The Toronto Stock Exchange reports that the non-cumulative first preferred shares, Series BH (non-viability contingent capital (NVCC)) (symbol RY.PR.N), and the non-cumulative first preferred shares, Series BI (NVCC) (symbol RY.PR.O), of Royal Bank of Canada will be delisted at the close on Dec. 5, 2025. According to the TSX, Royal Bank will redeem the shares on Dec. 8, 2025, for $25 per Series BH share and $25 per Series BI share.

Separately from the redemption price, the final dividend of 4.6986301 cents per Series BH share and 4.6986301 cents per Series BI share, covering the period from Nov. 24, 2025 (the date of the last dividend payment), to, but excluding, the redemption date, will be paid in the usual manner on Dec. 8, 2025, to holders of record on Nov. 10, 2025.

As the Series BH shares and the Series BI shares are held through the book entry system of CDS and no individual certificates are issued, holders need not take any action with respect to the redemption.

For more information, see Royal Bank's news release dated Oct. 24, 2025, and the revised notice of redemption dated Oct. 23, 2025.