Bombardier : Statement on AMF Review

The Autorité des Marchés Financiers (AMF) is simply doing its job. It's part of its overall mandate to conduct these reviews. The organization monitors all announcements and movements on markets under its jurisdiction.

With the pressure on Bombardier's stock, preceding and following the release of our financial results on November 8, some had raised doubts about trading that may have occurred in the last months.

In this context, we welcome the review of the AMF and we hope that it will be conducted as quickly as possible. We will fully collaborate with the AMF's review. We have already taken the actions required to suspend any further trading pursuant to the ASDP.

The ASDP was put in place last August, following a process spanning several months. The ASDP is a plan that supports sound governance practices used by publicly traded companies to ensure the orderly disposal, on a predetermined basis, of securities held by management. Trades under the ASDP are completed without any oversight or direct input from participants at the time the trades are effected, the whole in full transparency to the market.

The ASDP was set up last August. This is a mechanism of sound governance, used by public companies to ensure an orderly disposition of assets, in an arm-length manner, free of all influence and in full transparency towards the market.

The AMF had been informed of this initiative and had reviewed its structure before it was put in place.

With over 69,500 employees across four business segments, Bombardier is a global leader in the transportation industry, creating innovative and game-changing planes and trains. Our products and services provide world-class transportation experiences that set new standards in passenger comfort, energy efficiency, reliability and safety.

Headquartered in Montreal, Canada, Bombardier has production and engineering sites in 28 countries across the segments of Transportation, Business Aircraft, Commercial Aircraft and Aerostructures and Engineering Services. Bombardier shares are traded on the Toronto Stock Exchange (BBD). In the fiscal year ended December 31, 2017, Bombardier posted revenues of $16.2 billion US. News and information are available at bombardier.com or follow us on Twitter @Bombardier.

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