Nortel Networks Corporation – 26

February 25, 2013

Tax slips were mailed out by the Monitor, Ernst & Young, today to those who received payments from Nortel in 2012 in respect of various sources of income in 2012. If you received a payment from the Termination Fund, the Health and Welfare Trust or the Hardship Fund in 2012 and have not received your tax slips please contact the Monitor at 1-866-942-7177.

For those who are receiving pensions, please note that Northern Trust, the custodian of the registered pension plans in January 2012 and February 2012, sent tax slips a couple of weeks ago and there were a number of incorrect addresses. The custodian of the pension plan from March 2012 to December 2012, CIBC Mellon, will also be sending their tax slips shortly. If you have not received your tax slip for your payments or it went to the wrong address and you were still able to pick it up, please make sure that Morneau Shepell, the administrator of the registered pension plan, has your correct address. Please contact Morneau directly by calling:

Negotiated Plan Members: 1-877-392-2073

Managerial Plan Members: 1-877-392-2074

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