ATS 2025年度报告

FORM 40-F [Check one] ☐REGISTRATION STATEMENT PURSUANT TO SECTION 12 OF THE SECURITIESEXCHANGE ACT OF 1934 OR ☒ANNUAL REPORT PURSUANT TO SECTION 13(a) OR 15(d) OF THESECURITIES EXCHANGE ACT OF 1934 For the fiscal year endedMarch 31, 2026Commission File Number001-41713 ATS CORPORATION (Exact name of Registrant as specified in its charter)Ontario, Canada (Province or other jurisdiction of incorporation or organization)3569 (Primary Standard Industrial Classification Code Number (if applicable)) 98-0149239 (I.R.S. Employer Identification Number (if applicable)) 730 Fountain Street NorthBuilding 3Cambridge, Ontario N3H 4R7(519) 653-6500 (Address and telephone number of Registrant’s principal executive offices) Corporation Service Company251 Little Falls DriveWilmington, DE 198081-800-927-9800 (Name, address (including zip code) and telephone number (including areacode) of agent for service in the United States) Securities registered or to be registered pursuant to Section 12(b) of the Act. Securities registered or to be registered pursuant to Section 12(g) of the Act. Not Applicable (Title of Class) (Title of Class) For annual reports, indicate by check mark the information filed with this Form: ☒Annual information form☒Audited annual financial statements Indicate the number of outstanding shares of each of the issuer’s classes of capital or common stock as of the close of the periodcovered by the annual report. 98,106,632Common Shares outstanding as of March31, 2026 Indicate by check mark whether the Registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the ExchangeAct during the preceding 12 months (or for such shorter period that the Registrant was required to file such reports) and (2) has beensubject to such filing requirements for the past 90 days. Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submittedpursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that theregistrant was required to submit such files). Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 12b-2 of the Exchange Act. Emerging growth company☐ If an emerging growth company that prepares its financial statements in accordance with U.S. GAAP, indicate by check mark if theregistrant has elected not to use the extended transition period for complying with any new or revised financial accountingstandards† provided pursuant to Section 13(a) of the Exchange Act.☐ † The term “new or revised financial accounting standard” refers to any update issued by the Financial Accounting Standards Boardto its Accounting Standards Codification after April 5, 2012. Indicate by check mark whether the registrant has filed a report on and attestation to its management’s assessment of theeffectiveness of its internal control over financial reporting under Section 404(b) of the Sarbanes-Oxley Act (15 U.S.C. 7262(b)) bythe registered public accounting firm that prepared or issued its audit report. ☒ If securities are registered pursuant to Section 12(b) of the Act, indicate by check mark whether the financial statements of theregistrant included in the filing reflect the correction of an error to previously issued financial statements. Indicate by check mark whether any of those error corrections are restatements that required a recovery analysis of incentive-basedcompensation received by any of the registrant's executive officers during the relevant recovery period pursuant to §240.10D-1(b). FORWARD-LOOKING STATEMENTS Certain statements in this annual report on Form 40-F (the “Annual Report”) of ATS Corporation (the “Company”, the “Registrant” or“ATS”), including the documents incorporated by reference herein, contains certain statements that may constitute forward-lookinginformation and forward-looking statements within the meaning of applicable Canadian and United States securities laws ("forward-looking statements"). All such statements are made pursuant to the “safe harbor” provisions of Canadian provincial and territorialsecurities laws and the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements include all statements thatare not historical facts regarding possible events, conditions or results of operations that ATS believes, expects or anticipates will ormay occur in the future, including, but not limited to: the value creation strategy; the ATS Business Model ("ABM"); the Company’sstrategy to expand organically and through development of new markets and business platforms, expanding service offerings,investment in innovation and product development, and strategic and disciplined acquisition, and the expected benefits to be derivedtherefrom; the development of the Company's digitalization capabilities; various market opportunities for ATS; potential impacts ofvariability in bookin