Bombardier to Confirm 2025 Objectives Are on Track and Will Further Detail Growth Levers Through 2030 as Part of Investor Day 2024

• With an impressive turnaround plan in full gear, Bombardier maintains clear line of sight on meeting 2025 objectives   
• Growth levers from 2025 to 2030 to focus on continuous product improvements and business segments with a high return-on-invested-capital (ROIC)  
• Diversified revenue streams are building a foundation of resilience and long-term predictability  
• Bombardier President and Chief Executive Officer, Éric Martel, and Executive Vice President and Chief Financial Officer, Bart Demosky, to provide webcast remarks, highlighting strategic initiatives, capital allocation plans and compelling valuation drivers 
• Event hosted inside the company’s new Aircraft Assembly Centre in Toronto, which will be inaugurated later in the day

MONTREAL, May 01, 2024 (GLOBE NEWSWIRE) -- Bombardier Inc. (TSX: BBD.B) will host its Investor Day on May 1^st, 2024, at its new state-of-the-art Aircraft Assembly Centre at Pearson Airport in Toronto. During the event – which will be webcast live – Bombardier’s executive leadership will review the company’s strong performance over the past three years and provide an in-depth look at how the company is set to meet its 2025 commitments.

Éric Martel, President and Chief Executive Officer, and Bart Demosky, Executive Vice President and Chief Financial Officer, will be joined by members of Bombardier’s executive leadership team in Toronto to outline the company’s progress on several fronts, including the expansion of Bombardier Defense, growth in Services and in its pre-owned participation, as well as the company’s dedication to sustainability and operational excellence. They will also provide an update on how the company has positioned itself for growth through 2030 by building a resilient business, based on predictable and diversified revenue streams and supported by continued strategic investments.

“Since starting our turnaround plan in 2020, our teams have delivered textbook-worthy results on all fronts, consistently meeting or surpassing many of our objectives. Bombardier is well on track to meet its 2025 objectives thanks to everyone’s collective focus on executing our plan flexibly, creatively and passionately,” said Martel. “As we now look toward the second half of what has already been a historic decade for the company, we are focused on creating even more value for shareholders by building on a predictable and resilient foundation. Bombardier will have room to grow organically, as well as to deploy capital strategically.”