Swedish Social Insurance Agency selects CGI for development and digitalization services

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SUNDSVALL, Sweden, April 3, 2023 /PRNewswire/ - CGI (NYSE: GIB) (TSX: GIB.A) has entered into an agreement with the Swedish Social Insurance Agency (Försäkringskassan) to support its strategic business transformation program through digital systems development. CGI will partner with the agency on its program initiatives to modernize its operations and provide a higher level of service to citizens by digitizing core processes and citizen interactions. The initial two-year agreement is valued at approximately SEK 500 million (CAD $64.9 million), with options to extend up to another two years.

The Swedish Social Insurance Agency is one of Sweden's largest authorities, overseeing major portions of the country's social security system, including health insurance, child welfare, and more. With much of its work involving direct interaction with citizens, the agency also is a leader among Swedish public organizations in driving more efficient service delivery through automated systems.

"We are excited to collaborate with the Swedish Social Insurance Agency. The systems and services we will help Försäkringskassan to develop will touch most Swedish citizens at one time or another, creating a positive impact not only on the agency but also on Swedish society as a whole." said Torsten Strass, President of Scandinavia and Central Europe operations at CGI.

CGI has extensive experience in working with governments across Europe, North America, and Asia-Pacific to transform citizen interactions, improve operational excellence, and reduce costs. Since 1976, the company has partnered with more than 2,000 government entities across 15 countries, driving value through successful transformation programs supported by end-to-end IT and business consulting services.

About CGI

Founded in 1976, CGI is among the largest independent IT and business consulting services firms in the world. With 90,250 consultants and professionals across the globe, CGI delivers an end-to-end portfolio of capabilities, from strategic IT and business consulting to systems integration, managed IT and business process services and intellectual property solutions. CGI works with clients through a local relationship model complemented by a global delivery network that helps clients digitally transform their organizations and accelerate results. CGI Fiscal 2022 reported revenue is $12.87 billion and CGI shares are listed on the TSX (GIB.A) and the NYSE (GIB). Learn more at cgi.com.

Forward-looking information and statements

This press release 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. All such forward-looking information and statements are made and disclosed in reliance upon the safe harbour provisions of applicable Canadian and United States securities laws. Forward-looking information and statements include all information and statements regarding CGI's intentions, plans, expectations, beliefs, objectives, future performance, and strategy, as well as any other information or statements that relate to future events or circumstances and which do not directly and exclusively relate to historical facts. 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SOURCE CGI Inc.