Mr. Matthew Bromberg reports

CAE PURSUES STRATEGIC ALTERNATIVES FOR FLIGHTSCAPE

CAE Inc. is pursuing strategic alternatives for Flightscape, its aviation software business, as part of its continuing portfolio optimization and disciplined approach to capital allocation to drive long-term shareholder value.

This step follows CAE's portfolio assessment completed earlier this year and reflects the maturity of Flightscape as a stand-alone, high-growth software business.

This transaction intends to position Flightscape for its next phase of growth while enabling CAE to sharpen its focus on its core simulation and training capabilities and long-term value creation. CAE will actively assess a full range of options, including strategic partnerships, minority or majority investment, a sale, or other alternatives that are determined to be in the best interests of CAE and its stakeholders.

"Earlier this year, we completed a comprehensive review of our portfolio to ensure our capital, leadership attention and strategic focus are aligned with where CAE can create the most value," said Matthew Bromberg, president and chief executive officer of CAE. "That review reinforced our conviction in Flightscape as a strong, differentiated business that may be better positioned for its next chapter through alternative ownership or partnership structures. This is a deliberate, disciplined step focused on long-term value creation -- for shareholders, customers and employees."

Flightscape is a high-growth, cloud-native SaaS (software-as-a-service) platform supporting the global aviation ecosystem through advanced planning, operations control and decision-support solutions. The business has benefited from sustained investment, experienced leadership and continued customer adoption, and CAE believes it is well positioned to build on these strengths. Flightscape is trusted by many of the world's leading airlines and is supported by a global team of more than 600 professionals across the Americas, Europe and Asia.

About Flightscape

Flightscape -- Powered by CAE is a cloud-native SaaS platform that supports airline operations through advanced planning, operations control and decision-support solutions. Trusted by the world's leading airlines, Flightscape is supported by a team of more than 600 professionals across the Americas, Europe and Asia.

About CAE Inc.

At CAE, the company exists to make the world safer. CAE delivers cutting-edge training, simulation and critical operations solutions to prepare aviation professionals and defence forces for the moments that matter. Every day, CAE empowers pilots, cabin crew, maintenance technicians, airlines, business aviation operators, and defence and security personnel to perform at their best and when the stakes are the highest. Around the globe, the company is everywhere customers need the company to be with around 240 sites and training locations in over 40 countries. For nearly 80 years, CAE has been at the forefront of innovation, consistently seeking to set the standard by delivering excellence in high-fidelity flight simulators and training solutions, while embedding sustainability at the heart of everything the company does. By harnessing technology and enhancing human performance, CAE strives to be the trusted partner in advancing safety and mission readiness -- today and tomorrow.

We seek Safe Harbor.