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Introduction | History | Activities | Bombardier Aerospace | Bombardier Transportation | Corporate Social Responsibility and Sustainability | Board of Directors | Corporate Officers | Group Officers | Executive Profiles

Introduction

A world-leading manufacturer of innovative transportation solutions, from commercial aircraft and business jets to rail transportation equipment, systems and services, Bombardier Inc. is a global corporation headquartered in Canada with facilities throughout the Americas, Europe and Asia-Pacific.

Its revenues for the fiscal year ended January 31, 2010, were $19.4 billion US, and its shares are traded on the Toronto Stock Exchange (BBD).

Bombardier is listed as an index component to the Dow Jones Sustainability World and North America Indexes.

History

L'Auto-Neige Bombardier Limitée, a manufacturer of tracked snow vehicles, was incorporated in 1942. Founder J.-Armand Bombardier later developed the one-passenger snowmobile, which he began to market under the Ski-Doo® brand name in 1959. In 1970, as part of a vertical integration program, the Corporation acquired the Austrian company Lohnerwerke GmbH and its subsidiary Rotax-Werk, manufacturer of Rotax engines for Ski-Doo snowmobiles and Sea-Doo® watercraft.

Bombardier diversified into the urban transit equipment industry in 1974 with a contract to build rolling stock for the Montréal subway system, and went on to develop its activities in this industry by acquiring technology for a wide range of rail transportation equipment.

Then, in order to strengthen its position in the consumer products market, the Corporation entered the small leisure boat industry with the 1988 launch of Sea-Doo personal watercraft.

Over the following years, Bombardier expanded geographically in each of its business segments through the acquisition of companies with operations complementary to its own.

Bombardier then increased its presence in the European snowmobile industry. It already had a plant in Finland and, in 1988, purchased another one there, Scanhold Oy, through a 50-50 joint venture. Four years later, the Corporation obtained full ownership of Scanhold.

As a result of the 1970 purchase of Lohnerwerke, Bombardier already owned a tramway manufacturing plant in Vienna, Austria. A number of acquisitions served to enhance its position in the European rail transportation industry: BN Constructions Ferroviaires et Métalliques S.A. (now BN S.A.) of Belgium in 1988; ANF-Industrie (now Société ANF-Industrie S.A.) of France in 1989; Procor Engineering Limited (now Prorail Limited) of England in 1990; Waggonfabrik Talbot GmbH & Co. KG (now Talbot GmbH & Co. KG) of Germany in 1995; Deutsche Waggonbau AG (now DWA Deutsche Waggonbau GmbH) in 1998; and DaimlerChrysler Rail Systems (Adtranz) in 2001. The same process was undertaken in North America and led to the acquisition of two companies in 1992: Constructora Nacional de Carros de Ferrocarril (now Bombardier-Concarril, S.A. de C.V.) of Mexico and the Urban Transport Development Corporation Inc. of Canada (now Total Transit Systems).

Diversification continued with the December 1986 acquisition of the leading Canadian aircraft manufacturer, Canadair Limited.

The Corporation's expansion program in aerospace was carried out in both Europe and North America, through the following acquisitions: Short Brothers plc of Northern Ireland in 1989; the Learjet Corporation of the United States in 1990, and Boeing's de Havilland Division of Canada in 1992.

In 2001, the Corporation purchased the engine assets of Outboard Marine Corporation (OMC), including the Evinrude® and Johnson® outboard engine brands.

On April 3, 2003, Bombardier presented a recapitalization program featuring an equity offering and asset divestitures. As part of this program, Bombardier announced in May 2003 the sale of Belfast City Airport to Ferrovial of Spain and in June 2003 the sale of its Military Aviation Services unit to Spar Aerospace Ltd., a subsidiary of New York-based L-3 Communications Corporation. In December 2003, Bombardier announced the closing of the sale of its recreational products business to Bombardier Recreational Products Inc., a corporation formed by members of the Bombardier family, Bain Capital and the Caisse de dépôt et placement du Québec.

Activities

Today, Bombardier is one of Canada's largest manufacturing companies. Its operations are organized into two manufacturing groups headed by a president at Bombardier Transportation and a President and Chief Operating Officer at Bombardier Aerospace. The groups are responsible for their operations as well as long-term and short-term growth and profitability. The Corporate Office is involved in long-range planning, human resources and organizational development, public affairs, treasury, finance and legal services.

In order to simplify its overall structure, Bombardier Inc. transferred, in early 2004, Bombardier International’s responsibilities to Bombardier’s aerospace and rail units. Bombardier’s two main operating units now assume the task of spearheading their respective presences in new and developing markets.

Bombardier Aerospace

As the world’s third largest civil aircraft manufacturer, Bombardier Aerospace is a leader in the design and manufacture of innovative aviation products and services for the business, regional and amphibious aircraft markets. Headquartered in Montréal, Canada, its revenues amounted to $9.4 billion US and its backlog reached $16.7 billion US as at January 31, 2010.

Bombardier Aerospace has a strong commitment to innovation, based on more than 250 years of combined aerospace experience and heritage, brought about by the combination of Canadair, Short Brothers, de Havilland and Learjet and the 25 new aircraft programs brought to market since 1989.

Its business jets, regional jets, turboprops, and amphibious firefighters are celebrated worldwide for their reliable, superior performance. In addition, each aircraft has the support of world-class Bombardier technical and maintenance services on a global scale.

Over the years, Bombardier Aerospace has enjoyed considerable business success. Its industry-leading Learjet, Challenger and Global business jet families cover 95 per cent of the business aircraft market. In commercial aviation, with more than 1,525 CRJ Series regional jets delivered, the CRJ Series is the most successful regional aircraft program in history. The CSeries family of commercial aircraft is set to redefine the 100- to 149-seat category with operational flexibility, cost effectiveness and passenger comfort. It will be the most environmentally sensitive family of aircraft in its market segment.

Bombardier Aerospace’s production sites are situated in Canada, the U.S., the United Kingdom (Northern Ireland), and Mexico. It has a robust network of maintenance service centres, authorized service facilities, distribution centres, depots for spare parts, and sales and marketing offices worldwide.

Bombardier Transportation

Bombardier Transportation entered the mass transit market in 1974 with a first contract for the Montréal metro. In 2001, Bombardier Transportation became the world leader in the rail transportation equipment manufacturing and servicing industry, following the acquisition of DaimlerChrysler Rail Systems GmbH (Adtranz). Serving a diversified customer base around the world, Bombardier Transportation’s wide range of products includes passenger rail vehicles and total transit systems. It also manufactures locomotives, bogies, propulsion and controls and provides rail control solutions.

Bombardier Transportation covers the full spectrum of railway solutions, ranging from complete trains to subsystems, maintenance services, system integration and signalling. Its installed rolling stock product base exceeds 100,000 rail cars and locomotives worldwide. Bombardier Transportation’s products include metro cars, light rail vehicles/trams, single and double-deck electric multiple units (EMUs), diesel multiple units (DMUs) and coaches, tilting trains, and high-speed and very high-speed trains. Bombardier Transportation also supplies complete transportation systems, from high-capacity urban transit systems to automated people movers. Bombardier Transportation provides highly complex rail solutions that incorporate a wide range of high-tech sub-systems, parts and components.

Headquartered in Berlin, Germany, Bombardier Transportation operates production facilities on five continents. Its annual segmented revenues totalled $10 billion US for the fiscal year ended January 31, 2010 and its backlog reached $27.1 billion US as at January 31, 2010.

Corporate Social Responsibility and Sustainability

Sustainability initiatives and corporate governance standards have always been an important part of how Bombardier conducts its business. In May 2007, the company published a Corporate Responsibility Roadmap to discuss how it formalized its approach to sustainable management, to advance Bombardier's economic viability, environmental stewardship and social accountability. In order to give a detailed portrait of its commitment to corporate social responsibility, Bombardier published in December 2008 its first company-wide Corporate Responsibility Report, presenting Bombardier’s approach to sustainability, its efforts and achievements, along with areas needing improvement.

Bombardier became a signatory to the United Nations Global Compact in March 2007, a voluntary initiative that promotes business leadership in support of the Global Compact's ten principles in the areas of human rights, labour standards, the environment and anti-corruption.

Bombardier has also been an index component of two of the Dow Jones Sustainability Indexes since 2007. The Dow Jones Sustainability World Index comprises the 300 leading sustainability companies worldwide and the Dow Jones Sustainability North America Index comprises the 100 leading sustainability companies in North America.

On the environmental front, the Corporation fosters environmental sustainability. To maximize its products’ environmental advantages, it builds energy efficiency into the design phase. Bombardier incorporates end-of-life considerations into product research and design. And it customizes its management systems and operations to minimize its environmental impacts, setting challenging targets that help the company continuously improve its environmental performance.

Giving something back to the communities where it operates is one social aspect of sustainability where Bombardier has a track record of leadership. At the forefront of these efforts is the J. Armand Bombardier Foundation, created in 1965 by the family of Bombardier's founder to carry on the humanitarian work he had begun. The Foundation focuses primarily on the areas of arts and culture, education, health and social services. Bombardier’s philanthropic activities are by no means limited to the Foundation. The Corporation itself, the respective business groups and individual sites around the globe are involved in several initiatives focusing on the support of youth and education, community outreach, science and technology, and arts and culture.

Board of Directors

Laurent Beaudoin, C.C., F.C.A.
Chairman of the Board of Directors, Bombardier Inc.

Pierre Beaudoin
President and Chief Executive Officer, Bombardier Inc.

André Bérard
Corporate Director

J.R. André Bombardier
Vice Chairman of the Board of Directors, Bombardier Inc.

Janine Bombardier
President and Governor, J. Armand Bombardier Foundation

L. Denis Desautels
Corporate Director

Thierry Desmarest
Corporate Director

Jean-Louis Fontaine
Vice Chairman of the Board of Directors, Bombardier Inc.

Daniel Johnson
Counsel, McCarthy Tétrault LLP

Jean C. Monty
Corporate Director

Carlos E. Represas
Chairman of the Board, Nestlé Group Mexico

Jean-Pierre Rosso
Chairman, World Economic Forum USA Inc.

Dr. Heinrich Weiss
Chairman and Chief Executive Officer, SMS GmbH

Corporate Officers

Pierre Beaudoin
President and Chief Executive Officer, Bombardier Inc.

Guy C. Hachey
President and Chief Operating Officer, Bombardier Aerospace

André Navarri
President and Chief Operating Officer, Bombardier Transportation

Pierre Alary
Senior Vice President and Chief Financial Officer

Richard C. Bradeen
Senior Vice President, Strategy and Corporate Audit Services and Risk Assessment

Daniel Desjardins
Senior Vice President, General Counsel

John Paul Macdonald
Senior Vice President, Human Resources and Public Affairs

Roger Carle
Corporate Secretary

Group Officers

Guy C. Hachey, President and Chief Operating Officer, Bombardier Aerospace

André Navarri, President and Chief Operating Officer, Bombardier Transportation

CRJ and CSeries are trademarks of Bombardier Inc. or its subsidiaries.

® Registered trademarks of Bombardier Recreational Products Inc.

Corporate Information on Stockhouse


Executives:

 Laurent  Beaudoin C.C., F.C.A.
Laurent Beaudoin C.C., F.C.A.
Chairman of the Board of Directors

Laurent Beaudoin was born in Laurier Station, Québec, in 1938. After obtaining a Bachelor of Arts degree from Sainte-Anne College in Nova Scotia, Mr. Beaudoin went on to complete a Master of Commerce degree at Université de Sherbrooke. He is a Chartered Accountant as well as a Fellow Chartered Accountant.

Mr. Beaudoin began his career in Québec City in 1961 with Beaudoin, Morin, Dufresne & Associés, Chartered Accountants. In 1963, after two years in private practice, he joined Bombardier Limited as Comptroller. He was appointed General Manager in 1964 and, in 1966, became President. In 1979, he became Chairman and Chief Executive Officer of Bombardier Inc. In 1999, Mr. Beaudoin became Chairman of the Board and of the Executive Committee, then Executive Chairman of the Board in 2002. In December 2004, Mr. Beaudoin was named Chief Executive Officer and, as such, chaired the Office of the President, to which were assigned the strategic and executive management responsibilities of the company. On June 4, 2008, Mr. Beaudoin handed over his responsibilities as chief executive officer to his son, but remains Chairman of the Board.

Mr. Beaudoin holds honorary doctorates from the following universities: Université de Montréal (Québec); York University (Toronto); in Business Administration from Université de Sherbrooke (Québec); in Economics from the University of Sainte-Anne (Nova Scotia); in Civil Law from Bishop’s University (Québec); in Science from Queen’s University, Belfast (Northern Ireland); in Law from the University of Toronto; in Engineering from Carleton University (Ottawa); in Law from McGill University in Montreal (Québec); and in Commerce from Concordia University (Québec). He is a Companion of the Order of Canada and an Officer of l’Ordre national du Québec.

In April 1991, Mr. Beaudoin received the Canadian Business Leader Award from the University of Alberta’s Faculty of Administration.

In September 1991, Mr. Beaudoin co-chaired the organization Regroupement Économie et Constitution and, in December, he was named CEO of the Year by The Financial Post and The Caldwell Partners. On April 30, 1992, Mr. Beaudoin was honoured as Canada’s International Executive of the Year by the International Chamber of Commerce. In October 1992, Mr. Beaudoin was inducted into the World Trade Hall of Fame by the World Trade Institute and the Greater Los Angeles World Trade Center Association.

On February 24, 1994, Mr. Beaudoin was named Aerospace Personality of the Year by the United Kingdom’s magazine Flight International and, on April 13, 1994, he received the 1993 Laureate Award in Aeronautics/Propulsion from Aviation Week & Space Technology Magazine. On May 9, 1995, Mr. Beaudoin received the C.D. Howe Award from the Canadian Aeronautics and Space Institute. On May 8, 1996, he received the 1996 Canadian Business Leadership Award from the Harvard Business Club of Toronto. As well, on April 3, 1997, Mr. Beaudoin received the 1997 Canadian Business Hall of Fame Award from Junior Achievement of Canada. On June 12, 1997, he was awarded the Prix de Carrière 1997 by the Conseil du Patronat du Québec. On October 26, 1997, he was named Personality of the Year during the Gala Excellence La Presse held in Montréal. On June 4, 1998, Mr. Beaudoin received the International Distinguished Entrepreneur Award from the University of Manitoba’s Faculty of Management. On December 4, 1998, Bombardier was given the Entreprise du siècle au Québec Award by Revue Commerce. In May 1999, Mr. Beaudoin was inducted into Canada’s Aviation Hall of Fame in Winnipeg, Manitoba and, on September 3, he was awarded the Golden Emblem of Merit from the Provincial Government of Upper Austria. On June 1, 2000, Bombardier was awarded the Visions 2000 — Grande entreprise by the Chambre de commerce du Québec. On October 18, 2000, Mr. Beaudoin received the Lifetime Achievement Award through the Ernst & Young Entrepreneur Of The Year 2000 program in Québec, Canada. On January 25, 2001, Mr. Beaudoin was awarded the Golden Honorary Medal for Duties to the City of Vienna by The City of Vienna. In August 2005, he received the Aguila Azteca Award from the President of Mexico. On May 25, 2006, the Canadian Youth Business Foundation presented him with the 2006 Lifetime Achievement Award. Mr. Beaudoin also received in October 2007 the Woodrow Wilson Award for Corporate Citizenship awarded by the Canada Institute of the Woodrow Wilson International Center for Scholars, based in Washington, D.C.

Since December 2003, he has served as Chairman of the Board of Bombardier Recreational Products Inc.

 Pierre  Beaudoin
Pierre Beaudoin
President and Chief Executive Officer

Pierre Beaudoin studied business administration at Brébeuf College and industrial relations at McGill University in Montréal.

President and Chief Operating Officer of Bombardier Recreational Products from April 1, 1996 to January 2001, Mr. Beaudoin was responsible for the overall operations of the group's six product lines: the marine products, including Sea‑Doo watercraft and sport boats, Ski-Doo snowmobiles, the Bombardier ATV, the Bombardier NV, and utility vehicles. In addition, his responsibilities included Bombardier-Rotax.

From January 1994 to April 1996, Mr. Beaudoin served as President of the Sea-Doo/Ski-Doo Division of Bombardier Inc. From June 1992 to January 1994, he was Executive Vice President of that division.

Previously, with the fusion of the marine products and snowmobile divisions in October 1990, Mr. Beaudoin had been named Vice President of Product Development for Sea-Doo/Ski-Doo. In 1985, Mr. Beaudoin helped to organize the Marine Products Division. Prior to joining Bombardier, he worked as the Canadian Customer Service Manager for BIC Sport Inc.

In February 2001, he was appointed President of Bombardier Aerospace, Business Aircraft, then in October 2001, President and Chief Operating Officer (COO). As COO, he was responsible for all operations and product divisions of Bombardier Aerospace, the world’s third largest civil aircraft manufacturer.

In December 2004, in addition to his duties as President and COO of Bombardier Aerospace, Mr. Beaudoin was appointed Executive Vice President of Bombardier Inc. joining Laurent Beaudoin, Chairman of the Board and Chief Executive Officer, and André Navarri, President of Bombardier Transportation, in the newly created Office of the President. At that time he became a member of the Board of Directors of the Corporation.

On June 4, 2008, Mr. Beaudoin was appointed President and Chief Executive Officer of Bombardier Inc.

 André  Navarri
André Navarri
President and Chief Operating Officer, Bombardier Transportation

Mr. Navarri holds an engineering degree from the École Centrale Paris.

Mr. Navarri began his career in consulting roles for SCET International in Brazil and EXA International in Brazil and Africa.

He joined Alstom Unelec in 1979 as an engineer in China and the Middle East, where he leveraged his engineering background and consulting experience. He then held senior positions at Alstom Unido in Indonesia, at Alstom Transmission and Distribution in France, and at Alstom Transport's equipment division, also in France.

From 1996 to 1999, he was President of the transportation division, during which time he led the business to the leading position in its sector. His achievements there included developing exports, systems, services and signalling; setting up new project management processes and performance monitors; improving purchasing efficiency and thereby reducing costs; improving profitability; and developing recurrent high margin activity.

Following this, Mr. Navarri was Chairman and CEO of automotive component supplier Valeo SA, where he developed new strategies for customer focus, innovation and cost reduction.

He then became President of Operations at Alcatel, where he was responsible for manufacturing operations, purchasing, business processes, information systems and quality.

In February 2004, André Navarri was appointed President of Bombardier Transportation.

In December 2004, in addition to his duties as President of Bombardier Transportation, Mr. Navarri was appointed Executive Vice President of Bombardier Inc. joining Laurent Beaudoin, Chairman of the Board and Chief Executive Officer, and Pierre Beaudoin, President and COO of Bombardier Aerospace, in the newly created Office of the President at the company's Corporate Office. He is also a member of the Board of Directors of the Corporation.

In May 2005, Mr. Navarri was named Chairman of the Association of the European Railway Industries (UNIFE).

In February 2008, André Navarri was appointed President and Chief Operating Officer, Bombardier Transportation.

 Guy C. Hachey
Guy C. Hachey
President and Chief Operating Officer, Bombardier Aerospace

A native of Charlemagne, Québec, Canada, Mr. Hachey holds a Bachelor's degree in Commerce (B.Comm.) from McGill University, Montréal, and a Master's degree in business administration (MBA) from Concordia University, Montréal. He completed the Tuck Executive Development Program at Dartmouth (New Hampshire).

He started his career 30 years ago in the automotive industry with General Motors (GM) where he held positions of increasing authority and complexity, first in Canada, then in the United States. In 1998, Delphi Automotive Systems spun off from GM and he joined the Delphi Corporation as President of its Chassis Systems Division. Before joining Bombardier, he held the combined positions of Vice-President, Delphi Corporation; President, Delphi Powertrain Systems — a $5.5 billion US business with 16 product lines, 30 plants and over 30,000 employees; President, Delphi Europe, Middle East and Africa as well as Executive Champion for Delphi Corporation's global manufacturing operations. In the latter capacity, he was responsible for the implementation of lean enterprise processes and common systems across more than 150 plants worldwide for all Delphi products.

Mr. Hachey heads the leadership team responsible for all operations and product business units of Bombardier Aerospace, a world-leading manufacturer of innovative products and services for the business, commercial and specialized aircraft markets.

Guy C. Hachey was appointed President and Chief Operating Officer on April 18, 2008. He replaces Pierre Beaudoin who takes over the position of President and Chief Executive Officer, Bombardier Inc.

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