Annual Information Form

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Annual Information Form ANNUAL INFORMATION FORM FINANCIAL YEAR ENDED DECEMBER 31, 2017 MARCH 29, 2018 TABLE OF CONTENTS Page ITEM 1 — THE CORPORATION ................................................................................................................. 2 1.1 THE SUBSIDIARIES ............................................................................................................. 3 ITEM 2 — THE BUSINESS ......................................................................................................................... 4 2.1 TELECOMMUNICATIONS .................................................................................................... 4 2.1.1 Business Overview .................................................................................................... 4 2.1.2 Products and Services ............................................................................................... 5 2.1.3 Customer Statistics Summary ................................................................................... 9 2.1.4 Pricing of Products and Services ............................................................................... 9 2.1.5 Network Technology ................................................................................................ 10 2.1.6 Marketing and Customer Care ................................................................................. 12 2.1.7 Programming ........................................................................................................... 13 2.1.8 Competition .............................................................................................................. 14 2.1.9 Retail Sector ............................................................................................................ 16 2.2 MEDIA ................................................................................................................................. 16 2.2.1 Broadcasting ............................................................................................................ 16 2.2.2 Film Production and Audiovisual Services ............................................................... 16 2.2.3 Magazine Publishing ................................................................................................ 17 2.2.4 Newspaper Publishing ............................................................................................. 17 2.2.5 Other Operations ..................................................................................................... 19 2.3 SPORTS AND ENTERTAINMENT ...................................................................................... 20 2.3.1 Videotron Centre ...................................................................................................... 20 2.3.2 QMJHL Hockey Teams ............................................................................................ 21 2.3.3 Event Production and Management and live-event production ............................... 21 2.3.4 Book Distribution and Publishing ............................................................................. 21 2.3.5 Music Distribution ..................................................................................................... 21 2.3.6 Competition .............................................................................................................. 22 2.4 INTELLECTUAL PROPERTY ............................................................................................. 22 2.5 INSURANCE ........................................................................................................................ 23 2.6 EMPLOYEES ....................................................................................................................... 23 2.7 ENVIRONMENT .................................................................................................................. 25 ITEM 3 — HIGHLIGHTS ............................................................................................................................ 25 3.1 HIGHLIGHTS FOR 2017 ..................................................................................................... 26 3.1.1 Quebecor ................................................................................................................. 26 3.1.2 Quebecor Media ...................................................................................................... 26 3.1.3 Telecommunications ................................................................................................ 26 3.1.4 Media ....................................................................................................................... 27 3.1.5 Sports and entertainment ......................................................................................... 28 3.2 HIGHLIGHTS FOR 2016 ..................................................................................................... 28 3.2.1 Quebecor ................................................................................................................. 28 3.2.2 Quebecor Media ...................................................................................................... 28 3.2.3 Telecommunications ................................................................................................ 28 3.2.4 Media ....................................................................................................................... 29 3.2.5 Sports and entertainment ......................................................................................... 29 3.3 HIGHLIGHTS FOR 2015 ..................................................................................................... 29 3.3.1 Quebecor ................................................................................................................. 29 3.3.2 Quebecor Media ...................................................................................................... 30 3.3.3 Telecommunications ................................................................................................ 30 3.3.4 Media ....................................................................................................................... 31 3.3.5 Sports and Entertainment ........................................................................................ 31 ii ITEM 4 — DIRECTORS AND OFFICERS ................................................................................................. 32 4.1 DIRECTORS ........................................................................................................................ 32 4.2 EXECUTIVE OFFICERS ..................................................................................................... 34 4.3 CEASE TRADE ORDERS, BANKRUPTCIES, PENALITIES OR SANCTIONS ................. 35 ITEM 5 — AUDIT COMMITTEE ................................................................................................................ 36 5.1 MANDATE OF THE AUDIT COMMITTEE .......................................................................... 36 5.2 COMPOSITION OF THE AUDIT COMMITTEE .................................................................. 36 5.3 RELEVANT EDUCATION AND EXPERIENCE .................................................................. 36 5.4 RELIANCE ON CERTAIN EXEMPTIONS ........................................................................... 37 5.5 PRE-APPROVAL POLICY .................................................................................................. 37 5.6 EXTERNAL AUDITOR SERVICE FEES ............................................................................. 38 ITEM 6 — LEGAL PROCEEDINGS .......................................................................................................... 38 ITEM 7 — RISK FACTORS ....................................................................................................................... 39 ITEM 8 — DESCRIPTION OF CAPITAL STRUCTURE ........................................................................... 39 8.1 CAPITAL STRUCTURE ...................................................................................................... 39 8.2 AUTHORIZED SHARE CAPITAL ........................................................................................ 40 8.3 ISSUED AND OUTSTANDING SHARE CAPITAL .............................................................. 40 8.4 DIVIDENDS ......................................................................................................................... 40 8.5 MARKET FOR SECURITIES .............................................................................................. 41 ITEM 9 — INTEREST OF MANAGEMENT AND OTHERS IN MATERIAL TRANSACTIONS ................ 42 ITEM 10 — MATERIAL CONTRACTS ...................................................................................................... 42 10.1 SHAREHOLDERS’ AGREEMENT ...................................................................................... 42 10.2 OTHER MATERIAL CONTRACTS ...................................................................................... 43 10.2.1 Material Contracts of Quebecor ............................................................................... 44 10.2.2 Material Contracts of Quebecor Media .................................................................... 45 10.2.3 Material Contracts of Videotron ............................................................................... 47 ITEM 11 — INTERESTS OF EXPERTS ...................................................................................................
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