Ms. Pauline Dhillon reports

CARGOJET ANNOUNCES TIMING OF SECOND QUARTER RESULTS & CONFERENCE CALL

Cargojet Inc., in conjunction with the release of its second quarter financial results, will host a conference call at 8:30 a.m. Eastern Standard Time (5:30 a.m. Pacific Daylight Time) on Monday, Aug. 14, 2023. Second quarter results will be released prior to the market opening on Aug. 14, 2023. The financial results will be released by news release as well as filed with SEDAR. The results will also be available on the company's website.

Ajay K. Virmani, president and chief executive officer, Scott Calver, chief financial officer, Sanjeev Maini, vice-president, finance, Jamie Porteous, chief commercial officer, and Pauline Dhillon, chief corporate officer of Cargojet, will review second quarter financial results and corporate developments.

To participate in this conference call, please dial the following number(s) approximately five minutes prior to the commencement of the call:

Local number: 416-340-2217

Toll-free number: 1-800-806-5484

Please reference participant code 4442583 followed by the pound key.

Should you be unable to participate, an instant replay will be available until Thursday, Sept. 14, 2023, by dialling:

Local number: 905-694-9451

Toll-free number: 1-800-408-3053

Access code: 4920963 followed by pound key

For any one-on-one calls please contact Mr. Maini to co-ordinate timing. Cargojet looks forward to having you participate in its call.