<SEC-DOCUMENT>0001104659-20-131318.txt : 20201202
<SEC-HEADER>0001104659-20-131318.hdr.sgml : 20201202
<ACCEPTANCE-DATETIME>20201202072442
ACCESSION NUMBER:		0001104659-20-131318
CONFORMED SUBMISSION TYPE:	6-K
PUBLIC DOCUMENT COUNT:		3
CONFORMED PERIOD OF REPORT:	20201202
FILED AS OF DATE:		20201202
DATE AS OF CHANGE:		20201202

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			CELESTICA INC
		CENTRAL INDEX KEY:			0001030894
		STANDARD INDUSTRIAL CLASSIFICATION:	PRINTED CIRCUIT BOARDS [3672]
		IRS NUMBER:				980185558
		STATE OF INCORPORATION:			A6
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		6-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-14832
		FILM NUMBER:		201362395

	BUSINESS ADDRESS:	
		STREET 1:		5140 YONGE STREET, SUITE 1900
		CITY:			TORONTO
		STATE:			A6
		ZIP:			M2N 6L7
		BUSINESS PHONE:		416-448-5800

	MAIL ADDRESS:	
		STREET 1:		5140 YONGE STREET, SUITE 1900
		CITY:			TORONTO
		STATE:			A6
		ZIP:			M2N 6L7
</SEC-HEADER>
<DOCUMENT>
<TYPE>6-K
<SEQUENCE>1
<FILENAME>tm2036498d2_6k.htm
<DESCRIPTION>FORM 6-K
<TEXT>
<HTML>
<HEAD>
     <TITLE></TITLE>
</HEAD>
<BODY STYLE="font: 10pt Times New Roman, Times, Serif">

<P STYLE="margin: 0"></P>

<!-- Field: Rule-Page --><DIV STYLE="margin-top: 0; margin-bottom: 0; width: 100%"><DIV STYLE="font-size: 1pt; border-top: Black 2pt solid; border-bottom: Black 1pt solid">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="font: 18pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>FORM&nbsp;6-K&nbsp;</B></P>

<P STYLE="font: 18pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>SECURITIES AND EXCHANGE COMMISSION&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Washington, D.C. 20549</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Report of Foreign Private Issuer&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Pursuant to Rule&nbsp;13a-16 or 15d-16&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>under the Securities Exchange Act of
1934</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>For the month of December, 2020</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>001-14832&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>(Commission File Number)</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>



<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Rule-Page --><DIV STYLE="margin: 0 auto; width: 25%"><DIV STYLE="font-size: 1pt; border-top: Black 1pt solid">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 18pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>CELESTICA INC.&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">(Translation of registrant&rsquo;s name
into English)</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>



<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Rule-Page --><DIV STYLE="margin: 0 auto; width: 25%"><DIV STYLE="font-size: 1pt; border-top: Black 1pt solid">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>5140 Yonge Street, Suite&nbsp;1900&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Toronto, Ontario&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Canada M2N 6L7&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>(416) 448-5800&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">(Address of principal executive offices)</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Indicate by check mark whether the registrant
files or will file annual reports under cover of Form&nbsp;20-F or Form&nbsp;40-F:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: center; width: 50%; font-size: 10pt">Form&nbsp;20-F&nbsp; <FONT STYLE="font-family: Wingdings">x</FONT></TD>
    <TD STYLE="width: 50%; padding-left: 50pt; font-size: 10pt; text-indent: -10pt">Form&nbsp;40-F&nbsp; <FONT STYLE="font-family: Wingdings">o</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Indicate by check mark whether the registrant
is submitting the Form&nbsp;6-K in paper as permitted by Regulation S-T Rule&nbsp;101(b)(1): <FONT STYLE="font-family: Wingdings">o</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Indicate by check mark whether the registrant
is submitting the Form&nbsp;6-K in paper as permitted by Regulation S-T Rule&nbsp;101(b)(7): <FONT STYLE="font-family: Wingdings">o</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Rule-Page --><DIV STYLE="margin-top: 0; margin-bottom: 0; width: 100%"><DIV STYLE="font-size: 1pt; border-top: Black 1pt solid; border-bottom: Black 2pt solid">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="font-size: 10pt; text-align: center; margin-top: 0pt; margin-bottom: 0pt"></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>




<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B><U>Furnished Herewith (and incorporated
by reference herein)</U></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR>
    <TD STYLE="vertical-align: top; font-size: 10pt"><U>Exhibit&nbsp;No.</U></TD>
    <TD STYLE="vertical-align: bottom; font-size: 10pt">&nbsp;</TD>
    <TD STYLE="vertical-align: top; font-size: 10pt"><U>Description</U></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; font-size: 10pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; font-size: 10pt">&nbsp;</TD>
    <TD STYLE="vertical-align: top; font-size: 10pt">&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; width: 11%; font-size: 10pt"><A HREF="tm2036498d2_ex99-1.htm">99.1</A></TD>
    <TD STYLE="vertical-align: bottom; width: 2%; font-size: 10pt">&nbsp;</TD>
    <TD STYLE="vertical-align: top; width: 87%; font-size: 10pt"><A HREF="tm2036498d2_ex99-1.htm">Press Release, dated December&nbsp;2, 2020</A></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The information contained in Exhibit&nbsp;99.1
of this Form&nbsp;6-K is not incorporated by reference into any registration statement (or into any prospectus that forms a part
thereof) filed by Celestica Inc. with the Securities and Exchange Commission.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="font-size: 10pt; text-align: center; margin-top: 0pt; margin-bottom: 0pt"></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>




<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">SIGNATURES</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Pursuant to the requirements of the Securities Exchange Act
of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 50%">&nbsp;</TD>
    <TD STYLE="width: 3%; text-align: center">&nbsp;</TD>
    <TD STYLE="width: 47%; padding-left: 0.3in; text-indent: -10.1pt">CELESTICA INC.</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>Date:&nbsp; December&nbsp;2, 2020</TD>
    <TD>By:</TD>
    <TD STYLE="border-bottom: Black 1pt solid">/s/ Robert Ellis</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-left: 0.3in; text-indent: -10.1pt">&nbsp;Robert Ellis</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-left: 0.3in; text-indent: -10.1pt">&nbsp;General Counsel and Corporate Secretary</TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></P>

<!-- Field: Page; Sequence: 3 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="font-size: 10pt; text-align: center; margin-top: 0pt; margin-bottom: 0pt"></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></P>




<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><U>EXHIBIT&nbsp;INDEX</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR>
    <TD STYLE="vertical-align: top; font-size: 10pt"><U>Exhibit&nbsp;No.</U></TD>
    <TD STYLE="vertical-align: bottom; font-size: 10pt">&nbsp;</TD>
    <TD STYLE="vertical-align: top; font-size: 10pt"><U>Description</U></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; font-size: 10pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; font-size: 10pt">&nbsp;</TD>
    <TD STYLE="vertical-align: top; font-size: 10pt">&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; width: 11%; font-size: 10pt"><A HREF="tm2036498d2_ex99-1.htm">99.1</A></TD>
    <TD STYLE="vertical-align: bottom; width: 2%; font-size: 10pt">&nbsp;</TD>
    <TD STYLE="vertical-align: top; width: 87%; font-size: 10pt"><A HREF="tm2036498d2_ex99-1.htm">Press Release, dated December&nbsp;2, 2020</A></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 4; Options: Last -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="font-size: 10pt; text-align: center; margin-top: 0pt; margin-bottom: 0pt"></P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

</BODY>
</HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>2
<FILENAME>tm2036498d2_ex99-1.htm
<DESCRIPTION>EXHIBIT 99.1
<TEXT>
<HTML>
<HEAD>
     <TITLE></TITLE>
</HEAD>
<BODY STYLE="font: 10pt Times New Roman, Times, Serif">

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="text-align: right; margin: 0"><B>Exhibit 99.1</B></P>

<P STYLE="margin: 0; text-align: right">&nbsp;</P>

<P STYLE="margin: 0; text-align: left"><IMG SRC="tm2036498d2_ex99-1img001.jpg" ALT="">&nbsp;</P>

<P STYLE="margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%">
<TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 51%; font: normal bold 10pt Times New Roman, Times, Serif; text-align: left">FOR IMMEDIATE RELEASE</TD>
    <TD STYLE="text-align: right; width: 49%; font: normal bold 10pt Times New Roman, Times, Serif">December 2, 2020</TD></TR>
</TABLE>


<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">CELESTICA REAFFIRMS Q4 2020 GUIDANCE
AND PROVIDES AN UPDATE ON NEAR-TERM EXPECTATIONS IN ADVANCE OF JOINT DESIGN AND MANUFACTURING BRIEFING FOR ANALYSTS AND INVESTORS</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">TORONTO, Canada - Celestica Inc. (NYSE: CLS)(TSX: CLS), a leader
in design, manufacturing and supply chain solutions for the world's most innovative companies, will host an analyst and investor
meeting today to provide an update on its Joint Design and Manufacturing (JDM) business. Celestica has been investing in its JDM
business for the last 10 years. Today, the JDM business has over 500 design engineers, over 280 patents, launched over 150 programs
and shipped over 2.5 million units.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Celestica today also reaffirmed its fourth quarter of 2020 revenue
and non-IFRS adjusted earnings per share* financial guidance, and updated near-term expectations** as follows:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 13.5pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD><FONT STYLE="color: #222222; background-color: white">2020 JDM revenue is expected to exceed $800 million, up over 80% compared
to 2019</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 13.5pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD><FONT STYLE="color: #222222; background-color: white">JDM revenue is expected to continue to grow in 2021, though at a slower
rate compared to 2020 &nbsp;</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 13.5pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD><FONT STYLE="color: #222222; background-color: white">Non-JDM Connectivity &amp; Cloud Solutions (CCS) segment revenue</FONT><SUP>&dagger;</SUP>
<FONT STYLE="color: #222222; background-color: white">is expected to decline in 2021 compared to 2020 primarily due to the disengagement
from programs with Cisco Systems, Inc. (Cisco Disengagement) </FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 13.5pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD><FONT STYLE="color: #222222; background-color: white">Advanced Technology Solutions (ATS) segment revenue</FONT><SUP>&dagger;</SUP>
<FONT STYLE="color: #222222; background-color: white">is anticipated to grow 10% in 2021 compared to 2020</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 13.5pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD><FONT STYLE="color: #222222; background-color: white">ATS segment margin</FONT><SUP>&dagger;</SUP> <FONT STYLE="color: #222222; background-color: white">is
expected to be within its target range of 5% to 6% by the end of 2021</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 13.5pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD><FONT STYLE="color: #222222; background-color: white">CCS segment margin</FONT><SUP>&dagger;</SUP> <FONT STYLE="color: #222222; background-color: white">is
expected to be within its target range of 2% to 3% in 2021</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 13.5pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD><FONT STYLE="color: #222222; background-color: white">Celestica is on track to generate at least $100 million of non-IFRS free
cash flow* in 2020; also expect to achieve this goal in 2021 </FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 13.5pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD><FONT STYLE="color: #222222; background-color: white">Over 50 potential M&amp;A targets reviewed in 2020 through defined investment
filter; intend to continue to assess M&amp;A transactions against alternative uses of cash</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 13.5pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD><FONT STYLE="color: #222222; background-color: white">Intend to repurchase shares under recently-announced share buy-back program
if trading price below tangible book value</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; color: #222222">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Celestica&rsquo;s management will discuss these updates and
provide an update on its JDM business on its previously-announced analyst and investor meeting today at 4:00pm ET. To participate
in the meeting in listen-only mode, please dial (647) 788-4919 or 1 (877) 291-4570. To ensure your participation, please call
in approximately ten minutes prior to the scheduled start of the call. Analysts will have the opportunity for a Q&amp;A with speakers
following the formal remarks. A webcast is also available at: <FONT STYLE="font-family: Times New Roman, Times, Serif; background-color: white"><U>https://onlinexperiences.com/Launch/QReg/ShowUUID=D17311B8-8E5F-460E-A143-D9B5E264D255.
</U></FONT><FONT STYLE="font-size: 10pt">A recorded webcast will be available approximately two hours after completion of the
call, and will be available for 12 months thereafter. To access the recorded webcast visit </FONT><U>www.celestica.com</U><FONT STYLE="font-size: 10pt">.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">*Non-IFRS (International Financial Reporting Standards) measures
do not have any standardized meaning prescribed by IFRS and therefore may not be comparable to similar measures presented by other
public companies that use IFRS or U.S. generally accepted accounting principles (GAAP). See &ldquo;Non-IFRS Measures&rdquo; below.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">** Subject in all cases to the risks set forth in the Cautionary
Note Regarding Forward-Looking Statements below, including the impact of COVID-19.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><SUP>&dagger; </SUP>Our CCS segment consists of our Communications
and Enterprise (servers and storage) end markets. Our ATS segment consists of our ATS end market, and is comprised of our aerospace
and defense (A&amp;D), industrial, energy, HealthTech and capital equipment (semiconductor, display, and power &amp; signal distribution
equipment) businesses. Segment performance is evaluated based on segment revenue, segment income and segment margin (segment income
as a percentage of segment revenue). See note 25 to our 2019 audited consolidated financial statements for further detail.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><IMG SRC="tm2036498d2_ex99-1img001.jpg" ALT="">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>About Celestica</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Celestica enables the world's best brands. Through our recognized
customer-centric approach, we partner with leading companies in aerospace and defense, communications, enterprise, HealthTech,
industrial, capital equipment, and energy to deliver solutions for their most complex challenges. As a leader in design, manufacturing,
hardware platform and supply chain solutions, Celestica brings global expertise and insight at every stage of product development
- from the drawing board to full-scale production and after-market services. With talented teams across North America, Europe and
Asia, we imagine, develop and deliver a better future with our customers.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">For more information,
visit <U>www.celestica.com</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Our securities filings can also be accessed
at <U>www.sedar.com</U> and <U>www.sec.gov</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><B>&nbsp;</B></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; background-color: white"><TR STYLE="vertical-align: top">
<TD STYLE="width: 20%"><B><U>Contacts:</U></B></TD><TD STYLE="text-align: justify; width: 80%"></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%">
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; width: 51%; text-align: left">Celestica Global Communications</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; width: 49%; text-align: left">Celestica Investor Relations</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">(416) 448-2200</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">(416) 448-2211</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"><U>media@celestica.com</U></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"><U>clsir@celestica.com</U></TD></TR>
</TABLE>


<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><B><U>Cautionary
Note Regarding Forward-looking Statements </U></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left"><I>This press release contains forward-looking
statements, including, without limitation, financial projections and guidance, as well as statements related to our targets, strategies,
expectations and anticipated operating results. Such forward-looking statements may, without limitation, be preceded by, followed
by, or include words such as &ldquo;believes,&rdquo; &ldquo;expects,&rdquo; &ldquo;anticipates,&rdquo; &ldquo;estimates,&rdquo;
 &ldquo;intends,&rdquo; &ldquo;plans,&rdquo; &ldquo;continues,&rdquo; &ldquo;project,&rdquo; &ldquo;potential,&rdquo; &ldquo;possible,&rdquo;
 &ldquo;contemplate,&rdquo; &ldquo;seek,&rdquo; or similar expressions, or may employ such future or conditional verbs as &ldquo;may,&rdquo;
 &ldquo;might,&rdquo; &ldquo;will,&rdquo; &ldquo;could,&rdquo; &ldquo;should,&rdquo; or &ldquo;would,&rdquo; or may otherwise be
indicated as forward-looking statements by grammatical construction, phrasing or context. For those statements, we claim the protection
of the safe harbor for forward-looking statements contained in the U.S.&nbsp;Private Securities Litigation Reform Act of 1995 and
applicable Canadian securities laws. </I></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left"><I>Forward-looking statements are provided
to assist readers in understanding management&rsquo;s current expectations and plans relating to the future. Readers are cautioned
that such information may not be appropriate for other purposes. Forward-looking statements are not guarantees of future performance
and are subject to risks that could cause actual results to differ materially from those expressed or implied in such forward-looking
statements, including, among others, risks related to: the scope, duration and impact of the coronavirus disease 2019 (COVID-19)
pandemic, including its severe, prolonged and continuing adverse impact on the commercial aerospace industry due to quarantines,
travel restrictions, business curtailments, resurgences of the virus and safety concerns; customer and segment concentration;
challenges of replacing revenue from completed, lost or non-renewed programs or customer disengagements; our customers' ability
to compete and succeed with our products and services; the cyclical nature of our capital equipment business, particularly our
semiconductor and display businesses; competitive factors and adverse market conditions affecting the electronic manufacturing
services industry in general and our segments in particular (including the risk that anticipated market improvements do not materialize);
changes in our mix of customers and/or the types of products or services we&nbsp;provide, including negative impacts of higher
concentrations of lower margin programs; delays in the delivery and availability of components, services and materials; changes
in customer demand; the inability to maintain adequate utilization of our workforce; the expansion or consolidation of our operations;
defects or deficiencies in our products, services or designs; integrating and achieving the anticipated benefits from acquisitions
and &quot;operate-in-place&quot; arrangements; negative impacts on our business resulting from outstanding third-party indebtedness,
including as a result of the inability to sell desired amounts under our uncommitted accounts receivable sales program; rapidly
evolving and changing technologies, and changes in our customers' business or outsourcing strategies; customer, competitor and/or
supplier consolidation; compliance with customer-driven policies and standards, and third party certification requirements, including
climate change and other social responsibility initiatives; challenges associated with new customers or programs, or the provision
of new services; the impact of restructuring actions and productivity initiatives, including a failure to achieve anticipated
benefits from actions associated with our review of our CCS segment revenue portfolio (CCS Review), including the Cisco Disengagement;
the incurrence of future restructuring charges, impairment charges or operating losses; managing our business during uncertain
market, political and economic conditions, including among others, geopolitical and other risks associated with our international
operations, including military actions, protectionism and reactive countermeasures, economic or other sanctions or trade barriers;
disruptions to our operations, or those of our customers, component suppliers and/or logistics partners, including as a result
of events outside of our control, including, among others: Britain's departure from the European Union (Brexit), policies or legislation
proposed or instituted by the current or new administration in the U.S., uncertainty surrounding the outcome and impact of the
recent presidential election in the U.S., the potential impact of significant tariffs on items imported into the U.S. and related
countermeasures, and/or the impact of (in addition to COVID-19) other widespread illness or disease; changes to our operating
model; changing commodity, materials and component costs as well as labor costs and conditions; execution or quality issues (including
our ability to successfully resolve these challenges); non-performance by counterparties; maintaining sufficient financial resources
to fund currently anticipated financial obligations and to pursue desirable business opportunities; negative impacts on our business
resulting from any significant uses of cash, securities issuances, and/or additional increases in third-party indebtedness; foreign
currency volatility; our global operations and supply chain; recruiting or retaining skilled talent; our dependence on industries
affected by rapid technological change; our ability to protect intellectual property and confidential information; increasing
taxes, tax audits, and challenges of defending our tax positions; obtaining, renewing or meeting the conditions of tax incentives
and credits; computer viruses, malware, hacking attempts or outages that may disrupt our operations; the inability to prevent
or detect all errors or fraud; the variability of revenue and operating results; unanticipated disruptions to our cash flows;
a failure to qualify for and/or collect anticipated COVID-19-related governmental subsidies, grant or credits (COVID Subsidies);
compliance with applicable laws, regulations, and government subsidies, grants or credits; the management of our information technology
systems; our pension and other benefit plan obligations; changes in accounting judgments, estimates and assumptions; our ability
to maintain compliance with applicable credit facility covenants; interest rate fluctuations; deterioration in financial markets
or the macro-economic environment; and current or future litigation, governmental actions, and/or changes in legislation or accounting
standards. The foregoing and other material risks and uncertainties are discussed in our public filings at <U>www.sedar.com</U>
and <U>www.sec.gov</U>, including in our most recent MD&amp;A, our 2019 Annual Report on Form 20-F filed with, and subsequent
reports on Form 6-K furnished to, the U.S. Securities and Exchange Commission, and as applicable, the Canadian Securities Administrators.
</I></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

<!-- Field: Page; Sequence: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><IMG SRC="tm2036498d2_ex99-1img001.jpg" ALT="">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left"><I>The forward-looking statements contained
in this press release are based on various assumptions, many of which involve factors that are beyond our control. Our material
assumptions include those related to the following: fluctuation of production schedules from our customers in terms of volume and
mix of products or services; the scope and duration of the COVID-19 pandemic and its impact on our sites, customers and supply
chain; our ability to qualify for specified COVID Subsidies; the timing and execution of, and investments associated with, ramping
new business; the success of our customers&rsquo; products; our ability to retain programs and customers; the stability of general
economic and market conditions, currency exchange rates, and interest rates; supplier performance, pricing and terms; compliance
by third parties with their contractual obligations and the accuracy of their representations and warranties; the costs and availability
of components, materials, services, equipment, labor, energy and transportation; that our customers will retain liability for recently-imposed
tariffs and countermeasures; global tax legislation changes; our ability to keep pace with rapidly changing technological developments;
the timing, execution and effect of restructuring actions; the successful resolution of quality issues that arise from time to
time; our having sufficient financial resources to fund currently anticipated financial actions and obligations and to pursue desirable
business opportunities; the components of our leverage ratio (as defined in our credit facility); our ability to successfully diversify
our customer base and develop new capabilities; the impact of actions associated with the CCS Review (including the Cisco Disengagement)
on our business, and that we achieve the anticipated benefits therefrom; anticipated demand strength in certain of our businesses;
and anticipated demand weakness in, and/or the impact of anticipated adverse market conditions on, certain of our businesses. Although
management believes its assumptions to be reasonable under the current circumstances, they may prove to be inaccurate, which could
cause actual results to differ materially (and adversely) from those that would have been achieved had such assumptions been accurate.
Forward-looking statements speak only as of the date on which they are made, and we disclaim any intention or obligation to update
or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required
by applicable law. </I></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><I>All forward-looking statements attributable to us are expressly
qualified by these cautionary statements.</I></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><I>&nbsp;</I></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B><U>Non-IFRS Measures</U></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><I>&nbsp;</I></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">In this press release, we refer to non-IFRS adjusted earnings
per share and non-IFRS free cash flow (each as defined in Schedule I to our third quarter of 2020 earnings press release, available
at <U>www.sedar.com</U> and <U>www.sec.gov</U>). These non-IFRS measures do not have any standardized meanings prescribed by IFRS
and may not be comparable to similar measures presented by other public companies that use IFRS, or who report under U.S. GAAP
and use non-GAAP measures to describe similar operating metrics.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Management uses these measures to assess operating performance
and the effective use and allocation of resources; to provide more meaningful period-to-period comparisons of operating results;
and to enhance investors&rsquo; understanding of the core operating results of Celestica&rsquo;s business. We believe investors
use both IFRS and non-IFRS measures to assess management's past, current and future decisions associated with our priorities and
our allocation of capital, as well as to analyze how our business operates in, or responds to, swings in economic cycles or to
other events that impact our core operations.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 3 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><IMG SRC="tm2036498d2_ex99-1img001.jpg" ALT="">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">We do not provide reconciliations for forward-looking non-IFRS
financial measures, as we are unable to provide a meaningful or accurate calculation or estimation of reconciling items and the
information is not available without unreasonable effort. This is due to the inherent difficulty of forecasting the timing or amount
of various events that have not yet occurred, are out of our control and/or cannot be reasonably predicted, and that would impact
the most directly comparable forward-looking IFRS financial measure. For these same reasons, we are unable to address the probable
significance of the unavailable information. Forward-looking non-IFRS financial measures may vary materially from the corresponding
IFRS financial measures.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 4; Options: Last -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

</BODY>
</HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>3
<FILENAME>tm2036498d2_ex99-1img001.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 tm2036498d2_ex99-1img001.jpg
M_]C_X  02D9)1@ ! 0$ > !X  #_VP!#  ," @," @,# P,$ P,$!0@%!00$
M!0H'!P8(# H,# L*"PL-#A(0#0X1#@L+$!80$1,4%145# \7&!84&!(4%13_
MVP!# 0,$! 4$!0D%!0D4#0L-%!04%!04%!04%!04%!04%!04%!04%!04%!04
M%!04%!04%!04%!04%!04%!04%!04%!3_P  1" !' *@# 2(  A$! Q$!_\0
M'P   04! 0$! 0$           $" P0%!@<("0H+_\0 M1   @$# P($ P4%
M! 0   %] 0(#  01!1(A,4$&$U%A!R)Q%#*!D:$((T*QP152T? D,V)R@@D*
M%A<8&1HE)B<H*2HT-38W.#DZ0T1%1D=(24I35%565UA96F-D969G:&EJ<W1U
M=G=X>7J#A(6&AXB)BI*3E)66EYB9FJ*CI*6FIZBIJK*SM+6VM[BYNL+#Q,7&
MQ\C)RM+3U-76U]C9VN'BX^3EYN?HZ>KQ\O/T]?;W^/GZ_\0 'P$  P$! 0$!
M 0$! 0        $" P0%!@<("0H+_\0 M1$  @$"! 0#! <%! 0  0)W  $"
M Q$$!2$Q!A)!40=A<1,B,H$(%$*1H;'!"2,S4O 58G+1"A8D-.$E\1<8&1HF
M)R@I*C4V-S@Y.D-$149'2$E*4U155E=865IC9&5F9VAI:G-T=79W>'EZ@H.$
MA8:'B(F*DI.4E9:7F)F:HJ.DI::GJ*FJLK.TM;:WN+FZPL/$Q<;'R,G*TM/4
MU=;7V-G:XN/DY>;GZ.GJ\O/T]?;W^/GZ_]H # ,!  (1 Q$ /P#]4Z**SM4U
M9],GM0ULSVK[S/=EU6.V55SN?)Z?X'VR :-%0VMW!?6T=Q;31W$$@W)+&P96
M'J".M9VCZO>7VH:C;7NGBP$$I%NQG5S<1YQYFT<@=/SQU!H BL[@-XNU&(/8
M%A;Q96.4FYX)(WIV7YC@^_OQLS3);PO+(=L:*68XS@ 9-</H\TS?%36 ?"S6
MB&W _MS#8GP$PN<;3G Z'/R#/ML^(IKJ[U33-,@M+B2UED\RYO+6Z\IK;;AD
M# <D-@CMTI@="K!E##D$9%+112 **** "BBB@ HHHH **** "BBB@ HHHH *
M*** &331V\9DE=8T'5G( &3CK45[9V^J64]I<QK/;3(T4D9Z,I&"*G(##!&1
M7.S>#TM[ZUNM+NIM.6"6:X>TB<B&YED'60=^1^IQB@#C]?\ $DWP;EU/6=<O
M++2/AKIMLOE[4+R*S;0   79VD8^H(/K7F_Q(_:,\%^$(?!WQ/T/2]6\80^(
MI'L('T]C&D>WY6#(RY\WDJL9P&VL>V:F_:(^(TO@GX5V.E?$;P5)XX@\07YL
MY+337,:I&NUD)90?WN[E N,[>H(-<9JEU\6/A7\=O"/@;X=>$I++X4PM;".!
M;'S8'A<JUS+/<,"R2*S2=7!^4<'/.$YM.R/T3(\DPN(PU/$XJG=MSDN:HH4Y
M0A&S2:O-34FFM$FD_-G6VNG^-=#_ &HO$7B.Z^(EKJ?A:VTZ6[_X0RVOS)>^
M6(,I&+/HC!L-O'+<?WCA/AM^T9X$OO".O?&+7;/4O",+7QTB2*[=KA)GVHP\
MD*H+$A1GCY=C=AFK>@_L;VVA_M+7/Q6'BBYFADNI[Y-+,.'$TJLK*9=W*#>V
M!M!Q@=N>"^&5G\4/CU\0?%W@[XT>$FF\!1[YXXYK0VL=K<*X$7V:= K/E6?D
M,V0<YYYB\HNW>YZ]2CE&9TE5G.,XT:='GDOW4TE=2A"#7+4EM[S?9)NY]'_#
M[Q!K'C+5)/$%MJ=GJ/@?4;83:8\*8<Y(VG! 8$#<&#=Z[^LWPWX;TWPAH-CH
MNCV<=AI=C$(;>VCSM1!T'/)^IY)Y->;_ !2^-&HZ!XLLO _@K1%\3>-KR'[2
MT,LGEVMC!G'FSMZ?[((/3G)4-U*_4_*:WLO:2]C?DN[7WMTO;2]M['K5%> W
MGB;X_>!XTU35] \+^,=-7!N;#PZT\=Y&">2GF</CT )/ZU[8WB"SM-#AU74I
M5T:U:))9/[1=8?)W ':Y)P",X//6F9&E15'1]>TWQ%9B[TK4;74[7.WS[.=9
M4SZ;E)%>>_!7X@:OXYU3XB6^JO"Z:)XENM,L_*CV$0)MVAO4^_O2 ]0HK'_X
M3+0/[:_LC^W--_M;.W[!]KC\_/IY>=WZ5H7VH6NEV<MU>W,-I:Q#=)/.X1$'
MJ6/ H L45FZ1XDTGQ!:/=:7JEEJ5JGWIK.X25%^K*2!7!?#GX[:/X[USQ5IL
MMQI^GMI&K-IMJWV]&-ZH Q(HXZG/ S]: /3Z*Y:SDUS_ (6-?I+K&F2^'Q81
MM#I4:?Z;%,6YE<Y^X0& ]3CI@YTM:\8:#X;GBAU;6].TN:;F..]NXX6?Z!B,
M_A0!KT4Q9HWA$RR*T17>) 05*XSG/IBLG3_&?A_5[]K&QUW3;V]7.;:WNXY)
M!CK\H.: -FBJEQJ]C:W'V>>]MX9]GF>5)*JMMY^;!.<<'GV-% &9<6_B-A+Y
M5[8 FQ9$_<L,763M?J?DQCCD\'K6'<:?X[:\\,LFI6(BB;_B:A4&)1NYQE<_
M=X&,<\]^.ZKFI]?U2^OK.'3=*E^QRO/#<WEQB,VS*,(P0\N"?3TH \+M]/\
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MMI&_V'R  FYF ?S.ISM88[5K30QW$3Q2HLD;C:R,,@CT(HHH ?1110 4444
;%%%% !1110 4444 %%%% !1110 4444 ?__9

end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
