CGI (GIB) AGM 2026 summary

Opening remarks and agenda

• The meeting was opened with a welcome from the Board and management, conducted in both French and English, with simultaneous interpretation available.

• The agenda included financial results for fiscal year 2025, election of directors, appointment of the auditor, and shareholder proposals, followed by a Q&A session.

• Notices and meeting materials were distributed using Canadian Notice-and-Access rules, ensuring all shareholders received access to documents and voting instructions.

Financial performance review

• Fiscal year 2025 revenue increased by 8.4% (4.6% constant currency), with adjusted EBIT margin at 16.4%.

• Bookings reached $17.6 billion, up $1.5 billion year-over-year; cash from operations totaled $2.2 billion.

• In Q1 2026, revenue was $4.1 billion (up 7.7% year-over-year), with a book-to-bill ratio of 110% and a backlog of $31.3 billion.

• Adjusted EBIT for Q1 2026 was CAD 655 million (16.1% margin), and net earnings were CAD 442 million, with diluted EPS up 5.7% year-over-year.

• $614 million was returned to shareholders via buybacks and dividends in Q1 2026; a quarterly dividend of $0.17 per share was approved.

Board and executive committee updates

• Mr. Frank Witter did not stand for re-election after five years of service on the Board and Audit and Risk Management Committee.

• Thirteen nominees were proposed and subsequently elected to the Board.