CAE Inc. announced senior leadership changes that support the Company's commitment to operational excellence and sharpened focus on core growth priorities. Pascal Grenier has been appointed President, Defense & Security, where he will oversee the global Defense portfolio. His mandate includes strengthening the Defense business to enable optimization and growth, driving a global portfolio through a unified go-to-market approach, and reaffirming CAE as a trusted defence partner to achieve faster, scalable mission readiness across the training ecosystem.

Mr. Grenier will also provide strategic oversight for the U.S. Defense & Security segment, enhancing alignment and cohesion across CAE's global defence operations. France Hébert, Vice President and General Manager, D&S Canada and International, will report to Mr. Grenier. The Company also announced that Merrill Stoddard is leaving CAE to pursue other opportunities, effective immediately.

Srini Dixit, currently serving as CAE Defense & Security CFO, will take on the additional responsibility as Interim Vice President and General Manager for CAE Defense & Security USA, until a permanent leader is confirmed. With CAE Defense & Security USA operating under a Special Security Agreement (SSA), Mr. Dixit will report directly to the CAE USA Board of Directors, with an indirect reporting line to Mr. Grenier. With more than 25 years at CAE, Mr. Grenier brings the depth, perspective, and operational expertise required to lead the Defense organization.

Throughout his CAE career, he has built and led some of the Company's most critical global operational functions ? from Engineering and Manufacturing to Sourcing/Procurement, Quality Assurance, Innovation, IT, and Digital Solutions ? serving all of CAE's business units.

He also gained significant Defense & Security experience, developing a strong command of program performance, mission-critical technologies, customer expectations, and what it takes to deliver complex defence programs with speed and rigour. Mr. Grenier has consistently strengthened the foundations of CAE's operations, expertise that will be essential to driving Defense growth at this pivotal moment.