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/R E P E A T -- CGI and Kesko enter strategic partnership to accelerate digital transformation/

1. CGI partners with Kesko to accelerate digital transformation in retail. 2. The agreement includes a range of IT services and digital initiatives. 3. Kesko aims to enhance business growth through automation and AI solutions. 4. CGI brings strong international expertise and local presence to the partnership. 5. In fiscal 2024, CGI reported revenue of CA$14.68 billion.

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FAQ

Why Bullish?

Strategic partnerships can significantly increase CGI's market positioning and revenue opportunities. Similar past partnerships have led to enhanced profitability and stock value.

How important is it?

The partnership reinforces CGI's growth strategy in the lucrative retail sector, promising increased revenues and enhancing CGI's brand perception.

Why Long Term?

Digital transformation initiatives often take time to manifest in financial results; therefore, the positive effects will likely be seen over a longer period as Kesko achieves its goals.

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Stock Market Symbols GIB.A (TSX) GIB (NYSE) www.cgi.com/newsroom CGI to leverage global retail expertise to deliver tangible outcomes for Kesko , /PRNewswire/ - CGI (TSX: GIB.A) (NYSE: GIB), one of the largest independent IT and business consulting services firms in the world, and retail services company Kesko have signed an agreement for a strategic partnership to accelerate digital transformation. The partnership covers a wide range of IT services, including end-user services, capacity and cloud services, as well as integrations. In addition, CGI will support the K Group retail network in digital development initiatives. "K Group's goal is to be a forerunner in digital services within the retail sector. In the competitive bidding process, our aim was to find a partner with the best capability to support our business growth and development by leveraging the newest technologies efficiently. The development of automation and AI-based solutions plays a significant role in renewing our business and improving productivity. CGI's strong international expertise combined with local presence convinced us of the company's ability to support us in achieving our objectives," says Arto Hiltunen, CIO at Kesko. "The current trend in the IT sector is that forerunner companies like Kesko are now building strategic collaboration models in which partners participate closely in business development and growth as shared goals and risks. We thank Kesko for the trust in forming a genuine and deep partnership, where the achievement of strategic goals is guided by joint metrics and investments," says Leena-Mari Lähteenmaa, President, CGI Finland, Poland and Baltics. CGI helps retail, consumer and services organizations leverage AI and data-driven strategies to boost profitability by delivering friction-free omnichannel customer experiences, enhancing supply chain agility, streamlining store operations, advancing sustainable transformation, and optimizing IT investments. Read more: cgi.com/en/retail-consumer-services About CGIFounded in 1976, CGI is among the largest independent IT and business consulting services firms in the world. With 93,000 consultants and professionals across the globe, CGI delivers an end-to-end portfolio of capabilities, from strategic IT and business consulting to systems integration, managed IT and business process services and intellectual property solutions. CGI works with clients through a local relationship model complemented by a global delivery network that helps clients digitally transform their organizations and accelerate results. CGI Fiscal 2024 reported revenue is CA$14.68 billion and CGI shares are listed on the TSX (GIB.A) and the NYSE (GIB). Learn more at cgi.com. SOURCE CGI Inc. WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM? 440k+ Newsrooms & Influencers 9k+ Digital Media Outlets 270k+ Journalists Opted In

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