BCE INC

Ticker: BCE CUSIP: 05534B760 Class: COM NEW

NICOLA WEALTH MANAGEMENT LTD.'s Holding History (CIK: 0001734493)

Note: Option positions (PUT/CALL) are excluded.

Q4 2025

Shares 729,000 Value ($000) $17,392 Avg Close $23.04 Range $21.89 - $24.26

Q3 2025

Shares 632,400 Value ($000) $14,778 Avg Close $23.52 Range $21.56 - $25.34

Q2 2025

Shares 632,400 Value ($000) $14,022 Avg Close $21.05 Range $19.48 - $22.21

Q1 2025

Shares 497,200 Value ($000) $11,416 Avg Close $22.06 Range $20.38 - $23.65

Q4 2024

Shares 387,800 Value ($000) $12,921 Avg Close $26.15 Range $20.67 - $31.68

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	729,000	$17,392	$23.04	$21.89 - $24.26
Q3 2025	632,400	$14,778	$23.52	$21.56 - $25.34
Q2 2025	632,400	$14,022	$21.05	$19.48 - $22.21
Q1 2025	497,200	$11,416	$22.06	$20.38 - $23.65
Q4 2024	387,800	$12,921	$26.15	$20.67 - $31.68