Mr. Rob Wildeboer reports

MARTINREA INTERNATIONAL INC. HOLDS ANNUAL GENERAL MEETING

Martinrea International Inc. has released the results of the election of directors at its annual general meeting.

Rob Wildeboer, the company's executive chairman, stated: "We would like to thank our shareholders for their overwhelming show of support. The voting results were very positive. As a board, we will continue to do our best for the company and our shareholders."

Mr. Wildeboer added: "At the meeting, we presented an operational, financial and strategic overview of the company and its opportunities. The company is performing well in multiple ways, our culture is a sustainable competitive advantage and we expect to continue to deliver positive results for our stakeholders. Our outlook remains positive."

Martinrea held an annual general meeting on June 6, 2023. A total of 48,464,187 common shares, or 60.29 per cent of the issued and outstanding common shares, were voted at the meeting. Shareholders voted in favour of all items of business, including the election of each director nominee by a substantial majority as shown in the attached table.

Additionally, Martinrea's advisory say-on-pay vote received 98.26-per-cent support.

About Martinrea International Inc.

Martinrea is a diversified and global automotive supplier engaged in the design, development and manufacturing of highly engineered, value-added lightweight structures and propulsion systems. Martinrea operates in 58 locations in Canada, the United States, Mexico, Brazil, Germany, Slovakia, Spain, China, South Africa and Japan. Martinrea's vision is making lives better by being the best supplier it can be in the products it makes and the services it provides.

The common shares of Martinrea trade on the Toronto Stock Exchange under the symbol MRE.