Exhibit 99.1
Rogers Communications Inc. Announces Amendments to its Dividend Reinvestment Plan to Permit Discount for
Shares Issued under the Plan; 2% Discount for Shares to be Issued in Connection with Reinvestment of Previously Declared Dividend Payable on October 3, 2023
TORONTO, August 11, 2023—Rogers Communications Inc. (“Rogers”) today announced that it has amended its Dividend Reinvestment Plan (the
“Plan”) to permit, at the Board of Directors’ discretion, a small discount when shares are issued from treasury under the Plan. Under the Plan, shareholders may elect to have dividends on their shares reinvested in additional
Class B Non-Voting Shares (“Class B Shares”) of Rogers.
In connection with the previously
declared dividend payable on October 3, 2023 to shareholders of record on September 8, 2023, Class B Shares will be issued by Rogers under the Plan from treasury at a 2% discount from the Average Market Price (as defined in the Plan).
Previously, Class B Shares received by participants under the Plan were purchased in the Canadian open market with no discount from the Average Market Price.
Existing participants in the Plan will automatically have the discount applied to the reinvestment of their dividends on the October 3, 2023 dividend
payment date. Registered shareholders resident in Canada or the United States wishing to join the Plan can obtain an enrolment form from Rogers’ agent, TSX Trust Company (Tel: 1-800-387-0825 (Canada and the United States); 416-682-3860 from outside North America; or
e-mail at shareholderinquiries@tmx.com). Eligible beneficial or non-registered shareholders must contact their financial institution or broker to find out details on how
they can participate.
In order to participate in time for the October 3, 2023 dividend payment date, enrolment forms from registered shareholders
must be received by TSX Trust Company before the close of business on August 31, 2023. Eligible beneficial or non-registered shareholders should contact their financial institution or broker well in
advance of the above date for instructions on how to enroll in the Plan.
A copy of the Plan describing the terms and conditions applicable to the Plan is
available at https://investors.rogers.com/shareholder-information/dividend-information or from the agent at https://services.tsxtrust.com/InvestorServices/Search-DRIP?lang=en or by e-mail at
shareholderinquiries@tmx.com. In addition, a copy of the Plan will be available under our profile at www.sedarplus.ca, and will also be available at www.sec.gov.
This press release does not constitute an offer to sell or a solicitation of an offer to buy nor shall there be any sale of any of securities in any
jurisdiction in which such offer, solicitation or sale would be unlawful. Distributions to U.S. participants under the Plan are being made solely through Rogers’ registration statement on Form F-3D (File No. 333-170234) filed with the Securities and Exchange Commission on October 29, 2010.
About Rogers
Communications Inc.
Rogers is Canada’s leading wireless, cable and media company that provides connectivity and entertainment to Canadian
consumers and businesses across the country. Rogers shares are publicly traded on the Toronto Stock Exchange (TSX: RCI.A and RCI.B) and on the New York Stock Exchange (NYSE: RCI).
