Gildan Activewear : Donates $570,000 to Refurbish Majoncho Sosa Community Park in Honduras

Gildan Donates $570,000 to Refurbish Majoncho Sosa Community Park in Honduras

Montreal, Quebec, Tuesday, May 15, 2018 - Gildan Activewear Inc. (GIL: TSX and NYSE) is announcing the opening of a newly refurbished community park in San Pedro Sula, Honduras, which was inaugurated yesterday by President Juan Orlando Hernández,

Gildan representatives and members of the community. This park is the largest in the city, and second largest in the country, providing a modern, multi-sport recreational space to unite families and promote sporting activity as part of the "Parques para una

Vida Mejor" (Better Life Parks) program.

"We are very pleased to be able to help promote exercise and sport as a healthy lifestyle alternative to the citizens of San Pedro Sula," said Claudia Sandoval, Vice President, Corporate Citizenship. "We believe that active living through sport and fitness can provide a healthy outlet for youth, create a greater sense of community and encourage people to improve their physical health. The recreational sports facilities can provide a safe place for families and members of the community to play and be together in a positive environment."

The "Parques para una Vida Mejor" (Better Life through Parks) program created by the government in partnership with the private sector aims to recover public spaces encouraging citizen coexistence and healthy recreation. This is the 55th park to be inaugurated nationally and the investment of $570,000 USD was donated by Gildan, the largest private employer in the area. The facility features energy efficient LED lighting and has multi-purpose fields, playgrounds, a running track, kiosks for the sale of food, bathrooms, as well as rest zones and green picnic areas.

The creation of these multi-sport recreational areas will offer youth avenues for recreation and positive interaction, leading them towards sports and fitness as an outlet. The parks also serve to provide safe, open spaces where people can pursue physical activity, towards the prevention of disease and overall improvement in the health of the population of Honduras.

About Gildan

Gildan is a leading manufacturer of everyday basic apparel which markets its products in North America, Europe, Asia-Pacific and Latin America, under a diversified portfolio of Company-owned brands, including Gildan®, American Apparel®, Comfort Colors®,

Gildan® Hammer™, Gold Toe®, Anvil®, Alstyle®, Secret®, Silks®, Kushyfoot®, Secret Silky®, Therapy Plus™, Peds® and MediPeds®, and under the Under Armour® brand through a sock licensing agreement providing exclusive distribution rights in the United States and Canada. Our product offering includes activewear, underwear, socks, hosiery and legwear products sold to a broad range of customers, including wholesale distributors, screenprinters or embellishers, as well as to retailers that sell to consumers through their physical stores and/or e-commerce platforms. In addition, we sell directly to consumers through our own direct-to-consumer platforms.

Gildan owns and operates vertically-integrated, large-scale manufacturing facilities which are primarily located in Central America, the Caribbean Basin, North America, and Bangladesh. With over 50,000 employees worldwide Gildan operates with a strong commitment to industry-leading labour and environmental practices throughout its supply chain in accordance with its comprehensive Genuine Responsibility™ program embedded in the Company's long-term business strategy. More information about the Company and its corporate citizenship practices and initiatives can be found atwww.gildancorp.comandwww.genuinegildan.com, respectively.

Investor inquiries:

Sophie Argiriou

Vice-President, Investor Communications (514) 343-8815

sargiriou@gildan.com

Media inquiries: Garry Bell

Vice-President, Corporate Communications and Marketing 514-744-8600gbell@gildan.com