CAE Financial and Business Overview

CAPITAL ALLOCATION STRATEGY Strong free cash flow generation Millions $600 $500 $400 $300 $200 $100 $0 FY18 FY19 FY20 FCF conversion 120% 115% 110% 105% 100% 95% 90% 85% 80% Free Cash Flow* Net cash provided by operating activities -FCF Conversion Rate* * Non-GAAP and other financial measures (see Appendix) 32 CAE Inc. Proprietary Information and/or Confidential CAE

View entire presentation