CGI Inc. | Adjustment to CGI's governance practices in light of the risks related to trade tensions with the United States at CGI Inc.

Status
Filed
AGM date
Proposal number
5
Resolution details
Lead filer
N/A
Resolution ask
Adopt or amend a policy
ESG theme
  • Governance
ESG sub-theme
  • Other
Type of vote
Shareholder proposal
Filer type
Shareholder
Company sector
Technology
Company HQ country
Canada
Resolved clause
It is proposed that CGI's Board of Directors strengthens governance mechanisms related to trade and geopolitical risks.
Supporting statement
These mechanisms should include the following measures:

1. The formal expansion of the risk committee's mandate, or the creation of a specific committee, to explicitly oversee risks related to trade tensions and geopolitical uncertainties affecting CGI's business, particularly in North America.
2. The annual publication of clear indicators that track the Company's geographic dependence (revenue, workforce, key contracts by region), as well as the evolution of this dependence over time.
3. The annual presentation, in communications to shareholders (integrated report or other public documentation), of a summary of the mitigation strategies put in place to strengthen CGI's resilience to trade tensions and potential barriers, including market, talent and partnership diversification measures.

CGI's 2024 annual report acknowledges that international trade tensions, particularly between Canada and the United States, constitute a strategic risk that could affect the Company's revenues and business. This observation is particularly important since the United States is a key market for CGI, both in terms of revenue and workforce. In a global commercial environment marked by instability and increasing protectionist measures, it is essential to go beyond simply acknowledging these risks and to adopt a proactive and structured approach to them. This proposal therefore aims to:
• Structure the monitoring of commercial risks at the highest decision-making level. • Enhance transparency towards shareholders.
• Increase CGI's ability to maintain its growth and competitiveness, regardless of geopolitical changes. This proposal is part of a constructive approach that recognizes the efforts already made by CGI, but that aims at strengthening such efforts and make them more visible and tangible to shareholders and stakeholders.

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