The Toronto Stock Exchange reports that Chorus Aviation Inc.'s 6.00 per cent convertible senior unsecured debentures (symbol CHR.DB.B) will be halted at the open on Sept. 30, 2025, and will be delisted at the close on the same day. According to the TSX, the company will redeem the debentures on Sept. 30, 2025, for $1,015 per $1,000 principal amount, representing $1,000 principal amount, and $15 for accrued and unpaid interest thereon to, but excluding, the redemption date. As the debentures trade in the book entry system of CDS, beneficial holders of debentures need not take any action in order to receive the redemption price.

The TSX reports that the holders of the debentures have the option to convert the debentures in voting and variable voting shares of the company (symbol CHR), at any time before the close on Sept. 29, 2025, at $44.45 per share. This conversion price represents a conversion rate of approximately 22.4972 shares per $1,000 principal amount of debentures. Buyers of debentures who wish to exercise their conversion right should make their purchases sufficiently in advance of the deadline indicated in the relevant CDS bulletin, allowing for adequate time for settlement. Trades on Sept. 29, 2025, will settle on Sept. 29, 2025.

For more information, see the company's news release dated Aug. 5, 2025.