BT AUSTRALIA September 2017 September KoopmannAnne

PRIVATE AND CONFIDENTIAL © Bombardier Inc. or its subsidiaries. All rights reserved. Note: Estimated figures for for 2016 figures Estimated Note: COUNTRIES GLOBALLYCOUNTRIES MOVINGCITIES ANDIN PEOPLE ACROSS PASSENGERS/ 500 MOVING DAY MILLION HIGHER VALUEINFRASTRUCTURE RAILSOLUTIONS > CARS CARS TRAIN IN SERVICE 100,000 PRESENCE IN COUNTRIES > 60 CUSTOMERS COUNTRIES IN IN > > 500 70 PARTNER TO CITIES > 200 2

PRIVATE AND CONFIDENTIAL © Bombardier Inc. or its subsidiaries. All rights reserved. and reliability,providing total care 24/7 safety, system maintain to availability packages services of range Complete Our products BROADESTINDUSTRY PORTFOLIOTHE IN 3 . . Circulator Urban Circulator Airport People People Mover . . . . Commuter Airport Link TransitMass Feeder Mid Metro -size . . . . Circulator Urban Feeder Airport Link TransitMass Monorail . . . Operation Road Feeder Urban Transit Light / . . Commuter TransitMass Heavy Metro . . Regional Intercity Speed High

PRIVATE AND CONFIDENTIAL © Bombardier Inc. or its subsidiaries. All rights reserved. SITES BOMBARDIERAUSTRALIA IN Project Automation Rail BHP Maintenance, FleetA &B B Series EMU, Perth Adelaide LRVs (Supply) LRVs Adelaide EMU) & (DMU Maintenance Fleet PTS Adelaide 4 Office Solutions) Control (Rail Dandenongand South – RCS RCS 1000+ employees across Australia across West Melbourne, Dynon, Geelong, Ballarat Geelong, Dynon, West Melbourne, Manufacturing Facility / / Facility Manufacturing Dandenong Wulkuraka Maintenance Brisbane QNGR QNGR - Product Introduction Product QNGR Project Mgt, Mgt, Project QNGR Melbourne, Head Office Office Head Melbourne, Milton Milton Service, Spares Service, Engineering, Engineering, – – Refurb & Repairs Repairs & Refurb Brisbane MaintenanceServices & Extension ProjectLRT + Sydney , V/Line Maintenance V/Line Gold CoastGold (Bid Office) (Bid

PRIVATE AND CONFIDENTIAL © Bombardier Inc. or its subsidiaries. All rights reserved. KEY REFERENCEKEY PROJECTS 5 Adelaide A Adelaide Melbourne E - City - Class Gold Coast Gold VLocity DMU / EMU / DMU VLocity Queensland NGRQueensland . Transit Rail Light Coast Gold . . . E Melbourne . . Link Rail for Victoria Regional VLocity . . . . Stock Rolling Generation New Queensland Design,build, finance, maintain operate and 1 OEM maintenance till 2019 bogies 100% low 80 fleet maintenanceOEM integrated contract current into Total fleet: 237 carsrail under 32- ConstructionWulkuraka of Maintenance Centre Maintenanceyears30 services for 18 stage in 8 yearsPPP 75 six Swift BOMBARDIER FLEXITY 2trams - car trains year PPP - floor trams with conventional wheelset - Class trams st

PRIVATE AND CONFIDENTIAL © Bombardier Inc. or its subsidiaries. All rights reserved. Source:UNIFE WorldRail Market Study 2016. CAGR for2014 to 2020 period. Basedtotal on rail marketdefined as by UNIFE, exc 2. UITP, World Report Metro on Automation, July 2016. 1. United Nations; World Urbanization Prospects:The 2014 Revision. Note: Chart data may not be to scale. DYNAMICS OVERALL MARKET GROWTHDIFFERENT WITH LOCAL TRANSPORTATION KEY MARKET DRIVERS MARKET MARKET ~ 3.4% 2014-2020 CAGR ENVIRONMENTAL AWARENESS URBANIZATION AND TURNKEY PROJECTS TURNKEY MOBILITY SOLUTIONSAND DIGITAL SOLUTIONS 2013- € AVERAGE 67B 28 26 12 lud ing markets- non 15 accessible forBT which areassociated with contractsthat are awardedto local playerswithout open- 2016- € AVERAGE 75B 33 29 13 18E 2019- € AVERAGE 81B 36 31 14 21E bid competi FROM 29 IN 2015 TO > 41 INFROMIN> 2030 2015TO 29 MEGACITIES NUMBER OFFORECASTED LINESTO FROM550KM2016 IN METRO AUTOMATED FULLY GROWING GLOBALLY LENGTH TRACK TRAIN EXPECTED INCREASE IN TOTAL ~ 2,300KM IN 2030 4.2% 2.5% 3.1% CAGR CAGR CAGR tion, and segmentsin whichBT does not actively compete. SIGNALLING & SYSTEMS & SIGNALLING ROLLING STOCK SERVICES 2 1

6 PRIVATE AND CONFIDENTIAL © Bombardier Inc. or its subsidiaries. All rights reserved. 7 for: Demand OPPORTUNITIESRAIL IN • • • • • experience transport available,efficient and connected more a of demand Passenger Digitalization & Capabilities Innovation strong bySupported Management Manufacturing, Asset Local Design, Engineering, Solution congestion Urban for Mobility (urbanisation/ globalisation)

PRIVATE AND CONFIDENTIAL © Bombardier Inc. or its subsidiaries. All rights reserved. Note: Refer to our disclosure on forward our to disclosure Refer Note: 8 DELIVERING CUSTOMER VALUE ALONG VALUE THE CHAIN INCREASING CUSTOMER CUSTOMER ROI Integration and Value Integration and chain valueentire the along Creation COMPONENTS - looking statements and assumptions at the beginning of this presentation. presentation. this of the at beginning and assumptions statements looking SUB EXISTING PLATFORMSEXISTING PROFITABILITY WITH - SYSTEMS INCREASING INCREASING ROLLING STOCK VEHICLES INFRASTRUCTURE SIGNALLING INTEGRATION WITH HIGHER MARGINS HIGHER WITH REVENUE GROWTH GROWTH REVENUE SYSTEMS MAINTENANCE SERVICES OPERATIONS EXPERTISE

PRIVATE AND CONFIDENTIAL © Bombardier Inc. or its subsidiaries. All rights reserved. to win contracts win to documentsprepare & Research stakeholders & customers potential with relationships Establish Opportunities at BOMBARDIER Opportunities SALES & BIDS SALES Component re Component parts replace and Repair Manage fleet engineers fleet,the systems mechanicaland service electrical& the Install Build new & train components EngineersTesting Depots, vehicles. projects, new design & Construct contracts purchaseManage sourcing strategic Drive Select & manage supply chain Continuous ImprovementContinuous Finale vehiclepresentation Quality Checks control Material and Production Manufacturign METHODS &PLANNINGMETHODS etc MANUFACTURING PROCUREMENT ENGINEERING - engineering & overhaul& engineering Engineering SERVICES Quality the industry the in business the Promote relations workplace Manage processes Finance personnel competent & train Recruit conditions & terms trading contract Establish LEGAL,FINANCE, HR, SUPPORT SERVICES: MARKETING…

PRIVATE AND CONFIDENTIAL © Bombardier Inc. or its subsidiaries. All rights reserved. PRIVATE AND CONFIDENTIAL © Bombardier Inc. or its subsidiaries. All rights reserved.