Mr. Francis Richer de La Fleche reports

BOMBARDIER ANNOUNCES CONDITIONAL NOTICES OF PARTIAL REDEMPTION FOR US$338,000,000 OF ITS 7.125% SENIOR NOTES DUE 2026 AND US$450,000,000 OF ITS 7.875% SENIOR NOTES DUE 2027

Bombardier Inc. has issued a conditional notice of partial redemption for $338-million (U.S.) aggregate principal amount of its outstanding 7.125 per cent senior notes due 2026 and a conditional notice of partial redemption for $450-million (U.S.) aggregate principal amount of its outstanding 7.875 per cent senior notes due 2027. As set forth in the conditional notice of partial redemption issued today in respect of the 2026 notes, the redemption date is June 20, 2024, and the redemption price for the 2026 notes is 101.781 per cent of the principal amount redeemed, plus accrued and unpaid interest. As set forth in the conditional notice of partial redemption issued today in respect of the 2027 notes, the redemption date is June 20, 2024, and the redemption price for the 2027 notes is 100.00 per cent of the principal amount redeemed, plus accrued and unpaid interest. Each redemption of the redemption notes is subject to and conditioned upon Bombardier completing a new offering of debt securities in the aggregate principal amount of not less than $750-million (U.S.) before the June 20, 2024, redemption dates; however, Bombardier may delay or waive this condition in its sole and absolute discretion.

On May 21, 2024, a copy of each of the respective conditional notices of redemption with respect to the redemption notes was issued to the respective record holders thereof. Payment of the redemption price and surrender of the respective 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 on June 20, 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, or telephone: 1-800-735-7777.

We seek Safe Harbor.