Mr. Rob Mionis reports

CELESTICA ANNOUNCES NEW LEADERSHIP STRUCTURE TO SUPPORT UNPRECEDENTED GROWTH

Celestica Inc. has made executive leadership appointments to align with the company's strong growth trajectory and position the business for sustainable, multiyear growth. Effective Oct. 1, 2026, Mandeep Chawla will assume the newly created role of group president, global markets, and Todd Ankenmann will succeed him as chief financial officer (CFO).

In the new role of group president, global markets, Mr. Chawla will oversee the company's overarching commercial execution and global market expansion. This structure is designed to drive operational velocity, scale the business effectively and capture accelerating demand across Celestica's end markets.

Mr. Chawla has served as Celestica's CFO since 2017, playing a critical role in driving the company's financial health, strategic transformation and long-term performance. Prior to joining Celestica in 2010, Mr. Chawla spent nearly a decade at General Electric (GE), followed by senior leadership roles across the engineering and life sciences sectors.

"Celestica is experiencing unprecedented growth, and, as we look to the future, we are evolving our leadership structure to ensure we can scale effectively and continue delivering exceptional value to our customers and shareholders," said Rob Mionis, chairman and chief executive officer of Celestica. "Mandeep has been an outstanding CFO and a core contributor to our strategic vision. His deep understanding of our business, combined with his exceptional commercial acumen, makes him the ideal leader to step into this crucial new role to drive our next chapter of growth."

Succeeding Mr. Chawla as CFO is Mr. Ankenmann, who brings a wealth of institutional knowledge and financial expertise to the executive team. Mr. Ankenmann joined Celestica in 2018 and currently serves as senior vice-president, finance, where he plays a pivotal role in strategic planning, financial reporting and commercial execution. Before joining Celestica, Mr. Ankenmann spent over a decade in senior finance leadership roles at GE.

"With his deep understanding of our business model, rigorous financial management, and proven track record across our ATS and CCS businesses, Todd is uniquely positioned for a seamless transition to chief financial officer," said Mr. Mionis. "Together, these appointments optimize our executive team to deliver on our long-term growth objectives."

About Celestica Inc.

Celestica is a technology leader dedicated to driving customer success and market advancements. With deep expertise in design, engineering, manufacturing, supply chain and platform solutions, Celestica enables critical data centre infrastructure for AI (artificial intelligence), cloud and hybrid cloud and advances technologies in high-growth markets. With a talented team and a strategic global network, Celestica helps its customers achieve competitive advantages.