Mr. Andrew Hider reports

ATS CORPORATION RELEASES FY2023 SUSTAINABILITY REPORT

ATS Corp. has released its fiscal 2023 sustainability report for the period ended March 31, 2023. This is the company's fourth annual report, and provides insights into the initiatives and outcomes that ATS is driving in terms of environmental, social and governance matters.

Under the theme of building tomorrow today, the FY 2023 sustainability report provides updates on several key topics, including:

• Progress on previously disclosed sustainability goals and the company's continued alignment with the United Nations Sustainable Development Goals;
• Enhanced disclosure on governance, strategy, risk management, and climate-related risks and mitigation strategies in alignment with Task Force on Climate-related Disclosures (TCFD) framework recommendations;
• ATS's strategic integration of sustainable operations and processes the company has embraced to minimize the impact of its own and its customers' operations.

"We are excited to share details and progress updates on our sustainability goals, as well as to introduce new measures we are undertaking to strengthen our business," said Andrew Hider, chief executive officer of ATS. "With our broad global footprint, we are constantly challenging ourselves to think globally while acting locally, all the while supporting the unique needs and sustainability goals of our customer base. Our fourth annual sustainability report highlights these commitments and outlines how we will continue to drive forward into the future."

The full report is available on the ATS website.

About ATS Corp.

ATS is an industry-leading automation solution provider to many of the world's most successful companies. ATS uses its extensive knowledge base and global capabilities in custom automation, repeat automation, automation products and value-added services, including preautomation and after-sales services, to address the sophisticated manufacturing automation systems and service needs of multinational customers in markets such as life sciences, food and beverage, transportation, consumer products, and energy. Founded in 1978, ATS employs over 6,500 people at more than 60 manufacturing facilities and over 80 offices in North America, Europe, Asia and Oceania. The company's common shares are traded on the Toronto Stock Exchange and the New York Stock Exchange under the symbol ATS.

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