Mr. Mirko Bibic reports

BCE'S GLEN LEBLANC TO RETIRE AS CFO; CURTIS MILLEN NAMED TO THE POSITION EFFECTIVE SEPTEMBER 1, 2023

Glen LeBlanc, executive vice-president and chief financial officer of BCE Inc. and Bell Canada will retire as CFO effective Sept. 1, 2023. Curtis Millen, currently senior vice-president, corporate strategy and treasurer, will be promoted to CFO.

Mr. LeBlanc will maintain his position as vice-chair, Atlantic, chair of Northwestel, and as board member and chair of the audit committee for Maple Leafs Sports & Entertainment. He will also provide leadership and direction to ensure a smooth transition on BCE's financial operations until the end of December, 2023.

"Glen has been instrumental in Bell's continued success over the past three decades, and in particular his past 18 years as CFO, first at Bell Aliant, and later at BCE. With his strategic focus, leadership and strong financial and business acumen, he has steadfastly led BCE and Bell through numerous strategic initiatives. With his leadership, Bell has attained a solid financial position, with a robust balance sheet, solid cash flow and pension solvency, all of which has helped us accelerate Bell's capital expenditures to expand our best network leadership and competitiveness. Notably, over the past few years, his financial discipline and guidance helped us to weather the impacts of the COVID-19 pandemic, enabling us to emerge on solid ground and move our corporate strategy forward. I am honoured to count Glen as a friend and look forward to continue working with him," said Mirko Bibic, president and chief executive officer, BCE and Bell Canada.

"I am extremely proud of what I have accomplished to date at Bell and Bell Aliant, and look forward to continuing to serve in my chair and vice-chair roles, and continuing to focus on championing the impacts of Bell's investments across Atlantic Canada to our customers and our communities. I want to take a moment to congratulate Curtis on his new role -- I am confident he is the best person for the job," said Glen LeBlanc, executive vice-president, chief financial officer and vice-chair, Atlantic Canada.

Curtis Millen named chief financial officer

Mr. Millen, currently SVP corporate strategy and treasurer, will become chief financial officer effective Sept. 1, 2023.

"I'm pleased that Curtis will become our chief financial officer as of Sept. 1, 2023. During his 15 years at Bell, Curtis has guided many acquisitions and investments, our spectrum auction strategy, and a broad range of other strategic corporate initiatives. He has extensive experience in corporate strategy, [mergers and acquisitions], finance and is a respected leader in the organization. I look forward to working even more closely with Curtis as we position Bell for future success," said Mr. Bibic, president and CEO, BCE and Bell Canada.

Mr. Millen joined Bell in 2008 as director, corporate strategy and M&A, and held successively senior positions, most recently as SVP, corporate strategy and treasurer, head of Bell Ventures and president of Bimcor, a wholly owned subsidiary of Bell that is one of the largest private sector pension fund management companies in Canada. Mr. Millen will continue to be based at Bell's headquarters in Montreal.

About BCE Inc.

BCE is Canada's largest communications company (1), providing advanced Bell broadband wireless, Internet, TV, media and business communications services.

Through Bell for Better, the company is investing to create a better today and a better tomorrow by supporting the social and economic prosperity of its communities. This includes the Bell Let's Talk initiative, which promotes Canadian mental health with national awareness and anti-stigma campaigns like Bell Let's Talk Day and significant Bell funding of community care and access, research and workplace initiatives throughout the country.

(1) Based on total revenue and total combined customer connections.