BCE Inc. Reports Preferred Share Conversions

BCE Inc. announced that all of its floating-rate Cumulative Redeemable First Preferred Shares, Series AN will be converted on March 31, 2026, into fixed-rate Cumulative Redeemable First Preferred Shares, Series AM. A total of 2,276 Series AM Preferred Shares were tendered for conversion into Series AN Preferred Shares, and 348,545 Series AN Preferred Shares were tendered for conversion into Series AM Preferred Shares. All remaining Series AN Preferred Shares will be automatically converted into Series AM Preferred Shares. The Series AM Preferred Shares will pay a fixed quarterly cash dividend at an annual rate of 4.837% for the five-year period starting March 31, 2026, and will remain listed on the Toronto Stock Exchange under the symbol BCE.PR.M.