Mr. Mike Greenley reports

MDA LTD. TO BE ADDED TO S&P/TSX COMPOSITE INDEX

MDA Ltd. will be added to the S&P/TSX Composite Index (industrials sector) prior to the open of trading on March 18, 2024. The S&P/TSX Composite Index includes the largest and most-liquid publicly traded companies in Canada, and represents the principal benchmark measure for the Canadian equity markets.

"Inclusion in the S&P/TSX Composite Index is an important milestone in our life as a public company, reflecting our record of delivering consistent and strong revenue and profitability growth as a leading space mission partner," said MDA chief executive officer Mike Greenley. "I want to thank our entire team of more than 3,000 talented employees for their hard work and dedication to get us to this point, and look forward to reaching a broader group of investors as we continue to deliver value for our shareholders."

About MDA Ltd.

Serving the world from its Canadian home and global offices, MDA is an international space mission partner and a robotics, satellite systems and geointelligence pioneer with a 50-year story of firsts on and above the Earth. With over 3,000 employees across Canada, the United States and the United Kingdom, MDA is leading the charge toward viable moon colonies, enhanced Earth observation, and communication in a hyperconnected world. With a record of making space ambitions come true, MDA enables highly skilled people to continually push boundaries, tackle big challenges, and imagine solutions that inspire and endure to change the world for the better, on the ground and in the stars.

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