 - January 2026 to December 2028) at an average rate of $1.373&#47;US$ (December&#160;31, 2025 - $1.365&#47;US$).</font></div><div style="text-align:justify"><font><br></font></div><div><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%;text-decoration:underline">Expenditure derivatives </font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">We use foreign currency forward contracts and option contracts (expenditure derivatives) to manage the foreign exchange risk in our operations, designating them as hedges for accounting purposes for certain of our forecast operational and capital expenditures. In 2025, as a result of the MLSE Transaction, we acquired expenditure derivatives and other foreign exchange options that had previously been entered into by MLSE. The other foreign exchange options are effective economic hedges against future US dollar-denominated expenditures&#59; however, they cannot be designated as hedges for accounting purposes. Changes in their fair values are recognized in &#34;change in fair value of derivative instruments&#34; in &#34;finance costs&#34;.</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">The following table provides further details on our outstanding foreign currency forward contracts and options as at June&#160;30, 2026 and December&#160;31, 2025.</font></div><div style="margin-top:5pt;text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.549%"><tr><td style="width:1.0%"></td><td style="width:15.642%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.553%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.553%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.553%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.553%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.005%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:33.441%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="border-top:1pt solid #000;padding:0 1pt"></td><td colspan="6" style="border-bottom:0.5pt solid #000;border-top:1pt solid #000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">As at June 30</font></td><td colspan="6" style="border-bottom:0.5pt solid #000;border-top:1pt solid #000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">As at December 31</font></td><td colspan="3" style="border-top:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(in millions of dollars)</font></td><td colspan="6" style="border-top:0.5pt solid #000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2026</font></td><td colspan="6" style="border-top:0.5pt solid #000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2025</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Type of hedge</font></td><td colspan="3" style="border-top:0.5pt solid #000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Amount to receive (US$)</font></td><td colspan="3" style="border-top:0.5pt solid #000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Amount to pay (Cdn$)</font></td><td colspan="3" style="border-top:0.5pt solid #000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Amount to receive (US$)</font></td><td colspan="3" style="border-top:0.5pt solid #000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Amount to pay (Cdn$)</font></td><td colspan="3" style="border-top:0.5pt solid #000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Maturity</font></td><td colspan="3" style="border-top:0.5pt solid #000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Hedged item</font></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Cash flow</font></td><td colspan="2" style="border-top:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">836</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="border-top:0.5pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">1,142</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="border-top:0.5pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,429&#160;</font></td><td style="border-top:0.5pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,955&#160;</font></td><td style="border-top:0.5pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2026</font></td><td colspan="3" style="border-top:0.5pt solid #000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Anticipated purchases</font></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Cash flow</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">1,129</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">1,524</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">609&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">826&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2027</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Anticipated purchases</font></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Cash flow</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">130</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">175</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">40&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">54&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font 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style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">34</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2029</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Anticipated purchases</font></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Cash flow</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">292</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">380</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">305&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">397&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2026-2039</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Future Toronto Blue Jays player compensation</font></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Economic</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">&#8212;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">&#8212;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">216&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">285&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2026</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Anticipated purchases</font></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Economic</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">100</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">137</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">420&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">565&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2027</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Anticipated purchases</font></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><font 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Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="border-bottom:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-bottom:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">45&#160;</font></td><td style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-bottom:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">61&#160;</font></td><td style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="border-bottom:1pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2029</font></td><td colspan="3" style="border-bottom:1pt solid #000000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Anticipated purchases</font></td></tr></table></div><div style="text-align:justify"><font><br></font></div><div><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%;text-decoration:underline">Equity derivatives</font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">We use total return swaps (equity derivatives) to hedge the market price appreciation risk of the RCI Class B Non-Voting common shares (Class B Non-Voting Shares) granted under our 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We also executed extension agreements on all equity derivative contracts under substantially the same commitment terms and conditions with revised expiry dates to April 2027 (from April 2026). The weighted average cost was adjusted to $48.20 per share.</font></div><div style="text-align:justify"><font><br></font></div><div><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%;text-decoration:underline">Subsidiary equity derivatives</font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">We have entered into cross-currency interest rate exchange agreements to manage the foreign exchange risk of our subsidiary equity investment (subsidiary equity derivatives). The subsidiary equity derivatives economically hedge our US dollar-denominated exposures arising from the subsidiary equity investment but cannot be designated as hedges for accounting purposes. 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style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.863%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.863%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.550%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.863%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.868%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="6" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Three months ended June 30</font></td><td colspan="3" style="border-right:0.5pt solid #000;border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="6" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Six months ended June 30</font></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(In millions of dollars)</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2026</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2025</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000;border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2026</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2025</font></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000;border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Credit facilities</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">&#8212;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(51)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">&#8212;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(68)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">US commercial paper program</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">10</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">3</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Senior and subordinated notes</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">&#8212;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">&#8212;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">95&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:0.75pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Lease liabilities</font></div></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(2)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(1)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">5&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:0.75pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Subsidiary equity derivatives </font></div></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">12</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">43&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">24</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">43&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000;border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-bottom:1pt solid #000;padding:1.5pt 1pt 1.5pt 10pt;text-align:left;text-indent:-9pt;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Net proceeds (payments) on settlement of debt derivatives and subsidiary equity derivatives</font></td><td colspan="2" style="border-bottom:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">20</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="border-bottom:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-bottom:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(6)</font></td><td style="border-bottom:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="border-bottom:1pt solid #000;padding:0 1pt"></td><td colspan="2" style="border-bottom:1pt solid #000;border-left:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">26</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="border-bottom:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-bottom:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">77&#160;</font></td><td style="border-bottom:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr></table></div><div style="text-align:justify"><font><br></font></div><div><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:700;line-height:120%">Fair Values of Financial Instruments</font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">The carrying value of cash and cash equivalents, accounts receivable, bank advances, short-term borrowings, and accounts payable and accrued liabilities approximate their fair values because of the short-term nature of these financial instruments. The carrying value of our lease liabilities approximates their fair value because the discount rate used to calculate them approximates our current borrowing rate. The carrying values of our financing receivables also approximate their fair values based on our recognition of an expected credit loss allowance.</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">We determine the fair value of our private investments by using implied valuations from follow-on financing rounds, third-party sale negotiations, or using market-based approaches. These are applied appropriately to each investment depending on its future operating and profitability prospects.</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">The fair values of each of our public debt instruments are based on the period-end estimated market yields, or period-end trading values, where available. We determine the fair values of our debt derivatives and expenditure derivatives using an estimated credit-adjusted mark-to-market valuation by discounting cash flows to the measurement date. In the case of  derivatives in an asset position, the credit adjustment for the financial institution counterparty is added to the risk-free value to determine the estimated credit-adjusted value for each derivative. For those derivatives in a liability position, our credit adjustment is added to the risk-free value for each derivative.</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">The fair values of our equity derivatives are based on the period-end quoted market value of Class B Non-Voting Shares.</font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%"> </font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">The fair value of the MLSE put liability is based on the agreed-upon amount to purchase the remaining 25% interest in MLSE from the non-controlling interest holder (see note 20).</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Our disclosure of the three-level fair value hierarchy reflects the significance of the inputs used in measuring fair value&#58;</font></div><div style="padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:13.5pt">financial assets and financial liabilities in Level 1 are valued by referring to quoted prices in active markets for identical assets and liabilities&#59;</font></div><div style="padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:13.5pt">financial assets and financial liabilities in Level 2 are valued using inputs based on observable market data, either directly or indirectly, other than the quoted prices&#59; and</font></div><div style="padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:13.5pt">Level 3 valuations are based on inputs that are not based on observable market data.</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">There were no financial instruments in Level 1 as at June&#160;30, 2026 or December&#160;31, 2025. There were no transfers between Level 1, Level 2, or Level 3 during the three and six months ended June&#160;30, 2026 or 2025.</font></div><div style="text-align:justify"><font><br></font></div><div style="height:45pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="margin-top:5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.561%"><tr><td style="width:1.0%"></td><td style="width:32.233%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:32.233%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:32.234%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Rogers Communications Inc.</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><div style="text-align:center"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">17</font></div></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Second Quarter 2026</font></td></tr><tr><td colspan="3" style="display:none"></td></tr></table></div></div></div><hr style="page-break-after:always"><div style="min-height:45pt;width:100%"><div style="text-align:justify"><font><br></font></div></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Below is a summary of our financial instruments carried at fair value as at June&#160;30, 2026 and December&#160;31, 2025.</font></div><div style="margin-top:5pt;text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.399%"><tr><td style="width:1.0%"></td><td style="width:49.806%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.208%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.057%"></td><td style="width:0.1%"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td style="width:1.0%"></td><td style="width:7.057%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.057%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.057%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.058%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="6" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Carrying&#160;value</font></td><td colspan="3" style="display:none"></td><td colspan="6" style="border-left:0.5pt solid #000000;border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Fair&#160;value&#160;(Level&#160;2)</font></td><td colspan="6" style="border-left:0.5pt solid #000000;border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Fair&#160;value&#160;(Level&#160;3)</font></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">As at<br>June 30</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">As&#160;at<br>Dec.&#160;31</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-left:0.5pt solid #000000;border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">As at<br>June 30</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">As&#160;at<br>Dec.&#160;31</font></td><td colspan="3" style="border-left:0.5pt solid #000000;border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">As at<br>June 30</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">As&#160;at<br>Dec.&#160;31</font></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(In millions of dollars)</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2026</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2025</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-left:0.5pt solid #000000;border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2026</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2025</font></td><td colspan="3" style="border-left:0.5pt solid #000;border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2026</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2025</font></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Financial assets</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-left:0.5pt solid #000000;border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000;border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Investments, measured at FVTOCI&#58;</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-left:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><div style="padding-left:11.25pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Investments in private companies</font></div></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">224</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">212&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="2" style="border-left:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">&#8212;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-left:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">224</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">212&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" 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Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">787&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-left:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">&#8212;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 13pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Debt derivatives not accounted for as hedges</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">15</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">15</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-left:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">&#8212;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 13pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Expenditure derivatives accounted for as cash flow hedges</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">98</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">20&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">98</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">20&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-left:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">&#8212;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 13pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Equity derivatives not accounted for as hedges</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">22</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">37&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">22</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">37&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-left:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">&#8212;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 13pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Subsidiary equity derivatives not accounted for as hedges</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">60</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">60</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-left:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">&#8212;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Total financial assets</font></td><td colspan="2" style="border-top:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">1,487</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="border-top:0.5pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,057&#160;</font></td><td style="border-top:0.5pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="2" style="border-left:0.5pt solid #000;border-top:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">1,263</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="border-top:0.5pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">845&#160;</font></td><td style="border-top:0.5pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-left:0.5pt solid #000;border-top:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">224</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="border-top:0.5pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">212&#160;</font></td><td style="border-top:0.5pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-left:0.5pt solid #000000;border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000;border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Financial liabilities</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-left:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><div><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Long-term debt (including current portion)</font></div></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">40,046</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">37,058&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">38,913</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">36,523&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-left:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">&#8212;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">MLSE put liability</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">4,350</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">3,316&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">&#8212;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-left:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">4,350</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">3,316&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Held-for-trading&#58;</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-left:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 13pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Debt derivatives accounted for as cash flow hedges</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">545</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">645&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">545</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">645&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-left:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">&#8212;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 13pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted 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1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">5</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">7&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-left:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">&#8212;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 13pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Expenditure derivatives accounted for as cash flow hedges</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">&#8212;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">28&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="2" style="border-left:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">&#8212;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">28&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-left:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">&#8212;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 13pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Expenditure derivatives not accounted for as hedges</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">4</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">17&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="2" style="border-left:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">4</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">17&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-left:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">&#8212;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 13pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Equity derivatives not accounted as hedges</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">36</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">9&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">36</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">9&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-left:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">&#8212;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 13pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Subsidiary equity derivatives not accounted for as hedges</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">&#8212;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">36&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="2" style="border-left:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">&#8212;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">36&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-left:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">&#8212;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 13pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Virtual power purchase agreement not accounted for as a hedge</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">5</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">6</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="2" style="border-left:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">5</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">6</font></td><td colspan="2" style="border-left:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">&#8212;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="border-bottom:1pt solid #000000;border-top:0.5pt solid #000;padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Total financial liabilities</font></td><td colspan="2" style="border-bottom:1pt solid #000000;border-top:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">44,991</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="border-bottom:1pt solid #000000;border-top:0.5pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-bottom:1pt solid #000000;border-top:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">41,122&#160;</font></td><td style="border-bottom:1pt solid #000000;border-top:0.5pt solid 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Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">37,271&#160;</font></td><td style="border-bottom:1pt solid #000000;border-top:0.5pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-bottom:1pt solid #000000;border-left:0.5pt solid #000;border-top:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">4,350</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="border-bottom:1pt solid #000000;border-top:0.5pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-bottom:1pt solid #000000;border-top:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">3,316&#160;</font></td><td style="border-bottom:1pt solid #000000;border-top:0.5pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr></table></div><div><font><br></font></div><div id="ie55877b7385543b1a229e0811caf6ea9_76"></div><div><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:700;line-height:120%">NOTE 12&#58; FINANCING RECEIVABLES</font></div><div><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Financing receivables represent amounts owed to us under device or accessory financing agreements that have not yet been billed. Our financing receivable balances are included in &#34;accounts receivable&#34; (when they are to be billed and collected within twelve months) and &#34;financing receivables&#34; on our interim condensed consolidated statements of financial position. Below is a breakdown of our financing receivable balances.</font></div><div style="margin-top:5pt;text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:68.869%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:13.915%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:13.916%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">As at<br>June 30</font></td><td colspan="3" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">As at<br>December 31</font></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(In millions of dollars)</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2026</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2025</font></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Current financing receivables</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2,337</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2,448&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Long-term financing receivables</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">1,065</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,198&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Total financing receivables</font></td><td colspan="2" style="border-bottom:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">3,402</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-bottom:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">3,646&#160;</font></td><td style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr></table></div><div><font><br></font></div><div id="ie55877b7385543b1a229e0811caf6ea9_85"></div><div><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:700;line-height:120%">NOTE 13&#58; INVESTMENTS</font></div><div style="margin-top:5pt;text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:70.972%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.863%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.865%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">As at<br>June 30</font></td><td colspan="3" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">As&#160;at</font></div><div style="text-align:right"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">December&#160;31</font></div></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(In millions of dollars)</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2026</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2025</font></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><div style="padding-left:0.75pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Investments in private companies, measured at FVTOCI</font></div></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">224</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">212&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Investments, associates and joint ventures</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">1,068</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,079&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Total investments</font></td><td colspan="2" style="border-bottom:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">1,292</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-bottom:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,291&#160;</font></td><td style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr></table></div><div style="text-align:justify"><font><br></font></div><div style="height:45pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="margin-top:5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.561%"><tr><td style="width:1.0%"></td><td style="width:32.233%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:32.233%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:32.234%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Rogers Communications Inc.</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><div style="text-align:center"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">18</font></div></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Second Quarter 2026</font></td></tr><tr><td colspan="3" style="display:none"></td></tr></table></div></div></div><div id="ie55877b7385543b1a229e0811caf6ea9_97"></div><hr style="page-break-after:always"><div style="min-height:45pt;width:100%"><div style="text-align:justify"><font><br></font></div></div><div><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:700;line-height:120%">NOTE 14&#58; SHORT-TERM BORROWINGS</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Below is a summary of our short-term borrowings as at June&#160;30, 2026 and December 31, 2025.</font></div><div style="margin-top:5pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:70.972%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.863%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.865%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td colspan="3" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">As at<br>June 30</font></td><td colspan="3" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">As at</font></div><div style="text-align:right"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">December&#160;31</font></div></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(In millions of dollars)</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2026</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2025</font></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Receivables securitization program</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">1,600</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2,000&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">US commercial paper program (net of the discount on issuance)</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">637</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 10.75pt;text-align:left;text-indent:-9pt;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Non-revolving credit facility borrowings (net of the discount on issuance)</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">&#8212;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2,000&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Total short-term borrowings</font></td><td colspan="2" style="border-bottom:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2,237</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-bottom:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">4,000&#160;</font></td><td style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr></table></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">The tables below summarize the activity relating to our short-term borrowings for the three and six months ended June&#160;30, 2026 and 2025.</font></div><div style="margin-top:5pt;text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:45.376%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.895%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.295%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.895%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.549%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.895%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.295%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.900%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="6" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Three months ended June 30, 2026</font></td><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="6" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Six months ended June 30, 2026</font></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(In millions of dollars, except exchange rates)</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Notional (US$)</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Exchange rate</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Notional (Cdn$)</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Notional (US$)</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Exchange rate</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Notional (Cdn$)</font></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Proceeds received from receivables securitization</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">250</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">650</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Repayment of receivables securitization</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(250)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(1,050)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt 1.5pt 10.75pt;text-align:left;text-indent:-9pt;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Net repayment of receivables securitization</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">&#8212;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="border-top:0.5pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000;border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(400)</font></td><td style="border-top:0.5pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000;border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Proceeds received from US commercial paper</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">1,235</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">1.379</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">1,703</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2,089</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">1.377</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2,876</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Repayment of US commercial paper</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(1,116)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">1.382</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(1,542)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(1,647)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">1.376</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(2,267)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt 1.5pt 10.75pt;text-align:left;text-indent:-9pt;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Net proceeds received from US commercial paper</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">161</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="border-top:0.5pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000;border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">609</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="border-top:0.5pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000;border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Repayment of non-revolving credit facilities (Cdn$)</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">&#8212;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(2,000)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:1.5pt 1pt 1.5pt 10.75pt;text-align:left;text-indent:-9pt;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Total repayment of non-revolving credit facilities</font></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">&#8212;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="border-top:0.5pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000;border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(2,000)</font></td><td style="border-top:0.5pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000;border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 10.75pt;text-align:left;text-indent:-9pt;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Net proceeds received from (repayment of) short-term borrowings</font></td><td colspan="3" style="border-bottom:1pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-bottom:1pt solid #000000;padding:0 1pt"></td><td colspan="2" style="border-bottom:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">161</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="border-bottom:1pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-bottom:1pt solid #000000;border-left:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-bottom:1pt solid #000000;padding:0 1pt"></td><td colspan="2" style="border-bottom:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(1,791)</font></td><td style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr></table></div><div style="margin-top:3pt;padding-left:4.5pt;text-indent:-4.5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:45.376%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.895%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.295%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.895%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.549%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.895%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.295%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.900%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="6" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Three months ended June 30, 2025</font></td><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="6" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Six months ended June 30, 2025</font></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(In millions of dollars, except exchange rates)</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Notional (US$)</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Exchange rate</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Notional (Cdn$)</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Notional (US$)</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Exchange rate</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Notional (Cdn$)</font></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 10.75pt;text-align:left;text-indent:-9pt;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Proceeds received from receivables securitization</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:1.5pt 1pt 1.5pt 10.75pt;text-align:left;text-indent:-9pt;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Net repayment of receivables securitization</font></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="border-top:0.5pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000;border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(400)</font></td><td style="border-top:0.5pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000;border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Proceeds received from US commercial paper</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">299&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1.435&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">429&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Repayment of US commercial paper</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(616)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1.430&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(881)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt 1.5pt 10.75pt;text-align:left;text-indent:-9pt;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Net repayment of US commercial paper</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="border-top:0.5pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000;border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(452)</font></td><td style="border-top:0.5pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000;border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:0.75pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Proceeds received from non-revolving credit facilities (US$) </font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:5.2pt;font-weight:400;line-height:100%;position:relative;top:-2.8pt;vertical-align:baseline">1</font></div></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,045&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1.433&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,497&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:0.75pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Repayment of non-revolving credit facilities (US$) </font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:5.2pt;font-weight:400;line-height:100%;position:relative;top:-2.8pt;vertical-align:baseline">1</font></div></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(349)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1.384&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(483)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(1,397)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1.418&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(1,981)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:1.5pt 1pt 1.5pt 10pt;text-align:left;text-indent:-9pt;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Net repayment of non-revolving credit facilities</font></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(483)</font></td><td style="border-top:0.5pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000;border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(484)</font></td><td style="border-top:0.5pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000;border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 10.75pt;text-align:left;text-indent:-9pt;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Net repayment of short-term borrowings</font></td><td colspan="3" style="border-bottom:1pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-bottom:1pt solid #000000;padding:0 1pt"></td><td colspan="2" style="border-bottom:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(483)</font></td><td style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="border-bottom:1pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-bottom:1pt solid #000000;border-left:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-bottom:1pt solid #000000;padding:0 1pt"></td><td colspan="2" style="border-bottom:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(1,336)</font></td><td style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr></table></div><div style="margin-top:3pt;padding-left:4.5pt;text-align:justify;text-indent:-4.5pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">1</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:120%">&#160;&#160;&#160;&#160;Borrowings under our non-revolving facility matured and were reissued regularly, such that until repaid, we maintained net outstanding borrowings equivalent to the then-current credit limit on the reissue dates.</font></div><div style="text-align:justify"><font><br></font></div><div style="height:45pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="margin-top:5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.561%"><tr><td style="width:1.0%"></td><td style="width:32.233%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:32.233%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:32.234%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Rogers Communications Inc.</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><div style="text-align:center"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">19</font></div></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Second Quarter 2026</font></td></tr><tr><td colspan="3" style="display:none"></td></tr></table></div></div></div><hr style="page-break-after:always"><div style="min-height:45pt;width:100%"><div style="text-align:justify"><font><br></font></div></div><div><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:700;line-height:120%">Receivables Securitization Program</font></div><div><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Below is a summary of our receivables securitization program as at June&#160;30, 2026 and December&#160;31, 2025.</font></div><div style="margin-top:5pt;text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:70.972%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.863%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.865%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td colspan="3" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">As at<br>June 30</font></td><td colspan="3" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">As at</font></div><div style="text-align:right"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">December&#160;31</font></div></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(In millions of dollars)</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2026</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2025</font></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Receivables sold to buyer as security</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">3,494</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">3,251&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Short-term borrowings from buyer</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(1,600)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(2,000)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Overcollateralization</font></td><td colspan="2" style="border-bottom:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">1,894</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-bottom:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,251&#160;</font></td><td style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr></table></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Below is a summary of the activity related to our receivables securitization program for the three and six months ended June&#160;30, 2026 and 2025.</font></div><div style="margin-top:5pt;text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:50.101%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.912%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.912%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.550%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.912%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.913%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="6" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Three months ended June 30</font></td><td colspan="3" style="border-right:0.5pt solid #000000;border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="6" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Six months ended June 30</font></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(In millions of dollars)</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2026</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2025</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2026</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2025</font></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Receivables securitization program, beginning of period</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">1,600</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,600&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2,000</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2,000&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Net repayment of 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Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(400)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(400)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 10.75pt;text-align:left;text-indent:-9pt;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Receivables securitization program, end of period</font></td><td colspan="2" style="border-bottom:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">1,600</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-bottom:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,600&#160;</font></td><td style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="border-bottom:1pt solid #000000;padding:0 1pt"></td><td colspan="2" style="border-bottom:1pt solid #000000;border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">1,600</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-bottom:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,600&#160;</font></td><td style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr></table></div><div style="text-align:justify"><font><br></font></div><div><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:700;line-height:120%">US Commercial Paper Program </font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">The tables below summarize the activity relating to our US CP program for the three and six months ended June&#160;30, 2026 and 2025.</font></div><div style="margin-top:5pt;text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.849%"><tr><td style="width:1.0%"></td><td style="width:45.215%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.922%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.321%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.922%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.551%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.922%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.321%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.926%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="6" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Three months ended June 30, 2026</font></td><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="6" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Six months ended June 30, 2026</font></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(In millions of dollars, except exchange rates)</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Notional (US$)</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Exchange rate</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Notional (Cdn$)</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Notional (US$)</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Exchange rate</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Notional (Cdn$)</font></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">US commercial paper program, beginning of period</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">325</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">1.394</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">453</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">&#8212;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">&#8212;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">&#8212;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 10.75pt;text-align:left;text-indent:-9pt;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Net proceeds received from US commercial paper</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">119</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">1.353</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">161</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">442</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">1.378</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">609</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:0.75pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Discounts on issuance </font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:5.2pt;font-weight:400;line-height:100%;position:relative;top:-2.8pt;vertical-align:baseline">1</font></div></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">5</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">n&#47;m</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">7</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">7</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">n&#47;m</font></div></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">10</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:0.75pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Loss on foreign exchange </font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:5.2pt;font-weight:400;line-height:100%;position:relative;top:-2.8pt;vertical-align:baseline">1</font></div></td><td colspan="3" style="padding:0 1pt"></td><td 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0;text-align:right;vertical-align:bottom"></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000;border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-bottom:1pt solid #000;padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">US commercial paper program, end of period</font></td><td colspan="2" style="border-bottom:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">449</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-bottom:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">1.419</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-bottom:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">637</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="border-bottom:1pt solid #000000;padding:0 1pt"></td><td colspan="2" style="border-bottom:1pt solid #000000;border-left:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">449</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-bottom:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">1.419</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-bottom:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">637</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr></table></div><div style="margin-top:3pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:120%">n&#47;m - not meaningful</font></div><div><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">1 </font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Included in finance costs.</font></div><div><font><br></font></div><div style="text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.849%"><tr><td style="width:1.0%"></td><td style="width:45.215%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.922%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.321%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.922%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.551%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.922%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.321%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.926%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="6" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Three months ended June 30, 2025</font></td><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="6" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Six months ended June 30, 2025</font></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(In millions of dollars, except exchange rates)</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Notional (US$)</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Exchange rate</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Notional (Cdn$)</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Notional (US$)</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Exchange rate</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Notional (Cdn$)</font></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">US commercial paper program, beginning of period</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">314&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1.439&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">452&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 10.75pt;text-align:left;text-indent:-9pt;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Net repayment of US commercial paper</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(317)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1.426&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(452)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:0.75pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Discounts on issuance </font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:5.2pt;font-weight:400;line-height:100%;position:relative;top:-2.8pt;vertical-align:baseline">1</font></div></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">3&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">n&#47;m</font></div></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">4&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:0.75pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Gain on foreign exchange </font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:5.2pt;font-weight:400;line-height:100%;position:relative;top:-2.8pt;vertical-align:baseline">1</font></div></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(4)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000;border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-bottom:1pt solid #000;padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">US commercial paper program, end of period</font></td><td colspan="2" style="border-bottom:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-bottom:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-bottom:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="border-bottom:1pt solid #000000;padding:0 1pt"></td><td colspan="2" style="border-bottom:1pt solid #000000;border-left:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-bottom:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-bottom:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr></table></div><div style="margin-top:3pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">1 </font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Included in finance costs.</font></div><div><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Concurrent with the commercial paper issuances, we entered into debt derivatives to hedge the foreign currency risk associated with the principal and interest components of the borrowings under the US CP program (see note 11). We have not designated these debt derivatives as hedges for accounting purposes.</font></div><div style="text-align:justify"><font><br></font></div><div style="height:45pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="margin-top:5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.561%"><tr><td style="width:1.0%"></td><td style="width:32.233%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:32.233%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:32.234%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Rogers Communications Inc.</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><div style="text-align:center"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">20</font></div></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Second Quarter 2026</font></td></tr><tr><td colspan="3" style="display:none"></td></tr></table></div></div></div><hr style="page-break-after:always"><div style="min-height:45pt;width:100%"><div style="text-align:justify"><font><br></font></div></div><div><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:700;line-height:120%">Non-Revolving Credit Facilities</font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Below is a summary of the activity relating to our non-revolving credit facilities for the three and six months ended June&#160;30, 2026 and 2025.</font></div><div style="margin-top:5pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:50.101%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.912%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.912%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.550%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.912%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.913%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="6" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Three months ended June 30</font></td><td colspan="3" style="border-right:0.5pt solid #000000;border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="6" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Six months ended June 30</font></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(In millions of dollars)</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2026</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2025</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2026</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2025</font></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000;border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Non-revolving credit facility, beginning of period</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">&#8212;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">502&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2,000</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">507&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 10.75pt;text-align:left;text-indent:-9pt;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Net repayment of non-revolving credit facility</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">&#8212;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(483)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(2,000)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(484)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:0.75pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Gain on foreign exchange </font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:5.2pt;font-weight:400;line-height:100%;position:relative;top:-2.8pt;vertical-align:baseline">1</font></div></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">&#8212;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(19)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">&#8212;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(23)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000;border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-bottom:1pt solid #000;padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Non-revolving credit facility, end of period</font></td><td colspan="2" style="border-bottom:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">&#8212;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-bottom:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="border-bottom:1pt solid #000000;padding:0 1pt"></td><td colspan="2" style="border-bottom:1pt solid #000000;border-left:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">&#8212;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-bottom:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr></table></div><div style="margin-top:3pt;text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">1 </font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Included in finance costs.</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Concurrent with our US dollar-denominated borrowings under our credit facilities in 2025, we entered into debt derivatives to hedge the foreign currency risk associated with the principal and interest components of the borrowings (see note 11).</font></div><div style="height:45pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="margin-top:5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.561%"><tr><td style="width:1.0%"></td><td style="width:32.233%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:32.233%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:32.234%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Rogers Communications Inc.</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><div style="text-align:center"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">21</font></div></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Second Quarter 2026</font></td></tr><tr><td colspan="3" style="display:none"></td></tr></table></div></div></div><div id="ie55877b7385543b1a229e0811caf6ea9_106"></div><hr style="page-break-after:always"><div style="min-height:45pt;width:100%"><div style="text-align:justify"><font><br></font></div></div><div><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:700;line-height:120%"> NOTE 15&#58; LONG-TERM DEBT</font></div><div style="margin-top:5pt;text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:98.948%"><tr><td style="width:1.0%"></td><td style="width:30.614%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.066%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.066%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:2.086%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.245%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.032%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:13.619%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:13.472%"></td><td style="width:0.1%"></td></tr><tr style="height:18pt"><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="3" rowspan="2" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">Principal<br>amount</font></td><td colspan="3" rowspan="2" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">Interest<br>rate</font></td><td colspan="3" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">As at<br>June 30</font></td><td colspan="3" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">As at <br>December&#160;31</font></td></tr><tr style="height:11pt"><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">(In millions of dollars, except interest rates)</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">Par call date</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">Due&#160;date</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">&#160;&#160;</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:700;line-height:100%">2026</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">2025</font></td></tr><tr style="height:6pt"><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">Bank credit facilities (Cdn$ portion)</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">Floating</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:700;line-height:100%">300</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">415&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">Canada Infrastructure Bank credit facility</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">2052</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">1.000&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">%</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:700;line-height:100%">134</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">134&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">Senior notes</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">n&#47;a</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">Sep 2026</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">500&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">5.650&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">%</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:700;line-height:100%">500</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">500&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">Senior notes</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">Aug 2026</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">Nov 2026</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">US</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">500&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">2.900&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">%</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:700;line-height:100%">710</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">686&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><div style="padding-left:0.75pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">Senior notes </font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:4.87pt;font-weight:400;line-height:100%;position:relative;top:-2.62pt;vertical-align:baseline">1</font></div></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">Dec 2026</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">Mar 2027</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">300&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">3.800&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">%</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:700;line-height:100%">300</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">300&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">Senior notes</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">Jan 2027</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">Mar 2027</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">1,500&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">3.650&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">%</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:700;line-height:100%">1,500</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">1,500&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">Senior notes</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">Feb 2027</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">Mar 2027</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">US</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">1,300&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">3.200&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">%</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:700;line-height:100%">1,845</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">1,784&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">Senior notes</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">Aug 2028</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">Sep 2028</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">1,000&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">5.700&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">%</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:700;line-height:100%">1,000</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">1,000&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><div style="padding-left:0.75pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">Senior notes </font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:4.87pt;font-weight:400;line-height:100%;position:relative;top:-2.62pt;vertical-align:baseline">1</font></div></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">Aug 2028</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">Nov 2028</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">500&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">4.400&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">%</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:700;line-height:100%">500</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">500&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">Senior notes</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">Jan 2029</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">Feb 2029</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">US</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">1,250&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">5.000&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">%</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:700;line-height:100%">1,775</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">1,716&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">Senior notes</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">Feb 2029</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">Apr 2029</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">1,000&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">3.750&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">%</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:700;line-height:100%">1,000</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">1,000&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">Senior notes</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">Feb 2029</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">May 2029</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">700&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">3.250&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">%</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:700;line-height:100%">700</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">700&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><div style="padding-left:0.75pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">Senior notes </font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:4.87pt;font-weight:400;line-height:100%;position:relative;top:-2.62pt;vertical-align:baseline">1</font></div></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">Sep 2029</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">Dec 2029</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">159&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">3.300&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">%</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:700;line-height:100%">159</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">159&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">Senior notes</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">Jul 2030</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">Sep 2030</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">500&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">5.800&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">%</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:700;line-height:100%">500</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">500&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><div style="padding-left:0.75pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">Senior notes </font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:4.87pt;font-weight:400;line-height:100%;position:relative;top:-2.62pt;vertical-align:baseline">1</font></div></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">Sep 2030</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">Dec 2030</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">210&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">2.900&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">%</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:700;line-height:100%">210</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">210&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">Senior notes</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">Dec 2031</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">Mar 2032</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">US</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">2,000&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">3.800&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">%</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:700;line-height:100%">2,839</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">2,745&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">Senior notes</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">Jan 2032</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">Apr 2032</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">1,000&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">4.250&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">%</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:700;line-height:100%">1,000</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">1,000&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><div style="padding-left:0.75pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">Senior debentures </font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:4.87pt;font-weight:400;line-height:100%;position:relative;top:-2.62pt;vertical-align:baseline">2</font></div></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">n&#47;a</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">May 2032</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">US</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">200&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">8.750&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">%</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:700;line-height:100%">284</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">275&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">Senior notes</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">Jun 2033</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">Sep 2033</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">1,000&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">5.900&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">%</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:700;line-height:100%">1,000</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">1,000&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">Senior notes</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">Nov 2033</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">Feb 2034</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">US</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">1,250&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">5.300&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">%</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:700;line-height:100%">1,775</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">1,716&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">Senior notes</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">n&#47;a</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">Aug 2038</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">US</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">350&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">7.500&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">%</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:700;line-height:100%">497</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">480&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">Senior notes</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">n&#47;a</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">Nov 2039</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">500&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">6.680&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">%</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:700;line-height:100%">500</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">500&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><div style="padding-left:0.75pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">Senior notes </font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:4.87pt;font-weight:400;line-height:100%;position:relative;top:-2.62pt;vertical-align:baseline">1</font></div></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">n&#47;a</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">Nov 2039</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">1,450&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">6.750&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">%</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:700;line-height:100%">1,450</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">1,450&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">Senior notes</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">Feb 2040</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">Aug 2040</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">800&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">6.110&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">%</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:700;line-height:100%">800</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">800&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">Senior notes</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">Sep 2040</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">Mar 2041</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">400&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">6.560&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">%</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:700;line-height:100%">400</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">400&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">Senior notes</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">Sep 2041</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">Mar 2042</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">US</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">750&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">4.500&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">%</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:700;line-height:100%">1,065</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">1,029&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">Senior notes</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">Sep 2042</font></td><td colspan="3" style="padding:1.5pt 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0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">5.450&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">%</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:700;line-height:100%">923</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">892&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">Senior notes</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">Sep 2043</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">Mar 2044</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted 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0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">Senior notes</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">Nov 2048</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">May 2049</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">US</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">630&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">4.350&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">%</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:700;line-height:100%">894</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">865&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">Senior notes</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">May 2049</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">Nov 2049</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">US</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">541&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">3.700&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"><font 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style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">Senior notes </font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:4.87pt;font-weight:400;line-height:100%;position:relative;top:-2.62pt;vertical-align:baseline">1</font></div></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">Jun 2049</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">Dec 2049</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">26&#160;</font></td><td 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1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">26&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">Senior notes</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">Sep 2051</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">Mar 2052</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">US</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">2,000&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">4.550&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">%</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:700;line-height:100%">2,839</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">2,745&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">Senior notes</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">Oct 2051</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">Apr 2052</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">1,000&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">5.250&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">%</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:700;line-height:100%">1,000</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">1,000&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><div style="padding-left:0.75pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">Subordinated notes </font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:4.87pt;font-weight:400;line-height:100%;position:relative;top:-2.62pt;vertical-align:baseline">3</font></div></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">Feb 2030</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">Apr 2055</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">US</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">1,100&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">7.000&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">%</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:700;line-height:100%">1,562</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">1,510&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><div style="padding-left:0.75pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">Subordinated notes </font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:4.87pt;font-weight:400;line-height:100%;position:relative;top:-2.62pt;vertical-align:baseline">3</font></div></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">Feb 2035</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">Apr 2055</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">US</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">1,000&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">7.125&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">%</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:700;line-height:100%">1,420</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">1,373&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><div style="padding-left:0.75pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">Subordinated notes </font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:4.87pt;font-weight:400;line-height:100%;position:relative;top:-2.62pt;vertical-align:baseline">3</font></div></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">Feb 2030</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">Apr 2055</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">1,000&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">5.625&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">%</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:700;line-height:100%">1,000</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">1,000&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><div style="padding-left:0.75pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">Subordinated notes </font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:4.87pt;font-weight:400;line-height:100%;position:relative;top:-2.62pt;vertical-align:baseline">3</font></div></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">Jul 2031</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">Jul 2056</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">US</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">750&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">6.875&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">%</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:700;line-height:100%">1,065</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><div style="padding-left:0.75pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">Subordinated notes </font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:4.87pt;font-weight:400;line-height:100%;position:relative;top:-2.62pt;vertical-align:baseline">3</font></div></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">Jul 2031</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">Jul 2056</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">1,250&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">6.250&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">%</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:700;line-height:100%">1,250</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><div style="padding-left:0.75pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">Subordinated notes </font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:4.87pt;font-weight:400;line-height:100%;position:relative;top:-2.62pt;vertical-align:baseline">3</font></div></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">Dec 2026</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">Dec 2081</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">2,000&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">5.000&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">%</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:700;line-height:100%">2,000</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">2,000&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><div style="padding-left:0.75pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">Subordinated notes </font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:4.87pt;font-weight:400;line-height:100%;position:relative;top:-2.62pt;vertical-align:baseline">3</font></div></td><td colspan="3" style="padding:1.5pt 1.75pt 1.5pt 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">Mar 2027</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">Mar 2082</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">US</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">750&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">5.250&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">%</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:700;line-height:100%">1,065</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">1,029&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:700;line-height:100%">40,882</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">&#160;</font></td><td style="border-top:0.5pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">37,932&#160;</font></td><td style="border-top:0.5pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">Deferred transaction costs and discounts</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:700;line-height:100%">(758)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">(795)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">Deferred government grant liability</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:700;line-height:100%">(78)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">(79)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">Less current portion</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">&#160;</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">&#160;</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">&#160;</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">&#160;</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:700;line-height:100%">(4,855)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">(1,186)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr style="height:11pt"><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-bottom:1pt solid #000;padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">Total long-term debt</font></td><td colspan="3" style="border-bottom:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-bottom:1pt solid #000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">&#160;</font></td><td colspan="3" style="border-bottom:1pt solid #000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">&#160;</font></td><td colspan="3" style="border-bottom:1pt solid #000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">&#160;</font></td><td colspan="3" style="border-bottom:1pt solid #000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">&#160;</font></td><td colspan="2" style="border-bottom:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:700;line-height:100%">35,191</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">&#160;</font></td><td style="border-bottom:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-bottom:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">35,872&#160;</font></td><td style="border-bottom:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr></table></div><div style="margin-top:3pt;padding-left:4.5pt;text-align:justify;text-indent:-4.5pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">1&#160;&#160;&#160;&#160;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Senior notes originally issued by Shaw Communications Inc. which are unsecured obligations of RCI and for which RCCI was an unsecured guarantor as at June&#160;30, 2026 and December&#160;31, 2025.</font></div><div style="padding-left:4.5pt;text-align:justify;text-indent:-4.5pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">2</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:120%">&#160;&#160;&#160;&#160;Senior debentures originally issued by Rogers Cable Inc. which are unsecured obligations of RCI and for which RCCI was an unsecured guarantor as at June&#160;30, 2026 and December&#160;31, 2025.</font></div><div style="padding-left:4.5pt;text-align:justify;text-indent:-4.5pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">3&#160;&#160;&#160;&#160;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:120%">The subordinated notes can be redeemed at par on the noted par call date or on any subsequent interest payment date.</font></div><div style="padding-left:4.5pt;text-align:justify;text-indent:-4.5pt"><font><br></font></div><div style="height:45pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="margin-top:5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.561%"><tr><td style="width:1.0%"></td><td style="width:32.233%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:32.233%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:32.234%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Rogers Communications Inc.</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><div style="text-align:center"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">22</font></div></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Second Quarter 2026</font></td></tr><tr><td colspan="3" style="display:none"></td></tr></table></div></div></div><hr style="page-break-after:always"><div style="min-height:45pt;width:100%"><div style="text-align:justify"><font><br></font></div></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">The tables below summarize the activity relating to our long-term debt for the three and six months ended June&#160;30, 2026 and 2025.</font></div><div style="margin-top:5pt;text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.699%"><tr><td style="width:1.0%"></td><td style="width:43.628%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.086%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.086%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.785%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.553%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.086%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.086%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.790%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="6" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Three months ended<br>&#160;June 30, 2026</font></td><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="6" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Six months ended <br>June 30, 2026</font></td></tr><tr style="height:12pt"><td colspan="3" rowspan="2" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(In millions of dollars, except exchange rates)</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Notional</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Exchange</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Notional</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Notional</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Exchange</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Notional</font></td></tr><tr style="height:12pt"><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(US$)</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">rate</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(Cdn$)</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(US$)</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">rate</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(Cdn$)</font></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Credit facility borrowings (Cdn$)</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">50</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">50</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Credit facility repayments (Cdn$)</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(50)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(165)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Net repayments under credit facilities</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">&#8212;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(115)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Subordinated note issuances (Cdn$)</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">&#8212;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">1,250</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Subordinated note issuances (US$)</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">&#8212;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">&#8212;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">&#8212;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">750</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">1.379</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">1,034</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Total issuances of subordinated notes</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">&#8212;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="border-top:0.5pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2,284</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="border-top:0.5pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Net issuance of long-term debt</font></td><td colspan="3" style="border-bottom:1pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-bottom:1pt solid #000000;padding:0 1pt"></td><td colspan="2" style="border-bottom:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">&#8212;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="border-bottom:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="border-bottom:1pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-bottom:1pt solid #000000;border-left:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-bottom:1pt solid #000000;padding:0 1pt"></td><td colspan="2" style="border-bottom:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2,169</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="border-bottom:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr></table></div><div style="margin-top:5pt;padding-left:2.25pt;padding-right:2.25pt;text-align:center;text-indent:-4.5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.699%"><tr><td style="width:1.0%"></td><td style="width:43.628%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.086%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.086%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.785%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.553%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.086%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.086%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.790%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="6" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Three months ended <br>June 30, 2025</font></td><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="6" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Six months ended <br>June 30, 2025</font></td></tr><tr style="height:12pt"><td colspan="3" rowspan="2" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(In millions of dollars, except exchange rates)</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Notional</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Exchange</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Notional</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Notional</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Exchange</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Notional</font></td></tr><tr style="height:12pt"><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(US$)</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">rate</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(Cdn$)</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(US$)</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">rate</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(Cdn$)</font></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Credit facility borrowings (Cdn$)</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">34&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">62&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Total credit facility borrowings</font></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">34&#160;</font></td><td style="border-top:0.5pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">62&#160;</font></td><td style="border-top:0.5pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Term loan facility net borrowings (US$) </font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:5.2pt;font-weight:400;line-height:100%;position:relative;top:-2.8pt;vertical-align:baseline">1</font></div></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">n&#47;m</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">6&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Term loan facility net repayments (US$) </font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:5.2pt;font-weight:400;line-height:100%;position:relative;top:-2.8pt;vertical-align:baseline">1</font></div></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(697)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1.380&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(962)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(697)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1.380&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(962)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Net repayments under term loan facility</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(962)</font></td><td style="border-top:0.5pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(956)</font></td><td style="border-top:0.5pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Senior note repayments (Cdn$)</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(1,250)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(1,250)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Senior note repayments (US$)</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(1,000)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1.439&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(1,439)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Total senior notes repayments</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(1,250)</font></td><td style="border-top:0.5pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(2,689)</font></td><td style="border-top:0.5pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Net repayment of senior notes</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(1,250)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(2,689)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Subordinated note issuances (Cdn$)</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,000&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Subordinated note issuances (US$)</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2,100&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1.432&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">3,007&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Total issuances of subordinated notes</font></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="border-top:0.5pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000;border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">4,007&#160;</font></td><td style="border-top:0.5pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Net (repayment) issuance of long-term debt</font></td><td colspan="3" style="border-bottom:1pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-bottom:1pt solid #000000;padding:0 1pt"></td><td colspan="2" style="border-bottom:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(2,178)</font></td><td style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="border-bottom:1pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-bottom:1pt solid #000000;border-left:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-bottom:1pt solid #000000;padding:0 1pt"></td><td colspan="2" style="border-bottom:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">424&#160;</font></td><td style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr></table></div><div style="margin-top:3pt;padding-left:4.5pt;text-align:justify;text-indent:-4.5pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">1&#160;&#160;&#160;&#160;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Borrowings under our term loan facility matured and were reissued regularly, such that until repaid, we maintained net outstanding borrowings equivalent to the then-current credit limit on the reissue dates.</font></div><div><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">   </font></div><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:42.293%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.863%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.863%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.550%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.863%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.868%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="6" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Three months ended June 30</font></td><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="6" style="border-left:0.5pt solid #000000;border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Six months ended June 30</font></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(In millions of dollars)</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2026</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2025</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2026</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2025</font></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><div><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Long-term debt, beginning of period</font></div></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">39,547</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">44,452&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">37,058</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">41,896&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Net (repayment) issuance of long-term debt</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">&#8212;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(2,178)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2,169</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">424&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 10pt;text-align:left;text-indent:-9pt;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Decrease (increase) in government grant liability related to Canada Infrastructure Bank facility</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">1</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(21)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">1</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(38)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Loss (gain) on foreign exchange</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">466</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(1,384)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">781</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(1,398)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 10pt;text-align:left;text-indent:-9pt;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Deferred transaction costs derecognized (incurred)</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(49)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(24)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(100)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 10pt;text-align:left;text-indent:-9pt;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Amortization of deferred transaction costs</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">30</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">32&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">61</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">68&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-bottom:1pt solid #000000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:0.75pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Long-term debt, end of period</font></div></td><td colspan="2" style="border-bottom:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">40,046</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-bottom:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">40,852&#160;</font></td><td style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="border-bottom:1pt solid #000000;padding:0 1pt"></td><td colspan="2" style="border-bottom:1pt solid #000000;border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">40,046</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-bottom:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">40,852&#160;</font></td><td style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr></table></div><div><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">During the three months ended June 30, 2025, we repaid the $1 billion outstanding under the April 2026 tranche of our $6 billion term loan and terminated the facility.</font></div><div style="height:45pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="margin-top:5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.561%"><tr><td style="width:1.0%"></td><td style="width:32.233%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:32.233%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:32.234%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Rogers Communications Inc.</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><div style="text-align:center"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">23</font></div></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Second Quarter 2026</font></td></tr><tr><td colspan="3" style="display:none"></td></tr></table></div></div></div><hr style="page-break-after:always"><div style="min-height:45pt;width:100%"><div style="text-align:justify"><font><br></font></div></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:112%">In July 2026, we amended the terms of our $4 billion revolving credit facility to, among other things, extend the maturity date of the $3 billion tranche to July 2031, from September 2030, and the $1 billion tranche to July 2029, from September 2028.</font></div><div style="text-align:justify"><font><br></font></div><div><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:700;line-height:120%">Subordinated Notes</font></div><div><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%;text-decoration:underline">Issuance of subordinated notes and related debt derivatives</font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Below is a summary of the subordinated notes we issued during the six months ended June&#160;30, 2026 and 2025.</font></div><div style="margin-top:5pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:27.878%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:2.053%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.960%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.960%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:14.065%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.860%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.710%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.714%"></td><td style="width:0.1%"></td></tr><tr style="height:15pt"><td colspan="12" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(In millions of dollars, except interest rates and discounts)</font></td><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="3" rowspan="2" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Issue price per $1,000 principal amount</font></td><td colspan="3" rowspan="2" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Total gross</font></div><div style="text-align:right"><font><br></font></div><div style="text-align:right"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">proceeds</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:5.2pt;font-weight:400;line-height:100%;position:relative;top:-2.8pt;vertical-align:baseline"> 1</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> (Cdn$)</font></div></td><td colspan="3" rowspan="2" style="border-top:1pt solid #000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Transaction costs and</font></div><div style="text-align:right"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">discounts </font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:5.2pt;font-weight:400;line-height:100%;position:relative;top:-2.8pt;vertical-align:baseline">2 </font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(Cdn$)</font></div></td></tr><tr style="height:20pt"><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Date issued</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Principal amount</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Due date</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Interest rate</font></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:100%">2026 issuances</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:6pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">March 27, 2026 (subordinated) </font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:5.2pt;font-weight:400;line-height:100%;position:relative;top:-2.8pt;vertical-align:baseline">3</font></div></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">US</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">750&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2056</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">6.875&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">%</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,000.00&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,034&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">13&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:6pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">March 27, 2026 (subordinated) </font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:5.2pt;font-weight:400;line-height:100%;position:relative;top:-2.8pt;vertical-align:baseline">3</font></div></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,250&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2056</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">6.250&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">%</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,000.00&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,250&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">13&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr style="height:12pt"><td colspan="3" style="padding:0 1pt 0 7pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:100%">2025 issuances</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:6pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">February 12, 2025 (subordinated) </font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:5.2pt;font-weight:400;line-height:100%;position:relative;top:-2.8pt;vertical-align:baseline">3</font></div></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">US</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,100&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2055</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">7.000&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">%</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,000.00&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,575&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">21&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:6pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">February 12, 2025 (subordinated) </font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:5.2pt;font-weight:400;line-height:100%;position:relative;top:-2.8pt;vertical-align:baseline">3</font></div></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">US</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,000&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2055</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">7.125&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">%</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,000.00&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,432&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">19&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="border-bottom:1pt solid #000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:6pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">February 12, 2025 (subordinated) </font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:5.2pt;font-weight:400;line-height:100%;position:relative;top:-2.8pt;vertical-align:baseline">3</font></div></td><td colspan="3" style="border-bottom:1pt solid #000;padding:0 1pt"></td><td colspan="2" style="border-bottom:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,000&#160;</font></td><td style="border-bottom:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="border-bottom:1pt solid #000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2055</font></td><td colspan="2" style="border-bottom:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">5.625&#160;</font></td><td style="border-bottom:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">%</font></td><td colspan="2" style="border-bottom:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">999.83&#160;</font></td><td style="border-bottom:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-bottom:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,000&#160;</font></td><td style="border-bottom:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-bottom:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">11&#160;</font></td><td style="border-bottom:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr></table></div><div style="margin-top:3pt;padding-left:4.5pt;text-align:justify;text-indent:-4.5pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">1</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:120%">&#160;&#160;&#160;&#160;Gross proceeds before transaction costs, discounts, and premiums.</font></div><div style="padding-left:4.5pt;text-align:justify;text-indent:-4.5pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">2</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:120%">&#160;&#160;&#160;&#160;Transaction costs, discounts, and premiums are included as deferred transaction costs and discounts in the carrying value of the long-term debt, and recognized in net income using the effective interest method.</font></div><div style="padding-left:4.5pt;text-align:justify;text-indent:-4.5pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">3</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:120%">&#160;&#160;&#160;&#160;Deferred transaction costs and discounts (if any) in the carrying value of the subordinated notes are recognized in net income using the effective interest method. The subordinated notes due 2056 can be redeemed at par on July 31, 2031, or on any subsequent interest payment date. The three issuances of subordinated notes due 2055 can be redeemed at par on February 15, 2030, February 15, 2035, and February 15, 2030, respectively, or on any subsequent interest payment date.</font></div><div style="padding-left:4.5pt;text-indent:-4.5pt"><font><br></font></div><div><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:120%">2026</font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">In March 2026, we issued two tranches of subordinated notes, consisting of&#58; </font></div><div style="padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:13.5pt">US$750 million due 2056 with an initial coupon of 6.875% for the first five years&#59; and</font></div><div style="padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:13.5pt">$1.25 billion due 2056 with an initial coupon of 6.250% for the first five years.</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Concurrent with the US dollar-denominated issuances, we entered into debt derivatives to convert all interest and principal payment obligations to Canadian dollars. We received net proceeds of $2.3 billion from the issuance, and we used the proceeds to repay debt.</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">The US$750 million and the Cdn$1.25 billion notes can be redeemed at par on their five-year anniversary or on any subsequent interest payment date. The subordinated notes are unsecured and subordinated obligations of RCI. Payment on these notes will, under certain circumstances, be subordinated to the prior payment in full of all of our senior indebtedness, including our senior notes, debentures, and bank credit facilities. </font></div><div style="text-align:justify"><font><br></font></div><div><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:120%">2025</font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">In February 2025, we issued three tranches of subordinated notes, consisting of&#58;</font></div><div style="padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:13.5pt">US$1.1 billion due 2055 with an initial coupon of 7.00% for the first five years&#59;</font></div><div style="padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:13.5pt">US$1 billion due 2055 with an initial coupon of 7.125% for the first ten years&#59; and</font></div><div style="padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:13.5pt">$1 billion due 2055 with an initial coupon of 5.625% for the first five years.</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Concurrent with these US dollar-denominated issuances, we entered into debt derivatives to convert all interest and principal payment obligations to Canadian dollars. We received net proceeds of $4.0 billion from the issuances. </font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">The US$1.1 billion and the Cdn$1 billion notes can be redeemed at par on their five-year anniversary or on any subsequent interest payment date. The US$1 billion notes can be redeemed at par on their ten-year anniversary or on any subsequent interest payment date. The subordinated notes are unsecured and subordinated obligations of RCI. Payment on these notes will, under certain circumstances, be subordinated to the prior payment in full of all of our senior indebtedness, including our senior notes, debentures, and bank credit facilities. </font></div><div style="text-align:justify"><font><br></font></div><div><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%;text-decoration:underline">Repayment of senior notes and related derivative settlements</font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">In March 2025, we repaid the entire outstanding principal of our US$1&#160;billion 2.95% senior notes and settled the associated debt derivatives at maturity. As a result, we repaid $1,344 million, including $95 million received on settlement of the associated debt derivatives.</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">In April 2025, we repaid the entire outstanding principal of our $1.25 billion 3.10% senior notes at maturity. There were no derivatives associated with these senior notes.</font></div><div style="text-align:justify"><font><br></font></div><div style="height:45pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="margin-top:5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.561%"><tr><td style="width:1.0%"></td><td style="width:32.233%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:32.233%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:32.234%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Rogers Communications Inc.</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><div style="text-align:center"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">24</font></div></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Second Quarter 2026</font></td></tr><tr><td colspan="3" style="display:none"></td></tr></table></div></div></div><hr style="page-break-after:always"><div style="min-height:45pt;width:100%"><div style="text-align:justify"><font><br></font></div></div><div><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%;text-decoration:underline">Consent solicitation</font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">In 2025, in connection with the network transaction, we received the requisite consent from the holders of our outstanding senior notes for certain proposed clarifying amendments to the indentures governing those securities, and paid an aggregate of approximately $30 million to the consenting holders for their consents concurrently with the closing of the network transaction plus approximately $18 million of other directly attributable transaction costs. These costs are being amortized into finance costs over the remaining terms of the underlying notes using the effective interest method.</font></div><div style="text-align:justify"><font><br></font></div><div id="ie55877b7385543b1a229e0811caf6ea9_109"></div><div><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:700;line-height:120%">NOTE 16&#58; LEASES</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Below is a summary of the activity related to our lease liabilities for the three and six months ended June&#160;30, 2026 and 2025.</font></div><div style="margin-top:5pt;text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:50.101%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.912%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.912%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.550%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.912%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.913%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td colspan="6" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Three months ended June 30</font></td><td colspan="3" style="border-right:0.5pt solid #000000;border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="6" style="border-top:1pt solid #000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Six months ended June 30</font></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(In millions of dollars)</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2026</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2025</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2026</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2025</font></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Lease liabilities, beginning of period</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">3,203</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2,798&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">3,118</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2,778&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Net additions</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">346</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">281&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">581</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">431&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Interest on lease liabilities</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">41</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">36&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">80</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">72&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Interest payments on lease liabilities</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(34)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(28)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(67)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(61)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Principal payments of lease liabilities</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(141)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(134)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(297)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(267)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Lease liabilities, end of period</font></td><td colspan="2" style="border-bottom:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">3,415</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-bottom:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2,953&#160;</font></td><td style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="border-bottom:1pt solid #000000;padding:0 1pt"></td><td colspan="2" style="border-bottom:1pt solid #000000;border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">3,415</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-bottom:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2,953&#160;</font></td><td style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr></table></div><div><font><br></font></div><div id="ie55877b7385543b1a229e0811caf6ea9_112"></div><div><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:700;line-height:120%">NOTE 17&#58; EQUITY</font></div><div><font><br></font></div><div><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:700;line-height:120%">Dividends</font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Below is a summary of the dividends we declared and paid on our outstanding RCI Class A Voting common shares (Class A Shares) and Class B Non-Voting Shares in 2026 and 2025.</font></div><div style="margin-top:3pt;padding-left:4.5pt;text-indent:-4.5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.699%"><tr><td style="width:1.0%"></td><td style="width:13.809%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:14.110%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.002%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.098%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.291%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.291%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.291%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.308%"></td><td style="width:0.1%"></td></tr><tr style="height:14pt"><td colspan="3" style="border-top:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #000;padding:0 1pt"></td><td colspan="9" style="border-top:1pt solid #000;padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Dividends paid (in millions of dollars)</font></td><td colspan="3" rowspan="2" style="border-top:1pt solid #000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Number of Class B</font></div><div style="text-align:right"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Non-Voting</font></div><div style="text-align:right"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Shares issued</font></div><div style="text-align:right"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(in thousands) </font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:5.2pt;font-weight:700;line-height:100%;position:relative;top:-2.8pt;vertical-align:baseline">1</font></div></td></tr><tr style="height:29pt"><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Declaration date</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Record date</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Payment date</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Dividend per</font></div><div style="text-align:right"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">share&#160;(dollars)</font></div></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">In cash</font></div></td><td colspan="3" style="border-top:0.5pt solid #000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">In Class B</font></div><div style="text-align:right"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Non-Voting</font></div><div style="text-align:right"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Shares</font></div></td><td colspan="3" style="border-top:0.5pt solid #000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Total</font></div></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">January 28, 2026</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">March 10, 2026</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">April 2, 2026</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">0.50&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">270&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">270</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:middle"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">April 21, 2026</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">June 9, 2026</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">July 6, 2026</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">0.50&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">270&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">270</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:middle"></td></tr><tr style="height:12pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">January 29, 2025</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">March 10, 2025</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">April 2, 2025</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">0.50&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">188&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">81&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">269</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2,181&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:middle"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">April 22, 2025</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">June 9, 2025</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">July 3, 2025</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">0.50&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">270</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">270</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:middle"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">July 22, 2025</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">September 8, 2025</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">October 3, 2025</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">0.50&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">270</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">270</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:middle"></td></tr><tr><td colspan="3" style="border-bottom:1pt solid #000;padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">October 22, 2025</font></td><td colspan="3" style="border-bottom:1pt solid #000;padding:1.5pt 1pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">December 8, 2025</font></td><td colspan="3" style="border-bottom:1pt solid #000;padding:1.5pt 1pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">January 2, 2026</font></td><td colspan="2" style="border-bottom:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">0.50&#160;</font></td><td style="border-bottom:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="border-bottom:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">270&#160;</font></td><td style="border-bottom:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="border-bottom:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="border-bottom:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="border-bottom:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">270</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="border-bottom:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="border-bottom:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="border-bottom:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:middle"></td></tr></table></div><div style="margin-top:3pt;padding-left:4.5pt;text-align:justify;text-indent:-4.5pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">1</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:120%">&#160;&#160;&#160;&#160;Class B Non-Voting Shares were issued as partial settlement of our quarterly dividend payable on the payment date under the terms of our dividend reinvestment plan (DRIP).</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">On July&#160;21, 2026, the Board declared a quarterly dividend of $0.50 per Class A Share and Class B Non-Voting Share, to be paid on October 2, 2026, to shareholders of record on September 8, 2026.</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">The holders of Class A Shares are entitled to receive dividends at the rate of up to five cents per share but only after dividends at the rate of five cents per share have been paid or set aside on the Class B Non-Voting Shares. Class A Shares and Class B Non-Voting Shares therefore participate equally in dividends above five cents per share.</font></div><div style="text-align:justify"><font><br></font></div><div><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:700;line-height:120%">Dividends to Non-Controlling Interests</font></div><div><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Below is a summary of dividends we declared and paid to non-controlling interests in 2026.</font></div><div style="margin-top:3pt;padding-left:2.25pt;padding-right:2.25pt;text-align:center;text-indent:-4.5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:48.900%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:48.900%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="border-top:1pt solid #000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:0.75pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Declaration and payment date</font></div></td><td colspan="3" style="border-top:1pt solid #000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Distributions paid (in millions of dollars)</font></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">February 2026</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">116&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:middle"></td></tr><tr><td colspan="3" style="border-bottom:1pt solid #000;padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">May 2026</font></td><td colspan="2" style="border-bottom:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">117&#160;</font></td><td style="border-bottom:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:middle"></td></tr></table></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">In addition to the payment declared at the May 2026 BNSI board of directors meeting, a dividend of $116 million to be paid in August 2026 has been accrued.</font></div><div style="text-align:justify"><font><br></font></div><div style="height:45pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="margin-top:5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.561%"><tr><td style="width:1.0%"></td><td style="width:32.233%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:32.233%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:32.234%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Rogers Communications Inc.</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><div style="text-align:center"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">25</font></div></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Second Quarter 2026</font></td></tr><tr><td colspan="3" style="display:none"></td></tr></table></div></div></div><div id="ie55877b7385543b1a229e0811caf6ea9_118"></div><hr style="page-break-after:always"><div style="min-height:45pt;width:100%"><div style="text-align:justify"><font><br></font></div></div><div><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:700;line-height:120%">NOTE 18&#58; STOCK-BASED COMPENSATION </font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Below is a summary of our stock-based compensation expense, which is included in net income, for the three and six months ended June&#160;30, 2026 and 2025.</font></div><div style="margin-top:5pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:42.293%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.863%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.863%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.550%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.863%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.868%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;&#160;</font></td><td colspan="6" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Three months ended June 30</font></td><td colspan="3" style="border-right:0.5pt solid #000000;border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="6" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Six months ended June 30</font></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(In millions of dollars)</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2026</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2025</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2026</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2025</font></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Stock options</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(27)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">6&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(17)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(3)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Restricted share units</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">7</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">18&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">28</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">21&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Deferred share units</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(5)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">4&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(1)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Equity derivative effect, net of interest receipt</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">47</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(1)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">37</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">23&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Total stock-based compensation expense</font></td><td colspan="2" style="border-bottom:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">22</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-bottom:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">27&#160;</font></td><td style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="border-bottom:1pt solid #000000;padding:0 1pt"></td><td colspan="2" style="border-bottom:1pt solid #000000;border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">47</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-bottom:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">43&#160;</font></td><td style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr></table></div><div style="margin-top:5pt;text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">As at June&#160;30, 2026, we had a total liability recognized at its fair value of $146 million (December&#160;31, 2025 - $189 million) related to stock-based compensation, including stock options, restricted share units (RSUs), and deferred share units (DSUs).</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">During the three and six months ended June&#160;30, 2026, we paid $6 million and $49 million (2025 - $9 million and $35 million), respectively, to holders 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style="width:15.063%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.555%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.063%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.064%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;&#160;</font></td><td colspan="6" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Three months ended June 30, 2026</font></td><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="6" style="border-left:0.5pt solid #000;border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Six months ended June 30, 2026</font></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(In number of units, except prices)</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Number of options</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Weighted average</font></div><div style="text-align:right"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">exercise price</font></div></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Number of options</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Weighted average<br>exercise price</font></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Outstanding, beginning of period</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">11,944,894</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">$58.60</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">11,766,094</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">$58.58</font></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Granted</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">&#8212;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">&#8212;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">340,932</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">$53.94</font></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Exercised</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">&#8212;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">&#8212;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(162,132)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">$47.41</font></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Forfeited</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(50,792)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">$60.60</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(50,792)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">$60.60</font></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000;border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Outstanding, end of period</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">11,894,102</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">$58.59</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">11,894,102</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">$58.59</font></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000;border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Exercisable, end of period</font></td><td colspan="2" style="border-bottom:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">8,578,441</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="border-bottom:1pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">$62.64</font></td><td colspan="3" style="border-bottom:1pt solid #000000;padding:0 1pt"></td><td colspan="2" style="border-bottom:1pt solid #000000;border-left:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">8,578,441</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="border-bottom:1pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">$62.64</font></td></tr></table></div><div style="margin-top:5pt;text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.399%"><tr><td style="width:1.0%"></td><td style="width:33.492%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.063%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.063%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.555%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.063%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.064%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;&#160;</font></td><td colspan="6" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Three months ended June 30, 2025</font></td><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="6" style="border-left:0.5pt solid #000;border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Six months ended June 30, 2025</font></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(In number of units, except prices)</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Number of options</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Weighted average<br>exercise price</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Number of options</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Weighted average<br>exercise price</font></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Outstanding, beginning of period</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">12,204,957&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$58.80</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">9,707,847&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$63.89</font></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Granted</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2,687,103&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$40.37</font></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Forfeited</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(189,993)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$58.26</font></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000;border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Outstanding, end of period</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">12,204,957&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$58.80</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">12,204,957&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$58.80</font></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000;border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Exercisable, end of period</font></td><td colspan="2" style="border-bottom:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">7,761,043&#160;</font></td><td style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="border-bottom:1pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$64.14</font></td><td colspan="3" style="border-bottom:1pt solid #000000;padding:0 1pt"></td><td colspan="2" style="border-bottom:1pt solid #000000;border-left:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">7,761,043&#160;</font></td><td style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="border-bottom:1pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$64.14</font></td></tr></table></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">We did not grant any performance options during the three and six months ended June&#160;30, 2026 or 2025.</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Unrecognized stock-based compensation expense related to stock option plans was $6 million as at June&#160;30, 2026 (December&#160;31, 2025 - $12 million) and will be recognized in net income within periods of up to the next four years as the options vest.</font></div><div style="text-align:justify"><font><br></font></div><div style="height:45pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="margin-top:5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.561%"><tr><td style="width:1.0%"></td><td style="width:32.233%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:32.233%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:32.234%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Rogers Communications Inc.</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><div style="text-align:center"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">26</font></div></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Second Quarter 2026</font></td></tr><tr><td colspan="3" style="display:none"></td></tr></table></div></div></div><hr style="page-break-after:always"><div style="min-height:45pt;width:100%"><div style="text-align:justify"><font><br></font></div></div><div><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:700;line-height:120%">Restricted Share Units</font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Below is a summary of the activity related to RSUs outstanding, including performance RSUs, for the three and six months ended June&#160;30, 2026 and 2025.</font></div><div style="margin-top:5pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:42.293%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.863%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.863%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.550%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.863%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.868%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;&#160;</font></td><td colspan="6" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Three months ended June 30</font></td><td colspan="3" style="border-right:0.5pt solid #000000;border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="6" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Six months ended June 30</font></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(In number of units)</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2026</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2025</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2026</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2025</font></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Outstanding, beginning of period</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">3,987,160</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">3,612,051&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">3,329,552</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2,448,224&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Granted and reinvested dividends</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">78,189</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">104,961&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">1,559,376</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,866,207&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Exercised</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(97,819)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(231,797)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(872,650)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(772,477)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Forfeited</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(135,044)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(114,493)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(183,792)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(171,232)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Outstanding, end of period</font></td><td colspan="2" style="border-bottom:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">3,832,486</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-bottom:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">3,370,722&#160;</font></td><td style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="border-bottom:1pt solid #000000;padding:0 1pt"></td><td colspan="2" style="border-bottom:1pt solid #000000;border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">3,832,486</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-bottom:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">3,370,722&#160;</font></td><td style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr></table></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Included in the above table are grants of 9,750 and 483,176 performance RSUs to certain key employees during the three and six months ended June&#160;30, 2026 (2025 - 12,419 and 303,486), respectively.</font></div><div><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Unrecognized stock-based compensation expense related to these RSUs was $71 million as at June&#160;30, 2026 (December&#160;31, 2025 - $54 million) and will be recognized in net income within periods of up to the next three years as the RSUs vest.</font></div><div style="text-align:justify"><font><br></font></div><div><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:700;line-height:120%">Deferred Share Unit Plan</font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Below is a summary of the activity related to DSUs outstanding, including performance DSUs, for the three and six months ended June&#160;30, 2026 and 2025.</font></div><div style="margin-top:5pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:42.293%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.863%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.863%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.550%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.863%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.868%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;&#160;</font></td><td colspan="6" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Three months ended June 30</font></td><td colspan="3" style="border-right:0.5pt solid #000000;border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="6" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Six months ended June 30</font></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(In number of units)</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2026</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2025</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2026</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2025</font></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Outstanding, beginning of period</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">1,069,204</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,043,879&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">983,782</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">908,678&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Granted and reinvested dividends</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">9,992</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">13,832&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">98,451</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">220,089&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Exercised</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(22,403)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(23,633)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(25,425)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(94,404)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Forfeited</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(26,217)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(26,232)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(285)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Outstanding, end of period</font></td><td colspan="2" style="border-bottom:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">1,030,576</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-bottom:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,034,078&#160;</font></td><td style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="border-bottom:1pt solid #000000;padding:0 1pt"></td><td colspan="2" style="border-bottom:1pt solid #000000;border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">1,030,576</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-bottom:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,034,078&#160;</font></td><td style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr></table></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Included in the above table are grants of 1,100 and 2,235 performance DSUs to certain key executives during the three and six months ended June&#160;30, 2026 (2025 - 1,490 and 2,759).</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Unrecognized stock-based compensation expense related to granted DSUs was $8 million as at June&#160;30, 2026 (December&#160;31, 2025 - $10 million) and will be recognized in net income over the next three years as the executive DSUs vest. All other DSUs granted are fully vested.</font></div><div style="text-align:justify"><font><br></font></div><div id="ie55877b7385543b1a229e0811caf6ea9_121"></div><div><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:700;line-height:120%">NOTE 19&#58; RELATED PARTY TRANSACTIONS</font></div><div style="text-align:justify"><font><br></font></div><div><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:700;line-height:120%">Controlling Shareholder</font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">We enter into certain transactions with private companies controlled by the controlling shareholder of RCI, the Rogers Control Trust. These transactions were recognized at the amount agreed to by the related parties and are subject to the terms and conditions of formal agreements approved by the Audit and Risk Committee. The totals received or paid during the three and six months ended June&#160;30, 2026 and 2025 were less than $1 million.</font></div><div style="text-align:justify"><font><br></font></div><div><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:700;line-height:120%">Transactions with Related Parties</font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">We have entered into business transactions with Dream Unlimited Corp. (Dream), which is controlled by our Director Michael J. Cooper. Dream is a real estate company that rents spaces in office and residential buildings. Total amounts paid to this related party were nominal for the three and six months ended June&#160;30, 2026 and 2025.</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">We have also entered into certain transactions with the Shaw Family Group. Total transactions with the Shaw Family Group during the three and six months ended June 30, 2026 and 2025 were less than $1&#160;million.</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">In addition, we assumed a liability through the Shaw Transaction related to a legacy pension arrangement with one of our directors whereby the director will be paid $1 million per month until March 2035, $3 million and $6 million of which was paid during the three and six months ended June 30, 2026, respectively. The remaining liability of $79 million is included in &#34;accounts payable and accrued liabilities&#34; (for the amount to be paid within the next twelve months) or &#34;other long-term liabilities&#34;.</font></div><div style="height:45pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="margin-top:5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.561%"><tr><td style="width:1.0%"></td><td style="width:32.233%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:32.233%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:32.234%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Rogers Communications Inc.</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><div style="text-align:center"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">27</font></div></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Second Quarter 2026</font></td></tr><tr><td colspan="3" style="display:none"></td></tr></table></div></div></div><hr style="page-break-after:always"><div style="min-height:45pt;width:100%"><div style="text-align:justify"><font><br></font></div></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">We recognized these transactions at the amounts agreed to by the related parties, which were also approved by the Audit and Risk Committee. The amounts owing for these services were unsecured, interest-free, and generally due for payment in cash within one month of the date of the transaction.</font></div><div style="text-align:justify"><font><br></font></div><div id="ie55877b7385543b1a229e0811caf6ea9_130"></div><div><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:700;line-height:120%">NOTE 20&#58; SUBSEQUENT EVENT</font></div><div style="text-align:justify"><font><br></font></div><div><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:700;line-height:120%">Agreement to Acquire Remaining MLSE Interest </font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">On July 6, 2026, we announced we had entered into an agreement to acquire the remaining 25% ownership interest in MLSE from Kilmer Sports Inc. for $4.35 billion in cash. Upon completion of this transaction, we will own 100% of MLSE. This transaction is subject to league approvals. As a result of this agreement, we have recognized a $1,034 million non-cash loss related to the change in the fair value of the MLSE put liability, from $3.3 billion to $4.35 billion as at June 30, 2026.</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">MLSE owns the Toronto Maple Leafs (NHL), Toronto Raptors (NBA), Toronto FC (MLS), Toronto Argonauts (CFL), various minor league teams, and associated real estate holdings, including Scotiabank Arena. MLSE also holds interests in certain entities that are complementary to its sports and events businesses.</font></div><div><font><br></font></div><div id="ie55877b7385543b1a229e0811caf6ea9_133"></div><div><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:700;line-height:120%">NOTE 21&#58; SUPPLEMENTAL CASH FLOW INFORMATION</font></div><div><font><br></font></div><div><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:700;line-height:120%">Change in Net Operating Assets and Liabilities</font></div><div style="margin-top:5pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:49.951%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.912%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.912%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.700%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.912%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.913%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;&#160;</font></td><td colspan="6" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Three months ended June 30</font></td><td colspan="3" style="border-right:0.5pt solid #000000;border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="6" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Six months ended June 30</font></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(In millions of dollars)</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2026</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2025</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2026</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2025</font></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Accounts receivable, excluding financing receivables</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(96)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(248)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">249</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(35)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Financing receivables</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">144</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">106&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">244</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">198&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Contract assets</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(6)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">4&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(3)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">12&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Inventories</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(92)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">13&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(3)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">92&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Other current assets</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">87</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">98&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(77)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(83)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Accounts payable and accrued liabilities</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(80)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">163&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(496)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(190)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Contract and other liabilities</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(117)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(164)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(233)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(105)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 10.75pt;text-align:left;text-indent:-9pt;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Total change in net operating assets and liabilities</font></td><td colspan="2" style="border-bottom:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(160)</font></td><td style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-bottom:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(28)</font></td><td style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="border-bottom:1pt solid #000000;padding:0 1pt"></td><td colspan="2" style="border-bottom:1pt solid #000000;border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(319)</font></td><td style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-bottom:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(111)</font></td><td style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr></table></div><div><font><br></font></div><div id="ie55877b7385543b1a229e0811caf6ea9_136"></div><div><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:700;line-height:120%">Capital Expenditures</font></div><div style="margin-top:5pt;text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:49.800%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.912%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.912%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.851%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.912%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.913%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;&#160;</font></td><td colspan="6" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Three months ended June 30</font></td><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="6" style="border-left:0.5pt solid #000;border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Six months ended June 30</font></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(In millions of dollars)</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2026</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2025</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2026</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2025</font></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Capital expenditures before proceeds on disposition</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">831</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">885&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">1,641</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,864&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Proceeds on disposition</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(136)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(54)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(138)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(55)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Capital expenditures</font></td><td colspan="2" style="border-bottom:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">695</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-bottom:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">831&#160;</font></td><td style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="border-bottom:1pt solid #000000;padding:0 1pt"></td><td colspan="2" style="border-bottom:1pt solid #000000;border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">1,503</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-bottom:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,809&#160;</font></td><td style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr></table></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">During the three months ended June&#160;30, 2026, we sold certain wireless and wireline network assets for $136 million (2025 - $47 million). In connection with the sale, we recognized a gain of $30 million.</font></div><div style="text-align:justify"><font><br></font></div><div style="height:45pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="margin-top:5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.561%"><tr><td style="width:1.0%"></td><td style="width:32.233%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:32.233%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:32.234%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Rogers Communications Inc.</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><div style="text-align:center"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">28</font></div></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Second Quarter 2026</font></td></tr><tr><td colspan="3" style="display:none"></td></tr></table></div></div></div></body></html>
</TEXT>
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<DOCUMENT>
<TYPE>EX-99.3
<SEQUENCE>4
<FILENAME>rci-06302026xexhibit993.htm
<DESCRIPTION>EX-99.3
<TEXT>
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<title>Document</title></head><body><div id="id2c96c527c244671b732acc51844286c_1"></div><div style="min-height:45pt;width:100%"><div style="text-align:justify"><font><br></font></div></div><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:78.930%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:18.870%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:0 1pt;vertical-align:middle"><div><img alt="rogerslogohiresa.jpg" src="rogerslogohiresa.jpg" style="height:43px;margin-bottom:5pt;vertical-align:text-bottom;width:212px"></div></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9.5pt;font-weight:700;line-height:100%">Exhibit 99.3</font></td></tr></table></div><div style="margin-bottom:6pt;margin-top:3pt;text-align:center"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:13.5pt;font-weight:700;line-height:120%">ROGERS COMMUNICATIONS REPORTS SECOND QUARTER 2026 RESULTS</font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:700;line-height:120%">Rogers reports strong growth in consolidated service revenue and adjusted EBITDA, alongside decline in capital intensity strengthening free cash flow&#59; company completes next stage of sports monetization strategy with agreement to buy remaining 25% minority stake in iconic Maple Leaf Sports &#38; Entertainment (MLSE)</font></div><div style="padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:13.5pt">Total service revenue up 8% to $5.1 billion&#59; adjusted EBITDA up 3% to $2.4 billion</font></div><div style="padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:13.5pt">Free cash flow of $1.0 billion, up 6%</font></div><div style="padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:13.5pt">Capital intensity improves 350 basis points to 12.4%, lowest capital intensity ratio since the first quarter of 2008</font></div><div style="padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:13.5pt">Expects remaining minority stake purchase of MLSE to close in the fourth quarter</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:700;line-height:120%">Delivers adjusted EBITDA growth in Wireless and Cable&#59; robust base management performance drives notable churn reduction while adding 57,000 combined mobile phone and retail Internet net additions</font></div><div style="padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:13.5pt">Wireless service revenue stable&#59; adjusted EBITDA up 1% with adjusted EBITDA margin up 70 basis points to 66%</font></div><div style="padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:13.5pt">Cable service revenue and adjusted EBITDA both up 1% with adjusted EBITDA margin up 10 basis points to 58%</font></div><div style="padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:13.5pt">Postpaid mobile phone churn of 0.94%, mobile phone ARPU of $54.25</font></div><div style="padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:13.5pt">Added 40,000 mobile phone net additions, including 22,000 postpaid</font></div><div style="padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:13.5pt">Retail Internet net additions of 17,000</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:700;line-height:120%">Robust sports and media financial results, agreement to purchase remaining minority stake in MLSE position company well for intended sports monetization opportunity</font></div><div style="padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:13.5pt">Revenue of $1.2 billion, up 53%&#59; organic sports and media revenue up 13% excluding impact from MLSE</font></div><div style="padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:13.5pt">Adjusted EBITDA of $69 million, an improvement of $61 million</font></div><div style="padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:13.5pt">Following close of minority stake purchase, investors to be offered minority stake in the consolidated Rogers world-class sports and media holdings to unlock significant value for company</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:700;line-height:120%">Company reaffirms its 2026 outlook</font></div><div style="padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:13.5pt">Total service revenue growth of 3% to 5%, adjusted EBITDA growth of 1% to 3%, capital expenditures of $2.5 billion to $2.7 billion, and free cash flow of $4.1 billion to $4.3 billion</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">TORONTO (July&#160;22, 2026) - Rogers Communications Inc. (TSX&#58; RCI.A and RCI.B&#59; NYSE&#58; RCI) today announced its unaudited financial and operating results for the second quarter ended June&#160;30, 2026.</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">&#34;Our second quarter results reflect strong execution, delivering growth across our three lines of business,&#34; said Tony Staffieri, President and CEO. &#34;We&#8217;re excited to bring together Canada's premier communications company with one of the world's premier sports and entertainment organizations and unlock long-term value for our shareholders.&#34;</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font><br></font></div><div style="height:45pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="margin-top:5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:32.233%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:32.233%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:32.234%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Rogers Communications Inc.</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><div style="text-align:center"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">1</font></div></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Second Quarter 2026</font></td></tr><tr><td colspan="3" style="display:none"></td></tr></table></div></div></div><hr style="page-break-after:always"><div style="min-height:45pt;width:100%"><div style="text-align:justify"><font><br></font></div></div><div><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:12pt;font-weight:700;line-height:120%">Consolidated Financial Highlights</font></div><div style="margin-top:5pt;text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:43.194%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.059%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.059%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.059%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.550%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.059%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.059%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.061%"></td><td style="width:0.1%"></td></tr><tr style="height:12pt"><td colspan="3" rowspan="2" style="border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(In millions of Canadian dollars, except per share amounts, unaudited)</font></td><td colspan="9" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Three months ended June 30</font></td><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="9" style="border-left:0.5pt solid #000000;border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Six months ended June 30</font></td></tr><tr style="height:11pt"><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2026</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2025</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">% Chg</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000;border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2026</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2025</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">% Chg</font></td></tr><tr style="height:6pt"><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Total revenue</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">5,615</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">5,216&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;text-indent:-4.5pt;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">8&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">11,097</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">10,192&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">9&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Total service revenue</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">5,055</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">4,668&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">8&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">9,967</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">9,115&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">9&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><div style="padding-left:0.75pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Adjusted EBITDA </font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:5.2pt;font-weight:400;line-height:100%;position:relative;top:-2.8pt;vertical-align:baseline">1</font></div></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2,442</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2,362&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">3&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">4,806</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">4,616&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">4&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Net (loss) income</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(665)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">148&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">n&#47;m</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(183)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">428&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">n&#47;m</font></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 11.5pt;text-align:left;text-indent:-4.5pt;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Net (loss) income attributable to RCI shareholders</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(726)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">157&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">n&#47;m</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(288)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">437&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">n&#47;m</font></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><div style="padding-left:0.75pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Adjusted net income</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:5.2pt;font-weight:400;line-height:100%;position:relative;top:-2.8pt;vertical-align:baseline"> 1</font></div></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">633</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">632&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">1,183</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,175&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><div style="padding-left:10.5pt;text-indent:-4.5pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Adjusted net income attributable to RCI shareholders </font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:5.2pt;font-weight:400;line-height:100%;position:relative;top:-2.8pt;vertical-align:baseline">1</font></div></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">640</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">620&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">3&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">1,190</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,163&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr style="height:6pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><div style="padding-left:4.5pt;text-indent:-4.5pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Diluted (loss) earnings per share attributable to RCI shareholders</font></div></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">($1.37)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:left;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$0.29&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:left;vertical-align:bottom"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">n&#47;m</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">($0.55)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:left;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$0.79&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:left;vertical-align:bottom"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">n&#47;m</font></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><div style="padding-left:4.5pt;text-indent:-4.5pt"><font style="color:#000000;font-family:'Ted 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1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">16&#160;</font></td><td style="border-bottom:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr></table></div><div style="margin-top:3pt;padding-left:4.5pt;text-align:justify;text-indent:-4.5pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:120%">n&#47;m - not meaningful</font></div><div style="margin-top:3pt;padding-left:4.5pt;text-align:justify;text-indent:-4.5pt"><font><br></font></div><div id="id2c96c527c244671b732acc51844286c_7"></div><div><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:12pt;font-weight:700;line-height:120%">Strategic Highlights </font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted 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Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:13.5pt">Named one of Canada&#8217;s Greenest Employers for the eleventh consecutive year by Mediacorp Canada Inc.</font></div><div style="padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:13.5pt">Announced a new long-term agreement renewing Rogers as a partner of Toronto Pearson Airport.</font></div><div style="text-align:justify"><font><br></font></div><div><font><br></font></div><div style="border-bottom:1pt solid #000000;margin-bottom:5pt;margin-top:10pt;opacity:1;width:150pt"></div><div style="padding-left:4.5pt;text-align:justify;text-indent:-4.5pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">1</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:120%"> Adjusted EBITDA is a total of segments measure. Free cash flow is a capital management measure. Capital intensity and Wireless mobile phone ARPU are supplementary financial measures. Adjusted diluted earnings per share is a non-GAAP ratio. Adjusted net income and adjusted net income attributable to RCI shareholders (a component of adjusted diluted earnings per share) are non-GAAP financial measures. See &#34;Non-GAAP and Other Financial Measures&#34; in our Q2 2026 Management's Discussion and Analysis (MD&#38;A), available at www.sedarplus.ca, and this earnings release for more information about each of these measures. These are not standardized financial measures under International Financial Reporting Standards (IFRS) and might not be comparable to similar financial measures disclosed by other companies.</font></div><div style="height:45pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="margin-top:5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:32.233%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:32.233%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:32.234%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Rogers Communications Inc.</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><div style="text-align:center"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2</font></div></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Second Quarter 2026</font></td></tr><tr><td colspan="3" style="display:none"></td></tr></table></div></div></div><hr style="page-break-after:always"><div style="min-height:45pt;width:100%"><div style="text-align:justify"><font><br></font></div></div><div><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:120%">Be the growth leader in our industry</font></div><div style="padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:13.5pt">Grew total service revenue by 8% and adjusted EBITDA by 3%.</font></div><div style="padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:13.5pt">Generated strong free cash flow of $982 million and cash flow from operating activities of $1,517 million.</font></div><div style="text-align:justify"><font><br></font></div><div id="id2c96c527c244671b732acc51844286c_785"></div><div><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:700;line-height:120%">Update on sports and entertainment assets</font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">On July 6, 2026, we announced we had entered into an agreement to acquire the remaining 25% ownership interest in MLSE from Kilmer Sports Inc. for $4.35 billion in cash (MLSE minority interest acquisition), which we intend to fund through existing and new short-term credit facilities. Upon completion of this transaction, we will own 100% of MLSE. This transaction is subject to league approvals and is expected to close in the fourth quarter. As a result of this agreement, we have recognized a loss related to the MLSE put liability (see &#34;Review of Consolidated Performance&#34; for more information).</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">MLSE owns the Toronto Maple Leafs (NHL), Toronto Raptors (NBA), Toronto FC (MLS), Toronto Argonauts (CFL), various minor league teams, and associated real estate holdings, including Scotiabank Arena. MLSE also holds interests in certain entities that are complementary to its sports and events businesses. Following completion of this transaction, MLSE will become a wholly owned subsidiary of Rogers, further enhancing our sports and entertainment portfolio, which also includes the Toronto Blue Jays, Rogers Centre, and Sportsnet.</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Following the close of the above transaction, we intend to pursue the sale of a minority interest in our consolidated sports, media, and entertainment assets (Rogers Sports) to third-party investors over the next year. We expect this will unlock significant value for Rogers.</font></div><div style="text-align:justify"><font><br></font></div><div id="id2c96c527c244671b732acc51844286c_13"></div><div><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:12pt;font-weight:700;line-height:120%">Quarterly Financial Highlights</font></div><div><font><br></font></div><div><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:700;line-height:120%">Revenue</font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Total revenue and total service revenue increased by 8% this quarter, primarily as a result of revenue growth in Media and Cable.</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Wireless service revenue this quarter was in line with the prior year as the impact of the cumulative addition of new customers was offset by a decline in </font><font style="background-color:#ffffff;color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">mobile phone ARPU.</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%"> Wireless equipment revenue increased by 2%, primarily as a result of </font><font style="background-color:#ffffff;color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">a continued shift in the product mix towards higher-value devices</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">.</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Cable service revenue increased by 1% this quarter, primarily as a result of retail Internet subscriber growth and base management activities. Excluding the impact of the sale of our customer-facing data centre business in 2025, Cable service revenue would have increased by 2% this quarter.</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Media revenue increased by 53% this quarter, primarily as a result of revenue from MLSE following the July 1, 2025 closing of the MLSE Transaction.</font></div><div style="text-align:justify"><font><br></font></div><div><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:700;line-height:120%">Adjusted EBITDA and margins</font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Consolidated adjusted EBITDA increased 3% this quarter, primarily as a result of EBITDA growth in Media, and our adjusted EBITDA margin decreased by 180 basis points.</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Wireless adjusted EBITDA increased by 1%, primarily as a result of higher equipment margins. This gave rise to an adjusted EBITDA margin of 66%, up 70 basis points.</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Cable adjusted EBITDA increased by 1% due to the flow-through impact of higher revenue, as discussed above. This gave rise to an adjusted EBITDA margin of 58%, up 10 basis points. Excluding the impact of the sale of our customer-facing data centre business in 2025, Cable adjusted EBITDA would have increased by 2% this quarter.</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Media adjusted EBITDA increased by $61 million this quarter, primarily due to the aforementioned revenue impacts and associated costs.</font></div><div><font><br></font></div><div><font style="background-color:#ffffff;color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:700;line-height:120%">Net loss and adjusted net income</font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">There was a net loss of $665 million </font><font style="background-color:#ffffff;color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">this quarter</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%"> as a result of the $1,034 million non-cash loss on revaluation of the MLSE put liability (see &#34;Update on sports and entertainment assets&#34;). Adjusted net income this</font><font style="background-color:#ffffff;color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%"> quarte</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">r was in line with the prior year, as higher adjusted EBITDA was offset by higher depreciation and amortization and higher finance costs.</font></div><div style="text-align:justify"><font><br></font></div><div><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:700;line-height:120%">Cash flow, available liquidity, and returns to shareholders</font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">This quarter, we generated cash provided by operating activities of $1,517 million (2025 - $1,596 million), which decreased as a result of higher net investment in net operating assets and liabilities partially offset by higher adjusted EBITDA, and free cash flow of $982 million (2025 - $925 million), which increased primarily as a result of lower capital expenditures and higher adjusted EBITDA, partially offset by distributions to non-controlling interests. Our free cash flow generation is expected to further strengthen our balance sheet over time through accelerated repayment of debt.</font></div><div style="height:45pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="margin-top:5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:32.233%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:32.233%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:32.234%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Rogers Communications Inc.</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><div style="text-align:center"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">3</font></div></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Second Quarter 2026</font></td></tr><tr><td colspan="3" style="display:none"></td></tr></table></div></div></div><hr style="page-break-after:always"><div style="min-height:45pt;width:100%"><div style="text-align:justify"><font><br></font></div></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">As at June&#160;30, 2026, we had $6.1 billion of available liquidity</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:5.85pt;font-weight:400;line-height:120%;position:relative;top:-3.15pt;vertical-align:baseline">2</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%"> (December&#160;31, 2025 - $5.9 billion), reflecting $1.7 billion in cash and cash equivalents and $4.4 billion available under our bank and other credit facilities.</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Our debt leverage ratio</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:5.85pt;font-weight:400;line-height:120%;position:relative;top:-3.15pt;vertical-align:baseline">2</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%"> was 3.8 as at June&#160;30, 2026 (December&#160;31, 2025 - 4.0, or 3.9</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:5.85pt;font-weight:400;line-height:120%;position:relative;top:-3.15pt;vertical-align:baseline">2</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%"> on an adjusted basis to include trailing 12-month adjusted EBITDA of a combined Rogers and MLSE as if the MLSE Transaction had closed at the beginning of the trailing 12-month period). See &#34;Financial Condition&#34; for more information.</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">We also returned $270 million in dividends to shareholders this quarter and we declared a $0.50 per share dividend on July&#160;21, 2026.</font></div><div style="text-align:justify"><font><br></font></div><div style="border-bottom:1pt solid #000000;margin-bottom:5pt;margin-top:10pt;opacity:1;width:150pt"></div><div style="margin-top:3pt;padding-left:4.5pt;text-align:justify;text-indent:-4.5pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">2&#160;&#160;&#160;&#160;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Available liquidity and debt leverage ratio are capital management measures. Pro forma debt leverage ratio is a non-GAAP ratio. Pro forma trailing 12-month adjusted EBITDA is a non-GAAP financial measure and is a component of pro forma debt leverage ratio. See &#34;Non-GAAP and Other Financial Measures&#34; and &#34;Financial Condition&#34; in our Q2 2026 Management's Discussion and Analysis (MD&#38;A), available at www.sedarplus.ca, and &#34;Non-GAAP and Other Financial Measures&#34; in this earnings release for more information about these measures. These are not standardized financial measures under IFRS and might not be comparable to similar financial measures disclosed by other companies. See &#34;Financial Condition&#34; in our Q2 2026 MD&#38;A for a reconciliation of available liquidity.</font></div><div style="height:45pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="margin-top:5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:32.233%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:32.233%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:32.234%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Rogers Communications Inc.</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><div style="text-align:center"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">4</font></div></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Second Quarter 2026</font></td></tr><tr><td colspan="3" style="display:none"></td></tr></table></div></div></div><div id="id2c96c527c244671b732acc51844286c_16"></div><hr style="page-break-after:always"><div style="min-height:45pt;width:100%"><div style="text-align:justify"><font><br></font></div></div><div><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:12pt;font-weight:700;line-height:120%">About this Earnings Release</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">This earnings release contains important information about our business and our performance for the three and six months ended June&#160;30, 2026 and forward-looking information (see &#34;About Forward-Looking Information&#34;) about future periods. This earnings release should be read in conjunction with our Second Quarter 2026 Interim Condensed Consolidated Financial Statements (Second Quarter 2026 Interim Financial Statements) and notes thereto, which have been prepared in accordance with International Accounting Standard 34, </font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:120%">Interim Financial Reporting</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">, as issued by the International Accounting Standards Board (IASB)&#59; our Second Quarter 2026 MD&#38;A&#59; our 2025 Annual MD&#38;A&#59; our 2025 Annual Audited Consolidated Financial Statements and notes thereto, which have been prepared in accordance with International Financial Reporting Standards (IFRS) as issued by the IASB&#59; and our other recent filings with Canadian and US securities regulatory authorities, including our Annual Information Form, which are available on SEDAR+ at sedarplus.ca or EDGAR at sec.gov.</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">For more information about Rogers, including product and service offerings, competitive market and industry trends, our overarching strategy, key performance drivers, and objectives, see &#34;Understanding Our Business&#34;, &#34;Corporate Overview&#34;, and &#34;Delivering on our Priorities&#34; in our 2025 Annual MD&#38;A.</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">References to the Shaw Transaction are to our acquisition of Shaw Communications Inc. (Shaw) on April 3, 2023 (see &#34;Shaw Transaction&#34; in our 2023 Annual MD&#38;A and our 2023 Annual Audited Consolidated Financial Statements). References to the MLSE Transaction are to our acquisition of BCE Inc.'s (Bell) indirect 37.5% interest in Maple Leaf Sports &#38; Entertainment Ltd. (MLSE) on July 1, 2025 (see &#34;MLSE Transaction&#34; in our 2025 Annual MD&#38;A and our 2025 Annual Audited Consolidated Financial Statements). References to the &#34;network transaction&#34; are to our sale of a non-controlling interest in Backhaul Network Services Inc. (BNSI), a Canadian subsidiary of Rogers that owns a minor part of our wireless network (see &#34;Subsidiary Equity Investment&#34; in our 2025 Annual MD&#38;A and our 2025 Annual Audited Consolidated Financial Statements).</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:120%">We, us, our, Rogers, Rogers Communications,</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%"> and </font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:120%">the Company</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%"> refer to Rogers Communications Inc. and its subsidiaries. </font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:120%">RCI</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%"> refers to the legal entity Rogers Communications Inc., not including its subsidiaries. Rogers also holds interests in various investments and ventures. </font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">All dollar amounts in this earnings release are in Canadian dollars unless otherwise stated and are unaudited. All percentage changes are calculated using the rounded numbers as they appear in the tables. This earnings release is current as at July&#160;21, 2026 and was approved by the Audit and Risk Committee of RCI's Board of Directors (the Board) on that date.</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">In this earnings release, </font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:120%">this quarter</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">, </font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:120%">the quarter</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">, or </font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:120%">second quarter </font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">refer to the three months ended June&#160;30, 2026, the </font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:120%">first quarter</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%"> refers to the three months ended March 31, 2026, and </font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:120%">year to date</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%"> refers to the six months ended June&#160;30, 2026, unless the context indicates otherwise. All results commentary is in descending order of magnitude and is compared to the equivalent period in 2025 or as at December&#160;31, 2025, as applicable, unless otherwise indicated. </font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:112%">Xfinity marks and logos are trademarks of Comcast Corporation, used under license. &#169;2026 Comcast. Rogers trademarks in this earnings release are owned or used under licence by Rogers Communications Inc. or an affiliate. This earnings release may also include trademarks of other third parties. The trademarks referred to in this earnings release may be listed without the &#8482; symbols. &#169;2026 Rogers Communications</font></div><div style="text-align:justify"><font><br></font></div><div><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:700;line-height:120%">Reportable segments</font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">We report our results of operations in three reportable segments. Each segment and the nature of its business is as follows&#58;</font></div><div style="margin-top:5pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:10.744%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:87.056%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9.5pt;font-weight:700;line-height:100%">Segment</font></td><td colspan="3" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9.5pt;font-weight:700;line-height:100%">Principal activities</font></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Wireless</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Wireless telecommunications operations for Canadian consumers, businesses, the public sector, and wholesale providers.</font></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Cable</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Cable telecommunications operations, including Internet, television and other video (Video), Satellite, telephony (Home Phone), and home monitoring services for Canadian consumers and businesses, and network connectivity through our fibre network to support a range of voice, data, networking, hosting, and cloud-based services for the business, public sector, and carrier wholesale markets.</font></td></tr><tr><td colspan="3" style="border-bottom:1pt solid #000000;border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Media</font></td><td colspan="3" style="border-bottom:1pt solid #000000;border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:100%">A diversified portfolio of media properties, including sports media and entertainment, sports team ownership, television and radio broadcasting, specialty channels, and digital media.</font></td></tr></table></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Wireless and Cable are operated by our wholly owned subsidiary, Rogers Communications Canada Inc. (RCCI), and certain other subsidiaries. Media is operated by our wholly owned subsidiary, Rogers Media Inc., its subsidiaries, and MLSE. Effective July 2025, TSC was transferred from the Media reportable segment to Corporate Items, consistent with changes to its management structure. Comparative results have been recast to reflect this change, with no impact on consolidated results. </font></div><div style="height:45pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="margin-top:5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:32.233%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:32.233%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:32.234%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Rogers Communications Inc.</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><div style="text-align:center"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">5</font></div></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Second Quarter 2026</font></td></tr><tr><td colspan="3" style="display:none"></td></tr></table></div></div></div><div id="id2c96c527c244671b732acc51844286c_19"></div><hr style="page-break-after:always"><div style="min-height:45pt;width:100%"><div style="text-align:justify"><font><br></font></div></div><div><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:12pt;font-weight:700;line-height:120%">Summary of Consolidated Financial Results</font></div><div style="margin-top:5pt;padding-left:2.25pt;padding-right:2.25pt;text-align:center;text-indent:-4.5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:48.599%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.158%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.158%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.158%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.550%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.158%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.158%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.161%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;&#160;</font></td><td colspan="9" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Three months ended June 30</font></td><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="9" style="border-left:0.5pt solid #000;border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Six months ended June 30</font></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(In millions of dollars, except margins and per share amounts)</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2026</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2025</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">%&#160;Chg</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000;border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2026</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2025</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">%&#160;Chg</font></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Revenue</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 6.25pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Wireless</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2,540</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2,540&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">5,131</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">5,084&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 6.25pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Cable</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">1,984</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,968&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">3,932</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">3,903&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 6.25pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Media</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">1,155</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">757&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">53&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2,143</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,299&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">65&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 14.5pt;text-align:left;text-indent:-9pt;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Corporate items and intercompany eliminations</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(64)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(49)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">31&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(109)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(94)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">16&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Revenue</font></td><td colspan="2" style="border-top:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">5,615</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="border-top:0.5pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-top:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">5,216&#160;</font></td><td style="border-top:0.5pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-top:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">8&#160;</font></td><td style="border-top:0.5pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;border-top:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">11,097</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="border-top:0.5pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-top:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">10,192&#160;</font></td><td style="border-top:0.5pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-top:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">9&#160;</font></td><td style="border-top:0.5pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><div style="padding-left:0.75pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Total service revenue </font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:5.2pt;font-weight:400;line-height:100%;position:relative;top:-2.8pt;vertical-align:baseline">1</font></div></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">5,055</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">4,668&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">8&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">9,967</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">9,115&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">9&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Adjusted EBITDA</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 6.25pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Wireless</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">1,313</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,305&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2,636</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2,616&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 6.25pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Cable</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">1,158</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,147&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2,280</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2,255&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 6.25pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Media</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">69</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">8&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">n&#47;m</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">69</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(55)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">n&#47;m</font></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 14.5pt;text-align:left;text-indent:-9pt;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Corporate items and intercompany eliminations</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(98)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:left;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(98)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(179)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(200)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(11)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Adjusted EBITDA </font></td><td colspan="2" style="border-top:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2,442</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="border-top:0.5pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-top:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2,362&#160;</font></td><td style="border-top:0.5pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-top:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">3&#160;</font></td><td style="border-top:0.5pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;border-top:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">4,806</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="border-top:0.5pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-top:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">4,616&#160;</font></td><td style="border-top:0.5pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-top:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">4&#160;</font></td><td style="border-top:0.5pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><div style="padding-left:0.75pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Adjusted EBITDA margin </font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:5.2pt;font-weight:400;line-height:100%;position:relative;top:-2.8pt;vertical-align:baseline">2</font></div></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">43.5</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">%</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">45.3&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">%</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(1.8</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;pts)</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">43.3</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">%</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">45.3&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">%</font></td><td colspan="2" 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Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Net (loss) income</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(665)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">148&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">n&#47;m</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(183)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">428&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">n&#47;m</font></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 7.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Net (loss) income attributable to RCI shareholders</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(726)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">157&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">n&#47;m</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(288)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">437&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">n&#47;m</font></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><div style="padding-left:0.75pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(Loss) earnings per share attributable to RCI shareholders&#58;</font></div></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 7.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Basic</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">($1.34)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:left;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$0.29&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:left;vertical-align:bottom"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">n&#47;m</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">($0.53)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:left;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$0.81&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:left;vertical-align:bottom"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">n&#47;m</font></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 7.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted 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#000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">($0.55)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:left;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$0.79&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:left;vertical-align:bottom"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">n&#47;m</font></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><div style="padding-left:0.75pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Adjusted net income </font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:5.2pt;font-weight:400;line-height:100%;position:relative;top:-2.8pt;vertical-align:baseline">2</font></div></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">633</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">632&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">1,183</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,175&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:6pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Adjusted net income attributable to RCI shareholders </font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:5.2pt;font-weight:400;line-height:100%;position:relative;top:-2.8pt;vertical-align:baseline">2</font></div></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">640</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">620&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">3&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">1,190</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,163&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><div style="padding-left:9pt;text-indent:-9pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Adjusted earnings per share attributable to RCI shareholders</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:5.2pt;font-weight:400;line-height:100%;position:relative;top:-2.8pt;vertical-align:baseline"> 2</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#58;</font></div></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><div style="padding-left:6.75pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Basic</font></div></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font 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#000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Capital expenditures</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">695</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 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0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,809&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(17)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Cash provided by operating activities</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font 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0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="border-bottom:1pt solid #000;padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Free cash flow</font></td><td colspan="2" style="border-bottom:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">982</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="border-bottom:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-bottom:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted 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Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="border-bottom:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-bottom:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,511&#160;</font></td><td style="border-bottom:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-bottom:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">16&#160;</font></td><td style="border-bottom:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr></table></div><div style="padding-left:4.5pt;text-align:justify;text-indent:-4.5pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">1&#160;&#160;&#160;&#160;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:120%">As defined. See &#34;Key Performance Indicators&#34;. </font></div><div style="padding-left:4.5pt;text-align:justify;text-indent:-4.5pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">2&#160;&#160;&#160;&#160;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Adjusted EBITDA margin is a supplementary financial measure. Adjusted basic and adjusted diluted earnings per share attributable to RCI shareholders are non-GAAP ratios (of which adjusted net income attributable to RCI shareholders is a component). These are not standardized financial measures under IFRS and might not be comparable to similar financial measures disclosed by other companies. 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style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><div style="text-align:center"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">6</font></div></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Second Quarter 2026</font></td></tr><tr><td colspan="3" style="display:none"></td></tr></table></div></div></div><div id="id2c96c527c244671b732acc51844286c_22"></div><hr style="page-break-after:always"><div style="min-height:45pt;width:100%"><div style="text-align:justify"><font><br></font></div></div><div><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:12pt;font-weight:700;line-height:120%">Results of our Reportable Segments</font></div><div style="text-align:justify"><font><br></font></div><div><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:700;line-height:120%">WIRELESS</font></div><div style="text-align:justify"><font><br></font></div><div><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:700;line-height:120%">Wireless Financial Results</font></div><div style="margin-top:5pt;text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:43.344%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.059%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.059%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.059%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.400%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.059%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.059%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.061%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td colspan="9" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Three months ended June 30</font></td><td colspan="3" style="border-top:1pt solid #000;padding:0 1pt"></td><td colspan="9" style="border-left:0.5pt solid #000000;border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Six months ended June 30</font></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(In millions of dollars, except margins)</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2026</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2025</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">% Chg</font></td><td 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Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Revenue</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:6.75pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Service revenue from external customers</font></div></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">1,954</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,972&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(1)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">3,951</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">3,975&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(1)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 7.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Service revenue from internal customers</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">36</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">27&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">33&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">70</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">50&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">40&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:6.75pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Service revenue</font></div></td><td colspan="2" style="border-top:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">1,990</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="border-top:0.5pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,999&#160;</font></td><td style="border-top:0.5pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="border-top:0.5pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000;border-top:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">4,021</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="border-top:0.5pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">4,025&#160;</font></td><td style="border-top:0.5pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="border-top:0.5pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:6.75pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Equipment revenue from external customers</font></div></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">550</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">541&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">1,110</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,059&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">5&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Revenue</font></div></td><td colspan="2" style="border-top:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2,540</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="border-top:0.5pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2,540&#160;</font></td><td style="border-top:0.5pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="border-top:0.5pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000;border-top:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">5,131</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="border-top:0.5pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">5,084&#160;</font></td><td style="border-top:0.5pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1&#160;</font></td><td style="border-top:0.5pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000;border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Operating costs</font></div></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 7.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Cost of equipment</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">503</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">528&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(5)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">1,044</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,036&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:6.75pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Other operating costs</font></div></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">724</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">707&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">1,451</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,432&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Operating costs</font></div></td><td colspan="2" style="border-top:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">1,227</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="border-top:0.5pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-top:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,235&#160;</font></td><td style="border-top:0.5pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-top:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(1)</font></td><td style="border-top:0.5pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000;border-top:0.5pt solid 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1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Adjusted EBITDA</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">1,313</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,305&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 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1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Adjusted EBITDA margin </font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:5.2pt;font-weight:400;line-height:100%;position:relative;top:-2.8pt;vertical-align:baseline">1</font></div></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">66.0</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">%</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">65.3&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">%</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">0.7</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;pts</font></td><td colspan="3" style="padding:0 1pt"></td><td 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Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Capital expenditures</font></div></td><td colspan="2" style="border-bottom:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">188</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="border-bottom:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-bottom:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">365&#160;</font></td><td style="border-bottom:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-bottom:1pt solid 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1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">772&#160;</font></td><td style="border-bottom:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-bottom:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(40)</font></td><td style="border-bottom:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr></table></div><div style="margin-top:3pt;padding-left:4.5pt;text-align:justify;text-indent:-4.5pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">1</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:120%">&#160;&#160;&#160;&#160;Calculated using service revenue.</font></div><div style="margin-top:3pt;padding-left:4.5pt;text-align:justify;text-indent:-4.5pt"><font><br></font></div><div><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:700;line-height:120%">Wireless Subscriber Results</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%"> </font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:5.85pt;font-weight:400;line-height:120%;position:relative;top:-3.15pt;vertical-align:baseline">1</font></div><div style="margin-top:5pt;text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.849%"><tr><td style="width:1.0%"></td><td style="width:44.012%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.772%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.772%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.772%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.551%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.072%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.072%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.077%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="border-top:1pt solid #000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;&#160;</font></td><td colspan="9" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted 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style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2025</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Chg</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000;border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2026</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2025</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Chg</font></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><div style="padding-left:0.75pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Postpaid mobile phone </font></div></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 6.25pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Gross additions</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted 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1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">762</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">699&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">63&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 6.25pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Net additions</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">22</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">35&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(13)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">50</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">46&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">4&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><div style="padding-left:5.25pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Total postpaid mobile phone subscribers </font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:5.2pt;font-weight:400;line-height:100%;position:relative;top:-2.8pt;vertical-align:baseline">2</font></div></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">11,045</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">10,910&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">135&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">11,045</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">10,910&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">135&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 6.25pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Churn (monthly)</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">0.94</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">%</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1.00&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">%</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(0.06</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;pts)</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">1.08</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">%</font></td><td colspan="2" style="background-color:#ffffff;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1.01&#160;</font></td><td style="background-color:#ffffff;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">%</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">0.07</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;pts</font></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><div style="padding-left:0.75pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Prepaid mobile phone</font></div></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 6.25pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Gross additions</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">199</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">135&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">64&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">348</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">267&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">81&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 6.25pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Net additions</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">18</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">26&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(8)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">23</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">49&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(26)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><div style="padding-left:5.25pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Total prepaid mobile phone subscribers </font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:5.2pt;font-weight:400;line-height:100%;position:relative;top:-2.8pt;vertical-align:baseline">2</font></div></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">1,223</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,160&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">63&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">1,223</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,160&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">63&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 6.25pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Churn (monthly)</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">5.01</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">%</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">3.23&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">%</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1.78</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;pts</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">4.52</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">%</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">3.28&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">%</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1.24</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;pts</font></td></tr><tr><td colspan="3" style="border-bottom:1pt solid #000000;padding:1.5pt 1pt;text-align:left;vertical-align:top"><div style="padding-left:0.75pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Mobile phone ARPU (monthly)</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:5.2pt;font-weight:400;line-height:100%;position:relative;top:-2.8pt;vertical-align:baseline"> 3</font></div></td><td colspan="2" style="border-bottom:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font 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solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:left;vertical-align:bottom"></td><td colspan="3" style="border-bottom:1pt solid #000;padding:0 1pt"></td><td colspan="2" style="border-bottom:1pt solid #000000;border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">$54.94</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:left;vertical-align:bottom"></td><td colspan="2" style="border-bottom:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$56.24&#160;</font></td><td style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:left;vertical-align:bottom"></td><td colspan="2" style="border-bottom:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">($1.30)</font></td><td style="border-bottom:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:left;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr></table></div><div style="margin-top:3pt;padding-left:4.5pt;text-align:justify;text-indent:-4.5pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">1&#160;&#160;&#160;&#160;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Subscriber counts and subscriber churn are key performance indicators. 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Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:13.5pt">a continued shift in the product mix towards higher-value devices&#59; partially offset by</font></div><div style="padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="background-color:#ffffff;color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">&#8226;</font><font style="background-color:#ffffff;color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:13.5pt">a decrease in new subscribers purchasing devices.</font></div><div style="text-align:justify"><font><br></font></div><div style="height:45pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="margin-top:5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:32.233%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:32.233%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:32.234%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Rogers Communications Inc.</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><div style="text-align:center"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">7</font></div></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Second Quarter 2026</font></td></tr><tr><td colspan="3" style="display:none"></td></tr></table></div></div></div><hr style="page-break-after:always"><div style="min-height:45pt;width:100%"><div style="text-align:justify"><font><br></font></div></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">The increase year to date was also affected by higher device upgrades by existing customers. </font></div><div style="text-align:justify"><font><br></font></div><div><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:700;line-height:120%">Operating costs</font></div><div><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:120%">Cost of equipment</font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">The 5% decrease in the cost of equipment this quarter and 1% increase year to date were a result of the equipment 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style="padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="background-color:#ffffff;color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">&#8226;</font><font style="background-color:#ffffff;color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:13.5pt">higher costs associated with marketing and advertising initiatives. </font></div><div style="text-align:justify"><font><br></font></div><div><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:700;line-height:120%">Adjusted EBITDA</font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">The 1% increases in adjusted EBITDA this quarter and year to date were a result of the revenue and expense changes discussed above.</font></div><div style="text-align:justify"><font><br></font></div><div style="height:45pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="margin-top:5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:32.233%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:32.233%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:32.234%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Rogers Communications Inc.</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><div style="text-align:center"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">8</font></div></td><td colspan="3" 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style="width:1.0%"></td><td style="width:43.260%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.072%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.072%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.072%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.401%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.072%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.072%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.079%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;&#160;</font></td><td colspan="9" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Three months ended June 30</font></td><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="9" style="border-left:0.5pt solid #000000;border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Six months ended June 30</font></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(In millions of dollars, except margins)</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2026</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2025</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">%&#160;Chg</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000;border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2026</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2025</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">%&#160;Chg</font></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Revenue</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:6.75pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Service revenue from external customers</font></div></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">1,952</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,944&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">3,874</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">3,851&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted 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Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">17&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">29&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">38</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">34&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">12&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:6.75pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Service revenue</font></div></td><td colspan="2" style="border-top:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">1,974</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="border-top:0.5pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,961&#160;</font></td><td style="border-top:0.5pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1&#160;</font></td><td style="border-top:0.5pt solid 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Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">20</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">18&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">11&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:1.5pt 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0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1&#160;</font></td><td style="border-top:0.5pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000;border-top:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">3,932</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="border-top:0.5pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-top:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">3,903&#160;</font></td><td style="border-top:0.5pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-top:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1&#160;</font></td><td style="border-top:0.5pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><div style="padding-left:0.75pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Operating costs</font></div></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">826</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">821&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted 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colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Adjusted EBITDA</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">1,158</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,147&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2,280</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2,255&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid 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Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">58.4</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">%</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">58.3&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">%</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted 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style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">57.8&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">%</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">0.2</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;pts</font></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-bottom:1pt solid #000;padding:1.5pt 1pt;text-align:left;text-indent:4.5pt;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Capital expenditures</font></td><td colspan="2" style="border-bottom:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">367</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="border-bottom:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-bottom:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">404&#160;</font></td><td style="border-bottom:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-bottom:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(9)</font></td><td style="border-bottom:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="border-bottom:1pt solid #000;padding:0 1pt"></td><td colspan="2" style="border-bottom:1pt solid #000;border-left:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">775</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="border-bottom:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-bottom:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">850&#160;</font></td><td style="border-bottom:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-bottom:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(9)</font></td><td style="border-bottom:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr></table></div><div style="text-align:justify"><font><br></font></div><div><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:700;line-height:120%">Cable Subscriber Results </font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:5.85pt;font-weight:400;line-height:120%;position:relative;top:-3.15pt;vertical-align:baseline">1</font></div><div style="margin-top:5pt;text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:43.194%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.059%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.059%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.059%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.550%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.059%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.059%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.061%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;&#160;</font></td><td colspan="9" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Three months ended June 30</font></td><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="9" style="border-left:0.5pt solid #000000;border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Six months ended June 30</font></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(In thousands, except ARPA and penetration)</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2026</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2025</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Chg</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000;border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2026</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2025</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Chg</font></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><div style="padding-left:0.75pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Homes passed </font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:5.2pt;font-weight:400;line-height:100%;position:relative;top:-2.8pt;vertical-align:baseline">2</font></div></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">10,624</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">10,354&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">270&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">10,624</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">10,354&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">270&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Customer relationships</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 6.25pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Net additions</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">9</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">16&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(7)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">6</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">20&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(14)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><div style="padding-left:5.25pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Total customer relationships </font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:5.2pt;font-weight:400;line-height:100%;position:relative;top:-2.8pt;vertical-align:baseline">2</font></div></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">4,862</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">4,825&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">37&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">4,862</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">4,825&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">37&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:0.75pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">ARPA (monthly)</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:5.2pt;font-weight:400;line-height:100%;position:relative;top:-2.8pt;vertical-align:baseline"> 3</font></div></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">$135.49</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:left;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$135.74&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:left;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">($0.25)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:left;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">$134.32</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:left;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$136.59&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:left;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">($2.27)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:left;vertical-align:bottom"></td></tr><tr style="height:12pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:0.75pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Penetration </font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:5.2pt;font-weight:400;line-height:100%;position:relative;top:-2.8pt;vertical-align:baseline">2</font></div></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">45.8</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">%</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">46.6&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">%</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(0.8</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;pts)</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">45.8</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">%</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">46.6&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">%</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(0.8</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;pts)</font></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000;border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Retail Internet</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 6.25pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Net additions</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">17</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">26&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(9)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">24</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">49&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(25)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><div style="padding-left:5.25pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Total retail Internet subscribers </font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:5.2pt;font-weight:400;line-height:100%;position:relative;top:-2.8pt;vertical-align:baseline">2</font></div></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">4,521</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">4,446&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">75&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">4,521</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">4,446&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">75&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Video</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 6.25pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Net losses</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(22)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(25)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">3&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(54)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(57)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">3&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><div style="padding-left:5.25pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Total Video subscribers </font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:5.2pt;font-weight:400;line-height:100%;position:relative;top:-2.8pt;vertical-align:baseline">2</font></div></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2,449</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2,560&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(111)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2,449</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2,560&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(111)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><div style="padding-left:0.75pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Home Monitoring</font></div></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 6.25pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Net additions</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">1</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">3&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(2)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">5</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">8&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(3)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><div style="padding-left:5.25pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Total Home Monitoring subscribers </font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:5.2pt;font-weight:400;line-height:100%;position:relative;top:-2.8pt;vertical-align:baseline">2</font></div></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">158</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">141&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">17&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">158</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">141&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">17&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Home Phone</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 6.25pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted 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style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(56)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(55)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(1)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="border-bottom:1pt solid 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style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="border-bottom:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-bottom:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,452&#160;</font></td><td style="border-bottom:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-bottom:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(119)</font></td><td style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr></table></div><div style="margin-top:3pt;padding-left:4.5pt;text-align:justify;text-indent:-4.5pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">1&#160;&#160;&#160;&#160;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Subscriber results are key performance indicators. 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partially offset by</font></div><div style="padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:13.5pt">other efficiency and productivity initiatives.</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Operating costs for the year to date were stable.</font></div><div style="text-align:justify"><font><br></font></div><div><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:700;line-height:120%">Adjusted EBITDA </font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">The 1% increases in adjusted EBITDA this quarter and year to date were a result of the service revenue and expense changes discussed above. 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1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;&#160;</font></td><td colspan="9" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Three months ended June 30</font></td><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="9" style="border-left:0.5pt solid #000000;border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Six months ended June 30</font></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(In millions of dollars, except margins)</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2026</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2025</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">%&#160;Chg</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000;border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2026</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2025</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">%&#160;Chg</font></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Revenue from external customers</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">1,075</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">679&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">58&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">1,991</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,142&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">74&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Revenue from internal customers</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 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Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(55)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">n&#47;m</font></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Adjusted EBITDA margin</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 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1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">26&#160;</font></td><td style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-bottom:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">65&#160;</font></td><td style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="border-bottom:1pt solid #000000;padding:0 1pt"></td><td colspan="2" style="border-bottom:1pt solid #000000;border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted 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Higher subscriber revenue from the Warner Bros. 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Next',sans-serif;font-size:9pt;font-weight:700;line-height:120%">Adjusted EBITDA</font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">The increases in adjusted EBITDA this quarter and year to date were a result of the revenue and expense changes discussed above.</font></div><div style="height:45pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="margin-top:5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:32.233%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:32.233%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:32.234%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><font 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style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;&#160;</font></td><td colspan="9" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Three months ended June 30</font></td><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="9" style="border-left:0.5pt solid #000000;border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Six months ended June 30</font></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(In millions of dollars, except capital 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Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2026</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2025</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">%&#160;Chg</font></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Wireless</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">188</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted 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style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">65&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">119</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">61&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td 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1pt;text-align:left;vertical-align:top"><div style="padding-left:0.75pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Capital intensity </font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:5.2pt;font-weight:400;line-height:100%;position:relative;top:-2.8pt;vertical-align:baseline">2</font></div></td><td colspan="2" style="border-bottom:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">12.4</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">%</font></td><td colspan="2" style="border-bottom:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">15.9&#160;</font></td><td style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">%</font></td><td colspan="2" style="border-bottom:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(3.5</font></td><td style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;pts)</font></td><td colspan="3" style="border-bottom:1pt solid #000000;padding:0 1pt"></td><td colspan="2" style="border-bottom:1pt solid #000000;border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">13.5</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">%</font></td><td colspan="2" style="border-bottom:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">17.7&#160;</font></td><td style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">%</font></td><td colspan="2" style="border-bottom:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(4.2</font></td><td style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;pts)</font></td></tr></table></div><div style="margin-top:3pt;padding-left:4.5pt;text-align:justify;text-indent:-4.5pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">1&#160;&#160;&#160;&#160;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Includes additions to property, plant and equipment net of proceeds on disposition and accrued government grants, but does not include expenditures for spectrum licences, additions to right-of-use assets, or assets acquired through business combinations.</font></div><div style="padding-left:4.5pt;text-align:justify;text-indent:-4.5pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">2</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:120%">&#160;&#160;&#160;&#160;Capital intensity is a supplementary financial measure. See &#34;Non-GAAP and Other Financial Measures&#34; in our Q2 2026 MD&#38;A for more information about this measure, available at www.sedarplus.ca.</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">We continue to (i) expand the reach and capacity of our 5G network across the country and (ii) invest in fibre deployments, including fibre-to-the-home (FTTH), in our cable network as we expand our network footprint to reach more homes and businesses, including in rural, remote, and Indigenous communities. These investments are expected to strengthen network resilience and stability and help us bridge the digital divide by expanding our network further into rural and underserved areas through participation in various programs and projects.</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">In April 2026, we updated our 2026 capital expenditure guidance range (see &#34;Financial Guidance&#34;) as a direct reflection of the ongoing impacts from heightened competitive intensity and recent regulatory decisions. Our strategic priorities remain unchanged and our current capital expenditure guidance range continues to support these priorities. We expect to achieve our guidance range through (i) ongoing investments progressing at a slower pace, (ii) the deferral and&#47;or cancellation of certain projects, and (iii) lower capital costs for projects, most predominantly affecting Wireless and Cable.</font></div><div style="text-align:justify"><font><br></font></div><div><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:700;line-height:120%">Wireless </font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">In addition to the above, the decreases in capital expenditures in Wireless this quarter and year to date were due to the impact of $90 million of proceeds received on the sale of certain network assets. We continued to expand and enhance our wireless network through investments in network development and 5G deployment. We are actively deploying advanced spectrum assets, including the ongoing rollout of 3500 MHz spectrum and 3800 MHz spectrum. These investments build on our existing 5G infrastructure in the 600 MHz spectrum band, enabling greater speed, lower latency, and improved reliability for customers across urban and rural areas.</font></div><div style="text-align:justify"><font><br></font></div><div><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:700;line-height:120%">Cable</font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">In addition to the above, the decreases in capital expenditures in Cable this quarter and year to date were a result of customers increasingly choosing to self-install new products. This quarter, we also sold certain cable network assets for $46 million (2025 - $47 million), the proceeds from which reduced capital expenditures. We are growing our network through expanded fibre deployments to increase our FTTH distribution and to extend our service footprint. At the same time, we are enhancing our network by upgrading our DOCSIS 3.1 platform as we transition to DOCSIS 4.0 to improve network resilience, stability, and capacity while delivering faster speeds. As part of this upgrade, we are rolling out mid-split technology (which has a greater number of frequencies than older technology and also allocates a greater number of frequencies to uploading data) in Ontario and Eastern Canada, significantly increasing upload speeds. These advancements leverage the latest technologies to provide greater bandwidth, improved performance, and an enhanced customer experience as we advance our connected home roadmap.</font></div><div style="text-align:justify"><font><br></font></div><div><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:700;line-height:120%">Media </font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">The increases in capital expenditures in Media this quarter and year to date primarily reflect the continued modernization of Rogers Centre and Scotiabank Arena.</font></div><div style="text-align:justify"><font><br></font></div><div><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:700;line-height:120%">Capital intensity</font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Capital intensity decreased this quarter and year to date as a result of the revenue growth and capital expenditure changes discussed above. </font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font><br></font></div><div style="height:45pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="margin-top:5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:32.233%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:32.233%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:32.234%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Rogers Communications Inc.</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><div style="text-align:center"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">12</font></div></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Second Quarter 2026</font></td></tr><tr><td colspan="3" style="display:none"></td></tr></table></div></div></div><div id="id2c96c527c244671b732acc51844286c_34"></div><hr style="page-break-after:always"><div style="min-height:45pt;width:100%"><div style="text-align:justify"><font><br></font></div></div><div><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:12pt;font-weight:700;line-height:120%">Review of Consolidated Performance</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">This section discusses our consolidated net income and other income and expenses that do not form part of the segment discussions above.</font></div><div style="margin-top:5pt;text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:43.194%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.059%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.059%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.059%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.550%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.059%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.059%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.061%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;&#160;</font></td><td colspan="9" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Three months ended June 30</font></td><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="9" style="border-left:0.5pt solid #000000;border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Six months ended June 30</font></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(In millions of dollars)</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2026</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2025</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">%&#160;Chg</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000;border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2026</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2025</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">%&#160;Chg</font></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Adjusted EBITDA</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2,442</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2,362&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">3&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">4,806</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">4,616&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">4&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Deduct (add)&#58;</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 6.25pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Depreciation and amortization</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">1,194</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,184&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2,415</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2,350&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">3&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 6.25pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Restructuring, acquisition and other</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">211</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">238&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(11)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">260</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">365&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(29)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 6.25pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Finance costs</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">565</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">628&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(10)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">1,008</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,207&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(16)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><div style="padding-left:5.25pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Gain on disposition of assets</font></div></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(30)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(30)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 6.25pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Other expense (income)</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">1,019</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(9)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">n&#47;m</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">1,015</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(7)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">n&#47;m</font></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 6.25pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Income tax expense</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">148</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">173&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(14)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">321</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">273&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">18&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-bottom:1pt solid #000;padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Net (loss) income</font></td><td colspan="2" style="border-bottom:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(665)</font></td><td style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-bottom:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">148&#160;</font></td><td style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="border-bottom:1pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">n&#47;m</font></td><td colspan="3" style="border-bottom:1pt solid #000000;padding:0 1pt"></td><td colspan="2" style="border-bottom:1pt solid #000000;border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(183)</font></td><td style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-bottom:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">428&#160;</font></td><td style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="border-bottom:1pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">n&#47;m</font></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr></table></div><div style="margin-top:3pt;padding-left:4.5pt;text-align:justify;text-indent:-4.5pt"><font><br></font></div><div><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:700;line-height:120%">Depreciation and amortization</font></div><div style="margin-top:5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:43.194%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.059%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.059%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.059%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.550%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.059%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.059%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.061%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;&#160;</font></td><td colspan="9" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Three months ended June 30</font></td><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="9" style="border-left:0.5pt solid #000000;border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Six months ended June 30</font></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(In millions of dollars)</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2026</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2025</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">%&#160;Chg</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000;border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2026</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2025</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">%&#160;Chg</font></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted 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Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">1,888</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,864&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Depreciation of right-of-use assets</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">122</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">113&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">8&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">244</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">211&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">16&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Amortization</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">141</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">138&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">283</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">275&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">3&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Total depreciation and amortization</font></td><td colspan="2" style="border-bottom:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">1,194</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-bottom:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,184&#160;</font></td><td style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-bottom:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1&#160;</font></td><td style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="border-bottom:1pt solid #000000;padding:0 1pt"></td><td colspan="2" style="border-bottom:1pt solid #000000;border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2,415</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-bottom:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2,350&#160;</font></td><td style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-bottom:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">3&#160;</font></td><td style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr></table></div><div style="text-align:justify"><font><br></font></div><div><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:700;line-height:120%">Restructuring, acquisition and other</font></div><div style="margin-top:5pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:42.293%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.863%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.863%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.550%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.863%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.868%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="6" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Three months ended June 30</font></td><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="6" style="border-left:0.5pt solid #000000;border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Six months ended June 30</font></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(In millions of dollars)</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2026</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2025</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000;border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2026</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2025</font></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000;border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><div style="padding-left:9pt;text-indent:-9pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Restructuring, acquisition and other excluding Shaw Transaction integration-related costs</font></div></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">207</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">213&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">245</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">303&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><div><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Shaw Transaction integration-related costs</font></div></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">4</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">25&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">15</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">62&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000;border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-bottom:1pt solid #000000;padding:1.5pt 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Total restructuring, acquisition and other</font></td><td colspan="2" style="border-bottom:1pt solid #000000;padding:1.5pt 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1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">260</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-bottom:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">365&#160;</font></td><td style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr></table></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">The restructuring, acquisition and other costs excluding Shaw Transaction integration-related costs in the second quarters of 2025 and 2026 primarily include severance and other departure-related costs associated with the targeted restructuring of our employee base, specifically including $120 million arising from a voluntary departure program in 2026. Year to date, we also incurred costs associated with certain litigation. 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style="width:1.0%"></td><td style="width:32.233%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:32.234%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Rogers Communications Inc.</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><div style="text-align:center"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">13</font></div></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Second Quarter 2026</font></td></tr><tr><td colspan="3" style="display:none"></td></tr></table></div></div></div><hr style="page-break-after:always"><div style="min-height:45pt;width:100%"><div style="text-align:justify"><font><br></font></div></div><div><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:700;line-height:120%">Finance costs</font></div><div style="margin-top:5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.849%"><tr><td style="width:1.0%"></td><td style="width:43.260%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.072%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.072%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.072%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.401%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.072%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.072%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.079%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;&#160;</font></td><td colspan="9" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Three months ended June 30</font></td><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="9" style="border-left:0.5pt solid #000000;border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Six months ended June 30</font></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(In millions of dollars)</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2026</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2025</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">%&#160;Chg</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000;border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2026</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2025</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">%&#160;Chg</font></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><div style="padding-left:0.75pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Interest on borrowings, net </font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:5.2pt;font-weight:400;line-height:100%;position:relative;top:-2.8pt;vertical-align:baseline">1</font></div></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">502</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">488&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">3&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">984</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">999&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(2)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Interest on lease liabilities</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">41</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">36&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">14&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">80</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">72&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">11&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><div style="padding-left:0.75pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Interest on post-employment benefits</font></div></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(1)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(1)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(3)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(3)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Loss (gain) on foreign exchange</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">30</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(75)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">n&#47;m</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">37</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(86)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">n&#47;m</font></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;text-indent:-0.01pt;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Change in fair value of derivative instruments</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(23)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">59&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">n&#47;m</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(35)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">72&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">n&#47;m</font></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><div style="padding-left:9pt;text-indent:-9pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Change in fair value of subsidiary equity derivative instruments </font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:5.2pt;font-weight:400;line-height:100%;position:relative;top:-2.8pt;vertical-align:baseline">2</font></div></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(16)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">93&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">n&#47;m</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(121)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">93&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">n&#47;m</font></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Capitalized interest</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(8)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(8)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(14)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(17)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(18)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Deferred transaction costs and other</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">40</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">36&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">11&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">80</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">77&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">4&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-bottom:1pt solid #000;padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Total finance costs</font></td><td colspan="2" style="border-bottom:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">565</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="border-bottom:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-bottom:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">628&#160;</font></td><td style="border-bottom:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-bottom:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(10)</font></td><td style="border-bottom:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="border-bottom:1pt solid #000;padding:0 1pt"></td><td colspan="2" style="border-bottom:1pt solid #000;border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">1,008</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="border-bottom:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-bottom:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,207&#160;</font></td><td style="border-bottom:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-bottom:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(16)</font></td><td style="border-bottom:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr></table></div><div style="margin-top:3pt;padding-left:4.5pt;text-align:justify;text-indent:-4.5pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">1&#160;&#160;&#160;&#160;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Interest on borrowings, net includes interest on short-term borrowings and on long-term debt.</font></div><div style="padding-left:4.5pt;text-align:justify;text-indent:-4.5pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">2</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:120%">&#160;&#160;&#160;&#160;Reflects the change in fair value of derivatives entered into related to the network transaction (see &#34;Financial Risk Management&#34; in our Q2 2026 MD&#38;A for more information). This amount is removed from the calculation of adjusted net income and adjusted net income attributable to RCI shareholders (see below).</font></div><div><font><br></font></div><div><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:700;line-height:120%">Other expense</font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">The other expense this quarter and year to date primarily reflects a $1,034 million non-cash loss to recognize the change in the fair value of the MLSE put liability from $3.3 billion to $4.35 billion as at June 30, 2026 (see &#34;Update on sports and entertainment assets&#34;).</font></div><div style="text-align:justify"><font><br></font></div><div><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:700;line-height:120%">Income tax expense</font></div><div style="margin-top:5pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:42.293%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.863%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.863%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.550%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.863%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.868%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 6.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;&#160;</font></td><td colspan="6" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Three months ended June 30</font></td><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="6" style="border-left:0.5pt solid #000000;border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Six months ended June 30</font></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(In millions of dollars, except tax rates)</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2026</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2025</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000;border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2026</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2025</font></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Statutory income tax rate</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">26.2</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">%</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">26.2&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">%</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">26.2</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">%</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">26.2&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">%</font></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(Loss) income before income tax expense</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(517)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">321&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">138</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">701&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Computed income tax (recovery) expense</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(135)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">84&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">36</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">184&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Increase (decrease) in income tax expense resulting from&#58;</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 19pt;text-align:left;text-indent:-9pt;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Non-(taxable) deductible stock-based compensation</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(7)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(4)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(1)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 19pt;text-align:left;text-indent:-9pt;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Non-(taxable) deductible portion of equity (income) losses</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(1)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(3)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><div style="padding-left:18pt;text-indent:-9pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Non-deductible loss on revaluation of MLSE put liability</font></div></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">274</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">274</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 19pt;text-align:left;text-indent:-9pt;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Non-(taxable) deductible portion of capital (gains) losses</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(10)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">44&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(10)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">44&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 19pt;text-align:left;text-indent:-9pt;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Unrealized capital losses for which no deferred tax asset is recognized</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">19</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">45&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">19</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">45&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 19pt;text-align:left;text-indent:-9pt;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Other items</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">8</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(2)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">9</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Total income tax expense</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">148</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">173&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">321</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">273&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Effective income tax rate</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(28.6)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">%</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">53.9&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">%</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">232.6</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">%</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">38.9&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">%</font></td></tr><tr><td colspan="3" style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Cash income taxes paid</font></td><td colspan="2" style="border-bottom:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">166</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-bottom:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">126&#160;</font></td><td style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="border-bottom:1pt solid #000000;padding:0 1pt"></td><td colspan="2" style="border-bottom:1pt solid #000000;border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">366</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-bottom:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">314&#160;</font></td><td style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr></table></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Cash income taxes paid increased this quarter and year to date due to timing of installments.</font></div><div style="text-align:justify"><font><br></font></div><div style="height:45pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="margin-top:5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:32.233%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:32.233%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:32.234%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Rogers Communications Inc.</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><div style="text-align:center"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">14</font></div></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Second Quarter 2026</font></td></tr><tr><td colspan="3" style="display:none"></td></tr></table></div></div></div><hr style="page-break-after:always"><div style="min-height:45pt;width:100%"><div style="text-align:justify"><font><br></font></div></div><div><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:700;line-height:120%">Net (loss) income </font></div><div style="margin-top:5pt;text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:43.194%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.059%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.059%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.059%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.550%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.059%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.059%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.061%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;&#160;</font></td><td colspan="9" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Three months ended June 30</font></td><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="9" style="border-left:0.5pt solid #000000;border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Six months ended June 30</font></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(In millions of dollars, except per share amounts)</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2026</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2025</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">%&#160;Chg</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000;border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2026</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2025</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">%&#160;Chg</font></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Net (loss) income</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(665)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">148&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">n&#47;m</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(183)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">428&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">n&#47;m</font></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Net (loss) income attributable to RCI shareholders</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(726)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">157&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">n&#47;m</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(288)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">437&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">n&#47;m</font></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Basic (loss) earnings per share attributable to RCI shareholders</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">($1.34)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:left;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$0.29&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:left;vertical-align:bottom"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">n&#47;m</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">($0.53)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:left;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$0.81&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:left;vertical-align:bottom"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">n&#47;m</font></td></tr><tr><td colspan="3" style="border-bottom:1pt solid #000;padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Diluted (loss) earnings per share attributable to RCI shareholders</font></td><td colspan="2" style="border-bottom:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">($1.37)</font></td><td style="border-bottom:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:left;vertical-align:bottom"></td><td colspan="2" style="border-bottom:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$0.29&#160;</font></td><td style="border-bottom:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:left;vertical-align:bottom"></td><td colspan="3" style="border-bottom:1pt solid #000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">n&#47;m</font></td><td colspan="3" style="border-bottom:1pt solid #000;padding:0 1pt"></td><td colspan="2" style="border-bottom:1pt solid #000;border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">($0.55)</font></td><td style="border-bottom:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:left;vertical-align:bottom"></td><td colspan="2" style="border-bottom:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$0.79&#160;</font></td><td style="border-bottom:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:left;vertical-align:bottom"></td><td colspan="3" style="border-bottom:1pt solid #000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">n&#47;m</font></td></tr></table></div><div style="text-align:justify"><font><br></font></div><div><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:700;line-height:120%">Adjusted net income</font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">We calculate adjusted net income from adjusted EBITDA as follows&#58;</font></div><div style="margin-top:5pt;text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:43.194%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.059%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.059%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.059%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.550%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.059%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.059%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.061%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;&#160;</font></td><td colspan="9" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Three months ended June 30</font></td><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="9" style="border-left:0.5pt solid #000000;border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Six months ended June 30</font></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(In millions of dollars, except per share amounts)</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2026</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2025</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">%&#160;Chg</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000;border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2026</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2025</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">%&#160;Chg</font></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Adjusted EBITDA</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2,442</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2,362&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">3&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">4,806</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">4,616&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">4&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><div style="padding-left:0.75pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Deduct (add)&#58;</font></div></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><div style="padding-left:5.25pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Depreciation and amortization </font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:5.2pt;font-weight:400;line-height:100%;position:relative;top:-2.8pt;vertical-align:baseline">1</font></div></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">1,022</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">972&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">5&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2,062</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,909&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">8&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><div style="padding-left:5.25pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Finance costs </font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:5.2pt;font-weight:400;line-height:100%;position:relative;top:-2.8pt;vertical-align:baseline">2</font></div></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">581</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">535&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">9&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">1,129</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,114&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><div style="padding-left:5.25pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Other income </font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:5.2pt;font-weight:400;line-height:100%;position:relative;top:-2.8pt;vertical-align:baseline">3</font></div></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(15)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(9)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">67&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(19)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(7)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">171&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><div style="padding-left:5.25pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Income tax expense </font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:5.2pt;font-weight:400;line-height:100%;position:relative;top:-2.8pt;vertical-align:baseline">4</font></div></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">221</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">232&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(5)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">451</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">425&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">6&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><div style="padding-left:0.75pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Adjusted net income</font></div></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">633</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted 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style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,175&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><div style="padding-left:0.75pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Adjusted net income attributable to RCI shareholders</font></div></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font 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The policy amends both the Internet Code and the Wireless Code to add a new definition of &#34;activation or modification fee&#34;, which amendments became effective on June 12, 2026. On June 30, 2026, the CRTC issued Notice of Consultation CRTC 2026-155, </font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:120%">Show cause and call for comments &#8211; Compliance with the prohibition of fees that are a barrier to switching cellphone and Internet plans</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">, requiring each of Rogers, Bell, and Telus Corporation to show cause why certain fees charged by those carriers that the CRTC believes may be in contravention of Telecom Regulatory Policy 2026-43 are not in violation of sections 24 and 27.04 of the Telecommunications Act and Telecom Regulatory Policy 2026-43. Submissions addressing the issues are due to the CRTC by July 30, 2026.</font></div><div style="text-align:justify"><font><br></font></div><div><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:700;line-height:120%">CRTC Codes of Conduct</font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">On April 13, 2026, in Telecom Regulatory Policy CRTC 2026-67, </font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:120%">Enhancing customer notifications</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">, the CRTC amended the Wireless Code and the Internet Code to set out what information must be included in notices sent to customers before the end of their contract and to require notifications to customers before the end of a time-limited discount or promotion and </font></div><div style="height:45pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="margin-top:5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:32.233%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:32.233%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:32.234%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Rogers Communications Inc.</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><div style="text-align:center"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">15</font></div></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Second Quarter 2026</font></td></tr><tr><td colspan="3" style="display:none"></td></tr></table></div></div></div><hr style="page-break-after:always"><div style="min-height:45pt;width:100%"><div style="text-align:justify"><font><br></font></div></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">when their data usage reaches $50 when roaming internationally. The new requirements will come into effect on April 13, 2027.</font></div><div style="text-align:justify"><font><br></font></div><div><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:700;line-height:120%">Online Streaming Act</font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">On May 21, 2026, the CRTC issued Broadcasting Regulatory Policies CRTC 2026-95 and 2026-96, which introduced (i) a new financial contribution requirement of 1.55% of annual Canadian broadcasting revenues to support a new Services of Exceptional Importance Fund (SEIF) applicable to all broadcasting ownership groups with annual revenues of at least $100 million and (ii) a new Canadian Programming Expenditures (CPE) framework. On June 3, 2026, the Government of Canada directed the CRTC to review its decision to regulate online streamers and Canadian broadcasters and stated it would be issuing new policy directions to the CRTC requiring it to adjust its implementation of the Online Streaming Act.</font></div><div style="text-align:justify"><font><br></font></div><div id="id2c96c527c244671b732acc51844286c_52"></div><div><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:12pt;font-weight:700;line-height:120%">Updates to Risks and Uncertainties</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">See &#34;Risk Management&#34; and &#34;Regulation in our Industry&#34; in our 2025 Annual MD&#38;A for a discussion of the principal risks and uncertainties that could have a material adverse effect on our business and financial results as at March 6, 2026, which should be reviewed in conjunction with this earnings release. The following updates and supplements those risks and uncertainties.</font></div><div style="text-align:justify"><font><br></font></div><div><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:700;line-height:120%">Monetization of sports, media, and entertainment assets</font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">We intend to sell a minority interest in Rogers Sports after obtaining a 100% ownership interest in MLSE (see &#34;Update on sports and entertainment assets&#34;). While we believe there is a significant market for these assets, there is no guarantee we will be successful in selling a minority interest, whether at the expected investment amount, within the anticipated timing, or at all. Such a sale would also require approval from the various leagues governing our professional sports teams, which is not guaranteed. We may not proceed with, or complete, any sale of a minority interest in Rogers Sports, whether at the expected investment amount, within the anticipated timing, or at all, due to alternative opportunities or requirements, general economic and market conditions, or other internal or external considerations.</font></div><div style="text-align:justify"><font><br></font></div><div><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:700;line-height:120%">Sports franchises</font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">After obtaining a 100% ownership interest in MLSE (see &#34;Update on sports and entertainment assets&#34;), our exposure to risks associated with owning and operating sports franchises will increase.</font></div><div style="text-align:justify"><font><br></font></div><div id="id2c96c527c244671b732acc51844286c_804"></div><div><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:12pt;font-weight:700;line-height:120%">Financial Guidance</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">On April 22, 2026, concurrently with the release of our first quarter 2026 results, we updated our consolidated guidance ranges for select full-year 2026 financial metrics that were originally provided on January 29, 2026 as a direct reflection of the ongoing impacts from heightened competitive intensity and recent regulatory decisions. This press release is available under Rogers' profile on SEDAR+ at sedarplus.ca and on EDGAR at sec.gov.</font></div><div style="text-align:justify"><font><br></font></div><div id="id2c96c527c244671b732acc51844286c_58"></div><div><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:12pt;font-weight:700;line-height:120%">Key Performance Indicators</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">We measure the success of our strategy using a number of key performance indicators that are defined and discussed in our 2025 Annual MD&#38;A and this earnings release. We believe these key performance indicators allow us to appropriately measure our performance against our operating strategy and against the results of our peers and competitors. The following key performance indicators, some of which are supplementary financial measures (see &#34;Non-GAAP and Other Financial Measures&#34;), are not measurements in accordance with IFRS. They include&#58;</font></div><div style="width:100.000%"><div style="display:inline-block;vertical-align:top;width:46.846%"><div style="padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:13.5pt">subscriber counts&#59;</font></div><div style="padding-left:36pt;text-align:justify;text-indent:-18pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:13.5pt">Wireless&#59;</font></div><div style="padding-left:36pt;text-align:justify;text-indent:-18pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:13.5pt">Cable&#59; and</font></div><div style="padding-left:36pt;text-align:justify;text-indent:-18pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:13.5pt">homes passed (Cable)&#59;</font></div><div style="padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:13.5pt">Wireless subscriber churn (churn)&#59;</font></div><div style="padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:13.5pt">Wireless mobile phone average revenue per user<br>(ARPU)&#59;</font></div></div><div style="display:inline-block;max-width:6.306%;min-width:5.306%;vertical-align:top"></div><div style="display:inline-block;vertical-align:top;width:46.848%"><div style="padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:13.5pt">Cable average revenue per account (ARPA)&#59;</font></div><div style="padding-left:18pt;text-indent:-18pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:13.5pt">Cable customer relationships&#59;</font></div><div style="padding-left:18pt;text-indent:-18pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:13.5pt">Cable market penetration (penetration)&#59;</font></div><div style="padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:13.5pt">capital intensity&#59; and</font></div><div style="padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:13.5pt">total service revenue.</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font><br></font></div></div></div><div style="height:45pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="margin-top:5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:32.233%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:32.233%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:32.234%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Rogers Communications Inc.</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><div style="text-align:center"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">16</font></div></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Second Quarter 2026</font></td></tr><tr><td colspan="3" style="display:none"></td></tr></table></div></div></div><div id="id2c96c527c244671b732acc51844286c_61"></div><hr style="page-break-after:always"><div style="min-height:45pt;width:100%"><div style="text-align:justify"><font><br></font></div></div><div><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:12pt;font-weight:700;line-height:120%">Non-GAAP and Other Financial Measures</font></div><div style="text-align:justify"><font><br></font></div><div><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:700;line-height:120%">Reconciliation of adjusted EBITDA</font></div><div style="margin-top:5pt;text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:42.293%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.863%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.863%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.550%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.863%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.868%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 13pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;&#160;</font></td><td colspan="6" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Three months ended June 30</font></td><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="6" style="border-left:0.5pt solid #000000;border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Six months ended June 30</font></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(In millions of dollars)</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2026</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2025</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000;border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2026</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2025</font></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Net (loss) income</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(665)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">148&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(183)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">428&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><div style="padding-left:0.75pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Add (deduct)&#58;</font></div></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 6.25pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Income tax expense</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">148</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">173&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">321</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">273&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 6.25pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Finance costs</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">565</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">628&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">1,008</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,207&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 6.25pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Depreciation and amortization</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">1,194</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,184&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2,415</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2,350&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">EBITDA</font></td><td colspan="2" style="border-top:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">1,242</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="border-top:0.5pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-top:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2,133&#160;</font></td><td style="border-top:0.5pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000;border-top:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">3,561</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="border-top:0.5pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-top:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">4,258&#160;</font></td><td style="border-top:0.5pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Add (deduct)&#58;</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 6.25pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Other expense (income)</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">1,019</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(9)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">1,015</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(7)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 6.25pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Restructuring, acquisition and other</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">211</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">238&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">260</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">365&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><div style="padding-left:5.25pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Gain on disposition of assets</font></div></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(30)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(30)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-bottom:1pt solid #000;padding:1.5pt 1pt 1.5pt 10pt;text-align:left;text-indent:-9pt;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Adjusted EBITDA</font></td><td colspan="2" style="border-bottom:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2,442</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="border-bottom:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-bottom:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2,362&#160;</font></td><td style="border-bottom:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="border-bottom:1pt solid #000;padding:0 1pt"></td><td colspan="2" style="border-bottom:1pt solid #000;border-left:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">4,806</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="border-bottom:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-bottom:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">4,616&#160;</font></td><td style="border-bottom:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr></table></div><div style="text-align:justify"><font><br></font></div><div><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:700;line-height:120%">Reconciliation of adjusted net income</font></div><div style="margin-top:5pt;text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:42.293%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.863%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.863%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.550%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.863%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.868%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;&#160;</font></td><td colspan="6" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Three months ended June 30</font></td><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="6" style="border-left:0.5pt solid #000000;border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Six months ended June 30</font></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(In millions of dollars)</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2026</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2025</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000;border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2026</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2025</font></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Net (loss) income</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(665)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">148&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(183)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">428&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Add (deduct)&#58;</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 14.5pt;text-align:left;text-indent:-9pt;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Restructuring, acquisition and other</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">211</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">238&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">260</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">365&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><div style="padding-left:13.5pt;text-indent:-9pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Change in fair value of subsidiary equity derivative instruments</font></div></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(16)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">93&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(121)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">93&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 14.5pt;text-align:left;text-indent:-9pt;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Depreciation and amortization on fair value increment of Shaw Transaction-related assets</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">172</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">212&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">353</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">441&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><div style="padding-left:13.5pt;text-indent:-9pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Loss on revaluation of MLSE put liability</font></div></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">1,034</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">1,034</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 14.5pt;text-align:left;text-indent:-9pt;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Gain on disposition of assets</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(30)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(30)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 6.25pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Income tax impact of above items</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(73)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(59)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(130)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(152)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000;border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-bottom:1pt solid #000;padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Adjusted net income</font></td><td colspan="2" style="border-bottom:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">633</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="border-bottom:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-bottom:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">632&#160;</font></td><td style="border-bottom:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="border-bottom:1pt solid #000;padding:0 1pt"></td><td colspan="2" style="border-bottom:1pt solid #000;border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">1,183</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="border-bottom:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-bottom:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,175&#160;</font></td><td style="border-bottom:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr></table></div><div style="text-align:justify"><font><br></font></div><div><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:700;line-height:120%">Reconciliation of pro forma trailing 12-month adjusted EBITDA</font></div><div style="margin-top:5pt;text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:84.936%"></td><td style="width:0.1%"></td><td colspan="3" style="display:none"></td><td style="width:1.0%"></td><td style="width:12.864%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;&#160;</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">As at <br>December 31</font></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(In millions of dollars)</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2025</font></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Trailing 12-month adjusted EBITDA </font></td><td colspan="3" style="display:none"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">9,820&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Add (deduct)&#58;</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 7.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">MLSE adjusted EBITDA - January to June 2025</font></td><td colspan="3" style="display:none"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">166&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Pro forma trailing 12-month adjusted EBITDA</font></td><td colspan="3" style="display:none"></td><td colspan="2" style="border-bottom:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">9,986&#160;</font></td><td style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr></table></div><div style="text-align:justify"><font><br></font></div><div style="height:45pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="margin-top:5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:32.233%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:32.233%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:32.234%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Rogers Communications Inc.</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><div style="text-align:center"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">17</font></div></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Second Quarter 2026</font></td></tr><tr><td colspan="3" style="display:none"></td></tr></table></div></div></div><hr style="page-break-after:always"><div style="min-height:45pt;width:100%"><div style="text-align:justify"><font><br></font></div></div><div><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:700;line-height:120%">Reconciliation of adjusted net income attributable to RCI shareholders</font></div><div style="margin-top:5pt;text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:42.293%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.863%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.863%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.550%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.863%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.868%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;&#160;</font></td><td colspan="6" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Three months ended June 30</font></td><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="6" style="border-left:0.5pt solid #000000;border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Six months ended June 30</font></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(In millions of dollars)</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2026</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2025</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000;border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2026</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2025</font></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Net (loss) income attributable to RCI shareholders</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(726)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">157&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(288)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">437&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Add (deduct)&#58;</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 14.5pt;text-align:left;text-indent:-9pt;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Restructuring, acquisition and other</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">211</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">238&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" 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Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Change in fair value of subsidiary equity derivative instruments</font></div></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(16)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">93&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(121)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">93&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 14.5pt;text-align:left;text-indent:-9pt;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Depreciation and amortization on fair value increment of Shaw Transaction-related assets</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">172</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">212&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">353</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">441&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><div style="padding-left:13.5pt;text-indent:-9pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Loss on revaluation of MLSE put liability</font></div></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">1,034</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">1,034</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><div style="padding-left:13.5pt;text-indent:-9pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Gain on disposition of assets</font></div></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(30)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(30)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><div style="padding-left:13.5pt;text-indent:-9pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Revaluation of subsidiary US dollar-denominated balances </font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:5.2pt;font-weight:400;line-height:100%;position:relative;top:-2.8pt;vertical-align:baseline">1</font></div></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">80</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(21)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">131</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(21)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 6.25pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Income tax impact of above items</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(85)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(59)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(149)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(152)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000;border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-bottom:1pt solid #000000;padding:1.5pt 1pt;text-align:left;vertical-align:top"><div style="padding-left:0.75pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Adjusted net income attributable to RCI shareholders</font></div></td><td colspan="2" style="border-bottom:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">640</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-bottom:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">620&#160;</font></td><td style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="border-bottom:1pt solid #000000;padding:0 1pt"></td><td colspan="2" style="border-bottom:1pt solid #000000;border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">1,190</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-bottom:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,163&#160;</font></td><td style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr></table></div><div style="margin-top:3pt;padding-left:4.5pt;text-align:justify;text-indent:-4.5pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">1</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7pt;font-weight:400;line-height:120%">&#160;&#160;&#160;&#160;Reflects RCI's share of the impacts of foreign exchange revaluation on US dollar-denominated intercompany balances in BNSI, our non-wholly owned subsidiary formed in connection with the network transaction. 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style="width:12.263%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.266%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;&#160;</font></td><td colspan="6" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Three months ended June 30</font></td><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="6" style="border-left:0.5pt solid #000000;border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Six months ended June 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Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2026</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2025</font></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Cash provided by operating activities</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">1,517</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,596&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">3,012</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2,892&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Add (deduct)&#58;</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 6.25pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Capital expenditures</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(695)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(831)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(1,503)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(1,809)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 6.25pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Interest on borrowings, net and capitalized interest</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(494)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(480)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(970)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(982)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 6.25pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Interest paid</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">456</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">395&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">1,008</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">990&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 6.25pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Restructuring, acquisition and other</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">211</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">238&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">260</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">365&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 6.25pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Program rights amortization</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(33)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(31)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(86)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(50)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 6.25pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Change in net operating assets and liabilities</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">160</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">28&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">319</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">111&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 14.5pt;text-align:left;text-indent:-9pt;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Distributions paid by subsidiaries to non-controlling interests</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(117)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(233)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 14.5pt;text-align:left;text-indent:-9pt;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Net cash proceeds on subsidiary equity derivatives</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">12</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">24</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 6.25pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Post-employment benefit contributions, net of expense</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(18)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(19)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(34)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(36)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 6.25pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Cash flows relating to other operating activities</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(16)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">38&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(37)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">35&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 6.25pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Other investment income</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(1)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(9)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(2)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(5)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-bottom:1pt solid #000;padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Free cash flow</font></td><td colspan="2" style="border-bottom:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">982</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="border-bottom:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-bottom:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">925&#160;</font></td><td style="border-bottom:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="border-bottom:1pt solid #000;padding:0 1pt"></td><td colspan="2" style="border-bottom:1pt solid #000;border-left:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">1,758</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="border-bottom:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-bottom:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,511&#160;</font></td><td style="border-bottom:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr></table></div><div style="margin-top:3pt;padding-left:4.5pt;text-align:justify;text-indent:-4.5pt"><font><br></font></div><div style="height:45pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="margin-top:5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:32.233%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:32.233%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:32.234%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Rogers Communications Inc.</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><div style="text-align:center"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">18</font></div></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Second Quarter 2026</font></td></tr><tr><td colspan="3" style="display:none"></td></tr></table></div></div></div><div id="id2c96c527c244671b732acc51844286c_64"></div><hr style="page-break-after:always"><div style="min-height:45pt;width:100%"><div style="text-align:justify"><font><br></font></div></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:700;line-height:120%">Rogers Communications Inc.</font></div><div><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:700;line-height:120%">Interim Condensed Consolidated Statements of Income</font></div><div><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">(In millions of Canadian dollars, except per share amounts, unaudited)</font></div><div style="margin-top:5pt;text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:49.800%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.912%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.912%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.851%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.912%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.913%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;&#160;</font></td><td colspan="6" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Three months ended June 30</font></td><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="6" style="border-left:0.5pt solid #000000;border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Six months ended June 30</font></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;&#160;</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2026</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2025</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000;border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2026</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2025</font></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 7.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Revenue</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">5,615</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 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Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">10,192&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr style="height:12pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 7.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Operating expenses&#58;</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td 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Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">260</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">365&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 7.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Finance costs</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted 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style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,207&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 7.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Gain on disposition of assets</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(30)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(30)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 7.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Other expense (income)</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">1,019</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(9)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">1,015</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(7)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 7.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(Loss) income before income tax expense</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(517)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">321&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">138</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">701&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 7.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Income tax expense</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">148</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">173&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">321</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">273&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 7.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Net (loss) income for the period</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(665)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">148&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(183)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">428&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 7.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Net (loss) income for the period attributable to&#58;</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 19pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">RCI shareholders</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(726)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">157&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(288)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">437&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 19pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Non-controlling interest</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">61</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(9)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">105</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(9)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr style="height:12pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 7.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(Loss) earnings per share attributable to RCI shareholders&#58;</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 19pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Basic</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">($1.34)</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$0.29</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">($0.53)</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$0.81</font></td></tr><tr><td colspan="3" style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 19pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Diluted</font></td><td colspan="3" style="border-bottom:1pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">($1.37)</font></td><td colspan="3" style="border-bottom:1pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$0.29</font></td><td colspan="3" style="border-bottom:1pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-bottom:1pt solid #000000;border-left:0.5pt solid #000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">($0.55)</font></td><td colspan="3" style="border-bottom:1pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$0.79</font></td></tr></table></div><div style="height:45pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="margin-top:5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:32.233%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:32.233%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:32.234%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Rogers Communications Inc.</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><div style="text-align:center"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">19</font></div></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Second Quarter 2026</font></td></tr><tr><td colspan="3" style="display:none"></td></tr></table></div></div></div><div id="id2c96c527c244671b732acc51844286c_67"></div><hr style="page-break-after:always"><div style="min-height:45pt;width:100%"><div style="text-align:justify"><font><br></font></div></div><div><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:700;line-height:120%">Rogers Communications Inc.</font></div><div><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:700;line-height:120%">Interim Condensed Consolidated Statements of Financial Position</font></div><div><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">(In millions of Canadian dollars, unaudited)</font></div><div style="margin-top:5pt;text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:70.972%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.863%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.865%"></td><td style="width:0.1%"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">As at<br>June 30</font></td><td colspan="3" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">As at<br>December 31</font></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">&#160;&#160;</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:700;line-height:100%">2026</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">2025</font></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr style="height:11pt"><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 7.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">Assets</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 7.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">Current assets&#58;</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 19pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">Cash and cash equivalents</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:700;line-height:100%">1,726</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">1,344&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 19pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">Accounts receivable</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:700;line-height:100%">5,728</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">6,105&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 19pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">Inventories</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:700;line-height:100%">553</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">550&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 19pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">Current portion of contract assets</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:700;line-height:100%">153</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">151&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 19pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">Other current assets</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:700;line-height:100%">1,341</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">1,239&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 19pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">Current portion of derivative instruments</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:700;line-height:100%">303</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">99&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:1.5pt 1pt 1.5pt 7.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">Total current assets</font></td><td colspan="2" style="border-top:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:700;line-height:100%">9,804</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">&#160;</font></td><td style="border-top:0.5pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">9,488&#160;</font></td><td style="border-top:0.5pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td></tr><tr style="height:11pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 7.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">Property, plant and equipment</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:700;line-height:100%">26,286</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">26,307&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 7.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">Intangible assets</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:700;line-height:100%">28,771</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">28,898&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 7.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">Investments</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:700;line-height:100%">1,292</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">1,291&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 7.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">Derivative instruments</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:700;line-height:100%">960</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">746&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 7.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">Financing receivables</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:700;line-height:100%">1,065</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">1,198&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 7.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">Other long-term assets</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:700;line-height:100%">2,093</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">2,052&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 7.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">Goodwill</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:700;line-height:100%">20,032</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">20,032&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td></tr><tr style="height:11pt"><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 7.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">Total assets</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:700;line-height:100%">90,303</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">90,012&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td></tr><tr style="height:11pt"><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 7.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">Liabilities and equity</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 7.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">Current liabilities&#58;</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 19pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">Short-term borrowings</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:700;line-height:100%">2,237</font><font style="color:#000000;font-family:'Ted 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style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">4,831&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 19pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">Other current liabilities</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:700;line-height:100%">4,838</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">3,831&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 19pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">Contract liabilities</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:700;line-height:100%">952</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">1,114&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 19pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">Current portion of long-term 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Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">15,652&#160;</font></td><td style="border-top:0.5pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td></tr><tr style="height:11pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 7.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">Provisions</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:700;line-height:100%">56</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">55&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 7.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">Long-term debt</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:700;line-height:100%">35,191</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">35,872&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 7.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">Lease liabilities</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:700;line-height:100%">2,687</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">2,428&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 7.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">Other long-term liabilities</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font 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1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:700;line-height:100%">9,471</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">9,494&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt 1.5pt 7.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">Total liabilities</font></td><td colspan="2" style="border-top:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:700;line-height:100%">67,453</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">&#160;</font></td><td style="border-top:0.5pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-top:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">65,726&#160;</font></td><td style="border-top:0.5pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td></tr><tr style="height:11pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 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style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">6,535&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:1.5pt 1pt 1.5pt 7.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">Equity</font></td><td colspan="2" style="border-top:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:700;line-height:100%">22,850</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">&#160;</font></td><td style="border-top:0.5pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">24,286&#160;</font></td><td style="border-top:0.5pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td></tr><tr style="height:11pt"><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" 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Next',sans-serif;font-size:7.5pt;font-weight:400;line-height:100%">90,012&#160;</font></td><td style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr></table></div><div style="height:45pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="margin-top:5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:32.233%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:32.233%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:32.234%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Rogers Communications Inc.</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><div style="text-align:center"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">20</font></div></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Second Quarter 2026</font></td></tr><tr><td colspan="3" style="display:none"></td></tr></table></div></div></div><div id="id2c96c527c244671b732acc51844286c_70"></div><hr style="page-break-after:always"><div style="min-height:45pt;width:100%"><div style="text-align:justify"><font><br></font></div></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:700;line-height:120%">Rogers Communications Inc.</font></div><div><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:700;line-height:120%">Interim Condensed Consolidated Statements of Cash Flows</font></div><div><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">(In millions of Canadian dollars, unaudited)</font></div><div style="margin-top:5pt;text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:49.800%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.912%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.912%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.851%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.912%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.913%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 30.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;&#160;</font></td><td colspan="6" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Three months ended June 30</font></td><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="6" style="border-left:0.5pt solid #000;border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Six months ended June 30</font></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;&#160;</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:7.5pt;font-weight:700;line-height:100%">2026</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2025</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000;border-top:0.5pt solid #000000;padding:1.5pt 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1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 8.5pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Net (loss) income for the period</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(665)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">148&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" 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Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,184&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2,415</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2,350&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 17.5pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Program rights amortization</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">33</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">31&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">86</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">50&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 17.5pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Finance costs</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">565</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">628&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">1,008</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,207&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 17.5pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Income tax expense</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">148</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">173&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">321</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">273&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 26.5pt;text-align:left;text-indent:-9pt;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Post-employment benefits contributions, net of expense</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">18</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">19&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">34</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">36&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 26.5pt;text-align:left;text-indent:-9pt;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Income from associates and joint ventures</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(14)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(17)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(2)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 17.5pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Gain on disposition of assets</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(30)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(30)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 17.5pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Loss on revaluation of MLSE put liability</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">1,034</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">1,034</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 17.5pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Other</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">16</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(38)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">37</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(35)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000000;padding:1.5pt 1pt 1.5pt 15.25pt;text-align:left;text-indent:-9pt;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Cash provided by operating activities before changes in net operating assets and liabilities, income taxes paid, and interest paid</font></td><td colspan="2" style="border-top:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2,299</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="border-top:0.5pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-top:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2,145&#160;</font></td><td style="border-top:0.5pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000;border-top:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">4,705</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="border-top:0.5pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-top:0.5pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">4,307&#160;</font></td><td style="border-top:0.5pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 15.25pt;text-align:left;text-indent:-9pt;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Change in net operating assets and liabilities</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(160)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(28)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(319)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(111)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 6.25pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Income taxes paid</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(166)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(126)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(366)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(314)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 6.25pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Interest paid, net</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(456)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(395)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(1,008)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(990)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000;border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Cash provided by operating activities</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">1,517</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,596&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">3,012</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2,892&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000;border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Investing activities&#58;</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 17.5pt;text-align:left;text-indent:-9pt;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Capital expenditures</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(695)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(831)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(1,503)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(1,809)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 17.5pt;text-align:left;text-indent:-9pt;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Additions to program rights and other intangible assets</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(43)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(24)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(141)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(48)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 17.5pt;text-align:left;text-indent:-9pt;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Changes in non-cash working capital related to investing activities</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(83)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(68)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(195)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(56)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 17.5pt;text-align:left;text-indent:-9pt;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Acquisitions and other strategic transactions, net of cash acquired</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">&#8212;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(85)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 17.5pt;text-align:left;text-indent:-9pt;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Other</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(6)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">7&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(9)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">8&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000;border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Cash used in investing activities</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(827)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(916)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(1,933)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(1,905)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000;border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Financing activities&#58;</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 17.5pt;text-align:left;text-indent:-9pt;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Net proceeds received from (repayment of) short-term borrowings</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">161</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(483)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(1,791)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(1,336)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 17.5pt;text-align:left;text-indent:-9pt;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Net (repayment) issuance of long-term debt</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">&#8212;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(2,178)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2,169</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">424&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 17.5pt;text-align:left;text-indent:-9pt;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Net proceeds (payments) on settlement of debt derivatives and subsidiary equity derivatives</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">20</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(6)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">26</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">77&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 17.5pt;text-align:left;text-indent:-9pt;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Transaction costs incurred</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(2)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(61)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(29)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(99)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 17.5pt;text-align:left;text-indent:-9pt;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Principal payments of lease liabilities</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(141)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(134)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(297)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(267)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 17.5pt;text-align:left;text-indent:-9pt;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Dividends paid to RCI shareholders</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(270)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(188)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(540)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(373)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 17.5pt;text-align:left;text-indent:-9pt;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Distributions paid by subsidiaries to non-controlling interests</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(117)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(233)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 17.5pt;text-align:left;text-indent:-9pt;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Issuance of subsidiary shares to non-controlling interest</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">&#8212;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">6,656&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">&#8212;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">6,656&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 17.5pt;text-align:left;text-indent:-9pt;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Other</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(1)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(3)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(2)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(4)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000;border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Cash (used in) provided by financing activities</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(350)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">3,603&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(697)</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">5,078&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000;border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 12.28pt;text-align:left;text-indent:-10.62pt;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Change in cash and cash equivalents</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">340</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">4,283&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">382</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">6,065&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 12.28pt;text-align:left;text-indent:-10.62pt;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Cash and cash equivalents, beginning of period</font></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">1,386</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2,680&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-left:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">1,344</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">898&#160;</font></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000;border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-bottom:1pt solid #000;padding:1.5pt 1pt 1.5pt 12.28pt;text-align:left;text-indent:-10.62pt;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Cash and cash equivalents, end of period</font></td><td colspan="2" style="border-bottom:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">1,726</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-bottom:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">6,963&#160;</font></td><td style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="border-bottom:1pt solid #000000;padding:0 1pt"></td><td colspan="2" style="border-bottom:1pt solid #000000;border-left:0.5pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">1,726</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-bottom:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:400;line-height:100%">6,963&#160;</font></td><td style="border-bottom:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr></table></div><div style="text-align:justify"><font><br></font></div><div style="height:45pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="margin-top:5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:32.233%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:32.233%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:32.234%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Rogers Communications Inc.</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><div style="text-align:center"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">21</font></div></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Second Quarter 2026</font></td></tr><tr><td colspan="3" style="display:none"></td></tr></table></div></div></div><div id="id2c96c527c244671b732acc51844286c_76"></div><hr style="page-break-after:always"><div style="min-height:45pt;width:100%"><div style="text-align:justify"><font><br></font></div></div><div><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:12pt;font-weight:700;line-height:120%">About Forward-Looking Information </font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">This earnings release includes &#34;forward-looking information&#34; and &#34;forward-looking statements&#34; within the meaning of applicable securities laws (collectively, &#34;forward-looking information&#34;), and assumptions about, among other things, our business, operations, and financial performance and condition approved by our management on the date of this earnings release. This forward-looking information and these assumptions include, but are not limited to, statements about our objectives and strategies to achieve those objectives, and about our beliefs, plans, expectations, anticipations, estimates, or intentions.</font></div><div style="text-align:justify"><font><br></font></div><div><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:700;line-height:120%">Forward-looking information</font></div><div style="padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:700;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:13.5pt">typically includes words like could, expect, may, anticipate, assume, believe, intend, estimate, plan, project, guidance, outlook, target, and similar expressions&#59;</font></div><div style="padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:13.5pt">includes conclusions, forecasts, and projections that are based on our current objectives and strategies and on estimates, expectations, assumptions, and other factors that we believe to have been reasonable at the time they were applied but may prove to be incorrect&#59; and</font></div><div style="padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:13.5pt">was approved by our management on the date of this earnings release.</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Our forward-looking information in this earnings release includes forecasts and projections related to the following items, among others&#58;</font></div><div style="width:100.000%"><div style="display:inline-block;vertical-align:top;width:46.396%"><div style="padding-left:18pt;text-indent:-18pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:13.5pt">revenue&#59;</font></div><div style="padding-left:18pt;text-indent:-18pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:13.5pt">total service revenue&#59;</font></div><div style="padding-left:18pt;text-indent:-18pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:13.5pt">adjusted EBITDA&#59;</font></div><div style="padding-left:18pt;text-indent:-18pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:13.5pt">capital expenditures&#59;</font></div><div style="padding-left:18pt;text-indent:-18pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:13.5pt">cash income tax payments&#59;</font></div><div style="padding-left:18pt;text-indent:-18pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:13.5pt">free cash flow (including its application to strengthen our balance sheet through accelerated debt repayment)&#59;</font></div><div style="padding-left:18pt;text-indent:-18pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:13.5pt">dividend payments&#59;</font></div><div style="padding-left:18pt;text-indent:-18pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:13.5pt">the growth of new products and services&#59;</font></div><div style="padding-left:18pt;text-indent:-18pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:13.5pt">expected growth in subscribers and the services to which they subscribe&#59;</font></div></div><div style="display:inline-block;max-width:7.207%;min-width:6.207%;vertical-align:top"></div><div style="display:inline-block;vertical-align:top;width:46.397%"><div style="padding-left:18pt;text-indent:-18pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:13.5pt">the cost of acquiring and retaining subscribers and deployment of new services&#59;</font></div><div style="padding-left:18pt;text-indent:-18pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:13.5pt">continued cost reductions and efficiency improvements&#59;</font></div><div style="padding-left:18pt;text-indent:-18pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:13.5pt">our debt leverage ratio and how we intend to manage that ratio&#59;</font></div><div style="padding-left:18pt;text-indent:-18pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:13.5pt">the completion and funding of the MLSE minority interest acquisition, including its timing, and the sale of a minority interest in Rogers Sports to third-party investors, including the timing, size, and proceeds therefrom&#59; and</font></div><div style="padding-left:18pt;text-indent:-18pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:13.5pt">all other statements that are not historical facts. </font></div></div></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Our conclusions, forecasts, and projections in this earnings release are based on a number of estimates, expectations, assumptions, and other factors, including, among others&#58;</font></div><div style="width:100.000%"><div style="display:inline-block;vertical-align:top;width:46.396%"><div style="padding-left:18pt;text-indent:-18pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:13.5pt">general economic and industry conditions, including the effects of inflation&#59;</font></div><div style="padding-left:18pt;text-indent:-18pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:13.5pt">currency exchange rates and interest rates&#59;</font></div><div style="padding-left:18pt;text-indent:-18pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:13.5pt">product pricing levels and competitive intensity&#59;</font></div><div style="padding-left:18pt;text-indent:-18pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:13.5pt">subscriber growth&#59;</font></div><div style="padding-left:18pt;text-indent:-18pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:13.5pt">pricing, usage, and churn rates&#59;</font></div><div style="padding-left:18pt;text-indent:-18pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:13.5pt">changes in government regulation&#59;</font></div></div><div style="display:inline-block;max-width:7.207%;min-width:6.207%;vertical-align:top"></div><div style="display:inline-block;vertical-align:top;width:46.397%"><div style="padding-left:18pt;text-indent:-18pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:13.5pt">technology and network deployment&#59;</font></div><div style="padding-left:18pt;text-indent:-18pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:13.5pt">availability of devices&#59;</font></div><div style="padding-left:18pt;text-indent:-18pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:13.5pt">timing of new product launches&#59;</font></div><div style="padding-left:18pt;text-indent:-18pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:13.5pt">content and equipment costs&#59;</font></div><div style="padding-left:18pt;text-indent:-18pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:13.5pt">the integration of acquisitions&#59; and</font></div><div style="padding-left:18pt;text-indent:-18pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:13.5pt">industry structure and stability.</font></div></div></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Except as otherwise indicated, this earnings release and our forward-looking information do not reflect the potential impact of any non-recurring or other special items or of any dispositions, monetization events, mergers, acquisitions, other business combinations, or other transactions that may be considered or announced or may occur after the date on which the statement containing the forward-looking information is made.</font></div><div style="text-align:justify"><font><br></font></div><div><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:700;line-height:120%">Risks and uncertainties</font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Actual events and results may differ materially from what is expressed or implied by forward-looking information in this earnings release as a result of risks, uncertainties, and other factors, many of which are beyond our control or our current expectations or knowledge, including, but not limited to&#58;</font></div><div style="width:100.000%"><div style="display:inline-block;vertical-align:top;width:46.396%"><div style="padding-left:18pt;text-indent:-18pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:13.5pt">regulatory changes&#59;</font></div><div style="padding-left:18pt;text-indent:-18pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:13.5pt">technological changes&#59;</font></div><div style="padding-left:18pt;text-indent:-18pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:13.5pt">economic, geopolitical, and other conditions affecting commercial activity and the costs of goods and services, including the potential application or modification of tariffs, trade wars, recessions, or reduced immigration levels&#59;</font></div><div style="padding-left:18pt;text-indent:-18pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:13.5pt">unanticipated changes in content or equipment costs&#59;</font></div><div style="padding-left:18pt;text-indent:-18pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:13.5pt">changing conditions in the sports, media, entertainment, information, and communications industries&#59;</font></div></div><div style="display:inline-block;max-width:7.207%;min-width:6.207%;vertical-align:top"></div><div style="display:inline-block;vertical-align:top;width:46.397%"><div style="padding-left:18pt;text-indent:-18pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:13.5pt">performance of our sports teams, including uncertainty as to their participation or success in their respective postseasons&#59;</font></div><div style="padding-left:18pt;text-indent:-18pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:13.5pt">sports-related work stoppages or cancellations and labour disputes&#59;</font></div><div style="padding-left:18pt;text-indent:-18pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:13.5pt">the integration of acquisitions&#59;</font></div><div style="padding-left:18pt;text-indent:-18pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:13.5pt">litigation and tax matters&#59;</font></div><div style="padding-left:18pt;text-indent:-18pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:13.5pt">the level of competitive intensity&#59;</font></div><div style="padding-left:18pt;text-indent:-18pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:13.5pt">the emergence of new opportunities&#59;</font></div><div style="padding-left:18pt;text-indent:-18pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:13.5pt">external threats, such as epidemics, pandemics, and other public health crises, natural disasters, the effects of climate change, or cyberattacks, among others&#59;</font></div></div></div><div style="height:45pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="margin-top:5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:32.233%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:32.233%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:32.234%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Rogers Communications Inc.</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><div style="text-align:center"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">22</font></div></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Second Quarter 2026</font></td></tr><tr><td colspan="3" style="display:none"></td></tr></table></div></div></div><hr style="page-break-after:always"><div style="min-height:45pt;width:100%"><div style="text-align:justify"><font><br></font></div></div><div style="width:100.000%"><div style="display:inline-block;vertical-align:top;width:46.396%"><div style="padding-left:18pt;text-indent:-18pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:13.5pt">the MLSE minority interest acquisition is subject to closing conditions and termination rights and may not be completed on the anticipated terms, in the anticipated timeline, or at all&#59;</font></div><div style="padding-left:18pt;text-indent:-18pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:13.5pt">the anticipated benefits of the MLSE minority interest acquisition may not be realized&#59;</font></div><div style="padding-left:18pt;text-indent:-18pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:13.5pt">we may be unable to proceed with, or complete, the sale of a minority interest in Rogers Sports, within the anticipated timing or at all, due to alternative opportunities or requirements, general economic and market conditions, or other internal or external considerations&#59;</font></div><div style="padding-left:18pt;text-indent:-18pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:13.5pt">if completed, the sale of a minority interest in Rogers Sports may not be at the expected valuation or may not raise the anticipated proceeds&#59;</font></div></div><div style="display:inline-block;max-width:7.207%;min-width:6.207%;vertical-align:top"></div><div style="display:inline-block;vertical-align:top;width:46.397%"><div style="padding-left:18pt;text-indent:-18pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:13.5pt">we may fund all or a portion of the MLSE minority interest acquisition through alternate sources&#59;</font></div><div style="padding-left:18pt;text-indent:-18pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:13.5pt">new interpretations or accounting standards, or changes to existing interpretations and accounting standards, from accounting standards bodies&#59; </font></div><div style="padding-left:18pt;text-indent:-18pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:13.5pt">changes to the methodology, criteria, or conclusions used by rating agencies in assessing or assigning equity treatment or equity credit on our subordinated notes or for the network transaction&#59; and </font></div><div style="padding-left:18pt;text-indent:-18pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:13.5pt">the other risks outlined in &#34;Risks and Uncertainties Affecting our Business&#34; in our 2025 Annual MD&#38;A and &#34;Updates to Risks and Uncertainties&#34; in this earnings release. </font></div></div></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">These risks, uncertainties, and other factors can also affect our objectives, strategies, plans, and intentions. Should one or more of these risks, uncertainties, or other factors materialize, our objectives, strategies, plans, or intentions change, or any other factors or assumptions underlying the forward-looking information prove incorrect, our actual results and our plans could vary materially from what we currently foresee.</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Accordingly, we warn investors to exercise caution when considering statements containing forward-looking information and caution them that it would be unreasonable to rely on such statements as creating legal rights regarding our future results or plans. We are under no obligation (and we expressly disclaim any such obligation) to update or alter any statements containing forward-looking information or the factors or assumptions underlying them, whether as a result of new information, future events, or otherwise, except as required by law. All of the forward-looking information in this earnings release is qualified by the cautionary statements herein.</font></div><div style="text-align:justify"><font><br></font></div><div><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:700;line-height:120%">Before making an investment decision</font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Before making any investment decisions and for a detailed discussion of the risks, uncertainties, and environment associated with our business, its operations, and its financial performance and condition, fully review the sections in our 2025 Annual MD&#38;A entitled &#34;Regulation in our Industry&#34; and &#34;Risk Management&#34;, as well as our various other filings with Canadian and US securities regulators, which can be found at sedarplus.ca and sec.gov, respectively. Information on or connected to sedarplus.ca, sec.gov, our website, or any other website referenced in this document is not part of or incorporated into this earnings release.</font></div><div style="text-align:justify"><font><br></font></div><div id="id2c96c527c244671b732acc51844286c_79"></div><div><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:12pt;font-weight:700;line-height:120%">About Rogers</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Rogers is Canada's communications, sports and entertainment company and its shares are publicly traded on the Toronto Stock Exchange (TSX&#58; RCI.A and RCI.B) and on the New York Stock Exchange (NYSE&#58; RCI).</font></div><div style="text-align:justify"><font><br></font></div><div id="id2c96c527c244671b732acc51844286c_82"></div><div style="width:100.000%"><div style="display:inline-block;vertical-align:top;width:46.396%"><div><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:12pt;font-weight:700;line-height:120%">Investment Community Contact</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Paul Carpino</font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">647.435.6470</font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">paul.carpino&#64;rci.rogers.com</font></div><div style="text-align:justify"><font><br></font></div></div><div style="display:inline-block;max-width:7.207%;min-width:6.207%;vertical-align:top"></div><div style="display:inline-block;vertical-align:top;width:46.397%"><div><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:12pt;font-weight:700;line-height:120%">Media Contact</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Sarah Schmidt</font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">647.643.6397</font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">sarah.schmidt&#64;rci.rogers.com</font></div><div><font><br></font></div><div id="id2c96c527c244671b732acc51844286c_85"></div></div></div><div><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:12pt;font-weight:700;line-height:120%">Quarterly Investment Community Teleconference</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Our second quarter 2026 results teleconference with the investment community will be held on&#58;</font></div><div style="padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:700;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:13.5pt">July&#160;22, 2026</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:700;line-height:120%"> </font></div><div style="padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:700;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:13.5pt">8&#58;00 a.m. Eastern Time</font></div><div style="padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:700;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:13.5pt">webcast available at about.rogers.com&#47;investor-relations</font></div><div style="padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:700;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:13.5pt">media are welcome to participate on a listen-only basis</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">A rebroadcast will be available at about.rogers.com&#47;investor-relations for at least two weeks following the teleconference. Additionally, investors should note that from time to time, Rogers management presents at brokerage-sponsored investor conferences. Most often, but not always, these conferences are webcast by the hosting brokerage firm, and when they are webcast, links are made available on our website at about.rogers.com&#47;investor-relations.</font></div><div style="text-align:justify"><font><br></font></div><div id="id2c96c527c244671b732acc51844286c_88"></div><div><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:12pt;font-weight:700;line-height:120%">For More Information</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">You can find more information relating to us on our website (about.rogers.com&#47;investor-relations), on SEDAR+ (sedarplus.ca), and on EDGAR (sec.gov), or you can e-mail us at investor.relations&#64;rci.rogers.com. Information on or connected to these and any other websites referenced in this earnings release is not part of, or incorporated into, this earnings release.</font></div><div style="height:45pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="margin-top:5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:32.233%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:32.233%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:32.234%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Rogers Communications Inc.</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><div style="text-align:center"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">23</font></div></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Second Quarter 2026</font></td></tr><tr><td colspan="3" style="display:none"></td></tr></table></div></div></div><hr style="page-break-after:always"><div style="min-height:45pt;width:100%"><div style="text-align:justify"><font><br></font></div></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%">You can also go to about.rogers.com&#47;investor-relations for information about our governance practices, corporate social responsibility reporting, a glossary of communications and media industry terms, and additional information about our business.</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:center"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:9pt;font-weight:400;line-height:120%"># # #</font></div><div style="height:45pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="margin-top:5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:32.233%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:32.233%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:32.234%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Rogers Communications Inc.</font></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><div style="text-align:center"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">24</font></div></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Ted Next',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Second Quarter 2026</font></td></tr><tr><td colspan="3" style="display:none"></td></tr></table></div></div></div></body></html>
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end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
