CAE Financial and Business Overview

CIVIL AVIATION TRAINING SOLUTIONS Market drivers 12 • • • • Demand Drivers Rigorous industry regulations and secular growth in air travel Safety and efficiency imperatives, including maintenance of time-bound flight crew, new training requirements and enhanced safety management systems Pilot churn and new pilot demand Expected LT growth from new aircraft deliveries and renewal of fleet Need for innovative solutions to drive greater operational efficiency Enhanced safety management systems for aircraft operators + · . . Profitability Drivers Favourable business mix drivers, including large market headroom in training services Potential to increase ratio of wet vs dry training in commercial training Expansion of operational support offering by leveraging advanced analytics, software solutions and other digital technologies Operational excellence programs expected to realize significant annual recurring cost savings across whole organization, commencing in fiscal year 2022 and ramping up to a run rate of ~$65 to $70M company-wide Training outsourcing and partnerships CAE's Civil Aviation Training Solutions segment is positioned as a gateway in a highly regulated, secular growth market, and it has significant headroom for growth CAE Inc. Proprietary Information and/or Confidential CAE

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