Share Class B

The following Class B common shares, without nominal or par value, are authorized:

 

Class B 3,592,000,000 Class B shares (Subordinate Voting)

 

 

Voting rights

One vote each

 

 

Conversion

Convertible, at the option of the holder, into one Class A share (Multiple Voting):

  • if an offer made to Class A (Multiple Voting) shareholders is accepted by the present controlling shareholder (the Bombardier family); or
  • if such controlling shareholder ceases to hold more than 50% of all outstanding Class A shares (Multiple Voting) of the Corporation.

 

 

Dividend

Annual non‑cumulative preferential dividend of $0.0015625 Cdn per share, in priority to the Class A shares (Multiple Voting), payable quarterly on the last day of March, June, September and December of each year at a rate of $0.000390625 Cdn per share, if declared.