Mr. Francis Richer de La Fleche reports

BOMBARDIER COMMENCES CONSENT SOLICITATIONS WITH RESPECT TO ITS 7.35% DEBENTURES DUE 2026 AND ITS 7.450% NOTES DUE 2034

Bombardier Inc. has launched consent solicitations with respect to its 7.450 per cent notes due 2034 (the U.S. notes) and its outstanding 7.35 per cent debentures due 2026 (with respect to any such series of notes, a consent solicitation and, collectively, the consent solicitations). In the consent solicitations, Bombardier is seeking consents from the holders of these notes to adopt proposed amendments to the respective indentures governing the notes in order to include in those indentures a permitted lien basket provision that is included in Bombardier's other existing indentures.

The deadline for submitting consents is (i) in the case of the U.S. notes, at 5 p.m. ET on March 20, 2026, and (ii) in the case of the Canadian notes, at 5 p.m. ET on March 27, 2026, in each case unless extended (such respective time and date, as the same may be extended, the consent deadline). Consents to each consent solicitation may be revoked subject to the terms and conditions of the consent solicitation statement prior to the earlier of (i) the effective time of the applicable proposed amendments, which may occur prior to the applicable consent deadline, and (ii) with respect to the U.S. notes, 5 p.m. ET on March 20, 2026, or, with respect to the Canadian notes, 5 p.m. ET on March 27, 2026, as applicable, unless extended by Bombardier in its sole discretion (each such date and time, a withdrawal deadline). Bombardier may extend either of the consent deadlines without extending the applicable withdrawal deadline.

The consent solicitations with respect to (i) the U.S. notes require consents from holders representing a majority of the outstanding aggregate principal amount of such series of notes and (ii) the Canadian notes require consents from holders representing 66.67 per cent of the outstanding aggregate principal amount of such series of notes. If the requisite consents from holders of a series of notes are received prior to the applicable consent deadline and the respective supplemental indenture implementing the proposed amendments become effective, then Bombardier will make the consent payment set forth in the attached table to holders of such series of notes who validly deliver (and do not validly revoke) their consent on or prior to the withdrawal deadline. The record date for the determination of holders entitled to give consents pursuant to each of the consent solicitations is 5 p.m. ET on March 13, 2026. Bombardier reserves the right to establish from time to time any new date as the record date and, thereupon, any such new date will be deemed to be the record date for purposes of the consent solicitations. Holders are encouraged to read Bombardier's consent solicitation statement, dated March 16, 2026, for the full terms and conditions of the consent solicitations.

Bombardier has retained Global Bondholder Services Corp. to act as the U.S. information and tabulation agent for the consent solicitation for the U.S. notes, and has retained Kingsdale Advisors to act as the Canadian information and tabulation agent for the consent solicitation for the Canadian notes. For additional information regarding the terms of the consent solicitations, or to obtain additional copies of the consent solicitation statement, please contact, in respect of the U.S. notes, Global Bondholder Services Corp. at 866-807-2200 or by e-mail at contact@gbsc-usa.com, or in respect of the Canadian notes, Kingsdale Advisors at 1-855-682-2031, by e-mail at corpaction@kingsdaleadvisors.com or by visiting www.BBDconsent2026.com for more information. You may also contact your broker, dealer, commercial bank, trust company or other nominee for assistance concerning the consent solicitations.

RBC Capital Markets LLC and RBC Dominion Securities Inc., together with TD Securities (USA) LLC and TD Securities Inc., will act as the solicitation agents for the consent solicitations. Questions concerning the terms of the consent solicitations should be directed to RBC Capital Markets at 212-618-7843, 416-842-6311 or 877-381-2099 or to TD Securities at 212-827-2842, 416-982-2243 or 866-584-2096.

Holders are advised to check with any bank, securities broker or other intermediary through which they hold any of the notes as to when such intermediary needs to receive instructions from a holder in order for that holder to be able to participate in, or (in the circumstances in which revocation is permitted) revoke their instruction to participate in, the consent solicitations, before the deadlines specified herein and in the consent solicitation statement. The deadlines set by each clearing system for the submission and withdrawal of instructions will also be earlier than the relevant deadlines specified herein and in the consent solicitation statement. You should check with such broker, dealer, commercial bank, trust company or other nominee to determine whether they will charge you a fee for delivering your consent on your behalf.

Holders are requested to read and consider carefully the information contained in the consent solicitation statement and to deliver their consent to the proposed amendments in accordance with the instructions set forth in the consent solicitation statement.

We seek Safe Harbor.