(Note: This is NOT an IPO. ATS Corp., a Canadian company, is offering common stock in the U.S. in a public offering in connection with its plan to list its stock on the New York Stock Exchange under the proposed symbol “ATS” – at the same time that it is offering stock in Canada. ATS Corp.’s stock already trades on the Toronto Stock Exchange (TSX) under the symbol “ATS” – and it will continue to do so after this offering. **ATS Corp. calls this offering its U.S. initial public offering. **IPOScoop is classifying this offering as an NYSE uplisting – and NOT an IPO –  because ATS Corp.’s common stock already trades on the Toronto Stock Exchange.)

We are an industry-leading automation solutions provider to many of the world’s most successful companies. We use our extensive knowledge base and global capabilities in custom automation, repeat automation, automation products and value-added solutions including pre-automation and after-sales services to address the sophisticated manufacturing automation systems and service needs of multinational customers in markets such as life sciences, transportation, food & beverage, consumer products, and energy.

In the fiscal year ended March 31, 2023 we reported record revenues, and we generated record Order Bookings. Our financial results for the year were also highlighted by an 11.5% increase in adjusted earnings from operations. Revenues for the fiscal year ended March 31, 2023 were C$2,577.4 million with adjusted earnings from operations of C$343.4 million. Order Backlog was C$2,153 million at March 31, 2023, up 49.7% from the previous year, and Order Bookings for the fiscal year ended March 31, 2023 were C$3,256 million, up 32.6% over the previous year.

 For customers that have decided to proceed with an automation project, we offer specialized equipment for specific applications and markets, as well as automation and integration services, including engineering design, prototyping, process verification, specification writing, software and manufacturing process controls development, equipment design and build, standard automation products/platforms, third-party equipment qualification, procurement and integration, automation system installation, product line commissioning, validation and documentation. Following the installation of custom automation, we may supply duplicate or similar automation systems that leverage engineering design completed in the original customer program. For customers seeking complex equipment production or build-to-print manufacturing, we provide value engineering, supply-chain management, integration and manufacturing capabilities, and other automation products and solutions.

**Note: Revenue is for the fiscal year that ended March 31, 2023.

(Note: ATS Corp. priced its U.S. public offering on May 24, 2023, at $41.00 – below its as-converted closing price of US$45.76 price (closing price on May 19, 2023, on the TSX) on 6.0 million shares – the same number of shares in the prospectus – to raise $246 million. The stock is expected to start trading Thursday (May 25, 2023) on the NYSE.    ATS Corp. filed its F-10 on May 23, 2023, the same date that it announced its offering (which the company calls its U.S. initial public offering) in the United States of 6.0 million shares. ATS Corp.’s common stock closed at US$45.76 (the U.S. price converted from the Canadian closing price of C$61.78) on May 19, 2023.)