CAE (CAE) AGM 2025 summary

Opening remarks and agenda

• The meeting was held in a hybrid format, allowing both in-person and virtual participation, with proceedings in French and English.

• Introductions included outgoing and incoming CEOs, board members, and meeting moderators.

• The agenda covered financial statements, four resolutions, executive addresses, and a Q&A session.

Financial performance review

• Record revenue of CAD 4.7 billion was achieved, up 10% from the previous year.

• Adjusted segment operating income rose 33% to CAD 732 million; free cash flow reached CAD 814 million.

• Adjusted backlog increased 66% to CAD 20.1 billion, providing long-term stability.

• Civil aviation revenue grew 11% to CAD 2.7 billion; defense revenue rose 8% to CAD 2 billion.

Board and executive committee updates

• Calin Rovinescu transitioned to Executive Chairman, remaining engaged in strategy and stakeholder relations.

• Matthew Bromberg was appointed as the new President and CEO, following an international search.

• Sophie Brochu assumed the role of Lead Independent Director; three new directors joined since the last AGM.

• Recognition was given to outgoing directors and Marc Parent for his 16-year leadership.