Bombardier Inc. announced that it has issued a conditional notice of redemption for all of its outstanding 7.500% Senior Notes due 2024. As set forth in the conditional notice of redemption issued in respect of the Notes, the redemption date is February 16, 2023 (the ôRedemption Dateö), and the redemption price is 101.875% of the principal amount redeemed, plus accrued and unpaid interest. The redemption of the Notes is subject to and conditioned upon Bombardier completing a new offering of debtsecurities in the aggregate principal amount of not less than USD 500 million before the Redemption Date; however, Bombardier may delay or waive this condition in its sole and absolute discretion.á On January 17, 2023, a copy of the conditional notice of redemption with respect to the Notes was issued to record holders.

Payment of the redemption price and surrender of the Notes for redemption will be made through the facilities of the Depository Trust Company in accordance with the applicable procedures of the Depository Trust Company on February 16, 2023. The name and address of the paying agent are as follows: Deutsche Bank Trust Company Americas, c/o Deutsche Bank Services Americas, 5022 Gate Parkway, Jacksonville, Florida 32256, Attention: Corporate Team/Bombardier Inc., Tel: 1-800-735-7777.