Mr. Mark Masluch reports

BOMBARDIER ANNOUNCES NOTICE OF PARTIAL REDEMPTION FOR $100,000,000 OF ITS 7.875% SENIOR NOTES DUE 2027

Bombardier Inc. has issued a notice of partial redemption for $100-million principal amount of its outstanding 7.875 per cent senior notes due 2027, which redemption will be paid using cash from its balance sheet. As set forth in the notice of partial redemption issued today in respect of the redemption notes, the redemption date is April 15, 2024, and the redemption price for the redemption notes is 100 per cent of the principal amount redeemed, plus accrued and unpaid interest.

On March 14, 2024, a copy of the notice of redemption with respect to the redemption notes was issued to record holders. Payment of the redemption price and surrender of the redemption notes for redemption will be made through the facilities of the Depository Trust Company in accordance with the applicable procedures of the Depository Trust Company on April 15, 2024. The name and address of the paying agent are as follows: Deutsche Bank Trust Company Americas, care of Deutsche Bank Services Americas, 5022 Gate Parkway, Jacksonville, Fla., 32256, attention: corporate team/Bombardier, telephone: 1-800-735-7777.

All amounts in this press release are in U.S. dollars.

We seek Safe Harbor.