Cae Inc.
A maker of flight simulators and pilot training, CAE builds the full-flight simulators that airlines and militaries use to train their crews, along with the courses that go with them. It began in 1947 when a former Royal Canadian Air Force officer set up shop in a vacant hangar near Montreal to repair military radios, and its name is simply short for Canadian Aviation Electronics.
The Reporting Person purchased the Common Shares for investment purposes. On February 13 2025, the Reporting Person entered into a Nomination Agreement (the "Nomination Agreement") with the Issuer. The Nomination Agreement provides that, for as long as the Reporting Person, together with its affiliates and group members, holds at least 5% of the outstanding Common Shares, the Reporting Person has the right, subject to certain terms and conditions, to nominate a candidate for election in connection with a proxy solicitation relating to the election of directors of the Company. The Reporting Person intends to nominate Louis Tetu for election as a director at the Issuer's 2025 annual general meeting of shareholders. The foregoing summary of the Nomination Agreement is not complete and is qualified in its entirety by reference to the full text of the Nomination Agreement, a summary translation of which is attached as Exhibit 3 and is incorporated by reference herein. The Reporting Person has not entered into any agreement with any third party to act together for the purpose of acquiring, holding, voting or disposing of the Common Shares reported herein.
| Holder | Schedule | % of class | Shares | Filed |
|---|---|---|---|---|
| BRANDES INVESTMENT PARTNERS, LP | 13GPassive | 5.8% | 17.30M | Aug 13, 2026 |
| 1832 Asset Management L.P. | 13G/APassive | 6.3% | 20.18M | Aug 12, 2026 |
| MD Financial Management Inc. | 13G/APassive | 0.1% | 236.1K | Aug 12, 2026 |
| SCOTIA CAPITAL INC. | 13G/APassive | 0.1% | 256.3K | Aug 12, 2026 |
| BlackRock, Inc. | 13GPassive | 5.02% | 16.17M | Jan 21, 2026 |
| MACKENZIE FINANCIAL CORP | 13G/APassive | 5% | 16.04M | May 13, 2025 |
| Caisse depot et placement du Quebec | 13DActivist | 9.7% | 30.92M | Feb 14, 2025 |
The Reporting Person purchased the Common Shares for investment purposes. On February 13 2025, the Reporting Person entered into a Nomination Agreement (the "Nomination Agreement") with the Issuer. The Nomination Agreement provides that, for as long as the Reporting Person, together with its affiliates and group members, holds at least 5% of the outstanding Common Shares, the Reporting Person has the right, subject to certain terms and conditions, to nominate a candidate for election in connection with a proxy solicitation relating to the election of directors of the Company. The Reporting Person intends to nominate Louis Tetu for election as a director at the Issuer's 2025 annual general meeting of shareholders. The foregoing summary of the Nomination Agreement is not complete and is qualified in its entirety by reference to the full text of the Nomination Agreement, a summary translation of which is attached as Exhibit 3 and is incorporated by reference herein. The Reporting Person has not entered into any agreement with any third party to act together for the purpose of acquiring, holding, voting or disposing of the Common Shares reported herein. | ||||