The purpose of this study is to investigate the effects of combined addition of Ca and Y on the precipitation and age-hardening behavior of an extruded AZ91 alloy by conducting the aging treatment at 200 ℃ for hot-extruded AZ91 and AZ91-0.3Ca-0.2Y alloys. In the AZ91 alloy, many Mg17Al12 discontinuous precipitate (DP) bands formed during air cooling immediately after extrusion are present, whereas in the AZ91-0.3Ca-0.2Y alloy, a few DP bands and numerous Al2Y, Al8Mn4Y, and Al2Ca phase particles are distributed along the extrusion direction. The peak-aging time of the AZ91-0.3Ca-0.2Y alloy is 16 hours, twice that of the AZ91 alloy. Although both alloys have similar hardness before aging treatment, the hardness after peak-aging treatment (i.e., peak hardness) of the AZ91-0.3Ca-0.2Y alloy is higher than that of the AZ91 alloy, as 93.1 and 88.7 Hv, respectively. The microstructures of both peak-aged alloys comprise DPs and continuous precipitates (CPs). However, the peak-aged AZ91-0.3Ca-0.2Y alloy has a smaller amount of DPs and a larger amount of CPs than the peak-aged AZ91 alloy. Additionally, the inter-particle spacings of DPs and CPs in the former are significantly narrower than those in the latter. These results demonstrate that the addition of small amounts of Ca and Y to a commercial AZ91 alloy considerably affects the formation rate, size, and amount of CPs and DPs during aging and resultant age-hardening behavior.