Mr. Mark Masluch reports

BOMBARDIER COMPLETES PARTIAL REDEMPTION OF US$200,000,000 OF ITS 7.875% SENIOR NOTES DUE 2027

Bombardier Inc. has redeemed $200-million (U.S.) principal amount of its outstanding 7.875 per cent senior notes due 2027 as set forth in the notice of partial redemption issued March 22, 2024.

Payment of the redemption price and surrender of the redemption notes for redemption are being made through the facilities of the Depository Trust Company in accordance with the applicable procedures of the Depository Trust Company.

The redemption notes mentioned herein have not been and will not be registered under the United States Securities Act of 1933, as amended, any state securities laws or the laws of any other jurisdiction, and may not be offered or sold in the United States absent registration or an applicable exemption from such registration requirements. The redemption notes mentioned herein have not been and will not be qualified for distribution to the public under applicable Canadian securities laws and, accordingly, any offer and sale of the securities in Canada may only be made on a basis which is exempt from the prospectus requirements of such securities laws.

We seek Safe Harbor.