Ms. Deanna Lorincz reports

MARTINREA MAINTAINS 2026 OUTLOOK

Martinrea International Inc. is maintaining its full-year 2026 outlook following the amendment of Section 232 tariffs on steel, aluminum and copper imports into the United States, which came into effect on April 6, 2026.

The company expects no impact to its business as a result of the Section 232 tariff amendments, as auto parts are covered under a separate agreement, and its parts, which are USMCA compliant, remain exempt from tariffs. The company is subject to tariffs on certain imports of raw material inputs (steel and aluminum derivative products) that may be impacted by the recent amendments. However, any adverse impact is expected to be modest and absorbed by its customers, or otherwise mitigated.

Further clarity will be provided on the upcoming Q1 (first quarter) 2026 results conference call scheduled for April 30, 2026.

About Martinrea International Inc.

Martinrea International is a leader in the development and production of quality metal parts, assemblies and modules, fluid management systems, and complex aluminum products focused primarily on the automotive sector. Martinrea currently operates in 57 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.

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