The Board of Directors of Cargojet Inc. has declared a cash dividend of $0.3146 per common voting share and variable voting share for the period from January 1, 2024 to March 31, 2024. The record date for determining shareholders of the Corporation entitled to receive payment of the dividend of the Corporation shall be March 20, 2024 and the payment date for such dividend shall be on or before April 5, 2024.