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CGI, a global end-to-end digital services leader September 30, 2025
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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 disclosed in reliance upon the safe harbour provisions of applicable Canadian and United States securities laws. Forward-looking information and statements include all information and statements regarding CGI’s intentions, plans, expectations, beliefs, objectives, future performance, and strategy, as well as any other information or statements that relate to future events or circumstances and which do not directly and exclusively relate to historical facts. Forward-looking information and statements often but not always use words such as “believe”, “estimate”, “expect”, “intend”, “anticipate”, “foresee”, “plan”, “predict”, “project”, “aim”, “seek”, “strive”, “potential”, “continue”, “target”, “may”, “might”, “could”, “should”, and similar expressions and variations thereof. These information and statements are based on our perception of historic trends, current conditions and expected future developments, as well as other assumptions, both general and specific, that we believe are appropriate in the circumstances. Such information and statements are, however, by their very nature, subject to inherent risks and uncertainties, of which many are beyond the control of CGI, and which give rise to the possibility that actual results could differ materially from our expectations expressed in, or implied by, such forward- looking information or forward-looking statements. These risks and uncertainties include but are not restricted to: risks related to the market such as the level of business activity of our clients, which is affected by economic and political conditions, additional external risks (such as pandemics, armed conflict, climate-related issues, inflation, tariffs and/or trade wars) and our ability to negotiate new contracts; risks related to our industry such as competition and our ability to develop and expand our services to address emerging business demands and technology trends (such as artificial intelligence), to penetrate new markets, and to protect our intellectual property rights; risks related to our business such as risks associated with our growth strategy, including the integration of new operations, financial and operational risks inherent in worldwide operations, legal and operational risks inherent in contracting with government clients, foreign exchange risks, income tax laws and other tax programs, the termination, modification, delay or suspension of our contractual agreements, our expectations regarding future revenue resulting from bookings and backlog, our ability to attract and retain qualified employees, to negotiate favourable contractual terms, to deliver our services and to collect receivables, to disclose, manage and implement environmental, social and governance (ESG) initiatives and standards, and to achieve ESG commitments and targets, including without limitation, our commitment to net-zero carbon emissions, as well as the reputational and financial risks attendant to cybersecurity breaches and other incidents, including through the use of artificial intelligence, and financial risks such as liquidity needs and requirements, maintenance of financial ratios, our ability to declare and pay dividends, interest rate fluctuations and changes in creditworthiness and credit ratings; as well as other risks identified or incorporated by reference in our presentations, in CGI’s quarterly MD&A and in other documents that we make public, including our filings with the Canadian Securities Administrators (on SEDAR+ at www.sedarplus.ca) and the U.S. Securities and Exchange Commission (on EDGAR at www.sec.gov). Unless otherwise stated, the forward-looking information and statements contained in our presentations are made as of the date hereof and CGI disclaims any intention or obligation to publicly update or revise any forward-looking information or forward-looking statements, whether as a result of new information, future events or otherwise, except as required by applicable law. While we believe that our assumptions on which these forward-looking information and forward-looking statements are based were reasonable as at the date hereof, you are cautioned not to place undue reliance on these forward- looking information or statements. Furthermore, you are reminded that forward-looking information and statements are presented for the sole purpose of assisting investors and others in understanding our objectives, strategic priorities and business outlook as well as our anticipated operating environment. You are cautioned that such information may not be appropriate for other purposes. Further information on the risks that could cause our actual results to differ significantly from our current expectations may be found in the section titled Risk Environment of CGI’s quarterly MD&A, which is incorporated by reference in this cautionary statement. We also caution that the above-mentioned risks and the risks disclosed in CGI’s quarterly MD&A and other documents and filings are not the only ones that could affect us. Additional risks and uncertainties not currently known to us or that we currently deem to be immaterial could also have a material adverse effect on our financial position, financial performance, cash flows, business or reputation. Please refer to the “Investors” section of CGI’s website at www.cgi.com to consult disclosure documents used by management when discussing CGI’s financial results with investors and analysts. All amounts are in Canadian dollars unless otherwise indicated. Non-GAAP and Other Key Performance Measures Definitions Non-GAAP financial measures and ratios used in this presentation: Constant currency revenue growth, adjusted EBIT, adjusted EBIT margin, net debt, net debt to capitalization ratio, return on invested capital (ROIC), adjusted net earnings, adjusted net earnings margin, and adjusted diluted earnings per share. CGI reports its financial results in accordance with International Financial Reporting Standards (IFRS Accounting Standards). However, management believes that these non-GAAP measures provide useful information to investors regarding the company's financial condition and results of operations as they provide additional measures of its performance. These measures do not have any standardized meaning prescribed by IFRS Accounting Standards and are therefore unlikely to be comparable to similar measures presented by other issuers and should be considered as supplemental in nature and not as a substitute for the related financial information prepared in accordance with IFRS Accounting Standards. Key performance measures used in this presentation: cash from operating activities as a percentage of revenue, bookings, book-to- bill ratio, backlog, days sales outstanding (DSO), earnings before income taxes margin and net earnings margin. The descriptions of these non-GAAP measures (and reconciliations to their closest IFRS Accounting Standards measures) and ratios and other key performance measures can be found on pages 3, 4, 5 and 6 of our F2025 MD&A dated September 30, 2025 (F2025 MD&A) which is posted on CGI's website, and filed with the Canadian Securities Administrators on SEDAR+ at www.sedarplus.ca and EDGAR at www.sec.gov. Note: All figures in Canadian dollars © 2025 CGI Inc. 2
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Company Highlights Global IT and Business Consulting Services Leader • Among the largest IT and business consulting services firms in the world • Proximity-based teams combined with an extensive global delivery network • Insights-driven end-to-end services and solutions to help clients design, implement, run and operate the technology critical to achieving their business strategies Diversified Across Geographies, Verticals and Clients • Diversified revenue base across 400 locations worldwide and 10+ industries to support growth in all economic conditions • Resilient business mix comprised of 55% Managed Services revenues and 45% SI&C • 5,500 clients benefiting from end-to-end services • Over 150 IP-based solutions serving 50,000 end clients Attractive Industry Fundamentals • Dynamic market and industry trends resulting in increasing client demand for ROI-led digitization • Present in all industry segments • Consultants and professionals with deep industry knowledge and technology expertise help client navigate complex challenges Clear Growth Strategies with Robust Financial Profiles • Proven Build and Buy profitable growth strategy: • Organic growth through new wins, extensions and renewals • Metro market and transformational acquisitions • Strong free cash flow generation • Solid balance sheet position with significant available liquidity—rated BBB+/A3 publicly • Conservative financial policies; proven ability to quickly de-lever balance sheet post acquisitions Stable End Markets with High Revenue Visibility • ~70% of IT spend globally occurs in geographies aligned to CGI’s client proximity footprint • Revenue visibility supported by a strong backlog ($31.5B or 2 years of revenue as of 9/30/2025) • Mission-critical nature of services results in sticky client base with historically high retention rate Highly Experienced Management Team • Founder-led vision with a culture of ownership and accountability • Teams operating where our clients live and work to build trusted relationships and to advance our shared communities. • Robust pipeline of leaders at all executive and management levels © 2025 CGI Inc. 3
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© 2025 CGI Inc. CGI at a glance Founded in 1976 50-year track record of increasing stakeholder value CA$15.9 billion revenue (Fiscal 2025) 94,000 consultants, with attrition below IT Services industry 400 locations in 40 countries 5,500 clients benefiting from end-to-end services 150+ IP-based solutions serving 50,000 clients © 2025 CGI Inc. 4
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© 2025 CGI Inc. 5 CGI’s proven track record: Consistently generating high cash flow and a strong balance sheet Since Fiscal 2005, share price up 14.3% CAGR and EPS up 15.1% CAGR F05 F06 F07 F08 F09 F10 F11 F12 F13 F14 F15 F16 F17 F18 F19 F20 F21 F22 F23 F24 F25 Delivering a high Return on Invested Capital for our Shareholders Adjusted EPS Cash provided by operating activities GIB-A.TO Share Price (as at Sep 30)
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© 2025 CGI Inc. 6 CGI’s Strategic Goals To be a world class, end-to-end IT and business consulting services leader1 recognized by our clients as their partner of choice for our commitment to their success and for our track record of outstanding delivery 2 as their expert of choice for the depth of our experience in their industry sectors and of our knowledge in information technology 3 recognized by our shareholders as a well-managed, financially strong company, providing superior returns 5 recognized by our CGI Partners as an empowering, collaborative environment in which to build a career and a company we can be proud of 4 recognized by our stakeholders as an engaged, ethical and responsible corporate citizen 6
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© 2025 CGI Inc. 7 CGI’s differentiators: Focusing on the interests of all stakeholders Attributes to successfully compete in this market Proven tools, solutions, methodologies • CGI’s proprietary Intellectual Property (IP) • Global Alliance Partnerships (3rd party IP) • CGI’s proprietary Industry Blueprints • Delivery methodologies and automations Accelerated value creation End-to-end services • Business Consulting • Strategic IT Consulting • Systems Integration • Managed Services • CGI Intellectual Property Holistic digital transformation A global footprint and industry sector diversification • Metro Markets • Industries • Consulting and Emerging Technology Practices • Global Delivery Centers of Excellence Insight and innovation World-class talent • CGI Management Foundation • Technical Expertise • Industry Knowledge • Consultative Approach • Project Rotations • Health and Wellbeing Quality delivery, ownership culture and M&A integration CGI Constitution • CGI Dream • Vision • Mission • Values Strong partnership: culture of trusted partner and expert CGI’s differentiators
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© 2025 CGI Inc. 8 CGI is well positioned in the IT Services industry Competitors CGI’s Differentiators Indian and select European firms Proximity-based model 76% of consultants are proximity-based, including 12% in nearshore delivery centers U.S. firms Onshore delivery maturity 8 U.S. onshore locations, with 2,000+ consultants 32 delivery centers in our global network Niche / boutique and local firms End-to-end capabilities and global scale 400 locations (6 metro market-based firms acquired over the last 2 years) Global firms IP and new digital capabilities 150+ IP-based solutions serving 50,000 clients 68 Emerging Technology Practices and Innovation Centers of Excellence CGI is one of few firms with the scale, reach, and capabilities to meet clients’ enterprise business and technology needs.
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© 2025 CGI Inc. 9 Fundamental elements of CGI’s proven operating model What gets measured and related results made visible gets done
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© 2025 CGI Inc. 10 CGI’s target revenue mix is designed to generate profitable growth Target Revenue Mix Systems Integration Managed Services Intellectual Property Business & Strategic IT Consulting 30% 60% 30% 10% Global IP30 target: 30% of revenues from IP Global portfolio aligned with industry priorities Accelerated and long-term growth of industry-led IP portfolios and strategies Unified approach A cohesive balance of business / commercial and technical perspectives Global and shared leadership A connected community with focus on increasing solution portability across borders Robust governance Strategy decisions based on IP insights and best-in-class guidelines
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© 2025 CGI Inc. 11 Revenue mix (in millions of dollars and % of revenue) A B Service type A. Managed IT and business process services, 55% B. Business and strategic IT consulting and systems integration services, 45% A B C D E F G H Client geography A. U.S., 32% B. Canada, 14% C. France, 14% D. U.K., 14% E. Germany, 6% F. Finland, 6% G. Sweden, 4% H. Rest of the world, 10% A B C D E Vertical market A. Government, 38% B. Financial Services, 22% C. MRD, 21% D. Communications and utilities, 12% E. Health, 7% Note: Figures presented for quarter ended September 30, 2025.
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© 2025 CGI Inc. 12 Providing clients with delivery consistency globally, and at scale A culture of ownership and accountability CGI’s Management Foundation: Global practices, frameworks and policies. Enabling consistency at scale. 88% Employee Shareholders 9.5/10 Client score for satisfaction, signed by clients 95% Projects delivered on-time and within budget 9.2/10 Client score for innovation, signed by clients
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© 2025 CGI Inc. 13 CGI’s profitable growth strategy: Build and Buy BUILD (50 %) BUY (50 %) Win, renew and extend contracts New large managed services contracts Local and niche firms Transformational 1 Strategic IT and Business Consulting 2 Systems Integration 3 Managed Services 4 Intellectual Property 1 Niche: proximity-based growth 2 IP-based services growth accelerator 3 Transformational In the last-12-months, CGI announced the acquisition of Daugherty, BJSS, Novatec, Momentum, Apside and a subsidiary of Comarch Polska.
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© 2025 CGI Inc. 14 CGI is built to grow and last through our Build & Buy Strategy 1976 1986 1996 2006 2016 2021 2024 2 employees 225 1,200 25,000 68,000 78,000 94,000 First acquisition of outsourcing companies 1998 Acquisition of Bell Sygma for $214M Doubled in size 2001 Acquisition of IMR Global for $553M Strong penetration in India 2010 Acquisition of Stanley for ~$900M Reached milestone of 5,000+ employees in U.S. 2012 Acquisition of Logica for ~$3.6 B More than doubled annual revenue 2004 Acquisition of AMS for $584M Consolidation of its U.S./Europe presence and 1st presence in Australia 1992 Entered the TSX; CGI continued expansion in Canada Creation of CGI Management Foundation 2020 $12.2B in annual revenue 2021 Announced target to be net-zero carbon emissions by 2030 2022-2025 Acquisitions of Array, CMC, Unico, Harwell, Umanis, Momentum Consulting, Celero, Aeyon, Daugherty, BJSS, Novatec, Momentum, Apside, and Comarch Major European expansion Listed on NYSE CGI is first ISO 9001 IT company in North America 1994 Initial Public Offering Founding of CGI Note: All values in C$ M unless noted otherwise
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© 2025 CGI Inc. 15 The right target: criteria for qualifying a merger candidate Location Headquarters and other offices should be in an approved geography, and in a target CGI metro market Type of services • Systems integration • Managed services • Strategic IT and business consulting • IP-based services Clients • Fortune 500 • Aligned with CGI’s target client industry verticals • Average revenue per client over $1M (CAD) Financial results • History of growth and profitability • Strong balance sheet Cultural fit • Provides services locally to clients • Focused on permanent employees, without a heavy reliance on subcontractors • Compatible compensation model Size Generally, firms must be greater than $10M Canadian in revenues per year, and have more than 100 employees Accretive growth within 18 months
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© 2025 CGI Inc. 16 Financial Review & Policies
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© 2025 CGI Inc. 17 Revenue Annual Trend Revenue Compounded Annual Growth Rate since 2005: 7.6% $0 $2,000 $4,000 $6,000 $8,000 $10,000 $12,000 $14,000 $16,000 F2005 F2006 F2007 F2008 F2009 F2010 F2011 F2012 F2013 F2014 F2015 F2016 F2017 F2018 F2019 F2020 F2021 F2022 F2023 F2024 F2025RevenueIn millions All values in C$ unless noted otherwise.
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© 2025 CGI Inc. 18 EBITDA Annual Trend EBITDA Compounded Annual Growth Rate since 2005: 9.0% 0.0% 6.0% 12.0% 18.0% 24.0% $0 $1,000 $2,000 $3,000 $4,000 F2005 F2006 F2007 F2008 F2009 F2010 F2011 F2012 F2013 F2014 F2015 F2016 F2017 F2018 F2019 F2020 F2021 F2022 F2023 F2024 F2025 EBITDA EBITDA marginIn millions EBITDA: Earnings excluding acquisition-related and integration costs, restructuring costs, net finance costs, amortization, depreciation and income tax expense.
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© 2025 CGI Inc. 19 Disciplined focus on operating cash flow Total CapEx 0% 1% 1% 2% 2% 3% 3% 4% 4% 5% $0 $50 $100 $150 $200 $250 $300 $350 $400 $450 F05 F06 F07 F08 F09 F10 F11 F12 F13 F14 F15 F16 F17 F18 F19 F20 F21 F22 F23 F24 F25 millions Total CapEx CapEx Intensity Operating Cash Flow & OCF as % of revenue OCF CAGR of 8.0% since 2005 0% 2% 4% 6% 8% 10% 12% 14% 16% 18% 20% $0 $500 $1,000 $1,500 $2,000 $2,500 F05 F06 F07 F08 F09 F10 F11 F12 F13 F14 F15 F16 F17 F18 F19 F20 F21 F22 F23 F24 F25 millions Operating cash flow OCF as % of revenue CapEx: Purchase of property, plant and equipment, additions to contract costs and additions to intangible assets All values in C$ unless noted otherwise.
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© 2025 CGI Inc. 20 Net debt history Track record of growth while maintaining strong financial discipline 3,105.3 2,739.9 2,113.3 1,779.6 1,333.3 1,749.4 1,640.8 2,117.2 2,810.6 3,792.3 3,243.5 2,777.9 2,672.5 2,938.7 2,956.6 2,535.9 2,687.9 2,729.7 3,073.0 2,946.9 2,503.8 2,529.0 2,279.6 2,134.6 1,843.7 1,730.5 1,854.0 1,819.8 1,569.8 3,237.4 3,115.8 3,451.4 -1.0 -0.5 0.0 0.5 1.0 1.5 2.0 2.5 3.0 $0 $1,000 $2,000 $3,000 $4,000 $5,000 Q4-12 Q4-13 Q4-14 Q4-15 Q4-16 Q4-17 Q4-18 Q4-19 Q1-20 Q2-20 Q3-20 Q4-20 Q1-21 Q2-21 Q3-21 Q4-21 Q1-22 Q2-22 Q3-22 Q4-22 Q1-23 Q2-23 Q3-23 Q4-23 Q1-24 Q2-24 Q3-24 Q4-24 Q1-25 Q2-25 Q3-25 Q4-25 Net Debt Leverage Ratio (Net Debt / TTM EBITDA) Logica Acquisition Adoption IFRS 16 *If calculating leverage ratio using Moody’s or S&P definitions, ratio would be marginally higher due to additional adjustments in debt and EBITDA.
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© 2025 CGI Inc. 21 Capital Structure (In million) Total Debt*: $3,637.8M Equity: $10,282.3M $835.9 $300.0 $600.0 $450.0 $905.5 $557.2 F2026 F2027 F2028 F2029 F2030 F2031 2026 USD Senior Notes US $600M repayable in September 2026 2027 CAD Senior Notes $300M repayable in September 2027 (swapped to euro) 2028 CAD Senior Notes $600M repayable in September 2028 (swapped to euro) 2029 CAD Senior Notes $450M repayable in September 2029 (swapped to euro & sek) 2030 USD Senior Notes US $650M repayable in March 2030 (swapped to cad) 2031 USD Senior Notes US $400M repayable in September 2031 * Including other debt for ($10.8M)
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© 2025 CGI Inc. 22 Balanced approach towards share buybacks and reducing leverage Cash strategy includes dividend program initiated F2025 0.00 0.50 1.00 1.50 2.00 2.50 3.00 3.50 $0 $200 $400 $600 $800 $1,000 $1,200 $1,400 $1,600 F2005 F2006 F2007 F2008 F2009 F2010 F2011 F2012 F2013 F2014 F2015 F2016 F2017 F2018 F2019 F2020 F2021 F2022 F2023 F2024 F2025 millions Repurchase of class A subordinate shares Gross leverage ratio* All values in C$ unless noted otherwise *If calculating leverage ratio using Moody’s or S&P definitions, ratio would be marginally higher due to additional adjustments in debt and EBITDA.