Celestica announces TSX acceptance of normal course issuer bid

Celestica (CLS) announced that the Toronto Stock Exchange has accepted the Company’s notice to launch a Normal Course Issuer Bid. Under the Bid, the Company may repurchase on the open market, at its discretion during the period commencing on November 3, 2025 and ending on the earlier of November 2, 2026 and the completion of purchases under the Bid, up to 5,722,527 common shares, representing approximately 5.0% of the “public float” as at October 20, 2025, subject to the normal terms and limitations of such bids. Under the TSX rules, the average daily trading volume of the common shares on the TSX during the six months ended September 30, 2025 was approximately 886,938 and, accordingly, daily purchases on the TSX pursuant to the Bid will be limited to 221,734 common shares, other than purchases made pursuant to the block purchase exception. The actual number of common shares which may be purchased pursuant to the Bid and the timing of any such purchases will be determined by management of the Company, subject to applicable laws and the rules of the TSX. In accordance with the TSX rules, the maximum number of common shares which may be repurchased for cancellation under the Bid will be reduced by the number of common shares purchased by non-independent brokers for delivery pursuant to stock-based compensation plans.