CGI (GIB) AGM 2025 summary

Opening remarks and agenda

• The meeting was conducted in both French and English, with simultaneous interpretation and interactive webcast features for voting and questions.

• The agenda included the presentation of financial results for fiscal 2024, election of directors, appointment of the auditor, a shareholder proposal, and a Q&A session.

• Notices and meeting materials were distributed using Canadian Notice and Access, ensuring all shareholders had access to relevant documents.

Financial performance review

• Fiscal 2024 revenue reached CAD 14.7 billion, up 2.7% year-over-year; contracts signed totaled CAD 16 billion, 109.3% of revenue.

• Earnings before tax were CAD 2.3 billion (13.6% margin); net earnings rose 3.8% with a margin of 11.5%.

• Diluted EPS was CAD 7.31, up 6.6%; adjusted diluted EPS was CAD 7.62, up 7.8%.

• Operating cash flow was CAD 2.2 billion (50% of revenue); ROI achieved was 16%.

• Q1 2025 revenue was CAD 3.8 billion, up 5.1% year-over-year; diluted EPS was CAD 1.92, up 15%.

Dividend announcements

• A dividend program was launched in the last quarter of fiscal 2024.

• The Board approved a quarterly cash dividend of CAD 0.15 per share, payable March 21, 2025.