Mr. Eddy Doyle reports

CANADA JETLINES SIGNS CONTRACT WITH THIRD CANADIAN CFL TEAM TORONTO ARGONAUTS

Canada Jetlines Operations Ltd. has signed a contract to provide aircraft and crew to the Toronto Argonauts for their regular season games. The contract will see Canada Jetlines fly the team to select away games during the 2023 season. This represents the third such agreement with the other two being the previously announced agreements with the Ottawa Redblacks and Hamilton Tiger-Cats.

"Canada Jetlines are very pleased to have been selected for this contract with the Toronto Argonauts, an iconic Canadian sports franchise celebrating their 150th anniversary, with a rich history dating back to 1873. We are particularly excited about this relationship as we share some of the same qualities with the Toronto Argonauts such as teamwork, grit and passion. Canada Jetlines has seen continuous growth in demand for its Charter and ACMI (aircraft, crew, maintenance and insurance) business which complements our schedule service to leisure destinations," said Canada Jetlines chief executive officer and president, Eddy Doyle.

"We are looking forward to the 2023 CFL season and our new service relationship with Canada Jetlines," said Alex Russell, director of football operations and national scout for the 2022 Grey Cup Champion Toronto Argonauts.

Canada Jetlines has completed approximately 340 charter and ACMI flights already since the beginning of 2023 and expects to perform several additional charter flights in the coming months.

We seek Safe Harbor.