2011 Annual Meeting of Shareholders

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Ami Norman
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1 2011 Annual Meeting of Shareholders

2 Lynton R. Wilson Chairman of the Board

3 2011 Annual Meeting of Shareholders

4 Call to Order

5 Constitution of Meeting

6 Appointment of Scrutineers

7 Establishment of Quorum

8 Meeting Regularly Constituted and Voting

9 Minutes of 2010 Annual Meeting

10 Financial Statements and Auditors Report

11 Chairman s Remarks

12 Election of Directors

13 Appointment of Auditors

14 Marc Parent President and Chief Executive Officer 14

15 Key for long-term success World-class innovation Focus on modelling and simulation Balanced revenue base Unmatched global footprint 15

16 World-class innovation Innovation is CAE s DNA with ~10% of revenue invested in R&D every year Augmented Engineering Environment360º Command Centre / True Airport Dynamic Synthetic Environment

17 Market recognition of our technology Civil Market 100% of contracts to design and manufacture 1 st simulators of new aircraft types Airbus 350 Mitsubishi Regional Jet ATR-600 Bombardier Learjet 85

18 Market recognition of our technologies Defence Market Boeing P-8 Hawker Beechcraft AT-6

19 19 Leader and trusted partner

20 20 Focus on modelling and simulation

21 Balance and diversification

22 Unique global presence >60 years Global First >30 years >60 years >30 years >40 years >20 years >30 years 22

23 Global First 7,500 employees Based in 25 countries Customers in 150 countries 23

24 Q1FY12 11 simulators sold mostly in emerging markets 24

25 Commercial aviation Significant expansion of training footprint in South America Four full-flight simulators in Brazil and Chile New training location in Peru Renewed long-term training agreements with

26 CAE Global Academy Global Academy Training school in Perth, Australia

27 Commercial aviation Three pivotal joint ventures

28 Business aviation Centres BURGESS HILL DALLAS DUBAI MORRISTOWN New centres AMSTERDAM MEXICO CITY SÃO PAULO ASIA 28

29 Helicopter aviation Centres ABERDEEN BENGALURU DUBAI MORRISTOWN PHOENIX SESTO CALENDE STAVANGER New centres SÃO PAULO TOLUCA ZHUHAI 29

30 Defence World leader in simulation based training for pilots > 50 nations > 25% market share FY2011 Order intake ~$1 billion (third year in a row) Key contract wins with 24 nations

31 Defence 10-year $250 million for aircrew training for KC-135 tanker aircraft

32 Defence Design and manufacture 2 MH-60R Seahawk helicopter trainers

33 Defence Provide maintenance and support services for M-346 full-mission simulators

34 Malaysia s Professional Way Defence Build a CAE 3000 Series AW139 full flight simulator Support AgustaWestland s new authorized training centre in Asia 34

35 Land training Defence United States Army 5 Abrams tank maintenance training systems CAE and Force Protection Industries Compete for Canadian Forces Tactical Armoured Patrol Vehicle project 35

36 Unmanned Aerial Systems Defence Exclusive teaming agreement with General Atomics Offer Predator to meet needs of Canadian Forces 36

37 New Core Markets Combined revenue of $38 million Notable inroads in both markets Mining Healthcare

38 Mining New Core Markets 175 new customer sites across 50 countries

39 Healthcare New Core Markets > 80 surgical simulators Launched CAE Caesar trauma patient simulator > 50 ultrasound simulators

40 Stéphane Lefebvre Vice President, Finance and CFO

41 FY2011 Highlights

42 Positioned for a strong future FY2011 Highlights Record backlog of $3.4 billion

43 Civil FY2011 Highlights Segment Operating Income $726 million $118 million Margin 16.2% Orders with expected value $878 million

44 Defence FY2011 Highlights Revenue Segment Operating Income $865 million $147.6 million Margin 17.1% Orders $939 million

45 FY2011 Highlights CAPEX $77 million for growth $38 million for maintenance Free cash flow $147 million Net debt to total capital 30%

46 Q1 FY2012 Highlights

47 Strong start Q1 FY2012 Highlights Revenue Net earnings $428 million $43 million Earning per share $

48 Civil Q1 FY2012 Highlights Segment Operating Margin 21.5% Revenues $210 million Orders $230 million Book-to-sales ratio 1.09x

49 Defence Q1 FY2012 Highlights Orders $210 million Book-to-sales ratio 1.02x Revenue $206 million Margin 14.2%

50 New Core Markets Q1 FY2012 Highlights Revenue 48% increase over last year Operating loss Continued to invest in the future $11.4 million $2.6 million 50

51 Highlights Q1 FY2012 Highlights Free cash flow ($88.5) million Lower cash provided by operating activities Negative movements in non-cash working capital CAPEX $19.6 million for growth $30.5 million

52 Highlights Conclusion Q1 FY2012 Highlights Good financial health Good overall results Strong balance sheet

53 Looking Forward

54 Looking forward Both our Civil and Defence segments well-positioned Successful in volatile market conditions by Being agile Financially prudent Well diversified Solid order backlog in Civil and Defence CAE s simulation solutions offer a way for customers to reduce training costs while maintaining readiness 54

year AirAsia ordered 200 revamped A320 jets American Airlines

55 Commercial aviation Looking forward Higher passenger demand and airline capacity 2x more orders in Paris than Farnborough last year AirAsia ordered 200 revamped A320 jets American Airlines ordered 460 narrow body aircraft Largest aircraft order in history

56 Commercial aviation Looking forward >23,000 pilots every year 56

57 Business Aviation Looking forward Market is improving Corporate profitability will be a key demand driver Well positioned overseas More than half of all aircraft orders and deliveries outside U.S.

58 Defence Looking forward Governments face budget pressures Particularly in U.S and Europe Well positioned on highly relevant platforms 58

59 Defence Looking forward Important footprint in the United States and Europe Well-established presence in growing key global markets Expect good order intake 59

60 Defence Looking forward Move training hours from aircraft to simulators in order to reduce cost CAE is part of the solution Maintain and improve mission readiness Lower cost 60

61 A strong company Civil: benefiting from market recovery and growth in emerging markets Defence: difficult market conditions Healthy backlog Well positioned in key growth defence markets Healthcare and mining: businesses still at their beginnings Building material and profitable businesses for CAE

62 Good growth ahead Diversified, strong and agile Strong management team Good track record in adapting to change Solid order backlog Good exposure in growth markets 62

63 Global First Team doing a great job Listening to customers Responding efficiently to their needs Thank you: CAE team members CAE Board Our shareholders

64 Marc Parent President and Chief Executive Officer 64

65 65 Shareholder Question Period

66 66 Termination of Meeting

67 2011 Annual Meeting of Shareholders

INVESTOR MEETING. CEO Airbus Group CEO Airbus CFO Airbus Group & Airbus. Tom Enders Fabrice Bregier Harald Wilhelm PARIS AIRSHOW 2015

INVESTOR MEETING. CEO Airbus Group CEO Airbus CFO Airbus Group & Airbus. Tom Enders Fabrice Bregier Harald Wilhelm PARIS AIRSHOW 2015 1 INVESTOR MEETING PARIS AIRSHOW 2015 Tom Enders Fabrice Bregier Harald Wilhelm CEO Airbus Group CEO Airbus CFO Airbus Group & Airbus PATH TO ENHANCED VALUE 2 Healthy commercial aircraft market Transformation