
This MD&A contains "forward-looking information" within the meaning of Canadian securities laws and "forward-looking statements" within the meaning of the United States Private Securities Litigation Reform Act of 1995 and other applicable United States safe harbours. We consider something to be material if it results in, or would reasonably be expected to result in, a significant change in the market price or value of our shares, or if it is likely that a reasonable investor would consider the information to be important in making an investment decision. This MD&A includes information we believe is material to investors. All dollar amounts are in Canadian dollars unless otherwise noted. CGI's accounting policies are in accordance with International Financial Reporting Standards as issued by the International Accounting Standards Board (IFRS). This document should be read in conjunction with the interim condensed consolidated financial statements and the notes thereto for the three and nine months ended Jand 2021. This MD&A provides information management believes is relevant to an assessment and understanding of the consolidated results of operations and financial condition of the Company. is referred to as "CGI", "we", "us", "our" or "Company". The Board of Directors carries out this responsibility mainly through its Audit and Risk Management Committee, which is appointed by the Board of Directors and is comprised entirely of independent and financially literate directors. The Board of Directors is ultimately responsible for reviewing and approving the MD&A. This MD&A has been prepared in accordance with the requirements of the Canadian Securities Administrators.

This Management's Discussion and Analysis of the Financial Position and Results of Operations (MD&A) is a responsibility of management and has been reviewed and approved by the Board of Directors.
