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Annual Information Form ANNUAL INFORMATION FORM FINANCIAL YEAR ENDED DECEMBER 31, 2016 MARCH 30 2017 TABLE OF CONTENTS Page ITEM 1 — THE CORPORATION .................................................................................................................. 1 1.1 THE SUBSIDIARIES ............................................................................................................. 2 ITEM 2 — THE BUSINESS .......................................................................................................................... 3 2.1 TELECOMMUNICATIONS .................................................................................................... 3 2.1.1 Business Overview .................................................................................................... 3 2.1.2 Products and Services ............................................................................................... 4 2.1.3 Customer Statistics Summary ................................................................................... 8 2.1.4 Pricing of Products and Services ............................................................................... 8 2.1.5 Network Technology .................................................................................................. 9 2.1.6 Marketing and Customer Care ................................................................................. 11 2.1.7 Programming ........................................................................................................... 12 2.1.8 Competition .............................................................................................................. 13 2.1.9 Retail Sector ............................................................................................................ 15 2.2 MEDIA ................................................................................................................................. 15 2.2.1 Broadcasting ............................................................................................................ 15 2.2.2 Magazine Publishing ................................................................................................ 15 2.2.3 Film Production and Audiovisual Services ............................................................... 16 2.2.4 Book Distribution and Publishing ............................................................................. 16 2.2.5 Newspaper Publishing ............................................................................................. 16 2.2.6 Other Operations ..................................................................................................... 18 2.3 SPORTS AND ENTERTAINMENT ...................................................................................... 20 2.3.1 Videotron Centre ...................................................................................................... 20 2.3.2 QMJHL Hockey Teams ............................................................................................ 20 2.3.3 Event Production and Management and live-event production ............................... 21 2.3.4 National Hockey League (“NHL”) Expansion Application ........................................ 21 2.3.5 Competition .............................................................................................................. 21 2.4 INTELLECTUAL PROPERTY ............................................................................................. 21 2.5 INSURANCE ........................................................................................................................ 22 2.6 EMPLOYEES ....................................................................................................................... 22 2.7 ENVIRONMENT .................................................................................................................. 23 ITEM 3 — HIGHLIGHTS ............................................................................................................................. 24 3.1 RECENT DEVELOPMENTS ............................................................................................... 24 3.2 HIGHLIGHTS FOR 2016 ..................................................................................................... 24 3.2.1 Quebecor ................................................................................................................. 24 3.2.2 Quebecor Media ...................................................................................................... 25 3.2.3 Telecommunications ................................................................................................ 25 3.2.4 Media ....................................................................................................................... 25 3.2.5 Sports and entertainment ......................................................................................... 26 3.3 HIGHLIGHTS FOR 2015 ..................................................................................................... 26 3.3.1 Quebecor ................................................................................................................. 26 3.3.2 Quebecor Media ...................................................................................................... 26 3.3.3 Telecommunications ................................................................................................ 27 3.3.4 Media ....................................................................................................................... 28 3.3.5 Sports and Entertainment ........................................................................................ 28 3.4 HIGHLIGHTS FOR 2014 ..................................................................................................... 28 3.4.1 Quebecor ................................................................................................................. 28 3.4.2 Quebecor Media ...................................................................................................... 29 3.4.3 Telecommunications ................................................................................................ 29 3.4.4 Media ....................................................................................................................... 29 ii 3.4.5 Sports and Entertainment ........................................................................................ 30 ITEM 4 — DIRECTORS AND OFFICERS .................................................................................................. 30 4.1 DIRECTORS ........................................................................................................................ 30 4.2 EXECUTIVE OFFICERS ..................................................................................................... 32 4.3 CEASE TRADE ORDERS, BANKRUPTCIES, PENALITIES OR SANCTIONS ................. 33 ITEM 5 — AUDIT COMMITTEE ................................................................................................................. 34 5.1 MANDATE OF THE AUDIT COMMITTEE .......................................................................... 34 5.2 COMPOSITION OF THE AUDIT COMMITTEE .................................................................. 34 5.3 RELEVANT EDUCATION AND EXPERIENCE .................................................................. 34 5.4 RELIANCE ON CERTAIN EXEMPTIONS ........................................................................... 35 5.5 PRE-APPROVAL POLICY .................................................................................................. 35 5.6 EXTERNAL AUDITOR SERVICE FEES ............................................................................. 36 ITEM 6 — LEGAL PROCEEDINGS ........................................................................................................... 36 ITEM 7 — RISK FACTORS ........................................................................................................................ 37 ITEM 8 — DESCRIPTION OF CAPITAL STRUCTURE ............................................................................ 37 8.1 CAPITAL STRUCTURE ...................................................................................................... 37 8.2 AUTHORIZED SHARE CAPITAL ........................................................................................ 38 8.3 ISSUED AND OUTSTANDING SHARE CAPITAL .............................................................. 38 8.4 DIVIDENDS ......................................................................................................................... 38 8.5 MARKET FOR SECURITIES .............................................................................................. 39 ITEM 9 — INTEREST OF MANAGEMENT AND OTHERS IN MATERIAL TRANSACTIONS ................. 40 ITEM 10 — MATERIAL CONTRACTS ....................................................................................................... 40 10.1 SHAREHOLDERS’ AGREEMENT ...................................................................................... 40 10.2 OTHER MATERIAL CONTRACTS ...................................................................................... 41 10.2.1 Material Contracts of Quebecor ............................................................................... 42 10.2.2 Material Contracts of Quebecor Media .................................................................... 43 10.2.3 Material Contracts of Videotron ..............................................................................
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