Ms. Zoe Zanettos reports

THOMSON REUTERS FILES DOCUMENTS FOR PROPOSED RETURN OF CAPITAL AND SHARE CONSOLIDATION TRANSACTIONS

Thomson Reuters Corp. has filed its management proxy circular and related documents in connection with the coming special meeting, at which shareholders will be asked to approve the proposed return of capital and share consolidation transactions, among other items. The management proxy circular and related documents are available on-line and for pickup, as set out below.

The transactions consist of a special cash distribution of $605-million (U.S.) in the aggregate, or approximately $1.36 (U.S.) per common share (estimated based on the number of common shares issued and outstanding as of the record date and assuming no shareholders opt out of the return of capital) followed by a consolidation of outstanding common shares (or reverse stock split) on a basis that is proportional to the special cash distribution. The share consolidation ratio will be based on the volume-weighed average trading price of the common shares on Nasdaq Stock Market for the five trading days immediately prior to the return of capital becoming effective.

The proposed return of capital is intended to distribute cash on a basis that is generally expected to be tax-free for Canadian tax purposes. Shareholders who are taxable in a jurisdiction outside of Canada (including taxable U.S. resident shareholders and others) will be able to opt out of the return of capital. This right to opt out is being provided to those shareholders because, in jurisdictions other than Canada, the tax consequences of not participating in the return of capital may be preferable to those associated with participating in the return of capital. If an eligible opt-out shareholder chooses to opt out, it will not receive the cash distribution and will continue to hold the same number of shares that it currently holds.

Details of the transaction (including information regarding the optout right) are described in the management proxy circular and related materials, which are available on Thomson Reuters website in the investor relations section. The documents were filed with the Canadian securities regulatory authorities on SEDAR+ and are available at SEDAR+. The documents will also be furnished to the U.S. Securities and Exchange Commission through EDGAR and, when filed, will be available at the SEC website. The documents will also be available for pickup, free of charge, at Computershare Investor Services Inc.'s offices in Toronto, Montreal, Vancouver and Calgary. Please contact Computershare Investor Services using the phone numbers set out below for the addresses of those offices.

The special meeting of shareholders will be held on Tuesday, April 28, 2026, at 9 a.m. EDT (changed from the original planned time of 12 p.m.). The meeting will be a webcast on the Thomson Reuters website in the investor relations section. Holders of Thomson Reuters common shares as of 5 p.m. EDT on March 6, 2026, are entitled to vote at the meeting.

Registered shareholders who have questions or need assistance voting their shares may contact Computershare Investor Services at 1-800-564-6253 (toll-free in Canada and the United States) or at 1-514-982-7555 (outside of Canada and the United States). Non-registered shareholders who hold their shares indirectly through an intermediary (such as an investment dealer, stock broker, bank, trust company or other nominee) should contact their intermediary if they have questions or need assistance. Shareholders who have questions or need assistance may also contact D.F. King & Co. Inc., which is acting as information agent for the transaction, at 1-800-967-5068 (toll-free in Canada and the U.S.) or at 1-212-561-5870 (outside of Canada and the U.S., banks, brokers and collect calls) or at the following e-mail address: tri@dfking.com.

About Thomson Reuters Corp.

Thomson Reuters informs the way forward by bringing together the trusted content and technology that people and organizations need to make the right decisions. The company serves professionals across legal, tax, audit, accounting, compliance, government and media. Its products combine highly specialized software and insights to empower professionals with the data, intelligence and solutions needed to make informed decisions and to help institutions in their pursuit of justice, truth and transparency. Reuters, part of Thomson Reuters, is the world's leading provider of trusted journalism and news.

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