Bombardier Announces Expiration of Early Tender Date and Amendments for its Cash Tender Offer for Certain Outstanding Senior Notes - Seite 2

As a result of the amendments set forth herein, (i) all 2021 Notes and 2022 Notes that were validly tendered and not validly withdrawn at or before the Early Tender Date will be accepted for purchase by Bombardier on the Early Settlement Date, and (ii) 2023 Notes that were validly tendered and not validly withdrawn at or prior to the Early Tender Date will be accepted for purchase by Bombardier on the Early Settlement Date, subject to proration as set forth in the Offer to Purchase, such that the aggregate purchase price (exclusive of Accrued Interest) of 2023 Notes will be US$235,125,000.

Any Notes that have been validly tendered at or before the Early Tender Date, not validly withdrawn and accepted for purchase by the Corporation, subject to the Acceptance Priority Level, the Aggregate Maximum Purchase Amount the 2023 Tender Cap and possible proration, will be settled on the Early Settlement Date in accordance with the terms of the Tender Offer as set forth in the Offer to Purchase, as amended hereby. Bombardier expects such Early Settlement Date to be April 6, 2021.

On the Early Settlement Date, the aggregate total purchase price payable under the Offer to Purchase (as amended hereby) for Notes validly tendered and not validly withdrawn at or prior to the Early Tender Date and accepted for purchase will have reached the 2023 Tender Cap (as amended hereby) with respect to the 2023 Notes and will be within US$786,032.24 of reaching the Aggregate Maximum Purchase Amount (as amended hereby) for all Notes.

As a result of the amounts of Notes accepted for purchase on the Early Settlement Date, no 2023 Notes tendered after the Early Tender Date and only a limited amount of 2021 Notes or 2022 Notes tendered after the Early Tender Date will under the terms of the Offer to Purchase (as amended hereby) be accepted for payment unless, in the Corporation’s sole and absolute discretion, the terms of the Tender Offer are further amended or waived by the Corporation to permit further purchases of Notes. There can be no assurance that the Corporation will further amend or waive any terms of the Tender Offer to accept any 2023 Notes tendered after the Early Tender Date, or will increase the Aggregate Maximum Purchase Amount or amend the Tender Offer in any other respect.