Investor Presentation

CAPITAL ALLOCATION PRIORITIES Attractive compound growth Incremental Pre-tax Return % on Organic Capital Deployed in Civil Training** 30% 20% 10% 0% 15% 8% (FY17-FY21) 35% 31% 29% 29% 27% 14% 10% 3% 5% 4% 2% 1% 0% FY17 FY18 FY19 FY20 FY21 ■FY17 Deployments Total FY18 Deployments Total FY19 Deployments Total FY20 Deployments Total FY21 Deployments Total $578M+ organic capital investment from FY17-FY21 to deploy 67+ FFSS* within CAE's Civil commercial and business aviation training network Organic growth capital deployed in Civil over the last five years has increased the base of recurring revenues and has been highly accretive *Non-GAAP and other financial measures **Defined as the operating profit of the FFSs divided by the investment in FFSS* by year of deployment 30 CAE Inc. Proprietary Information and/or Confidential CAE

View entire presentation