Ms. Sophie Argiriou reports

GILDAN ACTIVEWEAR ANNOUNCES BOARD OF DIRECTOR NOMINATIONS

Gildan Activewear Inc.'s board of directors has nominated Shirley E. Cunningham and Patrik Frisk as director nominees to be voted on by the company's shareholders at its upcoming annual meeting of shareholders to be held on May 4, 2017, in Montreal, Que.

Ms. Cunningham is currently executive vice-president and chief operating officer, ag business and enterprise strategy, for CHS Inc., a global energy, grains and foods company. Prior to joining CHS Inc. in 2013, she was the chief information officer for Monsanto Company, and has more than 25 years of global experience in information technology and business management. Ms. Cunningham currently serves on the boards of Ardent Mills LLC and Ventura Foods LLC. Recently, she was also elected to the board of Kemira Oyj, a Finnish global chemicals company listed on the Nasdaq Helsinki. She holds a master's degree in business administration from Washington University in St. Louis.

Up until March 31, 2017, Mr. Frisk held the position of chief executive officer at The Aldo Group and was a member of its board of directors. He now assumes a consulting role. The Aldo Group is a global leading fashion retailer specializing in the design and production of quality, stylish and accessible footwear and accessories. Previously, Mr. Frisk was with the VF Corp., a global leader in branded lifestyle apparel, footwear and accessories, where he most recently served as coalition president of Outdoor Americas and prior to that as president of Timberland, and president of outdoor and action sports. He has also worked in the fabrics industry, starting his career with W.L. Gore & Associates, the makers of Gore-Tex. Mr. Frisk has pursued a number of entrepreneurial ventures and held various positions at companies globally.