Mr. Jean Marc Huot reports

AIR CANADA ANNOUNCES ELECTION OF DIRECTORS

All of the nominees identified in Air Canada's management proxy circular dated March 21, 2023, were elected as directors of Air Canada at its annual meeting of shareholders held Friday, May 12, 2023.

All the nominees have already been serving as directors of Air Canada, except for Claudette McGowan. Air Canada is pleased to welcome Ms. McGowan to its board of directors. Ms. McGowan is a global information technology leader and chief executive officer for Protexxa Inc., a Canadian-based cybersecurity software and services company. Ms. McGowan has also worked in the technology industry for several organizations such as Deloitte, Metropolitan Police Services, North York General Hospital, Bank of Montreal and The Toronto-Dominion Bank.

Each of the directors was elected by a majority of the votes cast by shareholders present on-line or represented by proxy at the meeting. The results of the vote are detailed in the attached table.

  
Nominee                 Votes for    % for   Votes against   % against

Amee Chande           117,059,337   99.07%       1,095,570       0.93%
Christie J.B. Clark   112,883,616   95.54%       5,271,291       4.46%
Gary A. Doer          116,386,774   98.50%       1,767,893       1.50%
Rob Fyfe              117,235,435   99.22%         919,472       0.78%
Michael M. Green      113,253,164   95.85%       4,901,743       4.15%
Jean Marc Huot        112,750,857   95.43%       5,404,050       4.57%
Claudette McGowan     117,254,463   99.24%         899,444       0.76%
Madeleine Paquin      115,483,462   97.74%       2,671,445       2.26%
Michael Rousseau      115,718,987   97.94%       2,435,920       2.06%
Vagn Sorensen         106,765,793   90.36%      11,389,204       9.64%
Kathleen Taylor       115,277,793   97.56%       2,877,114       2.44%
Annette Verschuren    114,111,052   96.58%       4,043,945       3.42%
Michael M. Wilson     114,546,998   96.95%       3,607,999       3.05%


  

Final voting results on all matters voted on at the meeting are being filed on SEDAR.

About Air Canada

Air Canada is Canada's largest airline, the country's flag carrier and a founding member of Star Alliance, the world's most comprehensive air transportation network. Air Canada provides scheduled service directly to more than 180 airports in Canada, the United States and internationally on six continents. It holds a four-star ranking from Skytrax. Air Canada's Aeroplan program is Canada's premier travel loyalty program, where members can earn or redeem points on the world's largest airline partner network of 45 airlines, plus through an extensive range of merchandise, hotel and car rental rewards. Its freight division, Air Canada Cargo, provides air freight lift and connectivity to hundreds of destinations across six continents using Air Canada's passenger and freighter aircraft. Air Canada has committed to a net-zero emissions goal from all global operations by 2050. Air Canada shares are publicly traded on the Toronto Stock Exchange in Canada and the OCTQX in the United States.