Groupe Aeroplan Inc.

Groupe Aeroplan Inc. is a leading international loyalty management corporation.

Groupe Aeroplan owns the Aeroplan program, Canada's premier loyalty program and Nectar, the United Kingdom's leading coalition loyalty program.

In the Gulf Region, Groupe Aeroplan owns 60 per cent of Rewards Management Middle East, the operator of Air Miles programs in the United Arab Emirates, Qatar and Bahrain.

Groupe Aeroplan also operates Insight & Communication, a customer-driven insight and data analytics company offering worldwide services to retailers and their suppliers.

Senior Management Team

• - Rupert Duchesne, President and Chief Executive Officer
• - David Adams, Executive Vice President & Chief Financial Officer
• - Liz Graham, Executive Vice President & Chief Operating Officer
• - Alex Moorhead, Executive Vice President & Chief Commercial Officer

"As a high-quality, growth-oriented, dividend-paying public corporation, we will intensify our pursuit of becoming the global leader in loyalty management. We are well positioned with a strong management team who will continue to focus on maximizing revenue and profit growth and building long-term synergies with our existing operations, in addition to growing our asset base through international business development." - Rupert Duchesne, President and CEO

History of Groupe Aeroplan

The Aeroplan Program was created in July 1984 by Air Canada as an incentive program for its frequent flyer customers. Aeroplan's operations were integrated with those of Air Canada until the end of 2001.

On January 1, 2002, Aeroplan was established as a wholly-owned limited partnership of Air Canada, with a dedicated management team focused on the development of the Aeroplan Program.

In June 2005, Aeroplan completed its initial public offering. The transaction raised $287.5 million at a 7% yield and earned Aeroplan an initial valuation of $2.0 billion, making it one of the largest business income trusts in Canada.

In December 2007, Aeroplan Income Fund acquired Loyalty Management Group (LMG), the leading loyalty marketing and customer-driven insight and analysis company that owns and operates Nectar, the United Kingdom's leading coalition loyalty program.

In June 2008, Aeroplan Income Fund converted into a growth-oriented, dividend-paying global loyalty management public corporation named "Groupe Aeroplan Inc".