Investor Presentation May 2021

Capital Allocation Priorities Maintain Strong Balance Sheet Preserve liquidity and high investment grade credit ratings Adj. debt / Adj. EBITDA ratio between 1.0-1.5x Maintain flexibility to invest for growth Invest for Growth Organic and inorganic opportunities Innovation Return Capital to Shareholders Continued dividend growth over time Repurchase shares with excess liquidity MAGNA Investor Presentation - May 2021 27

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