Exhibit 99.1
For Immediate Release
BCE
reports results of Series AG and AH Preferred Share conversions
MONTRÉAL, April 21, 2026 – BCE Inc. (TSX, NYSE: BCE) today announced that 121,070
of its 8,032,285 fixed-rate Cumulative Redeemable First Preferred Shares, Series AG (“Series AG Preferred Shares”) have been tendered for conversion on May 1, 2026, on a one-for-one basis, into floating-rate Cumulative Redeemable First
Preferred Shares, Series AH (“Series AH Preferred Shares”). In addition, 1,464,469 of its 4,175,513 Series AH Preferred Shares have been tendered for conversion on May 1, 2026, on a one-for-one basis, into Series AG Preferred Shares.
Consequently, on May 1, 2026, BCE will have 9,375,684 Series AG Preferred Shares and 2,832,114 Series AH Preferred Shares issued and outstanding. The Series AG Preferred Shares and the Series AH Preferred Shares will continue to be listed on
the Toronto Stock Exchange under the symbols BCE.PR.G and BCE.PR.H, respectively.
The Series AG Preferred Shares will pay on a quarterly basis, for the five-year
period beginning on May 1, 2026, as and when declared by the Board of Directors of BCE, a fixed cash dividend based on an annual fixed dividend rate of 5.30%.
The
Series AH Preferred Shares will continue to pay a monthly floating adjustable cash dividend for the five-year period beginning on May 1, 2026, as and when declared by the Board of Directors of BCE. The monthly floating adjustable dividend for any
particular month will continue to be calculated based on the prime rate for such month and using the Designated Percentage for such month representing the sum of an adjustment factor (based on the market price of the Series AH Preferred Shares in
the preceding month) and the Designated Percentage for the preceding month.
About BCE
BCE is Canada’s largest communications company1, leading the way in advanced fibre and wireless networks,
enterprise services and digital media. By delivering next-generation technology that leverages cloud-based and AI-driven solutions, we’re keeping customers connected, informed and entertained while
enabling businesses to compete on the world stage. To learn more, please visit Bell.ca or BCE.ca.
1 Based on total revenue and total combined customer connections.
Media inquiries:
Ellen Murphy
media@bell.ca
Investor inquiries:
Krishna Somers
krishna.somers@bell.ca