CALGARY, Alberta, Dec. 30, 2022 (GLOBE NEWSWIRE) — Shaw Communications Inc. (“Shaw”) announced today that its Board of Directors has declared monthly dividends of $0.09875 per Class B non-voting participating share and $0.098542 per Class A Participating Share payable on January 30, 2023 to registered holders at the close of business on January 13, 2023.

The above dividends are referred to as “eligible” dividends for the purposes of the Income Tax Act (Canada) and all similar provincial laws.

Shareholders are not entitled to receive any particular dividend unless they are holders of record as of the relevant record date. There is no entitlement to a dividend before this point in time.

If the Effective Date of the Agreement (each as defined in the Agreement dated March 13, 2021 between Shaw and Rogers Communications Inc.) is prior to the Record Date set forth above, no further dividends will be paid on the Non-Voting Participating Shares and the Participating Shares of the Class A

About Shaw Communications Inc.

Shaw Communications Inc. is a leading Canadian connectivity company. The Wireline division consists of consumer and business services. Consumer serves residential customers with broadband Internet, video and digital telephone. Business provides Internet, data, WiFi, digital phone and video services to business customers. The Wireless division offers wireless voice and LTE data services.

Shaw is traded on the Toronto and New York Stock Exchanges and is a component of the S&P/TSX 60 Index TSX NYSE-SJR and TSXV-SJR.A). For more information, please visit www.shaw.ca.

For more information please contact:
Shaw Investor Relations investor.relations@sjrb.ca