Tokyo, April 1, 2020 - This morning Mitsubishi Heavy Industries, Ltd. (MHI) Group President and CEO Seiji Izumisawa released a video message of welcome and encouragement to the company's newly joining employees. The video format was chosen after the traditional welcoming ceremony was canceled this year to prevent spread of the novel coronavirus. Mr. Izumisawa called on the new employees to prepare themselves fully as members of MHI Group, and he expressed robust hopes and expectations for their active participation and contributions.

･ High-efficiency power generating units built on M701S (DA) X series gas turbines effectively utilize steelworks gas emissions ･ Third order from Baotou Steel Group, reflecting strong confidence of MHPS' technology

･ The world’s first 6-stand tandem cold mill with Hyper UC-mills in all stands ･ Equipped with work roll shift function to enable precise edge profile control of electrical steels ･ Enables Shougang Qian’an to meet the growing demand for electrical steels

･ Combined cycle operations scheduled to begin in November 2023 ･ Total plant output to increase 50%, from the current 600 MW to 900 MW

Tokyo, May 7 (Montreal, May 6), 2020 – Mitsubishi Heavy Industries, Ltd. (MHI) (TOKYO:7011) and Bombardier Inc. (Bombardier) (TSX: BBD.B) of Canada have agreed that all closing conditions have been met and the transaction pertaining to the acquisition of Canadair Regional Jet (CRJ) Program will close on June 1, 2020. The Program will be operated under the newly created group entities of MHI RJ Aviation Group (MHIRJ) and will commence upon closing.

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Gefion has disagreed with the decision, as the regulator points to issues with one of the provider's reinsurance contracts.