CGI Canadian General Investments Limited

Canadian General Investments, Limited (CGI) (TSX:CGI) (LSE: CGI) reports on an unaudited basis that its net asset value per share (NAV) at January 31, 2025 was $70.79 resulting in year-to-date and 12-month NAV returns, with dividends reinvested, of 2.1% and 26.3%, respectively. These compare with the 3.5% and 25.2% returns of the benchmark S&P/TSX Composite Index on a total return basis for the same periods.

The Company employs a leveraging strategy, by way of bank borrowing, with the intent to enhance returns to common shareholders. As at January 31, 2025, the leverage represented 13.5% of CGI’s net assets, down from 13.8% at the end of 2024 and 14.7% at January 31, 2024.

The closing price for CGI’s common shares at January 31, 2025 was $39.75, resulting in year-to-date and 12-month share price returns, with dividends reinvested, of -1.8% and 14.0%, respectively.

The sector weightings of CGI’s investment portfolio at market as of January 31, 2025 were as follows:

Information Technology	23.7	%
Industrials	22.7	%
Financials	13.9	%
Energy	11.7	%
Materials	11.4	%
Consumer Discretionary	9.9	%
Real Estate	4.2	%
Cash & Cash Equivalents	1.9	%
Communication Services	0.6	%

The top ten investments which comprised 37.0% of the investment portfolio at market as of January 31, 2025 were as follows:

The Descartes Systems Group Inc.	4.0	%
TFI International Inc.	4.0	%
Canadian Pacific Kansas City Limited	4.0	%
NVIDIA Corporation	3.9	%
Celestica Inc.	3.7	%
Apple Inc.	3.5	%
Shopify Inc.	3.5	%
WSP Global Inc.	3.5	%
Mastercard Incorporated	3.5	%
Franco-Nevada Corporation	3.4	%

FOR FURTHER INFORMATION PLEASE CONTACT: Jonathan A. Morgan President & CEO Phone: (416) 366-2931 Fax: (416) 366-2729 e-mail: cgifund@mmainvestments.com website: www.canadiangeneralinvestments.ca