Mr. Tony Geheran reports

TELUS AND JOLT INVEST IN A HEALTHIER FUTURE, INSTALLING EV CHARGING STATIONS ACROSS CANADA

Telus Corp. has formed a strategic partnership with Australian electric vehicle (EV) charging company, Jolt, to install up to 5,000 public DC (direct current) fast chargers across Canada, running on the award-winning Telus network. With millions of electric vehicles forecast to be on Canadian roads in years to come, there is a need for more than 200,000 public chargers to be installed by 2030. This partnership accelerates the development of critical infrastructure to meet this demand, helping to drive the adoption of electric vehicles and support the reduction of greenhouse gas emissions.

"Our partnership with Jolt is just the latest demonstration of Telus partnering with innovators who share our values, and investing in a healthier, more sustainable future," said Tony Geheran, chief operations officer, Telus. "We are already 90 per cent of the way to achieving our goal of using 100 per cent renewable energy by 2025 due to our investments in power purchase agreements, and this collaboration is another significant step forward benefiting Canadians and our environment."

Later this year, Jolt and Telus will begin installing their comprehensive network of EV charging stations across Canada which will include Telus's public Wi-Fi capability. Across the Jolt EV charging network, all electric vehicle drivers will be able to use their Jolt app to access seven kilowatt-hours of free charging per day, which equates to 40 to 50 kilometres of range and 15 to 20 minutes of charge time, depending on the vehicle.

Powered by 100 per cent renewable energy, Jolt has been working to facilitate the growth of EV usage globally. Coupled with Telus's dedication to being a world leader in environmental sustainability and using technology for a greener future, this partnership will create more accessible, affordable EV charging in cities across Canada.

"We are excited to bring our free, fast, clean charging network to Canada to help Canadian drivers transition to EVs faster. Drivers can save approximately $1,000 annually by charging with Jolt. Availability of reliable, fast charging is a critical component of Canada's transition to zero-emission transport. We're thrilled to partner with Telus who share our values with a focus on innovation to deliver best-in-class customer experiences," said Doug McNamee, chief executive officer, Jolt.

Jolt is Australia's largest free, fast EV charging network and already has a broad range of partnerships throughout Australia, having partnered with Transport for NSW, Endeavour Energy, Ausgrid and a variety of local government councils across the country. Jolt launched in New Zealand last year and is working to build charging infrastructure in partnership with governments, cities, utilities, transit authorities and private landowners.

For Telus, the partnership is another demonstration of its long-standing commitment to leverage its technology, products and services to build a better, more sustainable future. As the only telecommunications company in Wall Street Journal's top 100 most sustainably managed companies in the world, the partnership builds on its bold environmental, social and governance strategy, recently shared in the 2022 sustainability report, which will enable Telus to become a zero-waste, carbon-neutral company by 2030 and rely on 100 per cent of electricity from renewable sources by 2025.

About Telus Corp.

Telus is a dynamic, world-leading communications technology company with more than $18-billion in annual revenue and 18 million customer connections spanning wireless, data, Internet protocol, voice, television, entertainment, video and security. Its social purpose is to leverage its global-leading technology and compassion to drive social change and enable remarkable human outcomes. Telus's long-standing commitment to putting its customers first fuels every aspect of its business, making the company a distinct leader in customer service excellence and loyalty. The numerous, sustained accolades Telus has earned over the years from independent, industry-leading network insight firms showcase the strength and speed of Telus's global-leading networks, reinforcing its commitment to provide Canadians with access to superior technology that connects the company to the people, resources and information that make lives better.