Rogers Communications Investor Presentation — April 2018

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2018 Q1 ResultsThe following materials areforpresentation purposes only .They accompany thediscussions held duringRogers’ investor conference callonApril 19,2018 .These materials

should beread inconjunction with thedisclosure documents referenced below .

Certain statements made inthis presentation, including, but not limited to,statements relating toexpected future events, financial and operating results, guidance,

objectives, plans, strategic priorities and other statements that arenot historical facts, areforward -looking .Bytheir nature, forward -looking statements requireRogers’

management tomake assumptions and predictions and aresubject toinherent risks and uncertainties, thus there isriskthat theforward -looking statements willnotprove

tobeaccurate .Readers arecautioned nottoplace undue reliance onforward -looking statements asanumber offactors could cause actual future results and events to

differ materially from that expressed intheforward -looking statements .Accordingly, ourcomments aresubject tothedisclaimer and qualified bytheassumptions and risk

factors referred toinRogers’ 2017 Annual Report, andRogers’ First Quarter 2018 MD&A (which was issued onApril 19,2018 ),asfiled with securities regulators at

sedar .com and sec.gov, and also available atinvestors .rogers .com .The forward -looking statements made inthis presentation and discussion describe ourexpectations as

oftoday and, accordingly, aresubject tochange going forward .Except asrequired bylaw, Rogers disclaims anyintention orobligation toupdate orrevise forward -looking

This presentation includes non-GAAP measures, including adjusted EBITDA, adjusted EBITDA margin (calculated asa%ofservice revenue forWireless under theprior

accounting basis), adjusted netincome, adjusted basic EPS, adjusted netdebt, debt leverage ratio (adjusted netdebt /12-months trailing adjusted EBITDA), and free cash

flow .Toassist users inunderstanding theeffects ofadopting IFRS 15,Revenue from contracts with customers ,wehave provided certain supplementary information ona

basis consistent with ourformer revenue recognition accounting policies prior toadopting IFRS 15(“Prior Accounting Basis” amounts) .Descriptions ofthese measures and

why they areused can befound inthedisclosure documents referenced above .2017 free cash flow forpurposes of2018 guidance hasbeen adjusted toreflect theuseof

adjusted EBITDA onand after January 1,2018 .

This presentation discusses certain keyperformance indicators used byRogers, including total service revenue (total revenue excluding equipment revenue inWireless and

Cable), subscriber counts, subscriber churn, blended ARPU, blended ABPU and total service units (TSUs) .Descriptions ofthese indicators can befound inthedisclosure