DARREN ENTWISTLE TO RETIRE JUNE 30 AFTER OVER 26 YEARS OF TRANSFORMATIONAL LEADERSHIP; TELUS CORPORATION NAMES VICTOR DODIG NEXT PRESIDENT AND CEO

Executive Summary

• Darren Entwistle will retire as President and CEO of TELUS on June 30, 2026 after a 26‑year tenure.
• Victor Dodig, current independent director and former CEO of CIBC, is appointed President and CEO effective July 1, 2026 (CEO Designate now).
• Entwistle will remain as an advisor through April 30, 2027 and receive the title CEO Emeritus; he will also step down from the Board on June 30, 2026.

Key Details

• Retirement Date: Darren Entwistle retires effective 30 Jun 2026.
• Successor Appointment: Victor Dodig appointed President & CEO effective 1 Jul 2026; serves as CEO Designate immediately and joins leadership team full‑time on 1 May 2026.
• Board Changes: Entwistle will vacate his board seat on 30 Jun 2026; Dodig continues as a director (independent) since May 2022.
• Advisory Role: Entwistle to act as advisor to Dodig until 30 Apr 2027.
• Title Granted: Upon retirement, Entwistle will be titled CEO Emeritus in recognition of his service.
• Background of Victor Dodig: Former President & CEO of Canadian Imperial Bank of Commerce (2014‑2025); former Chair of Business Council of Canada; Trustee of Brookings Institution; recognized for leadership in social capitalism and inclusive workplaces.

Notable Quotes

• John Manley, Chair of the TELUS Board: “Darren’s transformational leadership built TELUS into a global communications technology company… Victor embodies TELUS’ core values and will continue to drive value creation.”
• Victor Dodig: “I am deeply honored by the opportunity to lead TELUS on this journey… I look forward to building on Darren’s legacy and advancing our next chapter.”