TELESAT CORP

Ticker: TSAT CUSIP: 879512309 Class: CL A & CL B SHS

PCJ Investment Counsel Ltd.'s Holding History (CIK: 0001426318)

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

Q4 2025

Shares 117,498 Value ($000) $3,387 Avg Close $29.07 Range $23.01 - $36.85

Q3 2025

Shares 112,180 Value ($000) $2,928 Avg Close $23.81 Range $19.59 - $29.91

Q2 2025

Shares 113,850 Value ($000) $2,768 Avg Close $17.55 Range $14.77 - $26.07

Q1 2025

Shares 112,800 Value ($000) $2,103 Avg Close $19.09 Range $14.31 - $25.38

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	117,498	$3,387	$29.07	$23.01 - $36.85
Q3 2025	112,180	$2,928	$23.81	$19.59 - $29.91
Q2 2025	113,850	$2,768	$17.55	$14.77 - $26.07
Q1 2025	112,800	$2,103	$19.09	$14.31 - $25.38