Trade Press Release

CAE to train AIR BUSAN pilots

Singapore, August 29, 2018 (NYSE: CAE; TSX: CAE) – CAE announced today at the 2018 Asia Pacific Airline Training Symposium (APATS) the signature of a new exclusive agreement with AIR BUSAN to support the airline’s Airbus A320 pilot training needs in the region. CAE will train the airline’s pilots starting in the fall of 2018 at the CAE Korea training centre.

“AIR BUSAN’s philosophy is to provide the highest level of safety to its customers. As such, we are honoured to select CAE as our training partner of choice to ensure our pilots receive a world-class training experience, leveraging the expertise of CAE instructors,” said Tae-Keun Han, Chief Executive Officer of AIR BUSAN. Left: Captain LEE Eung Don, AIR BUSAN General Manager of Flight Crew Training. “As the training partner of choice, we strongly believe that instructors play Right: Alexandre Prévost, CAE Vice- a fundamental role in the training quality that airlines expect, and we are President, Asia-Pacific. delighted that the expertise of our CAE instructors will be leveraged to train AIR BUSAN’s pilots,” said Nick Leontidis, CAE’s Group President, Civil Aviation Training Solutions. “We look forward to supporting AIR BUSAN’s training needs long into the future.”

AIR BUSAN is low-cost airline based in Busan, South Korea, and is a subsidiary of Asiana Airlines. Asiana Airlines and CAE share a long- standing relationship of more than 20 years, with the provision of training equipment and services as well as aviation recruitment services.

AIR BUSAN and CAE management teams.

About CAE CAE is a global leader in training for the civil aviation, defence and security, and healthcare markets. Backed by a record of more than 70 years of industry firsts, we continue to help define global training standards with our innovative virtual-to-live training solutions to make flying safer, maintain defence force readiness and enhance patient safety. We have the broadest global presence in the industry, with over 9,000 employees, 160 sites and training locations in over 35 countries. Each year, we train more than 120,000 civil and defence crewmembers and thousands of healthcare professionals worldwide. www.cae.com.

-30- CAE contacts:

General Media: Hélène V. Gagnon, Vice President, Public Affairs and Global Communications +1-514-340-5536, [email protected]

Trade Press Release

Trade Media: Frédéric Morais, Director, Marketing & Strategy, Civil Aviation Training Solutions +1-514-506-8331, [email protected]

Investor relations: Andrew Arnovitz, Vice President, Strategy and Investor Relations +1-514-734-5760, [email protected]