STEVE RIDOLFIPRESIDENT

2012 PRODUCT UPDATE &VALUATION SEMINAR

OCTOBER 4, 2012

BOMBARDIERBUSINESS AIRCRAFTOVERVIEW

FORWARD LOOKING STATEMENTS

ALL AMOUNTS ARE EXPRESSED IN U.S. DOLLARS UNLESS OTHERWISE INDICATED.

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FORWARD-LOOKING STATEMENTS This presentation includes forward-looking statements, which may involve, but are not limited to: statements with respect to our objectives, guidance, targets, goals, priorities, markets and strategies, financial position, beliefs, prospects, plans, expectations, anticipations, estimates and intentions; general economic and business outlook, prospects and trends of an industry; expected growth in demand for products and services; product development, including projected design, characteristics, capacity or performance; expected or scheduled entry into service of products and services, orders, deliveries, testing, lead times, certifications and project execution in general; our competitive position; and the expected impact of the legislative and regulatory environment and legal proceedings on our business and operations. Forward-looking statements generally can be identified by the use of forward-looking terminology such as “may”, “will”, “expect”, “intend”, “anticipate”, “plan”, “foresee”, “believe” , “continue” or ”maintain”, the negative of these terms, variations of them or similar terminology. By their nature, forward-looking statements require us to make assumptions and are subject to important known and unknown risks and uncertainties, which may cause our actual results in future periods to differ materially from forecasted results. While we consider our assumptions to be reasonable and appropriate based on information currently available, there is a risk that they may not be accurate. For additional information with respect to the assumptions underlying the forward-looking statements made in this presentation, refer to the respective Guidance and forward-looking statements sections in Overview, Bombardier Aerospace and Bombardier Transportation sections in the Management’s Discussion and Analysis (“MD&A”) in the Corporation’s annual report for the fiscal year ended December 31, 2011.

Certain factors that could cause actual results to differ materially from those anticipated in the forward-looking statements include risks associated with general economic conditions, risks associated with our business environment (such as risks associated with the financial condition of the airline industry and major rail operators), operational risks (such as risks related to developing new products and services; doing business with partners; product performance warranty and casualty claim losses; regulatory and legal proceedings; to the environment; dependence on certain customers and suppliers; human resources; fixed-price commitments and production and project execution), financing risks (such as risks related to liquidity and access to capital markets, exposure to credit risk, certain restrictive debt covenants, financing support provided for the benefit of certain customers and reliance on government support) and market risks (such as risks related to foreign currency fluctuations, changing interest rates, decreases in residual value and increases in commodity prices). For more details, see the Risks and uncertainties section in Other. Readers are cautioned that the foregoing list of factors that may affect future growth, results and performance is not exhaustive and undue reliance should not be placed on forward-looking statements. The forward-looking statements set forth herein reflect our expectations as at the date of the Corporation’s MD&A and are subject to change after such date. Unless otherwise required by applicable securities laws, we expressly disclaim any intention, and assume no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. The forward-looking statements contained in this presentation are expressly qualified by this cautionary statement.

CAUTION REGARDING NON-GAAP EARNINGS MEASURESThis presentation is based on reported earnings in accordance with International Financial Reporting Standards ((IFRS) generally accepted accounting principles (GAAP)). It is also based on EBITDA and Free Cash Flow. These non-GAAP measures are directly derived from the Consolidated Financial Statements, but do not have a standardized meaning prescribed by IFRS; therefore, others using these terms may calculate them differently. Management believes that a significant number of the users of its MD&A analyze the Corporation’s results based on these performance measures and that this presentation is consistent with industry practice.

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Transportation#1 manufacturer in the world

Revenues: $9.8 billionWorkforce: 36,200

Aerospace#3 manufacturer in the world#1 in business jetsRevenues: $8.6 billionWorkforce: 33,600

Headquartered in Montréal, CanadaRevenues: $18.3 billion

Workforce: 70,000

NOTE: ALL INFORMATION AS OF DECEMBER 31, 2011. ALL MONETARY AMOUNTS EXPRESSED IN 2011 U.S. DOLLARS.3

BOMBARDIER TRANSPORTATION: A FULL SPECTRUM OF RAILWAY SOLUTIONS

TransportationSystems

§Monorailsystems

§APM systems

§ Light railsystems

§ART systems

§Metro systems

§ Intercity systems

§Transit Security

Services

§Fleet management

§Operations & maintenance

§Material solutions

§Vehicle refurbishment

§Component reengineering

Propulsion& Controls

§Traction converters

§Auxiliary converters

§Traction drives

§Control and communication

Bogies

§ Portfolio to match entire range of rail vehicles

§ Full scope of service over the lifetime of a bogie

Rail Control Solutions

§ Integrated control systems

§Automatic train protection and operation

§ Interlocking systems

§Wayside equipment

§Services

Rail Vehicles

§ Light rail vehicles

§Metros

§Commuter trains

§Regional trains

§ Intercity trains

§High speed trains

§ Locomotives

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BOMBARDIER AEROSPACE: LEADING FAMILIES OF BUSINESS AND COMMERCIAL AIRCRAFT

BUSINESS AIRCRAFT

COMMERCIAL AIRCRAFT

LEARJET CHALLENGER GLOBAL

Q400 CRJ SERIES C SERIES

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OUR CORE MARKET SEGMENTS ARE EXPECTED TO GROW SIGNIFICANTLY OVER THE NEXT FEW YEARS

Units (K)

45

30

15

0Fleet 2031

31.5

Retirements

7.7

Deliveries

24.0

Fleet2011

15.2

Units (K)

30

20

10

0Fleet 2031

17.0

Retirements

7.0

Deliveries

12.8

Fleet 2011

11.2

Commercial AircraftBusiness Aircraft

$648B in deliveries

$630B in deliveries

Business Aircraft Fleet Commercial Aircraft Fleet

SOURCE: BOMBARDIER FORECASTS.6

THE INDUSTRY’S LEADING BUSINESS JET PORTFOLIO

LEARJET CHALLENGER GLOBAL

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WE SEE A MARKET OPPORTUNITY OF $648 BILLION OVER THE NEXT 20 YEARS

$292B(45%)

$117B(18%)

$239B(37%)

Large

Medium

Light

$648B

Business Jet Industry Delivery Revenue Forecast ($B), 2012-2031

2012-2031 2625

15

20

40

35

30

25

10

5

031302928272423222120191817161514131211100908070605040302

SOURCE: BOMBARDIER BUSINESS AIRCRAFT MARKET FORECAST 2012-2031.8

BOMBARDIER LEADING INDUSTRY ORDER INTAKE FOR THE FIRST-HALF OF 2012

174

60

(74%)

TOTAL INDUSTRY H1 2012: 234 TOTAL INDUSTRY H1 2011: 223

174

* NETJETS ORDER FOR 25 CITATION LATITUDE AIRCRAFT NOT INCLUDED IN CESSNA BACKLOG (SOURCE: TEXTRON DISCLOSURES)

Estimated Net Orders by OEM, H1-2012

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KEY CUSTOMERS HAVE PURCHASED ~200 BOMBARDIER BUSINESS AIRCRAFT

NETJETS – GLOBAL VISTAJET

NETJETS – CHALLENGERAVWEST – GLOBAL

10 INCLUDES NET FIRM ORDERS ONLY, EXCLUDES OPTIONS

WE HAVE REMAINED COMMITTED TO OUR INVESTMENTS IN NEW PRODUCT DEVELOPMENT DESPITE THE DIFFICULT ECONOMIC ENVIRONMENT…

CS100/CS300

Global 7000/8000

Learjet 85

Learjet 70/75

0

200

400

600

800

1000

1200

1400

1600

1800

2007 2008 2009 2010 2011 Budgeted 2012

Net product development investments 1

(Intangible assets) Fiscal years ended January 31, 2007-2011 Calendar years ended December 31, 2011-2012

In m

illio

ns o

f U.S

. dol

lars

1. INCLUDES SPEND SUCH AS PROGRAM TOOLING ADDITIONS, R & D EXPENSESSOURCE: BOMBARDIER ANNUAL REPORTS 2003-2011, 2012 BUDGET.

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CUSTOMER-FACING SERVICES & SUPPORT24/7 RESPONSE CENTRES, FIELD SERVICES, TROUBLESHOOTING,

ENTRY-INTO-SERVICE SUPPORT, LOCAL OFFICES

MAINTENANCE SERVICESNetwork of 9 wholly-owned Service Centres, Response

teams, Authorized Service Facilities, Mobile Response teams

TRAINING SERVICES2 Bombardier Training Centres and strong Authorized

Training Provider (ATP) relationship with CAE

PARTS SERVICES & SMART SERVICESSpare Parts Sales, Exchanges, Component Repair & Overhaul,

Component & Maintenance Programs

CUSTOMER SERVICES: INTEGRATED PRESENCE FUELS VALUE-ADDED BUSINESS

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THANK YOU!

QUESTIONS?

2012 PRODUCT UPDATE &VALUATION SEMINAR

OCTOBER 4, 2012

BOMBARDIERBUSINESS AIRCRAFTOVERVIEW

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