Oct. 12, 2023 -- Atlas Corp. (the "Company" or "Atlas") today announced that it will redeem all outstanding shares of its Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Shares, Series I, par value of $0.01 per share (the "Series I Preferred Shares"). All six million outstanding shares of the Series I Preferred Shares (CUSIP: Y0436Q158) will be redeemed at a price of $25.00 per share of Series I Preferred Shares on October 30, 2023 (the "Redemption Date"). The related notice of redemption will be deemed effective as of October 13, 2023. Regular dividends on the outstanding shares of the Series I Preferred Shares of $0.50 per share will be paid in cash separately on October 30, 2023, to holders of record as of the close of business on October 27, 2023, in the customary manner. January 29. 2020 -- On November 20, 2019, Seaspan Corporation (“Seaspan”) entered into an Agreement and Plan of Merger, as amended (the “Merger Agreement”), with Atlas Corp., a wholly owned subsidiary of Seaspan (“Atlas”), and Seaspan Holdco V Ltd., a wholly owned subsidiary of Atlas (“Merger Sub”), pursuant to which Seaspan will implement the holding company reorganization. If the holding company reorganization is completed, Merger Sub will merge with and into Seaspan (the “Merger”), and Seaspan will continue its corporate existence as the surviving corporation and will become a direct wholly owned subsidiary of Atlas. As a result, each outstanding (i) Class A common share of Seaspan (“Seaspan common share”), (ii) 7.95% Cumulative Redeemable Perpetual Preferred Share – Series D of Seaspan (“Seaspan Series D Preferred Share”), (iii) 8.25% Cumulative Redeemable Perpetual Preferred Share – Series E of Seaspan (“Seaspan Series E Preferred Share”), (iv) 8.20% Cumulative Redeemable Perpetual Preferred Share – Series G of Seaspan (“Seaspan Series G Preferred Share”), (v) 7.875% Cumulative Redeemable Perpetual Preferred Share – Series H of Seaspan (“Seaspan Series H Preferred Share”), and (vi) Fixed-To-Floating Cumulative Redeemable Perpetual Preferred Share – Series I of Seaspan (“Seaspan Series I Preferred Share” and together with Seaspan Series D Preferred Share, Seaspan Series E Preferred Share, Seaspan Series G Preferred Share, and Seaspan Series H Preferred Share, “Seaspan preferred share”) will be canceled. Atlas will issue, in respect of each canceled Seaspan common share, one common share of Atlas (“Atlas common share”) to the holder of such canceled Seaspan common share. In addition, Atlas will issue, in respect of each canceled (i) Seaspan Series D Preferred Share, one 7.95% Cumulative Redeemable Perpetual Preferred Share – Series D of Atlas (“Atlas Series D Preferred Share”), (ii) Seaspan Series E Preferred Share, one 8.25% Cumulative Redeemable Perpetual Preferred Share – Series E of Atlas (“Atlas Series E Preferred Share”), (iii) Seaspan Series G Preferred Share, one 8.20% Cumulative Redeemable Perpetual Preferred Share – Series G of Atlas (“Atlas Series G Preferred Share”), (iv) Seaspan Series H Preferred Share, one 7.875% Cumulative Redeemable Perpetual Preferred Share – Series H of Atlas (“Atlas Series H Preferred Share”), and (v) Seaspan Series I Preferred Share, one Fixed-To-Floating Cumulative Redeemable Perpetual Preferred Share – Series I of Atlas (“Atlas Series I Preferred Share” and together with Atlas Series D Preferred Share, Atlas Series E Preferred Share, Atlas Series G Preferred Share, and Atlas Series H Preferred Share, “Atlas preferred share”) to the holder of such canceled Seaspan Series D Preferred Share, Seaspan Series E Preferred Share, Seaspan Series G Preferred Share, Seaspan Series H Preferred Share and Seaspan Series I Preferred Share, respectively. Seaspan common shares and Seaspan preferred shares are listed on the New York Stock Exchange (the “NYSE”) under the symbols “SSW,” “SSW-D,” “SSW-E,” “SSW-G,” “SSW-H,” and “SSW-I,” respectively. Seaspan’s 7.125% Senior Notes due 2027, 5.500% Senior Notes due 2025 and the related guarantees , and 5.500% Senior Notes due 2026 and the related guarantees and together with 2027 Notes and 2025 Notes, are also listed on the NYSE under the symbols “SSWA,” “SSW25,” and “SSW26,” respectively. If the holding company reorganization is completed, Seaspan common shares, Seaspan preferred shares and the Notes will no longer be listed on the NYSE and will be deregistered under the Securities Exchange Act of 1934, as amended (the “Exchange Act”). Atlas will apply for the listing of Atlas common shares and Atlas preferred shares to be issued in connection with the holding company reorganization on the NYSE under the symbols “ATCO,” “ATCO-D,” “ATCO-E,” “ATCO-G,” “ATCO-H,” and “ATCO-I,” respectively. Atlas intends to apply to the Irish Stock Exchange plc, trading as Euronext Dublin, for 2025 Notes and 2026 Notes to be admitted to its official list and to trading on the Global Exchange Market.

QUANTUMONLINE.COM SECURITY DESCRIPTION:  Atlas Corp, formerly Seaspan Corp., 8.00% Series I Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Shares, redeemable at the issuer's option on or after 10/30/2023 at $25 per share plus accrued and unpaid dividends, and with no stated maturity. Cumulative distributions of 8.00% per annum ($2.00 per annum or $0.50 per quarter) will be paid quarterly on 1/30, 4/30, 7/30 & 10/30 to holders of record on the record date that will be the business day immediately prior to the payment date (NOTE: the ex-dividend date is one business day prior to the record date). From and including 10/30/2023 the dividend rate will be a floating rate equal to three-month LIBOR plus a spread of 5.008% per annum per $25.00 of liquidation preference per share. Dividends paid by these preference shares are eligible for the preferential income tax rate of 15% to a maximum of 20% depending on the holder's tax bracket (and under IRS specified holding restrictions) but, since they are issued by a foreign company, are NOT eligible for the dividends received deduction for corporate holders (see page30 of the prospectus for further information). This security was not rated by Moody’s or S&P at the time of its IPO. In regard to the payment of dividends and upon liquidation, the preferred shares rank junior to the company's senior debt, equally with other preferreds of the company, and senior to the common shares of the company. See the IPO prospectus for further information on the preferred stock by clicking on the ‘Link to IPO Prospectus’ provided below.

Stock Exchange	Cpn Rate Ann Amt	LiqPref CallPrice	Call Date Matur Date	Moodys/S&P Dated	Distribution Dates	15% Tax Rate
NYSE Chart	FixFloat $2.00	$25.00 $25.00	Called for 10/30/2023 None	NR NR 12/16/2022	1/30, 4/30, 7/30 & 10/30 Click for MW ExDiv Date Click for Yahoo ExDiv Date	YES

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HOME PAGE:     https://atlascorporation.com/
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Inv Rel Email Address	ir@atlascorporation.com
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Foreign Address and Phone Numbers

Address:   23 Berkeley Square, London, United Kingdom W1J 6HE
Main Phone Number	+44 20 7788 7819
Fax Number	+44 843 320 5270

Address and Phone Numbers

U.S. Representative	N.A.
Address:
Main Phone Number	Not Available
Fax Number	Not Available
Investor Relations   Robert Weiner	904-345-4939
Toll Free Phone Number	Unknown

CEO - Bing Chen

CFO - Graham Talbot