Statement from Bart Demosky, Executive Vice President and CFO, Bombardier, on Moody’s Ratings Upgrade to Ba3 from B1

Core Viewpoint - Bombardier has received a credit rating upgrade from Moody's, moving from B1 to Ba3, marking its return to the Ba/BB category for the first time in over a decade [1][2]. Group 1: Financial Performance - The upgrade reflects Bombardier's strong execution across business segments, solid financial performance, and disciplined deleveraging efforts in recent years [2]. - The company has a robust backlog that ensures visibility on future deliveries, contributing to diversified and resilient revenue streams [2]. Group 2: Business Operations - Bombardier is focused on expanding its Services and Defense businesses, which are integral to its long-term growth strategy [2]. - The company operates a fleet of over 5,100 aircraft, supported by a global network and 10 service facilities across six countries [6]. Group 3: Company Commitment - Bombardier is committed to pioneering the future of aviation by innovating for reliability, efficiency, and sustainability [5]. - The company emphasizes delivering high-quality craftsmanship and customer care to enhance the flying experience [5].