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Chris Colpitts Appointed to Celestica's Board of Directors

1. Chris Colpitts appointed to Celestica's Board of Directors. 2. Colpitts brings 20 years of expertise in technology and telecommunications. 3. His experience in strategic transactions is valuable for Celestica's growth. 4. Celestica's Board now comprises 9 members after this appointment. 5. The company aims for innovation and expansion with Colpitts' guidance.

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Why Bullish?

The appointment of a qualified board member typically improves company strategy, indicating positive future potential, akin to past instances where strong leadership changes enhanced stock performance.

How important is it?

The appointment signifies potential strategic enhancements, crucial for growth in competitive markets.

Why Long Term?

While immediate stock movements are uncertain, the strategic guidance expected from Colpitts may lead to significant long-term growth, reflecting patterns seen in similar tech-oriented appointments.

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July 30, 2025 08:30 ET  | Source: Celestica International LP TORONTO, July 30, 2025 (GLOBE NEWSWIRE) -- Celestica Inc. (TSX: CLS) (NYSE: CLS), a leader in design, manufacturing, hardware platform and supply chain solutions for the world’s most innovative companies is pleased to announce the appointment of Chris Colpitts to its Board of Directors. Mr. Colpitts brings 20 years of extensive experience in the technology, media, and telecommunications sectors, spanning both investment banking and private equity. His deep understanding of market dynamics, strategic transactions, and corporate development will be invaluable as Celestica continues its growth trajectory. “We are very pleased to welcome Chris Colpitts to our Board,” said Mike Wilson, Chair, Celestica’s Board of Directors. “His impressive track record in advising and investing in leading technology companies, coupled with his strategic acumen, will provide significant guidance as we navigate our next phase of innovation and expansion.” Mr. Colpitts is currently a Founder at Granite Peak Capital Group. Prior to this, he served as a Partner and Head of Telecommunications, Media and Technology (TMT) in the US at CVC Capital Partners, a global private equity firm. Throughout his career, he has advised on numerous significant transactions within the technology sector. Following his appointment, Celestica’s Board of Directors will have 9 members. About Celestica Celestica enables the world's best brands. Through our recognized customer-centric approach, we partner with leading companies in Aerospace and Defense, Communications, Enterprise, HealthTech, Industrial and Capital Equipment to deliver solutions for their most complex challenges. As a leader in design, manufacturing, hardware platform and supply chain solutions, Celestica brings global expertise and insight at every stage of product development - from the drawing board to full-scale production and after-market services. With talented teams across North America, Europe and Asia, we imagine, develop and deliver a better future with our customers. For further information on Celestica, visit www.celestica.com. The company's securities filings can be accessed at www.sedarplus.ca and www.sec.gov. Contacts:

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