Mr. Louis Tonelli reports

MAGNA ANNOUNCES 2025 ANNUAL & SPECIAL MEETING RESULTS

Magna International Inc. has released voting results from its 2025 annual and special meeting of shareholders held on May 8, 2025. A total of 221,621,186 common shares or 78.66 per cent of its issued and outstanding common shares were represented in person or by proxy at the meeting. Shareholders voted in favour of each item of business, as follows.

Based on the voting results, all 13 nominees were elected to the board, Deloitte was reappointed as independent auditor, the 2025 stock option plan was ratified and the say-on-pay resolution was approved -- in each case by a substantial majority.

Following the annual meeting, Magna's board confirmed:

• Robert F. MacLellan as board chair;
• Mary Lou Maher as audit committee chair;
• V. Peter Harder as governance, nominating and sustainability committee chair;
• William A. Ruh as technology committee chair; and
• Dr. Indira V. Samarasekera as talent oversight and compensation committee chair.

About Magna International Inc.

Magna is more than one of the world's largest suppliers in the automotive space. It is a mobility technology company built to innovate, with a global, entrepreneurial-minded team of approximately 167,000 employees across 342 manufacturing operations and 103 product development, engineering and sales centres spanning 28 countries. With 65-plus years of expertise, its ecosystem of interconnected products combined with its complete vehicle expertise uniquely positions it to advance mobility in an expanded transportation landscape.