Bombardier Announces Special Meeting Voting Results and Release of Escrowed Funds in Respect of Cdn$1.1 Billion Public Offering of Equity

Bombardier is pleased to announce the results of voting at its special meeting of shareholders held earlier today in Montréal, Québec.  At the meeting, the special resolution authorizing the amendment to the articles of Bombardier in order to increase the number of Class A shares (multiple voting) and Class B shares (subordinate voting) that Bombardier is authorized to issue from 1,892,000,000 to 2,742,000,000 was duly adopted. Following the close of the meeting, Bombardier filed articles of amendment under the Canada Business Corporations Act and obtained a certificate of amendment reflecting the increased authorized share capital.

With the articles of amendment effective today, the net proceeds of Bombardier’s previously announced approximately Cdn$1.1 billion public offering of subscription receipts have been released to Bombardier (subject to the payment of certain transaction costs) and each subscription receipt was automatically exchanged into one Class B share (subordinate voting) in the capital of Bombardier. Bombardier expects that the subscription receipts will be immediately halted from the Toronto Stock Exchange and de-listed after markets close today.

Further details concerning the subscription receipts are set out in a prospectus supplement dated February 20, 2015 to Bombardier's short form base shelf prospectus dated February 18, 2015, both available on SEDAR at  www.sedar.com.

This press release does not constitute an offer to sell or the solicitation of an offer to buy securities in any jurisdiction nor will there be any sale of these securities in any province, state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such province, state or jurisdiction. This press release does not constitute an offer to sell or the solicitation to buy securities in the United States. The securities mentioned herein have not been and will not be registered under the U.S. Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements.

About Bombardier

Bombardier is the world’s largest manufacturer of both planes and trains. Looking far ahead while delivering today, Bombardier is evolving mobility worldwide by answering the call for more efficient, sustainable and enjoyable transportation everywhere. Our vehicles, services and, most of all, our employees are what make us a global leader in transportation.

Bombardier is headquartered in Montréal, Canada. Our shares are traded on the Toronto Stock Exchange (BBD) and we are listed on the Dow Jones Sustainability World and North America Indices. In the fiscal year ended December 31, 2014, we posted revenues of $20.1 billion. News and information are available at  bombardier.com or follow us on Twitter @Bombardier.

Bombardier and The Evolution of Mobility are trademarks of Bombardier Inc. or its subsidiaries.

For Information

Isabelle Rondeau
Director, Communications
Bombardier Inc.
+514 861 9481

Shirley Chénier
Senior Director, Investor Relations
Bombardier Inc.
+514 861 9481