Ms. Genevieve Gosselin reports

GILDAN INCLUDED ON THE DOW JONES SUSTAINABILITY INDEX FOR THE 11TH CONSECUTIVE YEAR

Gildan Activewear Inc. has been included on the Dow Jones Sustainability North America Index (DJSI North America) for its contining efforts toward ESG (environmental, social and governance) initiatives. This marks the 11th consecutive year the company has been included on the Dow Jones Sustainability Index (DJSI).

Gildan achieved the fifth-highest Corporate Sustainability Assessment score in the textiles, apparel and luxury goods industry, placing the company in the 98th percentile within its sector. This year, 190 companies were assessed in the textiles, apparel and luxury goods industry.

"Gildan's continued inclusion on the DJSI underscores our commitment to sustainability and highlights the ongoing efforts of our employees across our business," says Peter Iliopoulos, senior vice-president of taxation, sustainability, and governmental affairs, at Gildan. "This recognition reflects our commitment to our next-generation ESG strategy, which aims to create long-term value for our stakeholders and contribute to the well-being of our planet."

The DJSI follows a best-in-class approach, surveying companies from each industry and identifying sustainability leaders through the Corporate Sustainability Assessment. It represents the top 20 per cent of the largest 600 North American companies in the S&P Global Broad Market Index based on long-term economic, environmental and social criteria.

About Gildan Activewear Inc.

Gildan is a leading manufacturer of everyday basic apparel. The company's product offering includes activewear, underwear and socks, sold to a broad range of customers, including wholesale distributors, screen printers or embellishers, as well as to retailers that sell to consumers through their physical stores and/or e-commerce platforms and to global lifestyle brand companies. The company markets its products in North America, Europe, Asia Pacific and Latin America under a diversified portfolio of company-owned brands, including Gildan, American Apparel, Comfort Colors, Goldtoe and Peds, in addition to the Under Armour brand through a sock licensing agreement, providing exclusive distribution rights in the United States and Canada.

Gildan owns and operates vertically integrated, large-scale manufacturing facilities, which are primarily located in Central America, the Caribbean, North America and Bangladesh. Gildan operates with a strong commitment to industry-leading labour and environmental and governance practices throughout its supply chain in accordance with its comprehensive environmental, social and governance program embedded in the company's long-term business strategy.