Investors Shares & dividends Preferred shares, Series 2 Shares & Dividends, Preferred shares, Series 2 QUOTE CHARTS STOCK CALCULATOR Share information An unlimited number of Series 2 non‑voting preferred shares, without nominal or par value, issuable in series are authorized. PREFERRED SHARES 12,000,000 SERIES 2 CUMULATIVE REDEEMABLE PREFERRED SHARES Redemption Redeemable, at the Corporation’s option, at $25.50 Cdn per share. Conversion Convertible on a one‑for‑one basis, at the option of the holder, on August 1, 2022 and on August 1 of every fifth year thereafter into Series 3 Cumulative Redeemable Preferred Shares. Fourteen days before the conversion date, if the Corporation determines, after having taken into account all shares tendered for conversion by holders, that there would be less than 1,000,000 outstanding Series 2 Cumulative Redeemable Preferred Shares, such remaining number shall automatically be converted into an equal number of Series 3 Cumulative Redeemable Preferred Shares. Likewise, if the Corporation determines that on any conversion date, there would be less than 1,000,000 outstanding Series 3 Cumulative Redeemable Preferred Shares, then no Series 2 Cumulative Redeemable Preferred Shares may be converted. Dividend Since August 1, 2002, the variable cumulative preferential cash dividends are payable monthly on the 15th day of each month, if declared, with the annual variable dividend rate being equal to 80% of the Canadian prime rate. The dividend rate will vary in relation to changes in the prime rate and will be adjusted upwards or downwards on a monthly basis to a monthly maximum of 4% if the trading price of Series 2 Cumulative Redeemable Preferred Shares is less than $24.90 Cdn per share or more than $25.10 Cdn per share. Dividends Dividends on Bombardier securities are to be paid, subject to applicable law, if and when they are declared by the Corporation's Board of Directors. Please note that as of December 31, 2005, unless stated otherwise, all dividends paid by Bombardier on all of its common and preferred shares are considered "eligible dividends" as per the Canadian Income Tax Act and any corresponding provincial or territorial legislation. The same designation applies under the Quebec Taxation Act for dividends declared after March 23, 2006. The following lists the dividends declared by Bombardier's Board of Directors on the Corporation's securities. PAYMENT DATE DIVIDEND PAYMENT (IN $ CAN) EX-DATE RECORD DATE November 15, 2021 $0.0510 (based on an annual dividend rate equal to 100% of the Canadian prime rate (2.45%)) October 27, 2021 October 29, 2021 October 15, 2021 $0.0510 (based on an annual dividend rate equal to 100% of the Canadian prime rate (2.45%)) September 28, 2021 September 30, 2021 September 15, 2021 $0.0510 (based on an annual dividend rate equal to 100% of the Canadian prime rate (2.45%)) August 27, 2021 August 31, 2021 August 15, 2021 $0.0510 (based on an annual dividend rate equal to 100% of the Canadian prime rate (2.45%)) July 28, 2021 July 30, 2021 July 15, 2021 $0.0510 (based on an annual dividend rate equal to 100% of the Canadian prime rate (2.45%)) June 28, 2021 June 30, 2021 June 15, 2021 $0.0510 (based on an annual dividend rate equal to 100% of the Canadian prime rate (2.45%)) May 27, 2021 May 31, 2021 May 15, 2021 $0.0510 (based on an annual dividend rate equal to 100% of the Canadian prime rate (2.45%)) April 28, 2021 April 30, 2021 April 15, 2021 $0.0510 (based on an annual dividend rate equal to 100% of the Canadian prime rate (2.45%)) March 29, 2021 March 31, 2021 March 15, 2021 $0.0510 (based on an annual dividend rate equal to 100% of the Canadian prime rate (2.45%)) February 24, 2021 February 26, 2021 February 15, 2021 $0.0510 (based on an annual dividend rate equal to 100% of the Canadian prime rate (2.45%)) January 27, 2021 January 29, 2021 January 15, 2021 $0.0510 (based on an annual dividend rate equal to 100% of the Canadian prime rate (2.45%)) December 29, 2020 December 31, 2020 December 15, 2020 $0.0510 (based on an annual dividend rate equal to 100% of the Canadian prime rate (2.45%)) November 26, 2020 November 30, 2020 November 15, 2020 $0.0510 (based on an annual dividend rate equal to 100% of the Canadian prime rate (2.45%)) October 28, 2020 October 30, 2020 October 15, 2020 $0.0510 (based on an annual dividend rate equal to 100% of the Canadian prime rate (2.45%)) September 28, 2020 September 30, 2020 September 15, 2020 $0.0510 (based on an annual dividend rate equal to 100% of the Canadian prime rate (2.45%)) August 27, 2020 August 31, 2020 August 15, 2020 $0.0510 (based on an annual dividend rate equal to 100% of the Canadian prime rate (2.45%)) July 29, 2020 July 31, 2020 July 15, 2020 $0.0510 (based on an annual dividend rate equal to 100% of the Canadian prime rate (2.45%)) June 26, 2020 June 30, 2020 June 15, 2020 $0.0510 (based on an annual dividend rate equal to 100% of the Canadian prime rate (2.45%)) May 27, 2020 May 29, 2020 May 15, 2020 $0.0510 (based on an annual dividend rate equal to 100% of the Canadian prime rate (2.45%)) April 28, 2020 April 30, 2020 April 15, 2020 $0.0674 (based on an annual dividend rate equal to 100% of the Canadian prime rate (3.235%)) March 27, 2020 March 31, 2020 March 15, 2020 $0.0823 (based on an annual dividend rate equal to 100% of the Canadian prime rate (3.95%)) February 26, 2020 February 28, 2020 February 15, 2020 $0.0823 (based on an annual dividend rate equal to 100% of the Canadian prime rate (3.95%)) January 29, 2020 January 31, 2020 January 15, 2020 $0.0823 (based on an annual dividend rate equal to 100% of the Canadian prime rate (3.95%)) December 27, 2019 December 31, 2019 December 15, 2019 $0.0823 (based on an annual dividend rate equal to 100% of the Canadian prime rate (3.95%)) November 27, 2019 November 29, 2019 November 15, 2019 $0.0823 (based on an annual dividend rate equal to 100% of the Canadian prime rate (3.95%)) October 29, 2019 October 31, 2019 October 15, 2019 $0.0823 (based on an annual dividend rate equal to 100% of the Canadian prime rate (3.95%)) September 26, 2019 September 30, 2019 September 15, 2019 $0.0823 (based on an annual dividend rate equal to 100% of the Canadian prime rate (3.95%)) August 28, 2019 August 30, 2019 August 15, 2019 $0.0823 (based on an annual dividend rate equal to 100% of the Canadian prime rate (3.95%)) July 29, 2019 July 31, 2019 July 15, 2019 $0.0823 (based on an annual dividend rate equal to 100% of the Canadian prime rate (3.95%)) June 26, 2019 June 28, 2019 June 15, 2019 $0.0823 (based on an annual dividend rate equal to 100% of the Canadian prime rate (3.95%)) May 29, 2019 May 31, 2019 May 15, 2019 $0.0823 (based on an annual dividend rate equal to 100% of the Canadian prime rate (3.95%)) April 26, 2019 April 30, 2019 April 15, 2019 $0.0823 (based on an annual dividend rate equal to 100% of the Canadian prime rate (3.95%)) March 27, 2019 March 29, 2019 March 15, 2019 $0.0823 (based on an annual dividend rate equal to 100% of the Canadian prime rate (3.95%)) February 26, 2019 February 28, 2019 February 15, 2019 $0.0823 (based on an annual dividend rate equal to 100% of the Canadian prime rate (3.95%)) January 29, 2019 January 31, 2019 January 15, 2019 $0.0823 (based on an annual dividend rate equal to 100% of the Canadian prime rate (3.95%)) December 27, 2018 December 31, 2018 DIVIDENDS FOR 2002-2018 Redemption features: Series 2 preferred shares are redeemable at Bombardier Inc.'s option at $25.00 per share on August 1, 2002 or at $25.50 per share thereafter. Conversion features: Series 2 preferred shares are convertible on a one-for-one basis on August 1, 2012 and on August 1 of every fifth year thereafter into Series 3 preferred shares. Fourteen days preceding a conversion date, if the number of Series 2 preferred shares outstanding is less than 1,000,000 shares, they will automatically be converted into an equal number of Series 3 preferred shares. Dividends: As of September 15, 2002, dividends are payable monthly, if declared, with the annual floating dividend rate on Series 2 preferred shares equal to 80% of the Canadian prime rate for the first payment. The dividend rate will float in relation to changes in the prime rate and will be adjusted upwards or downwards on a monthly basis to a monthly maximum fluctuation of 4%, if the trading price of the Series 2 preferred shares is less than $24.90 per share, or more than $25.10 per share. The annual dividend rate applicable in a month will in no event be less than 50% of prime or greater than prime. The dividend amount on the Series 2 preferred shares is obtained by multiplying the par value of the shares ($25.00) by the determined percentage rate (i.e. 80%) multiplied by the prime rate on the specific month (i.e. 4.5%), which results in a yearly dividend, which is then divided by 12 to get the monthly dividend. For example, in September, the prime rate was 4.5%. Therefore, the dividend amount paid for this specific month was $0.075 ($25.00 times 80% of 4.5% results in a yearly dividend of $0.90, which is then divided by 12). In October, the prime rate was 4.5%. Because the share price was below $24.90, the percentage of prime paid increased by 4% to 84% and the dividend amount paid for this specific month was $0.07875 ($25.00 times 84% of 4.5%, which is then divided by 12). 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