Celestica Inc. · TSX:CLS
Celestica — IPO Roadshow (August 2026)
19 slides from Celestica's IPO roadshow presentation, Aug 5, 2026
Slide 1: Powering the AI Data Center Buildout
Powering the AI Data Center Buildout August 5 th , 2026 1 A final base shelf prospectus containing important information relating to the securities described in this document has been filed with the securities regulatory authorities in each of the provinces and territories of Canada . The final base
Slide 2: Forward-looking statements
This presentation contains forward - looking statements, including, without limitation, those related to: strengthening demand in our businesses and demand environment and customer forecasts, including statements in the slides titled “Celestica is a Leader in Enabling the AI Infrastructure Buildout”
Slide 3: Non-GAAP financial measures notice
In addition to disclosing detailed operating results in accordance with Generally Accepted Accounting Principles (GAAP), this pr esentation refers to non - GAAP financial measures (including ratios) to consider in evaluating the Company's operating performance. Management uses adjusted net earnings
Slide 4: Transaction Overview & Active Participants
Transaction Overview & Active Participants • Celestica Inc. (NYSE / TSX: CLS) Issuer • Equity Follow - On Offering Type • $3.00bn with 15% Overallotment Option Proposed Offering Size • 100% Primary Share Composition • Working capital, investments in capital expenditures, and general corporate purpos
Slide 5: Celestica is Accelerating Market Advancements With Our Leading Technology Platform Solutions
BUSINESS OVERVIEW Celestica is Accelerating Market Advancements With Our Leading Technology Platform Solutions WHO WE ARE Celestica is a leading global technology platform solutions company WHAT WE DO We leverage our vertically integrated capabilities to provide customized solutions that enable cust
Slide 6: Celestica's Transformational Journey
Celestica’s Transformational Journey 2018 Today Technology platform solutions provider Recognized leadership in advanced platform design for AI data centers High growth portfolio with expanding margins Recognized market leadership in Ethernet networking and custom ASIC AI compute 2019 2020 2021 2022
Slide 7: Core Competencies Deliver Critical Value to our Customers
Trusted Hyperscaler JDM Partner Operational Execution Design - for - Manufacturability at Scale Customization for Optimization Core Competencies Deliver Critical Value to our Customers Multi - generational relationships with leading hyperscalers Leadership in custom networking and AI custom ASIC com
Slide 8: Celestica is a Leader in Enabling the AI Infrastructure Buildout
THE BUSINESS · TWO ENGINES Celestica is a Leader in Enabling the AI Infrastructure Buildout CCS · The Growth Engine Design - led Hardware Platform Solutions (HPS) Aerospace & Defense Industrial & Smart Energy HealthTech Capital Equipment Strong Margins · Diversification · Stability Note: See “Cautio
Slide 9: The AI Infrastructure Spend Supercycle
L O N G - T E R M D E M A N D O U T L O O K 1 INDICATORS ACROSS CELESTICA’S MARKETS 1 Growing demand for AI - related data center infrastructure remains incredibly strong and durable over multi - year period 2 Customer visibility extending, supported by planned ramps of new large - scale programs in
Slide 10: Our Business Today
Our Business Today $15.6B +47% YTY LTM Revenue $8.16 | $9.62 +73% YTY | +110% YTY $530M | $1.1B +37% YTY | +108% YTY LTM Non - GAAP Free Cash Flow LTM Revenue by Segment ($B) Advanced Technology Solutions (ATS) Connectivity & Cloud Solutions (CCS) BUSINESS SNAPSHOT 10 7.9% | 8.8% +90 bps YTY | +180
Slide 11: Earnings Highlights
Earnings Highlights 1 1) See “Non - GAAP Financial Measures”. Also see the Appendix for definitions and uses of non - GAAP financial measures (including r atios based on non - GAAP financial measures) set forth in the table and a reconciliation of these non - GAAP financial measures (or, in the case
Slide 12: A Fundamentally Different Celestica
EPS ($) EXECUTION CREDIBILITY A Fundamentally Different Celestica Note: LTM Revenue as of Q2’26. Source: Celestica public disclosures. 1) See “Non - GAAP Financial Measures”. Also see the Appendix for definitions and uses of non - GAAP financial measures (including ratios based on non - GAAP financi
Slide 13: Investing to Support Future Growth
$211 $1,144 $102 $530 2022 LTM Gross CapEx ($M) EXECUTION CREDIBILITY Investing to Support Future Growth The discipline behind the raise - transformed since 2022, and still accelerating. ROIC 2 (%) Non - GAAP Adjusted ROIC 1 GAAP ROIC Free Cash Flow ($M) Non - GAAP Free Cash Flow 1 GAAP Cash Provide
Slide 14: Balanced Approach to Funding Growth
Balanced Approach to Funding Growth 1) Net Debt calculated as Gross Debt minus Cash and Cash Equivalents 2) Total liquidity is defined as cash and cash equivalents as of June 30, 2026, plus the total availability under Celestica’s Re volver following the amendment to our credit agreement, as previou
Slide 15: Why Celestica: Investment Thesis
15 Leadership in Fast - Growing, High - Complexity Technologies Execution Track Record Multi - Year Demand Visibility to AI Data Center Investment Supercycle Compounding Financial Growth and disciplined Capital Management Why Celestica Investing to maintain technology and operational leadership 1 2
Slide 16: Appendix
“Celestica’
Slide 17: GAAP to non-GAAP Reconciliation
GAAP to non - GAAP Reconciliation 1 1) See “Non - GAAP Financial Measures”. 2) Excluding ordinary course letters of credit. 17 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026 Q2 2026 LTM Q2'25 LTM Q2'26 FY 2022 Revenue 2,499.5$ 2,545.7$ 2,648.6$ 2,893.4$ 3,194.0$ 3,654.9$ 4,047.0$ 4,698.6$ 1
Slide 18: GAAP to non-GAAP Reconciliation…continued
GAAP to non - GAAP Reconciliation…continued 1 1) See “Non - GAAP Financial Measures”. 18 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026 Q2 2026 LTM Q2'25 LTM Q2'26 FY 2022 GAAP Net earnings 89.5$ 151.7$ 86.2$ 211.0$ 267.8$ 267.5$ 212.3$ 368.8$ 538.4$ 1,116.4$ 180.1$ As a percentage of reven
Slide 19: GAAP to non-GAAP Reconciliation…continued
GAAP to non - GAAP Reconciliation…continued 1 The following table sets forth a reconciliation of our non - GAAP adjusted effective tax rate to our GAAP effective tax rate for t he periods indicated (in millions, except percentages). Adjusted tax expense is determined by excluding the tax effects of