Stock Market SymbolsGIB.A (TSX)GIB (NYSE)cgi.com/newsroom MONTRÉAL, Canada LEINFELDEN-ECHTERDINGEN, Germany and GRANADA, Spain, March 21, 2025 /PRNewswire/ - CGI (TSX: GIB.A) (NYSE: GIB), one of the largest independent IT and business consulting services firms in the world, has completed the previously announced acquisition of Novatec by its wholly owned limited partnership, CGI Deutschland B.V. & Co. KG. Novatec is a leading digital services company in Germany and Spain. Founded in 1996, it offers a wide r ...

Core Viewpoint - CGI has announced the pricing of a US$650 million offering of senior unsecured notes, with a 4.95% annual interest rate, aimed at repaying existing debt and for general corporate purposes [1][2]. Group 1: Offering Details - The offering consists of 5-year senior unsecured notes, expected to close around March 14, 2025, subject to customary conditions [1]. - The net proceeds from the offering are anticipated to be approximately US$641.3 million after deducting fees and expenses [2]. - CGI plans to enter into a currency swap agreement to lower the Canadian dollar equivalent cost of borrowing to 3.7125% per annum [1]. Group 2: Regulatory Information - The notes will be offered to qualified institutional buyers in the U.S. under Rule 144A and outside the U.S. under Regulation S of the U.S. Securities Act [3]. - The notes have not been registered under the Securities Act and may not be sold in the U.S. without an exemption [4]. Group 3: Company Overview - CGI, founded in 1976, is one of the largest independent IT and business consulting firms globally, with 91,000 professionals [5]. - The company reported revenue of C$14.68 billion for Fiscal 2024 [5].

Core Points - CGI has been awarded the Sustainable IT label - Level 2, recognizing its commitment to sustainable digital practices across its operations in France, Luxembourg, Morocco, Romania, and Switzerland [1][2] - The company was previously awarded Level 1 in 2022 and is the first digital services firm with over 5,000 employees to achieve Level 2 [2] - The Sustainable IT label is based on guidelines from the Institut du Numérique Responsable, aimed at promoting responsible digital business practices [3] Company Initiatives - CGI's President for France and Luxembourg highlighted the company's initiatives, including training 9,000 employees in eco-design and collaborating with major clients like EDF to develop environmentally-friendly solutions [4] - A comprehensive audit conducted by Baker Tilly assessed CGI against 52 criteria, leading to a three-year progress plan focused on responsible design and the adoption of standards for responsible artificial intelligence [4][5] Strategic Focus Areas - The audit evaluated CGI in five main areas, including integrating digital responsibility into the organization's strategy and lifecycle management of digital services [5][7] - The company aims to promote sustainability throughout the lifecycle of its services, from purchasing to responsible management of equipment and data [7] Financial Overview - For fiscal 2024, CGI reported revenue of CA$14.68 billion, with shares listed on both the TSX and NYSE [8]

Group 1 - CGI has completed the acquisition of BJSS, a UK-based technology and engineering consultancy, to enhance its consulting-led services and drive innovation in cloud, AI, data analytics, and software engineering [1][2] - The acquisition will integrate BJSS's 2,400 professionals into CGI's global network, increasing CGI's UK workforce to over 8,500 and expanding service offerings in various sectors [2] - CGI aims to leverage BJSS's expertise to assist clients in navigating digital transformations and achieving strategic goals [2] Group 2 - CGI, founded in 1976, is one of the largest independent IT and business consulting firms globally, with a reported revenue of CA$14.68 billion for Fiscal 2024 [3] - The company operates with a local relationship model supported by a global delivery network, providing a comprehensive range of IT and business consulting services [3]

Core Insights - CGI has achieved Select partner program status from Databricks, highlighting its commitment to enhancing data analytics and AI capabilities for clients globally [1][2] - The partnership with Databricks has been ongoing for over five years, focusing on scalable data solutions that facilitate digital transformation across various sectors [2][3] - CGI's U.S. clients utilizing Databricks include major players in healthcare, energy, and banking, indicating a diverse application of advanced analytics [3] Company Overview - Founded in 1976, CGI is one of the largest independent IT and business consulting firms globally, with 91,000 professionals [4] - CGI reported revenue of CA$14.68 billion for Fiscal 2024, showcasing its significant market presence [4] - The company operates through a local relationship model supported by a global delivery network, aiding clients in digital transformation [4]

Core Insights - CGI has extended its partnership with the City of Springfield, Illinois, to upgrade the city's ERP system to a modern cloud platform powered by CGI Advantage, which aims to reduce risk and streamline operations [1][6]. Company Overview - CGI is one of the largest independent IT and business consulting services firms globally, founded in 1976, with 91,000 consultants and professionals [8]. - The company reported revenue of CA$14.68 billion for Fiscal 2024 and is listed on both the TSX and NYSE [8]. Upgrade Details - The upgrade to CGI Advantage will enhance user experience with intuitive features, improve accessibility, reduce training times, and eliminate manual processes [2][4]. - Key benefits of the upgrade include improved time and leave-tracking capabilities, simplified procurement, and support for a shared, multi-agency solution through a cloud-based architecture [3][5]. Strategic Impact - The transition to CGI Advantage aligns the City of Springfield's operations with modern best practices, enabling greater efficiency, accuracy, and transparency [6]. - The advanced platform will provide real-time analytics and embedded reporting, supporting faster decision-making across city departments [2][4].

Core Insights - CGI has been awarded the ACCA India Award 2024 for Excellence in Digital Transformation, recognizing its sustainable business practices and stakeholder value creation [1] - The CGI DigiOps approach integrates people, processes, and technologies to enhance operational efficiencies and user experiences, tailored to client needs [2] - CGI reported a revenue of CA$14.68 billion for Fiscal 2024, highlighting its position as one of the largest independent IT and business consulting firms globally [3] Company Overview - Founded in 1976, CGI employs 91,000 consultants and professionals worldwide, offering a comprehensive portfolio from strategic consulting to managed IT services [3] - CGI operates through a local relationship model supported by a global delivery network, facilitating digital transformation for clients [3] Service Offerings - CGI DigiOps provides an AI-powered service delivery model that integrates application and infrastructure management, aimed at accelerating transformation across various industries [2] - The service is currently implemented in sectors such as energy, utilities, and retail, focusing on insights-led digital operations to drive efficiencies and cost savings [2]

Group 1 - CGI has signed an agreement to acquire Novatec, an IT services firm specializing in agile software engineering and digital products, which will enhance CGI's presence in the automotive, manufacturing, and financial services sectors in Southern Germany and expand its footprint in Spain [1][2] - The acquisition will bring over 300 skilled IT and consulting experts from Novatec's eight offices in Germany and Spain to CGI, focusing on the automotive industry and e-mobility [1][2] - The transaction is expected to close in March 2025, pending regulatory approvals and customary closing conditions [1] Group 2 - Novatec, founded in 1996, offers a wide range of IT consulting and software development services, including digital strategies and cloud-based solutions, which will complement CGI's existing portfolio [2] - The combined expertise of CGI and Novatec aims to drive additional business value for clients in the automotive, manufacturing, and financial services industries [3] - CGI's acquisition will provide Novatec clients access to CGI's global capabilities and a broad range of end-to-end services and solutions [3] Group 3 - CGI operates 26 offices in Germany, enabling a proximity-based model for consulting services while leveraging its international presence [4] - CGI, founded in 1976, is one of the largest independent IT and business consulting firms globally, with 91,000 professionals and reported revenue of CA$14.68 billion for fiscal 2024 [5]

Group 1 - CGI held its Annual General Meeting of Shareholders on January 29, 2025, where all 14 proposed directors were elected by shareholders [1] - The voting results showed high approval rates for the directors, with François Boulanger receiving 99.55% of votes for and Stephen S. Poloz receiving 99.72% [1] - CGI is one of the largest independent IT and business consulting services firms globally, with a workforce of 91,000 professionals [2] Group 2 - CGI reported fiscal 2024 revenue of CA$14.68 billion, indicating strong financial performance [2] - The company offers a comprehensive portfolio of services, including strategic IT consulting, systems integration, and managed IT services [2] - CGI operates through a local relationship model supported by a global delivery network, facilitating digital transformation for clients [2]

First Quarter Fiscal 2025 Financial results and highlights For the three months ended December 31, 2024 and 2023 January 29, 2025 Forward-Looking Information and Statements Our presentations contain "forward-looking information" within the meaning of Canadian securities laws and "forward-looking statements" within the meaning of the United States Private Securities Litigation Reform Act of 1995 and other applicable United States safe harbours. All such forward-looking information and statements are made and ...