Bombardier Overview Bombardier

July 2013 Overview Bombardier

PRIVATE AND CONFIDENTIAL © Bombardier Inc. or its subsidiaries. All rights reserved. 2 Bombardier Overview Bombardier ...... Note: Market Note: capitalizationand Market based are yieldon of price share 3 2 1 (Fiscal (Fiscal Year December 31, 2012)ended Bombardier Bombardier Aerospace Bombardier Incorporated Employees: 35,500 Order Backlog: $32.9 billion EBIT before special Revenue: $8.6 (51% billionof total) Dividend (Yield): Market Capitalization: $6.5 Net Adjusted Income EBIT before special items Revenues: $16.8 billion Market See regarding Non foreign exchange hedging (BT loss Specialin items Caution regarding Non capitalization based is on an exchange A valued shares rate B of 1.00Class at Class USD/CAD. - GAAP measures at GAAP measures the end of this 2012 Cdn include $119 million for restructuring charges (BT), $19 million for related $19a loss for charges million $119(BT), includerestructuring for million items 2 $0.10 $0.10 per share 2.7% / (Per Share): $692 (Per $692 Share): million $0.38 / - GAAP measures at theGAAP measures end of this 1 : 1 $382 million (Margin): $835 (Margin):$835 million 5.0% / billion ), ), and a $ 3 23 million gain on23 resolution million of a litigationin connection capital ( with tax presentation Cdn presentation $3.76 (December 31, $3.76 2012 (December . . . . Bombardier Bombardier Transportation Employees: 36,000 Order Backlog: $33.7 billion EBIT before special Revenue: $8.1 (49% billionof total) ) items to flooding 1 : : $453 million price (BT), BA). See $ 25 million for 25 million Caution

© Bombardier Inc. or its subsidiaries. All rights reserved. Revenues* Projects Major or Developed Products acquisitions Major Entry 3 B ** ended the year fiscal 31,For 2012December * In constant dollarsUS ombardier . ( Lohnerwerke 1942 Rotax snowmobile Invention of Invention $0.7 B $0.7 - ) 1973 – from . . . . E (US$1B) Citysubway 825 cars Montreal subway 423 cars (U.S.) Power Alco Worthington MLW transportation 1974 ntrepreneurial to Global leader toGlobal ntrepreneurial $1.0 B $1.0 Rail - 1985 - - NY ...... ANF BN deHavilland Learjet Shorts Canadair 1986 Learjet 60 Learjet 31A Learjet CRJ100/200 Aerospace $5.6 B $5.6 - 1993 BT ...... Consolidation of Consolidation Adtranz Waggonbau Deutsche Talbot Waggonfabrik Q400 Express Global 45 Learjet CRJ700 1994 leadership position $12.4 B $12.4 - 2001 . . . . . 2002 CSeries 85 Learjet 300 Challenger Zefiro TalentII leadership $16.8 B ** $16.8 Organic growth Global - today

© Bombardier Inc. or its subsidiaries. All rights reserved. 4 Bombardier Aerospace is a truly playerglobal is atruly Aerospace Bombardier Employees Canada Mexico 15% 18% Total employees 2 1 – ) For the fiscal year ended December 31, December ) fiscal Forendedthe year ) December 31,of As Geographic Segmentation Geographic 6% U.S. Other 2012. 1% (1) : 35,500 Europe 2012 60% . Revenues Total revenues 13% 20% North America Asia – Geographic Segmentation Geographic - Pacific 11% (2) : $8.6 $8.6 billion Other Europe 56%

PRIVATE AND CONFIDENTIAL © Bombardier Inc. or its subsidiaries. All rights reserved. 5 P W OUR OUR STRATEGY riorities With focused initiatives, we can capture promising growth With cancapturegrowth initiatives,we promising focused opportunities e remain e committedto remain delivering onour Strategic We arewell LEADINGPRODUCTS DEVELOP INDUSTRY - positioned solid in marketwith forecastssegmentsgrowth - © Bombardier All subsidiaries. orits Inc. reserved. rights PRESENCE INTERNATIONAL EXPANDOUR EXECUTION ACHIEVEFLAWLESS

© Bombardier Inc. or its subsidiaries. All rights reserved. LEARJET 6 We havethe . . . . Learjet Global, 5000,Global 6000,Global Global 7000, 8000,Global Note Learjet 85 Learjet Learjet Learjet 60 XR Learjet : Challenger,Challenger300,Bombardier, Challenger350, Challenger605, Challenger870/890, 85 and 75 70 XR are trademarks most competitive portfolio of Bombardier Inc. of Bombardier or CHALLENGER . . . . Challenger 605 Challenger 350 Challenger Challenger its subsidiaries Learjet , 800 Series 300 Learjet 60, Learjet 70, of Learjet GLOBAL . . . . business 75, Global 8000 Global 7000 Global 6000 Global 5000 Global aircraft

© Bombardier Inc. or its subsidiaries. All rights reserved. 7 aircraft market aircraft We continuetohave a leading position in thebusiness Business Business AircraftCompetitiveEnvironment (1) L refers to We are well positioned in the business aircraft market with three families of families three with market aircraft business the in positionedWe well are Beechcraft Hawker Gulfstream Embraer Dassault Cessna BOMBARDIER In late 2012, Hawker Beechcraft In 2012,late Beechcraft announced Hawker intentionits to cease production of lightits and medium aircraft, each with strong products covering the majority of the market the of majoritythe coveringproducts strong with each aircraft, Products Products in service Learjet (1) , CL to L40XR We captured L70 Challenger L45XR and to G L75 LIGHTJETS Global L60XR Products Products under development a 37% revenue market revenue37%a L85 CL350 CL300 MEDIUM MEDIUM JETS CL605 share in 2012 share in CL800 Series jets. G5000 LARGEJETS G6000 G8000 G7000

© Bombardier Inc. or its subsidiaries. All rights reserved. 8 (In units, 2012 (In units, B OUR OUR MARKETS Latin • • Europe • • North America usiness aircraft* regional delivery outlook delivery regional usiness aircraft* to Given the demand current difficulties, economic Second of revenuesterms in market largest demand of business jet driver important Aircraft is replacement Largest business for andmarket mature most remain weak the remain over next America in the *Excludesvery jets. light Source: region. Bombardier Business Business Bombardier Aircraft 2012 MarketForecast - 2031) North North America 2,285 1 - 9,500 2 years. aviation © Bombardier All subsidiaries. orits Inc. reserved. rights is expected is Africa Europe - 2031. 810 3,920 Rest of the world China • • • • Middle Middle East Middle East and Africa. business remains aircraft Business designatedincluding infrastructure airports jet for increasing demand business for Healthyoutlookeconomic significant potentialgrowth business for Strong to point andgrowtheconomic airspace restrictions lower Accelerating the opening aviation civil for of airspace its 1,185 1,550 1,345 India limited in some notablyregions some inthe limited in and interregionaltrade China 2,420 jets. Russia Russia & 985 aircraft. CIS WORLD WORLD TOTAL will 24,000 drive Asia Asia Pacific

© Bombardier Inc. or its subsidiaries. All rights reserved. 5,200 5,200 M0.85 pax, 8 with nm 3 - zone zone cabin M ost comprehensive coverage of the large jet segment theostlarge comprehensivecoverage of 7,300 7,300 10 M0.85 pax, with nm 4 - zone zone cabin 7,900 7,900 M0.85 pax, 8 with nm 3 - zone zone cabin

PRIVATE AND CONFIDENTIAL © Bombardier Inc. or its subsidiaries. All rights reserved. Our commercial aircraft products are industry defining industry are products Our aircraft commercial QSERIES 10 . trademarks of trademarks or Inc. Bombardier its CS100, CRJ1000, CRJ900, Bombardier, CS300, CRJ700, CRJ, CSeries, Q400 NextGen subsidiaries CRJ . . . CRJ1000 CRJ900 CRJ700 NextGen NextGen NextGen NextGen , QSeries and CSERIES Q400 . . are CS300 CS100

© Bombardier Inc. or its subsidiaries. All rights reserved. 11 products in all products ourmarket segments We have efficient with highly a unique advantage into Commercial Commercial AircraftCompetitiveEnvironment The overall (1) Boeing Airbus Sukhoi MHI COMAC Embraer AVIC ATR BOMBARDIER Products service inProducts NextGen - service than competitors position us well long for us well position competitors than service aircraft aircraft models competitiveness of the of competitiveness Products under developmentunder Products Turboprops 60 Q400 - 90 90 seats (1) 60 CRJ700 - 79 (2) seats Re - engined (1) legacy products under development (Airbus A319neo, Boeing B737 Boeing A319neo,(Airbus developmentunder products legacy CSeries CRJ900 Regional Regional Jets (1) 80 - family of aircraft and an earlier an and aircraft of family 100 seats CRJ1000 - (1) term growth new in growth 100 - CS100 119 seats Commercial Commercial Jets - 7 MAX) 120 markets - CS300 149 entry seats -

© Bombardier Inc. or its subsidiaries. All rights reserved. EVERYTHING GETMORE Q400 NEXTGEN 30% FASTER CRUISE SPEED MILE COSTS CASH CASH SEAT 8% LOWER PASSENGERS MORE 8 35% VOLUME CARGO MORE 99.4% RELIABILITY DISPATCH PROVEN

PRIVATE AND CONFIDENTIAL © Bombardier Inc. or its subsidiaries. All rights reserved. 13 20 C OUR OUR MARKETS Latin • • • • Europe, Russia & CIS • • North America ommercial aircraft regional delivery outlook delivery regional ommercial aircraft Accelerating aircraft Accelerating retirements aircraft A butstrong projected market, duedecline to recession aircraft Loosening increase demand larger regionalfor scope clauses will market aircraft largest World’s Competitive environment remains Competitive remains fierce environment demand increase Highwillgrowth economic - 149 149 seat2012 category,units, in Latin Latin America America Source: Source: Bombardier North North America 4,730 Commercial 930 Aircraft Aircraft MarketForecast 2012 for Africa newaircraft © Bombardier All subsidiaries. orits Inc. reserved. rights Europe, 1,590 - 2031 550 - 2031 Middle China India Asia Middle Middle East , Africa • • • • • • 420 Major Major plans to improve infrastructure linking pairs Looseningcity stimulate restraints willregulatory Obstacles: unrest, constraints infrastructure political Economic abovegrowthaverage world to Market barriers Expenditures - Pacific East 650 India on air travel increasing alongsideon GDP airincreasing travel 640 aircraft operationsaircraft Russia Russia & China 2,220 Pacific 1,070 CIS Asia expected expected to lessen WORLD WORLD TOTAL 12,800

© Bombardier Inc. or its subsidiaries. All rights reserved. 14 • • • • • • • C Mature Operational Unmatched Widebody Total 20% Fuel Burn Advantage Family of Aircraft Full with Operational Commonality S eries Life Life CostImprovementCycle 99% Reliability at Entry Into ReliabilityServiceatEntry99%Into Comfort in Comfortin aSingle : : changeragame in its class Reduction Reduction in Environmental Flexibility – Short Field Field Longer Range Short and - 15% Cash Operating 15%Operating Costs Cash - Aisle Aircraft Footprint Performance Advantage

PRIVATE AND CONFIDENTIAL © Bombardier Inc. or its subsidiaries. All rights reserved. CSeries 15 Flight TestFlight Vehicles FTV : Flight Test Vehicles Test FTV Flight : CS100FTV CS100 FTV 1 production 4 - 5 CS100 FTV + 2 CS300 FTVs 2 CS300 FTV+ 5 CS100 l ine ramping CS100FTV CS100 FTV 2 - up 5 1 CS100FTV st CS300FTV 3

17 TORONTO SITE

• 157,935 square-metre facility located on 150 hectares of land, with a 2,130 metre active runway

• Generates over 9,000 direct, indirect and induced jobs, $60 million in tax revenues and $2.7 billion in economic output for Ontario annually

• 90% of production exported

18 TORONTO SITE

• Commercial Aircraft headquarters • Commercial and Business aircraft platforms • A state-of-the-art manufacturing facility • Engineering, R&D and testing facility • Customer support centre

19 TORONTO SITE

• Directly employs over 4,000* people – 17% of Ontario’s aerospace employment

• Well-paid, highly- skilled employees contributing to five successful aircraft programs

20 WE STARTED A JOURNEY TO TRANSFORM TORONTO CSERIES

BLUE SKY VISION: DEFINING THE ROADMAP

22 CSERIES

EXECUTING ON OUR VISION

23 BUILDING A WORLD-CLASS BUSINESS

24 WINNING NEW INVESTMENTS

. Range at M 0.85: 7,300 nm . Range at M0.85: 7,900 nm . Range at M 0.90: 5,100 nm . Range at M0.90: 5,650 nm . 20% larger cabin (4-zone) . 4.5% larger cabin (3-zone), new design . EIS: 2016 . EIS: 2017

25 QUESTIONS