Press Release

Issued by CAE Inc..

December 15, 2022

Marc Parent, CAE's president and chief executive officer, has accepted his Order of Canada insignia at an investiture ceremony that took place in Ottawa on December 14, in the presence of their Excellencies The Right Honourable Mary Simons, Governor General of Canada, and her spouse, Mr. Whit Fraser. Mr. Parent was officially named to the Order of Canada in November 2020 for his outstanding achievements, dedication to the community and service to the nation.

"Being appointed to the Order of Canada is the honour of a lifetime. I am truly humbled," said Mr. Parent. "I will wear the Order's insignia with great pride and recognition of the many people at CAE, within the aerospace industry and at charitable organisations with which I have worked, who have energised and motivated me every step of the way."

Mr. Parent has more than 35 years of experience in the aerospace industry. Since joining CAE in 2005, he has led CAE's growth beyond creating simulation products to providing solutions, services and technologies that enhance human performance, while always looking for innovative ways to give back to Canada. Under his leadership, CAE has become a Canadian symbol of excellence globally as the largest provider of civil aviation training services in the world and a global leader in training and mission support solutions for defence and security forces and healthcare sectors, with the ultimate objective of preparing people for the moments that matter.

Committed to building technology to accelerate the development and safe adoption of world-changing innovations, Mr. Parent led CAE to become the first Canadian aerospace company to achieve carbon neutrality in 2020.

Looking toward the future, Mr. Parent is leading CAE towards world-changing innovations that will make the future of the aerospace industry even more efficient, greener and safer than ever before.

Over the years, Mr. Parent has been honoured with numerous awards and recognitions, including being named Industry Leader of the Year by the Living Legends of Aviation, Québec's Air and Space Hall of Fame and a Knight of the Ordre national du Québec in 2022.