Mr. Ajay Virmani reports

CARGOJET ANNOUNCES TIMING OF FIRST QUARTER CONFERENCE CALL

In conjunction with the release of its first quarter results, Cargojet Inc. will host a conference call at 8:30 a.m. Eastern Standard Time (5:30 a.m. Pacific Standard Time) on Monday, April 29, 2024. The first quarter will be released, prior to the market opening on Monday, April 29, 2024.

The financial results will be released on-line as well as filed with SEDAR+. The results will also be available on the company's website.

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

To participate in this conference call, please dial the following numbers approximately five minutes prior to the commencement of the call.

Local number:   416-340-2217

Toll-free number (Canada/United States):  1-800-806-5484

Participant passcode:  5679065 followed by the number sign

Should you be unable to participate, an instant replay will be available until Tuesday, May 28, 2024, 11:59 p.m., by dialling the following nunbers.

Local number:  905-694-9451

Toll-free number (Canada/United States):  1-800-408-3053

Access code:  3146612 followed by the number sign

For any one-on-one calls, please contact Mr. Calver to co-ordinate timing.

Cargojet looks forward to having you participate in the company's call.