CELESTICA INC

Celestica Inc. entered an underwriting agreement with Citigroup Global Markets Inc., BofA Securities, Inc., and TD Securities Inc. for an offering of 9,677,419 common shares at $310.00 per share. The underwriters fully exercised their option to purchase an additional 1,451,612 shares. The company estimates net proceeds of approximately $3.39 billion, which will be used for working capital, capital expenditures, and other general corporate purposes.

Celestica reported strong financial results for Q2 2026, with revenue increasing by 62.4% to $4.7 billion and net earnings rising by 74.8% to $368.8 million. Basic EPS for the quarter was $3.21, up 75.4% year-over-year. The company also amended its credit facility in April 2026, introducing a new $250 million Term A Loan and increasing its revolving credit facility to $1.75 billion.

Celestica reported strong Q2 2026 results, with revenue of $4.70 billion and adjusted EPS of $2.54, both exceeding guidance ranges. The company raised its 2026 annual outlook, now expecting $20.5 billion in revenue and $11.30 in adjusted EPS. Furthermore, Celestica anticipates accelerated revenue growth and faster adjusted EPS growth in 2027 due to strong customer demand and new program wins.

Celestica Inc. announced a leadership transition in its Connectivity and Cloud Solutions (CCS) segment. Steven Dorwart has been appointed President, CCS, effective immediately, succeeding Jason Phillips who will retire at the end of the year. Mr. Phillips will remain in an advisory role until year-end to ensure a smooth transition.

Celestica Inc. announced it will release its second quarter 2026 financial results after market close on Monday, July 27, 2026. The company will host a conference call to discuss these results on Tuesday, July 28, 2026, at 8:00 AM ET. A live webcast will be available, with a recorded version accessible approximately two hours after the call on Celestica's website.

Celestica Inc. announced the appointment of Steven Dorwart as President, Connectivity and Cloud Solutions (CCS), effective July 6, 2026. Dorwart, a 21-year company veteran, previously served as Senior Vice President and General Manager, Global Accounts, CCS. He succeeds Jason Phillips, who will retire at the end of the year but will remain in an advisory capacity to ensure a seamless transition. CEO Rob Mionis expressed confidence in Dorwart's leadership and thanked Phillips for his significant contributions.

Celestica Inc. held its 2026 annual meeting of shareholders on May 19, 2026, with approximately 66.00% of its common shares present or represented. Shareholders approved all matters presented, including the election of all nine director nominees. Additionally, the appointment of the auditor and the advisory vote on named executive officer compensation were both approved.

Celestica Inc. announced that all nine nominees listed in its definitive proxy statement were elected as directors at its Annual Meeting of Shareholders. The election was conducted by ballot, with each nominee proposed by management successfully securing a director position. The results were disclosed in accordance with Toronto Stock Exchange requirements.

Celestica Inc. announced that its DS6000-series 1.6TbE switches are now available for order to initial customers. This platform is designed to be a critical backbone for next-generation generative AI and machine learning infrastructure, powered by Broadcom Tomahawk 6 (TH6) switch silicon. The series offers up to 102.4 Tbps of non-blocking switching capacity with 64 ports of 1.6TbE connectivity, available in both air-cooled and hybrid-cooled form factors. This launch aims to eliminate bottlenecks in massive AI training clusters and supports industry standards.

Celestica Inc. has executed a Second Amendment to its Amended and Restated Credit Agreement, effective April 27, 2026. This amendment introduces a conditional collateral release, which will take effect once the company achieves at least two investment-grade corporate ratings and fully repays its Term B Loan and any Incremental Tranche B Term Loans. Additionally, the lenders have approved the immediate release of Malaysian Guarantors and their associated collateral, effective April 24, 2026. The amendment also includes a reallocation of revolving and Term A loan commitments among the participating lenders.